CFG Bank High-Yield Money Market vs Sallie Mae Money Market
Side by side on the numbers that decide it. The Money 8020 Score already weighs these — this is the receipts.
Money 8020 pick CB CFG Bank High-Yield Money Market CFG Bank 93/100 | SM Sallie Mae Money Market Sallie Mae Bank 82/100 | |
|---|---|---|
| Tier | Essential | Strong |
| APY | 3.80% | 3.50% |
| Min. to waive fee | $1,000 | $0 |
| Monthly fee | $0 | $0 |
| FDIC insured | Yes | Yes |
| Annual fee | — | — |
| Best for | Savers chasing a top money market rate | Savers who want check-writing with no minimum balance |
| View profile | View profile |
Which should you choose: the CFG Bank High-Yield Money Market or the Sallie Mae Money Market?
The CFG Bank High-Yield Money Market is the stronger pick of the two, with a Money 8020 score of 93/100 versus 82. Choose the Sallie Mae Money Market instead if savers who want check-writing with no minimum balance.
On aPY, the CFG Bank High-Yield Money Market shows 3.80% versus the Sallie Mae Money Market's 3.50%. On min. to waive fee, the CFG Bank High-Yield Money Market shows $1,000 versus the Sallie Mae Money Market's $0. Both figures are reflected in the Money 8020 score above; confirm current terms with each provider before deciding. This is not financial advice.
CFG Bank High-Yield Money Market vs Sallie Mae Money Market: FAQ
Is the CFG Bank High-Yield Money Market or the Sallie Mae Money Market better?
By our scoring, the CFG Bank High-Yield Money Market edges ahead with a Money 8020 score of 93/100 versus 82. The Sallie Mae Money Market can still be the better fit if savers who want check-writing with no minimum balance.
What is the main difference between the CFG Bank High-Yield Money Market and the Sallie Mae Money Market?
On aPY, the CFG Bank High-Yield Money Market offers 3.80% while the Sallie Mae Money Market offers 3.50%. Review the full table above and confirm current terms with each provider. This is not financial advice.