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Capital One 360 1-Year CD vs Sallie Mae 18-Month CD

Side by side on the numbers that decide it. The money8020 Score already weighs these — this is the receipts.

money8020 pick
Capital One 360 1-Year CD
Capital One
94/100
Sallie Mae 18-Month CD
Sallie Mae Bank
93/100
TierEssentialEssential
APY3.90%4.00%
Term12 months18 months
Minimum deposit$0$2,500
FDIC insuredYesYes
Annual fee
Best forSavers who want to lock a strong 1-year rate with no minimumSavers who can lock $2,500+ for 18 months at a top rate
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Which should you choose: the Capital One 360 1-Year CD or the Sallie Mae 18-Month CD?

The Capital One 360 1-Year CD is the stronger pick of the two, with a money8020 score of 94/100 versus 93. Choose the Sallie Mae 18-Month CD instead if savers who can lock $2,500+ for 18 months at a top rate.

On aPY, the Capital One 360 1-Year CD shows 3.90% versus the Sallie Mae 18-Month CD's 4.00%. On term, the Capital One 360 1-Year CD shows 12 months versus the Sallie Mae 18-Month CD's 18 months. On minimum deposit, the Capital One 360 1-Year CD shows $0 versus the Sallie Mae 18-Month CD's $2,500. Both figures are reflected in the money8020 score above; confirm current terms with each provider before deciding. This is not financial advice.

FAQ

Capital One 360 1-Year CD vs Sallie Mae 18-Month CD: FAQ

Is the Capital One 360 1-Year CD or the Sallie Mae 18-Month CD better?

By our scoring, the Capital One 360 1-Year CD edges ahead with a money8020 score of 94/100 versus 93. The Sallie Mae 18-Month CD can still be the better fit if savers who can lock $2,500+ for 18 months at a top rate.

What is the main difference between the Capital One 360 1-Year CD and the Sallie Mae 18-Month CD?

On aPY, the Capital One 360 1-Year CD offers 3.90% while the Sallie Mae 18-Month CD offers 4.00%. Review the full table above and confirm current terms with each provider. This is not financial advice.