A money market account is a great investment option for money you want to be able to access at any time.  The drawback of money markets is that they usually don’t get as good of interest rates as CDs or other investment options would.  But, with the Sallie Mae money market account, you will be guaranteed the benefits of a money market account with higher interest rates.

The Account

According to the comparison charts, the best rates being offered for money market accounts are currently around one percent, but the Sallie Mae money market account is offering even higher at 1.10% for your money. … » Read more

Sallie Mae just presented a NEW High-Yield Savings Account. At 1.10% APY, this account rises above the national average rate by not four, or five, but six times! Another factor that helps Sallie Mae stand out is the fact that they have No monthly charges or minimum balances. So, jump-starting a Sallie Mae savings account doesn’t have to be a rough start, you can begin with whatever you have. You begin earning interest as soon as deposits post to your account. Usually, electronic deposits take about 2 or 3 days, while check deposits depend on how they are delivered. Likewise, it takes 2 or 3 business days for a withdrawal from your High-Yield Savings Account to hit your linked account… » Read more