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Certificates of Deposit

Sallie Mae Bank Customers

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Benefits
Rates, Terms, and Fees
A Certificate of Deposit is the worry-free way to maximize your earning power. We offer a range of terms and your rate is guaranteed.

Term

Annual Percentage Yield (APY)

12-Month

0.90% APY1
0.90% Interest Rate1

36-month

1.20% APY1
1.19% Interest Rate1

60-month

1.50% APY1
1.49% Interest Rate1

What You Get:
  • Guaranteed returns
  • No monthly fees
  • FDIC-insured peace of mind
  • $2,500 minimum deposit
How it works:
  1. Open and fund a CD to lock in your rate
  2. Watch your savings grow
  3. Choose what you'd like to do with your funds at maturity, or automatically renew

Lock in a great rate today. It takes just minutes to open an account online.

Rates

Term

Annual Percentage Yield (APY)

12-Month

0.90% APY1
0.90% Interest Rate1

36-month

1.20% APY1
1.19% Interest Rate1

60-month

1.50% APY1
1.49% Interest Rate1

Balances & Fees

Minimum Deposit

$2,500

Minimum Balance

$2,500

Monthly Fees

None

Returned Deposit Fee

$5

Paper Statement Fee

$5 per statement

Open an Account

1 Advertised Interest Rate and Annual Percentage Yield for Certificates of Deposit may change after maturity, apply to personal accounts only, and are accurate as of . A penalty may be charged for early withdrawal. Fees could reduce earnings. Please refer to the Account Terms and Conditions Agreement for details.

Deposit products are offered through Sallie Mae Bank®, Member FDIC.

The Sallie Mae logo, Sallie Mae, and Sallie Mae Bank are registered service marks of Sallie Mae, Inc.

WE RESERVE THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE. CHECK SALLIEMAE.COM FOR THE MOST UP-TO-DATE PRODUCT INFORMATION.

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