Banking

¹ Advertised Annual Percentage Yield (APY) for the Sallie Mae Money Market Account is variable and may change after account opening, applies to personal accounts only, and is accurate as of . Fees could reduce earnings. Please refer to the Account Terms and Conditions Agreement for details.

² Federal Regulation D limits certain types of withdrawal and transfer transactions you can make from your Sallie Mae Money Market Account(s) to a maximum of six per monthly statement period per account. If you repeatedly exceed this limit, we are required to close your Account(s). In addition to the Federal Regulation D requirements, Sallie Mae Bank charges an Excessive Transaction Fee for each transaction that exceeds the limit. No more than seven Excessive Transaction Fees shall ultimately be charged per monthly statement period. Should you make more than seven Excessive Transactions during a monthly statement period, the additional Excessive Transaction Fees will be credited to you during the following monthly statement period. Please refer to the Account Terms and Conditions Agreement for details.

³ Cash rewards will post to Upromise GoalSaver Account(s) in the form of interest payments and is subject to taxable income rules. Each cash reward program is subject to individual eligibility requirements:

• 10% Match on Upromise Rewards: To be eligible for the 10% annual match on your Upromise earnings from Upromise, you must link your Upromise GoalSaver Account to your Upromise Rewards Account and either: 1. Within 90 days of opening your Upromise GoalSaver Account, make your first of at least 10 externally funded credit/deposit transactions into the Upromise GoalSaver Account and complete at least 10 externally funded credit/deposit transactions within the anniversary year or 2. Within 90 days of opening your Upromise GoalSaver Account, fund your Upromise GoalSaver Account with $5,000 or more and maintain an average daily balance of $5,000 or more during the 12 months from account opening. Should you fail to meet the requirements during the anniversary year, you will have the opportunity to become eligible for the 10% match in additional years if, by your anniversary date, you (a) link your Upromise GoalSaver Account to your Upromise Rewards Account, and (b), you either meet the $5,000 average daily balance minimum funding requirement, or you meet the 10 externally funded credit/deposit requirement in the anniversary year. If you qualify for the 10% match based on having the average daily balance of $5,000 in your Upromise GoalSaver Account, you must maintain that average balance in your Upromise GoalSaver Account for the duration of the anniversary year for which your transferred earnings will be matched. Once you complete the steps above, Upromise will match 10% of your Upromise earnings that you transfer from your Upromise Rewards Account into your Upromise GoalSaver Account during each anniversary year. Your match will be deposited into your Upromise GoalSaver Account within 60 days after your anniversary date, provided that both accounts remain active at time of transfer. Please refer to GoalSaver FAQs for additional information.
• Annual Bonus: $10 Annual Bonus will post to your Upromise GoalSaver Account within 60 days of the completion of each anniversary from the date your Upromise GoalSaver Account was opened. To be eligible for the bonus each year, you must have at least 10 deposits post to your Upromise GoalSaver Account during the previous 12 calendar months in an amount not less than $10 each deposit and your account must be in an open status at the time of bonus posting.
• Loyalty Bonus: $100 will post to your Upromise GoalSaver Account within 60 days of the completion of the 3rd year anniversary of when your Upromise GoalSaver Account was opened. To be eligible the Upromise GoalSaver Account must maintain at least $0.01 up until the day before the 3rd anniversary date, a $5,000 balance must be reached by and remain in the account on the 3rd anniversary date and the Upromise GoalSaver Account must be in an open status at the time of bonus posting.

We reserve the right to modify or discontinue features, benefits and services including cash rewards and bonuses at any time without notice. Other terms and conditions may apply. Upromise Rewards Accounts are not FDIC insured, carry no bank guarantee and may lose value. Please visit Upromise.com for most up-to-date product features.

⁴ Advertised Annual Percentage Yield (APY) for the Upromise GoalSaver Account is variable and may change after account opening, applies to personal accounts only, and is accurate as of . Fees could reduce earnings. Please refer to the Account Terms and Conditions Agreement for details.

⁵ Advertised Annual Percentage Yield (APY) for Certificates of Deposits may change after maturity, applies to personal accounts only, and is accurate as of . A penalty may be charged for early withdrawal. Fees could reduce earnings. Please refer to the Account Terms and Conditions Agreement Agreement for details.

Deposit products, including Upromise GoalSaver Accounts, are offered through Sallie Mae Bank, Member FDIC.

WE RESERVE THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE. CHECK SALLIEMAE.COM FOR THE MOST UP-TO-DATE PRODUCT INFORMATION.