Sallie Mae CD Rates – Best 3 Year CD Rates
The Sallie Mae CD rates, best 3 Year CD Rates is currently at 2.30% APY. This is the rate that every deposit receives regardless of its size. The Sallie Mae financial institution has made it this way so no matter how large or small your deposit is, it can earn a decent rate. This helps many people out who do not have much of an income but still wish to do what they can to save money and look towards the future.
This is not the only CD Rates available from Sallie Mae. They also offer a 12 month CD that brings back a return of 1.55% APY. The 60 month CD has the highest rate of return at 3.00% APY. Both of these are just like the 3 year or 36 month CD has no minimum deposit requirement so investors can place what they want on deposit and still earn a return.
All of these CD’s also offer the fact that there are no hidden charges that can reduce the return of the depositor’s investment. There is a penalty for early withdraw of the deposit. This can only occur if the depositors desire it, but the charge could be all of the interest that has already been accumulated by the investment. This is dependent on when the early withdraw occurs in relationship to the term of the CD.
The APY’s stated on above were posted on the Sallie Mae website on August 16, 2010 and were still accurate as of August 31, 2010.
The current Sallie Mae CD rates, best 3 Year CD Rates is at 2.30% APY.
For additional resources about CDs on this website, please view Ally Bank Rate Review. For more information from another resource about a financial institution please view Top Florida Banks on our sister site.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.
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- Today Sallie Mae CD Rates
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- Sallie Mae Bank CD Rates September Review 2011
Tags: 3 year CD, bank cd rates, Best CD Rates, CD rate, investing, money, Sallie Mae
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