Available to customers across the US, Sallie Mae Bank is offering customers the chance to sign up for an online CD account and earn at a competitive rate of 1.25% APY on a 12 month CD with at least $2500 minimum deposit! You also have the chance to earn a 1.60% APY on a 36 month CD, and 1.80% on a 60 month CD term. A certificate of deposit (CD) lets you grow your money with a locked-in interest rate/annual percentage yield (APY) over a set period of time. We offer a range of time periods and your CD’s rate is guaranteed. When the set time period is over, you can choose to withdraw your money or automatically renew.
Sallie Mae Bank is invested in the future of our nation’s students, developing programs to help families save, plan, and pay for college. You don’t have to try to save the full amount all at once. Start now, figure out your goal, and you can help your student borrow less in the future. You have choices, ranging from basic savings account to tax-advantaged college savings plans. See what each has to offer and what’s right for you!
|Ally Bank is the 3rd largest internet bank, and the 22nd largest bank in the U.S. with 2.1 million customers and has recently increased the rate of CDs. Ally Bank is currently offering up to a 1.35% APY for a High Yield 18-Month CD with a minimum deposit of $25,000. CDs are a great way to earn a little cash while saving. They are also offering deposits below $5,000 an amazing 1.20% APY and anything above $5k to $25k with a 1.25% APY. So hurry up and sign up today! Sign up Now--- Ally Bank 18-Month CD Review|
|Ally Bank is offering a great yielding Certificate of Deposit Account that will let you earn money with their 3-Yr High Yield CD. CDs are a faster way to have your money produce returns and help you save and Ally Bank is offering one of the most competitive APY rate for 3 years at 1.60%! This offer is meant for those that love to save and earn returns and at such a high APY rate. This is an offer you don't want to miss out on especially with Ally Bank's increased APY rates on their CDs, you have nothing to lose! Sign up Now---Ally Bank 3-Year CD Review|
Sallie Mae Bank CD Information:
- Apply Now
- Account Type: CD Account
- APY Rates: 1.25% – 1.80%
- Availability: Nationwide
- CD Lengths: 12 – 60 months
- Credit Inquiry: Hard Pull or Soft Pull? Let us know.
- Opening Deposit: $2500
- Additional Requirements: None
- Early Withdrawal Penalties: A penalty will be imposed if you make a withdrawal of principal prior to the maturity date.
- Renewal Policy: Yes, you will have 10 days after maturity to withdraw or cancel the automatic renewal.
Sallie Mae Bank CD Terms:
- 1.25% APY for a 12-Month CD
- 1.60% APY for a 36-Month CD
- 1.80% APY for a 60-Month CD
Why You Should Apply for This Account:
Extremely Easy to Open an Account: To open an account you must be a U.S. citizen or resident alien that is 18 years or older, you must have a U.S. address, a Social Security number, and a driver’s license or state-issued ID, and you must have a check or bank account number to electronically transfer money into your new Sallie Mae Bank account.
Low Minimum Deposit: As long as you open your CD with at least $2500, you will earn interest at the highest rate in the country.
Competitive Rate: At 1.70% APY, the CD account earns more than the national average. Interest is also compounded daily and credited monthly.
FDIC Insured: You can feel confident knowing that your funds are insured up to the maximum amount of $250,000.
Check out Sallie Mae Bank online CD accounts and earn interest rate up to 1.80% APY. With a low opening minimum deposit of $2500 and no fees, you will definitely get a satisfying return on your investment. Keep in mind that you won’t be able to access your funds once you sign up. This is a great chance to invest in a high-interest CD account from Sallie Mae Bank. For investors looking to earn higher returns on longer CDs, you can find more of the Best CD Rates in the country from the HMB list!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
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