If you’re looking for a new savings account available nationwide, Sallie Mae Money Market is offering you 4.10% APY on your funds.
Update 12/12/24: The rate has decreased to 4.10% APY (from 4.20%). We recommend our top pick – the Western Alliance savings account.
Sallie Mae Money Market Account Summary
Here is your opportunity to earn a high-interest rate on your funds. Open a new account and get started today!
- Learn More at Sallie Mae
- Account Type: Sallie Mae Money Market Account
- Interest Rate: 4.10% APY
- Availability: Nationwide
- Minimum Balance: None
- Maximum Balance: None
- Credit Inquiry: Soft Pull
- Credit Funding: Unknown
- Opening Deposit Requirement: None
- Monthly Fee: None
- Early Termination Fee: None
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 | 4.10% APY |
Sallie Mae Account Benefits
- No minimum deposit- You can open your account with as little as $1 and still continue to earn at a high rate.
- No monthly fees- Sallie Mae Bank allows you to maintain an account without having to worry about any transaction fees, allowing you to earn as high of a return as you can on your investment.
- 24/7 account access- You’ll be able to manage your funds from the comfort of your own home at any time.
- FDIC insured- Your funds will be FDIC insured up to the maximum amount of $250,000.
Author’s Verdict
Check out this offer from Sallie Mae right now if you open a Sallie Mae Money Market Account you earn a competitive rate. Let us know about your thoughts and experience with this account!
Pretty good rate with no minimum balance! If you know any info regarding the credit inquiry, early account termination fee, please let us know.
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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