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Sallie Mae Bank Promotions

By Charles Tran
Updated May 1, 2026

10-Month No Penalty CD - 3.00% APY
3.00%

10-Month No Penalty CD - 3.00% APY

  • No fees
  • $1 minimum deposit
  • FDIC insured
14-Month No Penalty CD - 3.00% APY
3.00%

14-Month No Penalty CD - 3.00% APY

  • No fees
  • $1 minimum deposit
  • FDIC insured
10-Month High-Yield CD - 3.20% APY
3.20%

10-Month High-Yield CD - 3.20% APY

  • No fees
  • $1 minimum deposit
  • FDIC insured
14-Month High-Yield CD - 3.20% APY
3.20%

14-Month High-Yield CD - 3.20% APY

  • No fees
  • $1 minimum deposit
  • FDIC insured
Sallie Mae Bank CD Rates - Up to 3.20% APY
3.20%

Sallie Mae Bank CD Rates - Up to 3.20% APY

  • $1 minimum deposit
  • No fees
  • FDIC insured

CDAPY
10-Month High Yield CD3.20% APY
14-Month High Yield CD3.20% APY
10-Month No-Penalty CD3.00% APY
14-Month No-Penalty CD3.00% APY
Raisin

No-Penalty CD - Up to $1,500 Bonus

Expires 5/31/2026
New customers only. Earn up to a $1,500 bonus.

  1. Select a savings offer and sign up: Choose and fund at least one high-yield savings account or CD on the Raisin platform to get started. Be sure to enter bonus code FRESHSTART during sign-up to be eligible for a cash bonus.
  2. Deposit funds: The more you save, the more you can earn. Make a qualifying deposit(s) within 14 days of opening your account to set your bonus tier.
  3. Maintain your deposit(s): Maintain your deposit(s) for 90 days from your first deposit date to earn your bonus.

Deposit Cash Bonus
$10,000 - $24,999 $70
$25,000 - $49,999 $175
$50,000 - $99,999 $350
$100,000 - $199,999 $750
$200,000 or more $1,500
Raisin

High-Yield Savings Account - Up to $1,500 Bonus

Expires 5/31/2026
New customers only. Earn up to a $1,500 bonus.

  1. Select a savings offer and sign up: Choose and fund at least one high-yield savings account or CD on the Raisin platform to get started. Be sure to enter bonus code FRESHSTART during sign-up to be eligible for a cash bonus.
  2. Deposit funds: The more you save, the more you can earn. Make a qualifying deposit(s) within 14 days of opening your account to set your bonus tier.
  3. Maintain your deposit(s): Maintain your deposit(s) for 90 days from your first deposit date to earn your bonus.

Deposit Cash Bonus
$10,000 - $24,999 $70
$25,000 - $49,999 $175
$50,000 - $99,999 $350
$100,000 - $199,999 $750
$200,000 or more $1,500
Bank of America
Member FDIC

Bank of America Advantage Banking - Up to $500 Cash Offer

Expires 5/31/2026
  • The cash offer up to $500 is an online only offer and must be opened through the Bank of America promotional page.
  • The offer is for new checking customers only.
  • Offer expires 05/31/2026.
  • To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* into that new eligible account within 90 days of account opening. Your cash bonus amount will be based on the total amount of your Qualifying Direct Deposits received in the first 90 days.
    Cash BonusTotal Qualifying Direct Deposits
    $100$2,000
    $300$5,000
    $500$10,000+
  • If all requirements are met 90 days after account opening, Bank of America will attempt to deposit your bonus into your new eligible account within 60 days.
  • Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
  • Additional terms and conditions apply. See offer page for more details.
  • *A Qualifying Direct Deposit is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them.
  • Bank of America, N.A. Member FDIC.
CIT Bank
Member FDIC

CIT Bank No Penalty CD - 3.75% APY

  • Option to withdraw full balance and interest after 7 days of CD funding date
  • $1,000 minimum to open an account
  • 11 months
  • No monthly maintenance fee
  • Member FDIC
Disclosures
Raisin

No Penalty CDs

  • FDIC or NCUA insured
  • No fees
  • $1 minimum deposit
  • 24/7 online access to funds

Sallie Mae Bank CD Rates

What is Sallie Mae Bank's CD rates?
  • 13-Month CD - 4.00% APY
  • 18-Month CD - 4.00% APY
  • 60-Month CD - 4.00% APY
  • 36-Month CD - 3.95% APY
  • 30-Month CD - 3.90% APY
  • 24-Month CD - 3.85% APY
  • 12-Month CD - 3.80% APY
  • 15-Month CD - 3.80% APY
  • 11-Month CD - 3.70% APY
  • 6-Month CD - 3.20% APY
  • 9-Month CD - 3.20% APY

    Highlights

    CD
    • 13-Month CD - 4.00% APY
    • 18-Month CD - 4.00% APY
    • 60-Month CD - 4.00% APY
    • 36-Month CD - 3.95% APY
    • 30-Month CD - 3.90% APY
    • 24-Month CD - 3.85% APY
    • 12-Month CD - 3.80% APY
    • 15-Month CD - 3.80% APY
    • 11-Month CD - 3.70% APY
    • 6-Month CD - 3.20% APY
    • 9-Month CD - 3.20% APY
    Locations
    Online only

Information sourced from the published website as of 05/02/2026.

 

Sallie Mae Bank

Marcus by Goldman Sachs

 

Benefits and Features

Savings 3.50% APY. $0 to open. No fees to open or maintain account. No minimum daily balance requirement.
CD
  • 13-Month CD - 4.00% APY
  • 18-Month CD - 4.00% APY
  • 60-Month CD - 4.00% APY
  • 36-Month CD - 3.95% APY
  • 30-Month CD - 3.90% APY
  • 24-Month CD - 3.85% APY
  • 12-Month CD - 3.80% APY
  • 15-Month CD - 3.80% APY
  • 11-Month CD - 3.70% APY
  • 6-Month CD - 3.20% APY
  • 9-Month CD - 3.20% APY
3.70% to 4.05% APY. Terms of 6 months to 6 years. 12-month CD APY of 4.00%. $500 minimum to open. No monthly service fee.
Checking 
N/A
Money Market 
N/A
Mobile App 
iOS & Android
ATMs 
None
Customer Service Mon - Sat: 8 am - 10 pm ET
Sat - Sun: 9 am - 7 pm ET
Locations
Online only
Online only

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Sallie Mae Bank: Information sourced from the published website as of 05/02/2026.

Marcus: Information including rates, fees, terms, and benefits was obtained on April 21, 2026 from published websites and is believed to be accurate, but not guaranteed.

13-Month CD - 4.00% APY

18-Month CD - 4.00% APY

60-Month CD - 4.00% APY

36-Month CD - 3.95% APY

30-Month CD - 3.90% APY

24-Month CD - 3.85% APY

12-Month CD - 3.80% APY

15-Month CD - 3.80% APY

11-Month CD - 3.70% APY

Money Market Account - 3.55% APY

  • No monthly maintenance fees
  • No minimum balance requirement
  • FDIC insured

6-Month CD - 3.20% APY

9-Month CD - 3.20% APY

Certificate of Deposit

TermAPY
6 Months3.20%
9 Months3.20%
11 Months3.70%
12 Months3.80%
13 Months4.00%
15 Months3.80%
18 Months4.00%
24 Months3.85%
30 Months3.90%
36 Months3.95%
60 Months4.00%


Sallie Mae Bank Alternatives

Bank of America
Member FDIC

Bank of America Advantage Banking - Up to $500 Cash Offer

Expires 5/31/2026
  • The cash offer up to $500 is an online only offer and must be opened through the Bank of America promotional page.
  • The offer is for new checking customers only.
  • Offer expires 05/31/2026.
  • To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* into that new eligible account within 90 days of account opening. Your cash bonus amount will be based on the total amount of your Qualifying Direct Deposits received in the first 90 days.
    Cash BonusTotal Qualifying Direct Deposits
    $100$2,000
    $300$5,000
    $500$10,000+
  • If all requirements are met 90 days after account opening, Bank of America will attempt to deposit your bonus into your new eligible account within 60 days.
  • Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
  • Additional terms and conditions apply. See offer page for more details.
  • *A Qualifying Direct Deposit is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them.
  • Bank of America, N.A. Member FDIC.
CIT Bank
Member FDIC

CIT Bank Platinum Savings - 4.10% APY Boost

Expires 5/31/2026
With 6 month boost, you earn:
Tier Boost APY
Balance over $5,000 4.10%*
Balance less than $5,000 0.60%*

After boost is completed, you will continue to earn our best standard rates:

Tier APY
Balance over $5,000 3.75%1
Balance less than $5,000 0.25%1

  • Needs to use promo code to qualify: CITBoost
  • Boost lasts 6 months over standard APY
  • Tiered account
  • $100 minimum account opening
  • Member FDIC
  • No Monthly Service fees
  • No account opening fees
Disclosures
HSBC
Member FDIC

HSBC Premier - Up to $5,000

Expires 6/30/2026
It's easy. The more you fund, the more you earn.

Discover all that Premier can do for you

  • Earn our best savings rate with a Premier Relationship Savings account for an introductory period and thereafter if you qualify
  • Send money internationally, securely, quickly and fee-free in the HSBC mobile app with our award-winning HSBC Global Money Transfers
  • Enjoy peace of mind with unique travel benefits available through our credit cards

Here's how the offer works

  1. Open a Premier checking account by June 30, 2026
  2. Add your desired level of deposits and/or eligible investments within 20 days
    • Get $1,500: Deposit or invest $150,000 to $249,999
    • Get $2,500: Deposit or invest $250,000 to $499,999
    • Get $3,500: Deposit or invest $500,000 to $999,999
    • Get $5,000: Deposit or invest $1,000,000+
  3. Maintain your balances for 3 full consecutive months
  4. Remain opted-in to receive HSBC marketing emails

If all offer requirements are met, the bonus will be paid within 8 weeks.

Relay

No-Fee Business Checking

  • $0 monthly service fee
  • $0 minimum opening deposit
  • Open up to 20 individual business checking accounts
  • Earn up to 2.68% APY with automated savings
  • Issue up to 50 Visa® debit cards to your team
Banking services provided by Thread Bank, Member FDIC.
Lili

Free Checking Account for Small Business Owners

  • Sign up in 3 minutes; no credit check
  • No account fees - $0 monthly fee, overdraft fee, foreign transaction fee, or ATM fees at approximately 40,000 locations
  • Automatic Savings
  • Get paid up to 2 days early
  • Savings with up to 4.00% APY
Lili is a financial technology company, not a bank. Banking services provided by Sunrise Banks N.A., Member FDIC

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More Bank Promotions

Marcus

Marcus Online Savings - Earn 3.50% APY

Wells Fargo Promotions

Everyday Checking Account - $325 Bonus
Bank of America
Member FDIC

Bank of America Offer Code

Bank of America Advantage Banking - Up to $500 Cash Offer

About CreditDonkey
CreditDonkey is a bank comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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