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When you mention the term Sallie Mae, the first thing that comes to mind is probably student loans. While student loans are a large part of their business model, they also have a solid online savings account worth considering as a primary option, especially if you are saving money for college. That may sound ironic [...]
With the recent news of Freddie Mac and Fannie Mae being delisted from the NYSE and relegated to the OTC market, I thought it would be interesting to take a look at the four entities that share similar names. Freddie Mac, Fannie Mae, Ginnie Mae, and Sallie Mae sound very similar and while each started [...]The Maes & Macs: Freddie Mac, Fannie Mae, Ginnie Mae, and Sallie Mae from personal fin
Salle Mae Bank, which recently began offering their Sallie Mae online savings account, recently announced they were increasing their interest rate from 1.25% APY to 1.40% APY, putting it near the top of the interest rate list for high interest savings accounts. With no monthly fees, no minimum balance, daily compounding, and a competitive rate, [...]Sallie Mae Increases Interest Rate to 1.40% APY
SallieMae is rolling out a new online high-yield savings account (currently at 1.25% APY) with a unique Upromise match!This week’s Free Money Friday is another great one for all college savers! How to Get Your Upromise MatchOpen a new Sallie Mae High-Yield Savings Account and link it to your Upromise Account.Do one of the following: (1) set up an Automatic Savings Plan with a monthly deposi
Sallie Mae Bank is yet another option for our savings, and initially, I thought the yield wasn’t high enough to justify talking about it. However, with the competition all recently dropping rates, it’s time to take a look.The Standards Offering of Sallie Mae BankI don’t want to bore you with the standard fluff, as we’ve [...]

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