Find the latest Sallie Mae Bank CD Rates, Offers, and Promotions here.
Headquartered in Salt Lake City, Utah, Sallie Mae Bank is a financial institution that is well-known for its student loan business. They offer an array of debt management services and business products.
Continue reading below for the CD rate offers from Sallie Mae Bank below.
Table of Contents
Sallie Mae CD Account Rates
Open up a new Sallie Mae CD Account to a competitive rate on your funds.
- Availability: Nationwide
- Expiration: None Listed
- Credit Inquiry: Soft Pull
- Minimum deposit: $1
- Maximum deposit: None
- Monthly Service Fee: None
- Early withdrawal penalty: None, absolutely no penalty at all! Withdrawals may be made 7 days after opening.
|Term||APY Rate||Minimum Deposit|
|10-Month No-Penalty CD||4.00%||$1|
|14-Month No-Penalty CD||4.05%||$1|
|27-Month High Yield CD||5.00%||$1|
Sallie Mae CD Features
- Interest Compounded Daily
- Credited Monthly
- Competitive Rate
- FDIC Insured
Are My Funds Safe?
Sallie Mae is a member of the FDIC. Deposits in Sallie Mae are insured by the FDIC up to the limits of federal law. The standard insurance amount is $250,000 per depositor, per insured bank, for each deposit account ownership category.
With a variety of Sallie Mae Bank rates and promotions to choose from, you can take advantage of a variety of features and accounts. You can sign up online nationwide so take advantage if this is something you are interested in.
This is your chance to invest in a high-interest CD from Sallie Mae Bank. However, you may want to compare them with our best CD Rates:
- Best 6-Month CD Rates
- Best 9-Month CD Rates
- Best 12-Month CD Rates
- Best 18-Month CD Rates
- Best 24-Month CD Rates
- Best 36-Month CD Rates
- Best 48-Month CD Rates
- Best 60-Month CD Rates
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.