APY on $10,000

3.60%

As of Nov 8, 2026. Rates are variable.

Sallie Mae Bank · Money market account

Sallie Mae Bank Money Market Account

$360 a year on $10,000 at today’s 3.60% APY. No monthly fee. No minimum to open.

Checked Nov 8, 2026Updated

A year on $10,000
APY on $10,000
Monthly fee
To open

In dollars

What it earns in a year

Interest at the APY for each balance, minus any monthly fee you’d pay. Pick your balance; the rail’s figure follows it.

Your balance

Rates are variable; these are today’s.

Against the market

How it ranks

#3of 174 money market accounts, by a year’s value on $10,000

All 174 money market accounts, ranked

Features

  • Check writing
  • Free checks
  • Interest bearing
  • Joint accounts
  • No minimum balance
  • Online opening
  • Spending alerts

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

In the bank’s words

Terms

Rate conditions

Balance needed for the APY
$0salliemae.com, checked Nov 8, 2026
Interest compounds
daily, paid monthlysalliemae.com, checked Nov 8, 2026

Fees

Monthly fee
Nonesalliemae.com, checked Nov 8, 2026
Minimum to open
Nonesalliemae.com, checked Nov 8, 2026
Outgoing domestic wire
$20salliemae.com, checked Nov 8, 2026
Stop payment
$15salliemae.com, checked Nov 8, 2026

Who can open it

Where
Anywhere in the USsalliemae.com, checked Nov 8, 2026

FDIC-insured, up to $250,000 per depositor, per ownership category: FDIC BankFind.

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

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