Sallie Mae Bank – CDs & Savings Accounts
Sallie Mae bank is currently offering some top CD rates and savings account rates via their online bank.
Sallie Mae CDs have the following features:
- No minimum balance
- No monthly charges
- No hidden fees
- FDIC insured
Current Sallie Mae CD rates as of 7/14/2010:
- 12 month CD – 1.50% APY
- 3 Year CD – 2.20% APY
- 5 Year CD – 3.00% APY
Sallie Mae’s online savings account features a 1.40% APY and is amongst the top savings rates available online. This account features:
- No Minimum Balance
- No Monthly Fees
- Daily Compounded Interest
- FDIC Insured
Both accounts can be opened online quickly and with minimal effort.
Bank rates may be out of date. Please check bank websites for current rates. Find & compare the best CD rates, savings accounts, and bank deals!

One Comment on “Sallie Mae Bank – CDs & Savings Accounts”
I really like Sallie Mae bank. I am a student and I think it is a great banks for students. I like this review because it was quick and to the point. I think that since they are focusing just on cds and savings their rates will stay high. They have for the past year I have been with them.