What are the current interest rates at Sallie Mae?

Current rates for Sallie Mae include: 12-Month CD: 4.10%, 18-Month CD: 4.50%, 24-Month CD: 4.50%, 36-Month CD: 4.60%, 60-Month CD: 5.00%, Savings: 4.00%, MMA: 3.60%

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Sallie Mae Rates & Review November 2026

Q: What CD terms does Sallie Mae offer?

Sallie Mae CD rates are 4.50% APY for a 12 month CD, 4.50% APY for an 18 month CD, 4.50% APY for a 2 year CD, 4.60% APY for a 3 year CD and 5.00% APY for a 5 year CD, verified by MonitorBankRates as of November 5, 2026. The institution may offer other terms or specials that are not listed here, so check with Sallie Mae for its full lineup.

Q: How many branches does Sallie Mae operate?

Sallie Mae currently maintains approximately 1 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, Sallie Mae does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Sallie Mae provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: November 5, 2026

Sallie Mae's CD - 60-Month rates are at 5.00%, CD (CDs) - 60-Month rates are at 5.00%, 36-Month CD rates are at 4.60%, CD (CDs) - 36-Month rates are at 4.60%, 12-Month CD rates are at 4.50%. Sallie Mae's savings rates are at 4.00%. Sallie Mae's money market rates are at 3.60%. Sallie Mae's top CD rate of 5.00% APY on a 5 year CD is 70% higher than the MonitorBankRates national average of 2.93% APY for that term, and it has an A+ health rating. MonitorBankRates evaluates the financial stability of Sallie Mae with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 4.70%. Rates last updated and verified on 11/05/2026.

Sallie Mae money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Sallie Mae? Share your experience about Sallie Mae by leaving a review below, or read customer reviews before you decide to use Sallie Mae.

Verified Healthy 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 98/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

4.70%

Excellent Lower than avg

Health Trend

Very strong 12 quarters

Full history ›

Sallie Mae Bank

175 S West Temple
Salt Lake City, UT 84101

https://www.salliemae.com

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Financial health data as of Q2 2026 (FDIC call report for the quarter ended June 30, 2026). This is the most recent call report available. The FDIC publishes bank call reports about eight weeks after each quarter ends.

Sallie Mae CD Rates

Product	Rate	APY	Term	Min. Deposit
CD - 60-month	-	5.00%	60 months	-
Min Balance $2,500 Last Updated 11/05/2026 Rate History 3 changes since Sep 18, 2026 · 4.40% → 5.00% ▲ 0.60 pts · high 5.00% / low 4.40% Oct 26, 20265.00%▲ from 4.75% Oct 21, 20264.75%▲ from 4.50% Sep 27, 20264.50%▲ from 4.40% Sep 18, 20264.40%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
CD (CDs) - 60-month	4.88%	5.00%	60 months	$2,500
Min Deposit $2,500 Min Balance $2,500 Last Updated 11/05/2026 Rate History 3 changes since Sep 18, 2026 · 4.40% → 5.00% ▲ 0.60 pts · high 5.00% / low 4.40% Oct 26, 20265.00%▲ from 4.75% Oct 21, 20264.75%▲ from 4.50% Sep 27, 20264.50%▲ from 4.40% Sep 18, 20264.40%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
36-Month CD	-	4.60%	36 months	-
Min Balance $2,500 Details Maintain a minimum balance of $2,500 in your CD to keep earning interest Last Updated 11/05/2026 Rate History No change since Oct 26, 2026 · 4.60% APY · checked 3 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
CD (CDs) - 36-month	4.50%	4.60%	36 months	$2,500
Min Deposit $2,500 Min Balance $2,500 Last Updated 11/05/2026 Rate History 2 changes since Sep 18, 2026 · 4.40% → 4.60% ▲ 0.20 pts · high 4.60% / low 4.40% Oct 21, 20264.60%▲ from 4.45% Sep 27, 20264.45%▲ from 4.40% Sep 18, 20264.40%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
12-Month CD	-	4.50%	12 months	-
Min Balance $2,500 Details Maintain a minimum balance of $2,500 in your CD to keep earning interest Last Updated 11/05/2026 Rate History No change since Oct 26, 2026 · 4.50% APY · checked 3 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
13-Month CD	-	4.50%	13 months	-
Min Balance $2,500 Details Maintain a minimum balance of $2,500 in your CD to keep earning interest Last Updated 11/05/2026 Rate History No change since Oct 26, 2026 · 4.50% APY · checked 3 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
15-Month CD	-	4.50%	15 months	-
Min Balance $2,500 Details Maintain a minimum balance of $2,500 in your CD to keep earning interest Last Updated 11/05/2026 Rate History No change since Oct 26, 2026 · 4.50% APY · checked 3 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
18-Month CD	-	4.50%	18 months	-
Min Balance $2,500 Details Maintain a minimum balance of $2,500 in your CD to keep earning interest Last Updated 11/05/2026 Rate History No change since Oct 26, 2026 · 4.50% APY · checked 3 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
24-Month CD	-	4.50%	24 months	-
Min Balance $2,500 Details Maintain a minimum balance of $2,500 in your CD to keep earning interest Last Updated 11/05/2026 Rate History No change since Oct 26, 2026 · 4.50% APY · checked 3 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
30-Month CD	-	4.50%	30 months	-
Min Balance $2,500 Details Maintain a minimum balance of $2,500 in your CD to keep earning interest Last Updated 11/05/2026 Rate History No change since Oct 26, 2026 · 4.50% APY · checked 3 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
CD (CDs) - 12-month	4.40%	4.50%	12 months	$2,500
Min Deposit $2,500 Min Balance $2,500 Last Updated 11/05/2026 Rate History 3 changes since Sep 18, 2026 · 4.20% → 4.50% ▲ 0.30 pts · high 4.50% / low 4.20% Oct 21, 20264.50%▲ from 4.40% Oct 14, 20264.40%▲ from 4.30% Sep 27, 20264.30%▲ from 4.20% Sep 18, 20264.20%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
CD (CDs) - 13-month	4.40%	4.50%	13 months	$2,500
Min Deposit $2,500 Min Balance $2,500 Last Updated 11/05/2026 Rate History 3 changes since Sep 18, 2026 · 4.20% → 4.50% ▲ 0.30 pts · high 4.50% / low 4.20% Oct 21, 20264.50%▲ from 4.40% Oct 14, 20264.40%▲ from 4.35% Sep 27, 20264.35%▲ from 4.20% Sep 18, 20264.20%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
CD (CDs) - 15-month	4.40%	4.50%	15 months	$2,500
Min Deposit $2,500 Min Balance $2,500 Last Updated 11/05/2026 Rate History 1 change since Sep 18, 2026 · 4.40% → 4.50% ▲ 0.10 pts · high 4.50% / low 4.40% Oct 21, 20264.50%▲ from 4.40% Sep 18, 20264.40%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
CD (CDs) - 18-month	4.40%	4.50%	18 months	$2,500
Min Deposit $2,500 Min Balance $2,500 Last Updated 11/05/2026 Rate History 2 changes since Sep 18, 2026 · 4.30% → 4.50% ▲ 0.20 pts · high 4.50% / low 4.30% Oct 21, 20264.50%▲ from 4.40% Sep 27, 20264.40%▲ from 4.30% Sep 18, 20264.30%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
CD (CDs) - 24-month	4.40%	4.50%	24 months	$2,500
Min Deposit $2,500 Min Balance $2,500 Last Updated 11/05/2026 Rate History 2 changes since Sep 18, 2026 · 4.35% → 4.50% ▲ 0.15 pts · high 4.50% / low 4.35% Oct 21, 20264.50%▲ from 4.40% Sep 27, 20264.40%▲ from 4.35% Sep 18, 20264.35%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
CD (CDs) - 30-month	4.40%	4.50%	30 months	$2,500
Min Deposit $2,500 Min Balance $2,500 Last Updated 11/05/2026 Rate History 2 changes since Sep 18, 2026 · 4.35% → 4.50% ▲ 0.15 pts · high 4.50% / low 4.35% Oct 21, 20264.50%▲ from 4.40% Sep 27, 20264.40%▲ from 4.35% Sep 18, 20264.35%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
11-Month CD	-	4.10%	11 months	-
Min Balance $2,500 Details Maintain a minimum balance of $2,500 in your CD to keep earning interest Last Updated 11/05/2026 Rate History No change since Oct 26, 2026 · 4.10% APY · checked 3 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
CD (CDs) - 11-month	4.02%	4.10%	11 months	$2,500
Min Deposit $2,500 Min Balance $2,500 Last Updated 11/05/2026 Rate History No change since Sep 18, 2026 · 4.10% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
6-Month CD	-	3.20%	6 months	-
Min Balance $2,500 Details Maintain a minimum balance of $2,500 in your CD to keep earning interest Last Updated 11/05/2026 Rate History No change since Oct 26, 2026 · 3.20% APY · checked 3 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
9-Month CD	-	3.20%	9 months	-
Min Balance $2,500 Details Maintain a minimum balance of $2,500 in your CD to keep earning interest Last Updated 11/05/2026 Rate History No change since Oct 26, 2026 · 3.20% APY · checked 3 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
CD (CDs) - 6-month	3.15%	3.20%	6 months	$2,500
Min Deposit $2,500 Min Balance $2,500 Last Updated 11/05/2026 Rate History No change since Sep 18, 2026 · 3.20% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
CD (CDs) - 9-month	3.15%	3.20%	9 months	$2,500
Min Deposit $2,500 Min Balance $2,500 Last Updated 11/05/2026 Rate History No change since Sep 18, 2026 · 3.20% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%

Sallie Mae Savings Rates

Product	Rate	APY
High-Yield Savings Account	3.92%	4.00%
Min Deposit $0 Min Balance $0 Details Balance: $0 and over Last Updated 11/05/2026 Rate History 1 change since Sep 18, 2026 · 3.85% → 4.00% ▲ 0.15 pts · high 4.00% / low 3.85% Oct 21, 20264.00%▲ from 3.85% Sep 18, 20263.85%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
SmartyPig Savings Account	3.34%	3.40%
Details Up to 3.40% APY; variable, may change after account opening; interest rate 3.34% on all balance tiers per footnote 4; no monthly maintenance fees; personal accounts only; accurate as of 11/05/2026 Last Updated 11/05/2026 Rate History No change since Sep 18, 2026 · 3.40% APY · checked 11 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%

Sallie Mae Money Market Rates

Product	Rate	APY	View More
Money Market Account	3.54%	3.60%
Min Deposit $0 Min Balance $0 Details Balance: $0 and over; Advertised rates are variable, apply to personal accounts only, and may change after account opening Last Updated 11/05/2026 Rate History No change since Sep 18, 2026 · 3.60% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%

Sallie Mae Other Rates

Product	Rate	Points	APY/APR	Term
Certificate of Deposit - 11 months	-	-	4.10%	11 months
Min Balance $2,500 Last Updated 11/05/2026 Rate History No change since Oct 14, 2026 · 4.10% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
Certificate of Deposit - 12 months	-	-	4.50%	12 months
Min Balance $2,500 Last Updated 11/05/2026 Rate History 1 change since Oct 14, 2026 · 4.40% → 4.50% ▲ 0.10 pts · high 4.50% / low 4.40% Oct 26, 20264.50%▲ from 4.40% Oct 14, 20264.40%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
Certificate of Deposit - 13 months	-	-	4.50%	13 months
Min Balance $2,500 Last Updated 11/05/2026 Rate History 1 change since Oct 14, 2026 · 4.40% → 4.50% ▲ 0.10 pts · high 4.50% / low 4.40% Oct 26, 20264.50%▲ from 4.40% Oct 14, 20264.40%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
Certificate of Deposit - 15 months	-	-	4.50%	15 months
Min Balance $2,500 Last Updated 11/05/2026 Rate History 1 change since Oct 14, 2026 · 4.40% → 4.50% ▲ 0.10 pts · high 4.50% / low 4.40% Oct 26, 20264.50%▲ from 4.40% Oct 14, 20264.40%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
Certificate of Deposit - 18 months	-	-	4.50%	18 months
Min Balance $2,500 Last Updated 11/05/2026 Rate History 1 change since Oct 14, 2026 · 4.40% → 4.50% ▲ 0.10 pts · high 4.50% / low 4.40% Oct 26, 20264.50%▲ from 4.40% Oct 14, 20264.40%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
Certificate of Deposit - 24 months	-	-	4.50%	24 months
Min Balance $2,500 Last Updated 11/05/2026 Rate History 1 change since Oct 14, 2026 · 4.40% → 4.50% ▲ 0.10 pts · high 4.50% / low 4.40% Oct 26, 20264.50%▲ from 4.40% Oct 14, 20264.40%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
Certificate of Deposit - 30 months	-	-	4.50%	30 months
Min Balance $2,500 Last Updated 11/05/2026 Rate History 1 change since Oct 14, 2026 · 4.40% → 4.50% ▲ 0.10 pts · high 4.50% / low 4.40% Oct 26, 20264.50%▲ from 4.40% Oct 14, 20264.40%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
Certificate of Deposit - 36 months	-	-	4.60%	36 months
Min Balance $2,500 Last Updated 11/05/2026 Rate History 1 change since Oct 14, 2026 · 4.45% → 4.60% ▲ 0.15 pts · high 4.60% / low 4.45% Oct 26, 20264.60%▲ from 4.45% Oct 14, 20264.45%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
Certificate of Deposit - 6 months	-	-	3.20%	6 months
Min Balance $2,500 Last Updated 11/05/2026 Rate History No change since Oct 14, 2026 · 3.20% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
Certificate of Deposit - 9 months	-	-	3.20%	9 months
Min Balance $2,500 Last Updated 11/05/2026 Rate History No change since Oct 14, 2026 · 3.20% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
High-Yield Savings Account	-	-	4.00%
Min Balance $0 Details Balance required to obtain APY: $0 Last Updated 11/05/2026 Rate History 1 change since Sep 18, 2026 · 3.85% → 4.00% ▲ 0.15 pts · high 4.00% / low 3.85% Oct 21, 20264.00%▲ from 3.85% Sep 18, 20263.85%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
Money Market Account	-	-	3.60%
Min Balance $0 Details Balance required to obtain APY: $0 Last Updated 11/05/2026 Rate History No change since Sep 18, 2026 · 3.60% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
SmartyPig Account	3.34%	-	3.40%
Min Deposit $0 Min Balance $0 Details Advertised rates are variable, based on aggregate SmartyPig goal balances, and apply to personal accounts only Last Updated 11/05/2026 Rate History No change since Sep 18, 2026 · 3.40% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%
SmartyPig Savings Account	-	-	3.40%
Min Balance $0 Details Balance required to obtain APY: $0 Last Updated 11/05/2026 Rate History No change since Sep 18, 2026 · 3.40% APY · checked 11 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.70%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
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Financial Health History

Sallie Mae’s Texas Ratio fell from 5.38% in Q3 2023 to 4.70% in Q2 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this bank’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$28.5B	4.70%	5.0	A+
March 31, 2026	$29.5B	5.06%	5.0	A+
December 31, 2025	$29.7B	5.24%	5.0	A+
September 30, 2025	$29.6B	4.81%	5.0	A+
June 30, 2025	$29.5B	4.27%	5.0	A+
March 31, 2025	$28.9B	4.81%	5.0	A+
December 31, 2024	$30.0B	5.29%	5.0	A+
September 30, 2024	$29.9B	4.36%	5.0	A+
June 30, 2024	$28.7B	4.42%	5.0	A+
March 31, 2024	$28.3B	5.06%	5.0	A+
December 31, 2023	$29.1B	5.97%	5.0	A+
September 30, 2023	$29.2B	5.38%	5.0	A+

Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Sallie Mae is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Sallie Mae rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Sallie Mae's official website for the most current offers and terms.

Bank Profile & Overview

Bank Name Sallie Mae

Website https://www.salliemae.com

Address 175 S West Temple, Salt Lake City, UT 84101 · Salt Lake

FDIC Certificate # 58177

Regulator FDIC

Established November 28, 2005

FDIC Insurance Date November 28, 2005

Domestic Offices 1

Total Branches 1

FDIC Insured ✓ Yes, up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (98/100)

Texas Ratio

4.70%

National Average Texas Ratio

5.85%

Return on Assets (ROA)

2.7652%

Return on Equity (ROE)

27.5100%

Non-Performing Loans Ratio (NPL)

0.48%

Total Assets

$28,541,289,000

Total Deposits

$20,327,301,000

Equity Capital

$2,907,313,000

Net Income

$404,334,000

Headquarters

Salt Lake City

Total Branches and Offices

Source: FDIC — Last Updated June 30, 2026

2026 MBR Health & Safety Badge

Sallie Mae earned the Verified Healthy badge

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Average Rating

☆☆☆☆☆

Total Reviews

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Frequently Asked Questions About Sallie Mae

Does Sallie Mae offer CDs?

Yes. Sallie Mae current CD rates include its CD - 60-Month at 5.00% APY, its CD (CDs) - 60-Month at 5.00% APY and its 36-Month CD at 4.60% APY, verified by MonitorBankRates as of November 5, 2026.

Are CDs from Sallie Mae FDIC insured?

Yes. Sallie Mae is insured by the Federal Deposit Insurance Corporation (FDIC), so CDs opened there are insured up to $250,000 per depositor, per ownership category.

What is the highest CD rate at Sallie Mae?

The highest Sallie Mae CD rate is its Certificate of Deposit - 60-Month at 5.00% APY, verified by MonitorBankRates as of November 5, 2026.

What CD terms does Sallie Mae offer?

Sallie Mae CD rates are 4.50% APY for a 12 month CD, 4.50% APY for an 18 month CD, 4.50% APY for a 2 year CD, 4.60% APY for a 3 year CD and 5.00% APY for a 5 year CD, verified by MonitorBankRates as of November 5, 2026. The institution may offer other terms or specials that are not listed here, so check with Sallie Mae for its full lineup.

What is the highest savings rate at Sallie Mae?

The highest Sallie Mae savings rate is its High-Yield Savings Account at 4.00% APY, verified by MonitorBankRates as of November 5, 2026.

What is the highest money market rate at Sallie Mae?

The highest Sallie Mae money market rate is its Money Market Account at 3.60% APY, verified by MonitorBankRates as of November 5, 2026.

How many branches does Sallie Mae operate?

Sallie Mae currently maintains approximately 1 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Sallie Mae does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Sallie Mae provides members with tools to manage their accounts and build a solid financial history.

Does Sallie Mae offer online and mobile banking?

Most modern institutions like Sallie Mae provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.salliemae.com.

Are all CD rates listed on MonitorBankRates federally insured?

Most are. Banks are insured by the FDIC and most credit unions by the NCUA, up to $250,000 per depositor, per ownership category. A small number of credit unions are privately insured instead, and we label them on their pages. MonitorBankRates is not a bank or credit union; deposit insurance comes from the institution where you open the account.

I want to open a CD with an institution listed on MonitorBankRates. How do I open the account?

You open the account directly with the bank or credit union. Use the View button next to a rate to go to the institution's website, then apply online, by phone or at a branch. Confirm the current rate and terms with the institution before you deposit.

If I open a CD I found on MonitorBankRates, is my account with MonitorBankRates or the institution?

Your account is with the financial institution. MonitorBankRates is a rate comparison site; we do not open accounts, hold deposits or handle your money.

Why are some CD offers not available for me to open?

Some offers are limited to certain states or local areas, require membership or an existing account, need a minimum deposit, or were promotions that have since ended. Rates can also change after we verify them. The institution's website has the current eligibility rules.

How do Sallie Mae rates compare?

Sallie Mae's top CD rate of 5.00% APY on a 5 year CD is 70% higher than the MonitorBankRates national average of 2.93% APY for that term, and it has an A+ health rating. Sallie Mae's top rates are its 60-Months Certificate of Deposit - 60-Month at 5.00% APY, its High-Yield Savings Account at 4.00% APY and its Money Market Account at 3.60% APY, verified by MonitorBankRates on November 5, 2026.

Current Sallie Mae Rates

12-Month CD4.10%
18-Month CD4.50%
24-Month CD4.50%
36-Month CD4.60%
60-Month CD5.00%
Savings4.00%
MMA3.60%

Retrieved from our database of financial products. Rates subject to change.

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Sallie Mae Rates & Review November 2026

Brian McKay

Overall Health & Safety Grade

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Sallie Mae Texas Ratio

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Sallie Mae CD Rates

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Frequently Asked Questions About Sallie Mae

Does Sallie Mae offer CDs?

Are CDs from Sallie Mae FDIC insured?

What is the highest CD rate at Sallie Mae?

What CD terms does Sallie Mae offer?

What is the highest savings rate at Sallie Mae?

What is the highest money market rate at Sallie Mae?

How many branches does Sallie Mae operate?

Is there a first-time homebuyer program?

Are credit management and repair services offered?

Does Sallie Mae offer online and mobile banking?

Are all CD rates listed on MonitorBankRates federally insured?

I want to open a CD with an institution listed on MonitorBankRates. How do I open the account?

If I open a CD I found on MonitorBankRates, is my account with MonitorBankRates or the institution?

Why are some CD offers not available for me to open?

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