Sallie Mae 2026 Review

Mika L.
Written by Mika L.
Financial Content Writer

Sallie Mae4.7/5

Rate (APY)
4.00% APY
Term
5 years
Minimum Deposit
$2,500
Promotion
N/A
Apply Now →on Sallie Mae's website

Sallie Mae stands out as the top choice because it offers a competitive 4.00% APY for a 5-year CD, making it an attractive option for savers looking to maximize their returns over a longer term.

Pros:

  • Competitive APY
  • Automatic renewal

Cons:

  • Higher minimum deposit

In conclusion, Sallie Mae is an excellent choice for those looking to lock in a competitive 4.00% APY over a 5-year term, particularly suited for savers who can meet the minimum deposit of $2,500 and are seeking to optimize their long-term growth potential.

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Summary of all rates from our cd rate pages. Click column headers to sort.

Provider ↕Rate ↓Term ↕Min Deposit
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Marcus by Goldman Sachs4.00% APY1 year$500Learn more
Sallie Mae4.00% APY5 years$2,500Learn more
Marcus by Goldman Sachs High-Yield4.00% APY12 months$500Learn more
TAB Bank3.90% APY12 months$1,000Learn more
My Banking Direct3.80% APY6 months$2,500Learn more
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