APY Ledger rate-source excerpt. APY Ledger is an independent rate tracker, not affiliated with this institution.
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Source: https://www.salliemae.com/savings/rate-table/
Read: 2026-10-22T05:14:16.000Z

Product name | Minimum balance to open account | Balance required to obtain APY | Interest rate | Annual Percentage Yield (APY)
Money Market Account Open an account | $0 | $0 | 3.54% | 3.60% APY footnote 1
SmartyPig Account Open an account | $0 | $0.01 – $2,500 | 3.34% | 3.40% APY footnote 2
| $0 | $2,500.01 – $10,000 | 3.34% | 3.40% APY footnote 2
| $0 | $10,000.01 – $50,000 | 3.34% | 3.40% APY footnote 2
| $0 | $50,000.01+ | 3.34% | 3.40% APY footnote 2
High-Yield Savings Account Open an account | $0 | $0 | 3.92% | 4.00% APY footnote 3
Term | Minimum balance to open account | Balance required to obtain APY | Interest rate | Annual Percentage Yield (APY)
6 months | $2,500 | $2,500 | 3.15% | 3.20% APY footnote 4
9 months | $2,500 | $2,500 | 3.15% | 3.20% APY footnote 4
11 months | $2,500 | $2,500 | 4.02% | 4.10% APY footnote 4
12 months | $2,500 | $2,500 | 4.40% | 4.50% APY footnote 4
13 months | $2,500 | $2,500 | 4.40% | 4.50% APY footnote 4
15 months | $2,500 | $2,500 | 4.40% | 4.50% APY footnote 4
18 months | $2,500 | $2,500 | 4.40% | 4.50% APY footnote 4
24 months | $2,500 | $2,500 | 4.40% | 4.50% APY footnote 4
30 months | $2,500 | $2,500 | 4.40% | 4.50% APY footnote 4
36 months | $2,500 | $2,500 | 4.50% | 4.60% APY footnote 4
60 months | $2,500 | $2,500 | 4.64% | 4.75% APY footnote 4
1. Advertised Interest Rate and Annual Percentage Yield (APY) for the Sallie Mae Money Market Account are variable and may change after account opening, applies to personal accounts only, and are accurate as of 10/22/2026. Fees could reduce earnings. Please refer to the Account Terms and Conditions Agreement for details.
2. Advertised Interest Rates and Annual Percentage Yields (APY) for the SmartyPig Account are variable and may change after account opening, are based on your aggregate account balance on all your SmartyPig goals (including your Primary Account) plus your month to date accrued interest which may not have yet posted to your account, apply to personal accounts only, and are accurate as of 10/22/2026. The ongoing APYs and Interest Rates associated with different account balances are: If your daily balance is more than $0 but $2,500 or less the interest rate paid on the entire balance in your account will be 3.34% with an annual percentage yield of 3.40%. If your daily balance is more than $2,500 but $10,000 or less the interest rate paid on the entire balance in your account will be 3.34% with an annual percentage yield of 3.40%. If your daily balance is more than $10,000 but $50,000 or less the interest rate paid on the entire balance in your account will be 3.34% with an annual percentage yield of 3.40%. If your daily balance is more than $50,000 the interest rate paid on the entire balance in your account will be 3.34% with an annual percentage yield of 3.40%. Please refer to the SmartyPig Account Terms and Conditions Agreement for details.
3. Advertised Interest Rate and Annual Percentage Yield (APY) for the Sallie Mae High-Yield Savings Account are variable and may change after account opening, applies to personal accounts only, and are accurate as of 10/22/2026. Fees could reduce earnings. Please refer to the Account Terms and Conditions Agreement for details.
4. Advertised Interest Rate and Annual Percentage Yield (APY) for Certificates of Deposit may change after maturity, applies to personal accounts only, and are accurate as of 10/22/2026. A penalty may be charged for early withdrawal. Fees could reduce earnings. Please refer to the Account Terms and Conditions Agreement for details.