Highest CD Rates Sallie Mae Bank CD Rates
Sallie Mae Bank, the banking arm of the student loan company Sallie Mae is advertisting some of the highest CD rates currently available from any bank or credit union. Sallie Mae Bank current 1 year bank CD rates are at 1.19% with a CD yield of 1.20%. The current national average 1 year CD rate as reported by MonitorBankRates.com is less than half that rate at 0.51%.
Find the best CD rates by searching our CD rates lists in your state or zip: Best CD Rates.
Sallie Mae's 1 year rate was tied with 1 year bank CD rates at Discover Bank but Discover recently lowered their rate to 1.14% with an APY of 1.15%, the same rate as 1 year CD rates at Ally Bank.
Sallie Mae is also advertising 36 month certificates of deposit with a current CD interest rate of 1.29% with a CD interest yield of 1.30%. 60 month certificate of deposit rates are advertised at 2.07% with a yield of 2.09%.
Sallie Mae CD Account Benefits
Opening a CD account at Sallie Mae Bank is quick and easy. For a list of current CD rates and to open an account go to: Sallie Mae CD Account Application.
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Sallie Mae Bank CD Rates: 2.00% APY 12-Month CD, 2.20% APY 15-Month CD, 2.40% APY 18-Month CD (Nationwide)