Sallie Mae’s Money Market Account Recognized as a Top Savings Option By Kiplinger’s Magazine for the 3rd Year Running
Sallie Mae announced today its Money
Market Account has been recognized for the third year in a row in
the December issue of Kiplinger’s Personal Finance Magazine as “the
best place to stash cash.” The Sallie Mae Money Market was selected
for its market-leading pricing, featuring the most competitive interest
rates and no monthly fees and no minimum balance requirement.
Sallie Mae’s Money Market account holders earn 1.05% APY, 13 times the
current national average. Sallie Mae direct banking products are
FDIC-insured and include online savings accounts and Certificates of
Deposit. All products are offered through Sallie Mae Bank.
Free mobile banking keeps customers informed of balances and makes it
easy to manage accounts. Other features enable customers to securely
deposit checks remotely, check balances, and transfer funds. A
downloadable free mobile app is available for iPhone and Android
customers. Account owners may also opt to receive mobile text alerts to
check account balances and monitor transactions.
More information is available at www.salliemae.com/banking.
Sallie Mae (NASDAQ: SLM) is the nation’s No. 1 financial services
company specializing in education. Whether college is a long way off or
just around the corner, Sallie Mae turns education dreams into reality
for its 25 million customers. With products and services that include
529 college savings plans, Upromise rewards, scholarship search tools,
education loans, insurance, and online banking, Sallie Mae offers
solutions that help families save, plan, and pay for college. Sallie Mae
also provides financial services to hundreds of college campuses as well
as to federal and state governments. Learn more at SallieMae.com.
Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are
not sponsored by or agencies of the United States of America.
