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Read about Sallie Mae banking promotions and offers for their money market account here.
Update 3/29/2023: Their APY rate increased from 3.80% to 4.05%.
Update 3/14/2023: Their APY rate increased from 3.75% to 3.80%.
Update 2/27/2023: Their APY rate increased from 3.60% to 3.75%.
Update 2/3/2023: Their APY rate increased from 3.40% to 3.60%.
Update 12/27/2022: Their APY rate increased from 3.20% to 3.40%.
Sallie Mae, often thought of in terms of student loans, boasts one of the highest money market rates in the nation with no minimums or monthly fees.
Link a couple of their programs together and over time, you can build up a substantial amount for tuition, educational necessities or for something else altogether.
Sallie Mae Bank Money Market Account Details
- Available nationwide
- Minimum to open: None
- Minimum for APY: $1
- Monthly fee: None
- No minimum balance required
- Access to your money and write checks from the account
- Rate compounded daily, paid monthly
READ MORE: See Popular Offers From Banks Like Chase Bank, Bank Of America, U.S. Bank, BMO Harris, And TD Bank
Bottom Line
Compare with more popular savings and money market accounts here.
READ MORE: See The Best Bank Promotions Here And The Best Investing Promotions Here
