Find the latest Sallie Mae Bank CD Rates, Offers, and Promotions here. At the moment, you can earn up to 4.00% APY.
Update 10/23/24: The rate have decreased slightly but still offer competitive rates.
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 CD | 3.95% | $1 |
14-Month CD | 4.00% | $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.
Author’s Verdict
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.
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
Be sure to check back on BankDealGuy for more bank promotions and the best CD Rate Offers!
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.
Is 1.05% the best CD rate you currently offer ?
I am interested in opening a CD
“At the moment you can earn a 2.35% APY on a 12-Month CD Special.”
which one is this ? I would like to do a hard copy and not submit this info on line. What are the alternatives?