APY Ledger

Sallie Mae Bank CD Rates — October 2026

Also known as Sallie Mae.

As of October 22, 2026, Sallie Mae Bank's highest CD rate is 4.75% APY on a 60-month CD ($2,500 minimum). That is 3.4 times the FDIC national average for 60-month CDs (1.41%). Standard CD rates range from 3.20% to 4.75% APY.

Last verified from www.salliemae.com · FDIC-insured bank · Salt Lake City, UT

Tracking began .

Best APY4.75%60 months, $2,500 min
vs. Treasury−0.26%same-term Treasury 5.01%
vs. national average3.4×FDIC national average 1.41%
After inflation1.01%CPI 3.7% year over year
$10,000 earns$2,612over 60 months, before tax

Sallie Mae Bank CD rates

Available online to U.S. residents in every state.

Sallie Mae Bank CD rates
TermProductMinimumAPYvs. Treasury
6 months Certificate of Deposit (CD) $2,500 3.20%Verified October 22, 2026 −1.20%
9 months Certificate of Deposit (CD) $2,500 3.20%Verified October 22, 2026 −1.28%
11 months Certificate of Deposit (CD) $2,500 4.10%Verified October 22, 2026 −0.44%
12 months Certificate of Deposit (CD) $2,500 4.50%Verified October 22, 2026 −0.07%
13 months Certificate of Deposit (CD) $2,500 4.50%Verified October 22, 2026 −0.10%
15 months Certificate of Deposit (CD) $2,500 4.50%Verified October 22, 2026 −0.15%
18 months Certificate of Deposit (CD) $2,500 4.50%Verified October 22, 2026 −0.22%
24 months Certificate of Deposit (CD) $2,500 4.50%Verified October 22, 2026 −0.37%
30 months Certificate of Deposit (CD) $2,500 4.50%Verified October 22, 2026 −0.41%
36 months Certificate of Deposit (CD) $2,500 4.60%Verified October 22, 2026 −0.35%
60 months Certificate of Deposit (CD) $2,500 4.75%Verified October 22, 2026 −0.26%

APY = annual percentage yield. "vs. Treasury" compares each APY with the Treasury yield for the same term on 2026-10-21 (converted to APY). Treasury interest is exempt from state income tax; see the T-bill vs. CD calculator.

What are Sallie Mae Bank's best CD rates by term?

Sallie Mae Bank's best rate is 4.75% APY on 60 months, verified October 22, 2026.

  1. 6 mo3.20%
  2. 9 mo3.20%
  3. 11 mo4.10%
  4. 12 mo4.50%
  5. 13 mo4.50%
  6. 15 mo4.50%
  7. 18 mo4.50%
  8. 24 mo4.50%
  9. 30 mo4.50%
  10. 36 mo4.60%
  11. 60 mo4.75%

Calculate earnings at 4.75% for 60 months

How Sallie Mae Bank compares

  • Best 5-year rate among the institutions we track: Popular Direct at 5.00% APY.
  • Popular Direct: best 5.00% APY on 60 months.
  • Barclays: best 4.75% APY on 24 months.
  • Capital One: best 4.40% APY on 11 months.
  • 5-year Treasury: 5.01% APY-equivalent.

Rate changes

No changes since we started tracking Sallie Mae Bank on October 22, 2026.

About Sallie Mae Bank

Legal name
Sallie Mae Bank
Regulator ID
FDIC 58177
Headquarters
Salt Lake City, UT
Available in
All states (online)
Total assets
$28.5 billion
Also known as
Sallie Mae
Website
www.salliemae.com

Source: rates read from https://www.salliemae.com/savings/rate-table/. See the page text we read.

Frequently asked questions

What is the highest CD rate at Sallie Mae Bank?

4.75% APY on a 60-month CD, as of October 22, 2026.

What is the minimum deposit for a Sallie Mae Bank CD?

The lowest minimum we found is $2,500.

How does Sallie Mae Bank's best CD rate compare with Treasury yields?

4.75% APY is −0.26% versus the 60-month Treasury yield of 5.01% (APY-equivalent) on 2026-10-21. Treasury interest is also exempt from state income tax.

Is 4.75% a good CD rate?

It is 3.4 times the FDIC national average for a similar term (1.41% as of 2026-10-19), which is a deposit-weighted average across all U.S. banks and credit unions. Online banks and promotional CDs often pay several times the national average.

Are Sallie Mae Bank CDs insured?

Sallie Mae Bank is an FDIC-insured bank (FDIC 58177). Deposits are insured up to $250,000 per depositor, per ownership category.

How often is this page updated?

We check Sallie Mae Bank's rate page every day. The rates above were last verified on October 22, 2026.

More bank CD rates

Rates are copied from Sallie Mae Bank's website and may change at any time. Confirm terms, minimums and eligibility with Sallie Mae Bank before opening an account. This page is not financial advice.