Bank · FDIC insured
Sallie Mae Savings Rates
Top CarrotSallie Mae’s best savings rate is 4.00% APY on $10,000, with its Sallie Mae High-Yield Savings Account. Rates checked October 22, 2026.
How Sallie Mae’s savings rates compare
Compared with banks and credit unions nationwide. $10,000, best rate first.
This bank’s best
Sallie Mae
4.00%APY
- Requires
- None
- Minimum
- $0
- Earns on $10,000 a year
- $400
Sallie Mae High-Yield Savings Account
Top rate
NET Credit Union
6.00%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $600
2nd-highest rate
Westerra Credit Union
6.00%APY
- Requires
- Another account
- Minimum
- —
- Earns on $10,000 a year
- $600
Sallie Mae savings score
98
Savings score
Higher than 99% of U.S. banks and credit unions
- $1,000 balance$1,0004.00%
- $10,000 balance$10,0004.00%
- $100,000 balance$100,0004.00%
- QualifiedQualified4.00%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Sallie Mae ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Sallie Mae High-Yield Savings Account
4.00%APY
Personal accounts only; variable rate compounded daily and paid monthly. Requires valid personal info, US address and online application. Account must be funded within 40 days of opening.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceVariable rate; compounded daily and paid/credited monthly.Any balance | 4.00% | $400 | Variable rate; compounded daily and paid/credited monthly. |
Sallie Mae Money Market Account
3.60%APY
Applies to personal accounts only. Variable rate may change after account opening. Interest is compounded daily and credited/paid monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceApplies to personal accounts only. Variable rate may change after account opening. Interest is compounded daily and credited/paid monthly.Any balance | 3.60% | $360 | Applies to personal accounts only. Variable rate may change after account opening. Interest is compounded daily and credited/paid monthly. |
Sources (4)
- salliemae.com/savings
- salliemae.com/savings/money-market-account
- salliemae.com/savings/terms/rd
- salliemae.com/savings/rate-table
All captured Oct 22, 2026
SmartyPig Savings Account
3.40%APY
Online goal-based savings account for personal accounts only. Interest is calculated based on aggregate balance across all SmartyPig goals plus month-to-date accrued interest.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $2,500Rate paid on entire balance if daily balance is more than $0 but $2,500 or less. | 3.40% | — | Rate paid on entire balance if daily balance is more than $0 but $2,500 or less. |
| $2,500 – $10,000Rate paid on entire balance if daily balance is more than $2,500 but $10,000 or less. | 3.40% | $340 | Rate paid on entire balance if daily balance is more than $2,500 but $10,000 or less. |
| $10,000 – $50,000Rate paid on entire balance if daily balance is more than $10,000 but $50,000 or less. | 3.40% | — | Rate paid on entire balance if daily balance is more than $10,000 but $50,000 or less. |
| Over $50,000Rate paid on entire balance if daily balance is more than $50,000. | 3.40% | — | Rate paid on entire balance if daily balance is more than $50,000. |
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.