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High-Yield Savings Account

Current Rate

1.25%

APY³

FAQ about High-Yield Savings Account
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Certificates of Deposit

Current Rate

3.00%

APY⁶

FAQ about Certificates of Deposit
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¹ Savings Accounts and Certificates of Deposit are offered through Sallie Mae Bank®, Member FDIC.

² National savings rate courtesy of Bankrate.com's 2009 Passbook & Statement Savings Study, as of 10/14/2009.

³ Advertised Annual Percentage Yield for the High-Yield Savings Account is subject to change after opening. APY applies to personal accounts only. APY advertised is accurate as of 3/15/2010. While the High-Yield Savings Account requires no minimum balance, you must have funds in your account in order for your account to earn the APY. Fees could reduce the earnings on the account. Please refer to the Account Terms and Conditions Agreement for full disclosures.

⁴ To be eligible for the 10% annual match on your Upromise earnings from Upromise, you must link your High-Yield Savings Account to your Upromise Account and, within 90 days of opening your High-yield Savings Account, either: (1) set up an Automatic Savings Plan with a monthly deposit of $25 or more, or (2) fund the account with $5,000 or more. Upromise will match 10% of your Upromise earnings posted as “funded” to your Upromise Account during the calendar year of January 1 through December 31. Your 10% annual match will be deposited into your High-Yield Savings Account in February of the following year provided that both accounts remain active and are in good standing at the time of transfer. Visit the FAQs to learn more. Upromise may change or terminate the 10% annual match offer at any time without notice. Other terms and conditions may apply. Upromise Accounts are not FDIC insured, carry no bank guarantee and may lose value.

⁵ Subject to a $10.00 minimum monthly transfer amount. Upromise Accounts are not FDIC insured, carry no bank guarantee and may lose value.

⁶ Advertised Annual Percentage Yields for the Certificates of Deposit are subject to change after opening. APYs apply to personal accounts only. APYs advertised are accurate as of 3/15/2010. While the Certificates of Deposit require no minimum balance, you must have funds in your account in order for your account to earn the APY. Fees could reduce the earnings on the account. Please refer to the Account Terms and Conditions Agreement for full disclosures.

SALLIE MAE AND SALLIE MAE BANK RESERVE THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES AND TERMS (INCLUDING INTEREST RATE) AT ANY TIME WITHOUT NOTICE. IF YOU ARE CONSIDERING OBTAINING A SALLIE MAE OR SALLIE MAE BANK PRODUCT, YOU SHOULD CHECK THE SALLIE MAE OR SALLIE MAE BANK WEBSITE WHEN YOU APPLY FOR THE PRODUCT FOR THE MOST UP-TO-DATE PRODUCT INFORMATION.

Sallie Mae, Sallie Mae Bank, the Sallie Mae logo, and Dream. Invest. Succeed. are registered service marks of Sallie Mae, Inc. Upromise is a registered service mark of Upromise, Inc. SLM Corporation and its subsidiaries including Sallie Mae, Inc. and Upromise, Inc. are not sponsored by or agencies of the United States.