E*TRADE Certificate of Deposit 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.
MS E*TRADE Certificate of Deposit Morgan Stanley Private Bank, N.A. 92/100 | money8020 pick SM Sallie Mae 18-Month CD Sallie Mae Bank 93/100 | |
|---|---|---|
| Tier | Essential | Essential |
| 1-year APY | 4.10% | 4.00% |
| 3-year APY | 4.00% | 18 months |
| 5-year APY | 4.10% | $2,500 |
| Minimum deposit | $0 | Yes |
| Annual fee | — | — |
| Best for | Savers who can lock funds away for a fixed term | Savers who can lock $2,500+ for 18 months at a top rate |
| View profile | View profile |
Which should you choose: the E*TRADE Certificate of Deposit or the Sallie Mae 18-Month CD?
The Sallie Mae 18-Month CD is the stronger pick of the two, with a money8020 score of 93/100 versus 92. Choose the E*TRADE Certificate of Deposit instead if savers who can lock funds away for a fixed term.
On 1-year APY, the E*TRADE Certificate of Deposit shows 4.10% versus the Sallie Mae 18-Month CD's 4.00%. On 3-year APY, the E*TRADE Certificate of Deposit shows 4.00% versus the Sallie Mae 18-Month CD's 18 months. On 5-year APY, the E*TRADE Certificate of Deposit shows 4.10% 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.
E*TRADE Certificate of Deposit vs Sallie Mae 18-Month CD: FAQ
Is the E*TRADE Certificate of Deposit or the Sallie Mae 18-Month CD better?
By our scoring, the Sallie Mae 18-Month CD edges ahead with a money8020 score of 93/100 versus 92. The E*TRADE Certificate of Deposit can still be the better fit if savers who can lock funds away for a fixed term.
What is the main difference between the E*TRADE Certificate of Deposit and the Sallie Mae 18-Month CD?
On 1-year APY, the E*TRADE Certificate of Deposit offers 4.10% 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.