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. An Excessive Transaction Fee applies for each transaction that exceeds the limit, but 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, any 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.
Based on Bankrate.com's 2016 Passbook & Statement Savings Study, as of 10/12/2016. The terms and conditions of the Sallie Mae Money Market Account may be different than the savings accounts compiled by Bankrate.com.
Annual Percentage Yield (APY) for the Sallie Mae Money Market Account is variable and may change after account opening, apply to personal accounts only, and is accurate as of 02/24/2017. Fees could reduce earnings. Please refer to the Account Terms and Conditions Agreement for details.
Deposit products are offered through Sallie Mae Bank, Member FDIC.
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