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Update on Sallie Mae Bank

Tuesday, May 11, 2010 - 7:55 PMSallie Mae Bank - Details
Sallie Mae just issued a press release on its savings account interest rate increase that occurred on May 1st. I hope this is an indication that the rate will last for a while. The 1.40% APY is very competitive for online savings accounts. The 12-month CD rate is also competitive at 1.55% APY. Another plus is the 10% annual match on your Upromise earnings. I have more details in my May 1st review.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708