Sallie Mae's Money Market Account Recognized as a Top Savings Option By Kiplinger's Magazine for the

Before you go, we thought you'd like these...
Before you go close icon

Sallie Mae's Money Market Account Recognized as a Top Savings Option By Kiplinger's Magazine for the 3rdYear Running

NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae announced today its Money Market Account has been recognized for the third year in a row in the December issue of Kiplinger's Personal Finance Magazine as "the best place to stash cash." The Sallie Mae Money Market was selected for its market-leading pricing, featuring the most competitive interest rates and no monthly fees and no minimum balance requirement.

Sallie Mae's Money Market account holders earn 1.05% APY, 13 times the current national average. Sallie Mae direct banking products are FDIC-insured and include online savings accounts and Certificates of Deposit. All products are offered through Sallie Mae Bank.

Free mobile banking keeps customers informed of balances and makes it easy to manage accounts. Other features enable customers to securely deposit checks remotely, check balances, and transfer funds. A downloadable free mobile app is available for iPhone and Android customers. Account owners may also opt to receive mobile text alerts to check account balances and monitor transactions.

More information is available at

Sallie Mae (NAS: SLM) is the nation's No. 1 financial services company specializing in education. Whether college is a long way off or just around the corner, Sallie Mae turns education dreams into reality for its 25 million customers. With products and services that include 529 college savings plans, Upromise rewards, scholarship search tools, education loans, insurance, and online banking, Sallie Mae offers solutions that help families save, plan, and pay for college. Sallie Mae also provides financial services to hundreds of college campuses as well as to federal and state governments. Learn more at Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.


Sallie Mae:
Debby Hohler, 617-454-6741

KEYWORDS:   United States  North America  Delaware


The article Sallie Mae's Money Market Account Recognized as a Top Savings Option By Kiplinger's Magazine for the 3rd Year Running originally appeared on

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners