Sallie Mae High-Yield Savings Account

Sallie Mae Savings Account APY

	Interest Rate
$0 & Above	4.20% APY

Receive 4.20% APY on your Sallie Mae online high-yield savings account

Compounded daily, paid monthly

No minimum initial deposit

No minimum balance and no monthly maintenance fees

Sallie Mae reserves the right to close a dormant account with a balance of $100 or less with no activity for past 12 months

Easy online account management

During any calendar month or statement cycle of at least four weeks, you may make no more than 6 transfers and withdrawals after which $10 excessive debits fee will be charged for each item that exceeds the maximum number of transactions

Click here to go to Sallie Mae website for more details

About Sallie Mae

Sallie Mae and its sibsidiaries (including Sallie Mae Bank and SLM Financial Corporation) is a publicly traded U.S. corporation headquartered in Salt Lake City that provides consumer banking focusing on private education loans. Online banking is available via app or website for all customers.

Sallie Mae can be contacted via mail or phone. Customers with questions about their savings products can reach Sallie Mae via phone on 877-346-2756 weekdays from 8am to 8pm ET

Sallie Mae is a member of FDIC which covers the deposits of a depositor to up to US$250,000