![Sallie Mae Money Market Account: Earn 1.05% APY Rate [Nationwide]](https://bankdealguy.com/wp-content/uploads/2017/03/Sallie-Mae.png)
If you’re looking for a new savings account available nationwide, Sallie Mae High-Yield Savings Account is offering you 3.90% APY.
Update 3/6/25: The rate has decreased to 3.90% APY (from 4.10%).
Sallie Mae High-Yield Savings Account
Here is your opportunity to earn a competitive interest rate on your funds. Open a new account and start earning interest and get started today!
- Account Type: High-Yield Savings Account
- Interest Rate: 3.90% APY
- Availability: Nationwide
- Minimum Balance: None
- Maximum Balance: None
- Credit Inquiry: Soft Pull
- Credit Funding: Unknown
- Opening Deposit Requirement: None
- Monthly Fee: None listed
- Early Termination Fee: None
(FDIC Insured)
| PROMOTION LINK | OFFER | OFFER |
| SoFi Checking and Savings Account | 3.30% APY + $325 Bonus | Review |
| Always.Bank Savings | 4.10% APY | Review |
| Valley Direct Online Savings | 4.00% APY | Review |
| Valley Bank High Yield Savings | 3.96% APY + $1200 Bonus | Review |
| Centier Bank High Yield Savings | 3.90% APY + $1200 Bonus | Review |
| American First Credit Union Money Market Deposit | 3.90% APY + $1200 Bonus | Review |
| Western Alliance Bank High-Yield Savings | 3.80% APY + $1200 Bonus | Review |
| Live Oak Bank Savings | 3.80% APY | Review |
| Quontic Bank High Yield Savings | 3.50% APY | Review |
| Robinhood Gold | 3.25% APY | Review |
| Betterment Cash Reserve | 3.25% APY | Review |
| Upgrade Premier Savings | 3.05% APY | Review |
Sallie Mae Bank ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | ? | ? | None |
| Pull | ? | ? | ? | None |
Editor’s Note: If you have experience with Sallie Mae Bank’s ACH capabilities, please help us with the table above in the comment section.
Account Rates
| Balance | APY |
| Any Balance | 3.90% APY |
Sallie Mae High-Yield Savings Account Benefits
- No minimum balance or monthly fees
- Free transfers with a maximum of 6 withdrawals per month
- Easy online account management
- APY compounded daily and paid monthly
- FDIC-insured for your peace of mind
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Author’s Verdict
Check out this offer from Sallie Mae and open a High-Yield Savings account with an amazing rate! The fact that you can earn a high rate on any balance makes this Savings Account worth looking into. Let us know about your experience with this bank in the comment section below.
In addition to the current rate from Sallie Mae Bank, you can also take advantage of a range of great promotions from banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
If you know of any account similar to this or better, please let us know by commenting below! Let us know about your thoughts and experience with this account! Be sure to check back on BankDealGuy for more bank rates!




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