Rate checked November 1, 2026
Sallie Mae Bank 5-year CD rate: 5.00% APY
Sallie Mae Bank's 5-year CD pays 5.00% APY. That is the highest of the 62 banks we track for this term. No bank we track pays more for this term today.
What it earns on $25,000
At 5.00%, $25,000 earns about $1,250 in the first year.
This is the top rate for the term, so there is no gap to close.
The middle 5-year rate across 62 banks is 3.00%. Figures are first-year interest at the quoted APY, before taxes.
Sallie Mae Bank CD rates for other terms
Questions
What is Sallie Mae Bank's 5-year CD rate?
Sallie Mae Bank pays 5.00% APY on its 5-year CD, based on its own rate page when we last checked. That earns about $1,250 a year on $25,000.
Is Sallie Mae Bank's 5-year CD rate good?
Yes. It is the highest 5-year CD rate among the 62 banks we track. The middle rate for this term is 3.00%.
Which banks pay more than Sallie Mae Bank on a 5-year CD?
None of the banks we track pays more for this term today.
General information only. Rates change often; confirm the rate, minimum deposit and early withdrawal penalty with the bank before you open a CD. SwitchWize is not a bank and does not give financial advice.