American Express High Yield Savings vs Sallie Mae SmartyPig Savings
Side by side on the numbers that decide it. The money8020 Score already weighs these — this is the receipts.
money8020 pick AE American Express High Yield Savings American Express National Bank 84/100 | SM Sallie Mae SmartyPig Savings Sallie Mae Bank 84/100 | |
|---|---|---|
| Tier | Strong | Strong |
| APY | 3.10% | 3.85% |
| Monthly fee | $0 | $0 |
| Minimum balance | $0 | Yes |
| FDIC insured | Yes | — |
| Annual fee | — | — |
| Best for | Existing American Express customers who want savings in one place | Savers chasing a top-of-market APY |
| View profile | View profile |
Which should you choose: the American Express High Yield Savings or the Sallie Mae SmartyPig Savings?
The American Express High Yield Savings and the Sallie Mae SmartyPig Savings score evenly at 84/100 in our ranking, so the better choice comes down to fit. Lean to the Sallie Mae SmartyPig Savings if savers chasing a top-of-market APY; otherwise the American Express High Yield Savings is the safer default.
On aPY, the American Express High Yield Savings shows 3.10% versus the Sallie Mae SmartyPig Savings's 3.85%. On minimum balance, the American Express High Yield Savings shows $0 versus the Sallie Mae SmartyPig Savings's Yes. Both figures are reflected in the money8020 score above; confirm current terms with each provider before deciding. This is not financial advice.
American Express High Yield Savings vs Sallie Mae SmartyPig Savings: FAQ
Is the American Express High Yield Savings or the Sallie Mae SmartyPig Savings better?
The two score evenly at 84/100 in our ranking, so the right pick depends on your situation — the Sallie Mae SmartyPig Savings fits if savers chasing a top-of-market APY, otherwise the American Express High Yield Savings is a safe default.
What is the main difference between the American Express High Yield Savings and the Sallie Mae SmartyPig Savings?
On aPY, the American Express High Yield Savings offers 3.10% while the Sallie Mae SmartyPig Savings offers 3.85%. Review the full table above and confirm current terms with each provider. This is not financial advice.