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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
Compare with more popular savings and money market accounts here.
READ MORE: See The Best Bank Promotions Here And The Best Investing Promotions Here
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