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Sallie Mae BankMoney market accountChecked Oct 10, 2026Updated

Sallie Mae Bank Money Market Account

3.60%APY on $10,000 · as of Oct 10, 2026
A year on $10,000
$360 after fees
Monthly fee
No monthly fee
To open
No minimum to open
On our list
#4 of 152 money market accounts, by a year’s value on $10,000
Visit Sallie MaeThe bank’s own page · checked Oct 10, 2026

What it earns in a year

Interest at the APY for each balance, minus any monthly fee you’d pay. Rates are variable; these are today’s.

BalanceAPYA year, after fees
$1,0003.60%$36
$5,0003.60%$180
$10,0003.60%$360
$25,0003.60%$900
$50,0003.60%$1,800
$100,0003.60%$3,600

Rate conditions

Balance needed for the APY
$0Source · checked Oct 10, 2026
Interest compounds
Compounded daily, paid monthlySource · checked Oct 10, 2026

Fees

Monthly fee
NoneSource · checked Oct 10, 2026
Minimum to open
NoneSource · checked Oct 10, 2026
Outgoing domestic wire
$20Source · checked Oct 10, 2026
Stop payment
$15Source · checked Oct 10, 2026

Who can open it

Where
Anywhere in the USSource · checked Oct 10, 2026

Features

Automatic savingsCheck writingFree checksFree external transfersInterest bearingJoint accountsNo minimum balanceOnline openingSpending alerts

From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.

Rates and fees change; the bank’s own page is the final word. Report a mistake · How we make money