EverBank Performance Money Market vs Sallie Mae Money Market
Side by side on the numbers that decide it. The money8020 Score already weighs these — this is the receipts.
money8020 pick EN EverBank Performance Money Market EverBank, N.A. 85/100 | SM Sallie Mae Money Market Sallie Mae Bank 82/100 | |
|---|---|---|
| Tier | Strong | Strong |
| APY | 3.75% | 3.50% |
| Monthly fee | $0 | $0 |
| Minimum to open | $0 | $0 |
| FDIC insured | Yes | Yes |
| Annual fee | — | — |
| Best for | Savers who want a strong rate plus check or debit access | Savers who want check-writing with no minimum balance |
| View profile | View profile |
Which should you choose: the EverBank Performance Money Market or the Sallie Mae Money Market?
The EverBank Performance Money Market is the stronger pick of the two, with a money8020 score of 85/100 versus 82. Choose the Sallie Mae Money Market instead if savers who want check-writing with no minimum balance.
On aPY, the EverBank Performance Money Market shows 3.75% versus the Sallie Mae Money Market's 3.50%. Both figures are reflected in the money8020 score above; confirm current terms with each provider before deciding. This is not financial advice.
EverBank Performance Money Market vs Sallie Mae Money Market: FAQ
Is the EverBank Performance Money Market or the Sallie Mae Money Market better?
By our scoring, the EverBank Performance Money Market edges ahead with a money8020 score of 85/100 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 EverBank Performance Money Market and the Sallie Mae Money Market?
On aPY, the EverBank Performance Money Market offers 3.75% 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.