Sallie Mae Bank Ratings – Savings Account (5/5)

 Sallie Mae Bank has a solid savings account that anyone should consider if they are tired of the bank they are at now.  Sallie Mae Bank offers an APY of 1.01%, which is well above the national average.  The fees associated with the savings account are extremely reasonable, as there are no minimum balance fees or monthly fees to have to worry about.  Electronic transfers are free and up to six withdrawals per statement cycle are allowed.  All savings accounts at Sallie Mae Bank are FDIC insured up to $250,000, and interest is compounded daily and paid out monthly.  Read more at our post on Sallie Mae Savings Account

Savings Account Rating