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Sallie Mae 18-Month CD vs TAB Bank CD

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

money8020 pick
Sallie Mae 18-Month CD
Sallie Mae Bank
93/100
TAB Bank CD
TAB Bank (Transportation Alliance Bank)
90/100
TierEssentialEssential
APY4.00%4.00%
Term18 months4.15%
Minimum deposit$2,5004.20%
FDIC insuredYes$1,000
Annual fee
Best forSavers who can lock $2,500+ for 18 months at a top rateSavers who can lock funds away for a fixed term
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Which should you choose: the Sallie Mae 18-Month CD or the TAB Bank CD?

The Sallie Mae 18-Month CD is the stronger pick of the two, with a money8020 score of 93/100 versus 90. Choose the TAB Bank CD instead if savers who can lock funds away for a fixed term.

On term, the Sallie Mae 18-Month CD shows 18 months versus the TAB Bank CD's 4.15%. On minimum deposit, the Sallie Mae 18-Month CD shows $2,500 versus the TAB Bank CD's 4.20%. On fDIC insured, the Sallie Mae 18-Month CD shows Yes versus the TAB Bank CD's $1,000. Both figures are reflected in the money8020 score above; confirm current terms with each provider before deciding. This is not financial advice.

FAQ

Sallie Mae 18-Month CD vs TAB Bank CD: FAQ

Is the Sallie Mae 18-Month CD or the TAB Bank CD better?

By our scoring, the Sallie Mae 18-Month CD edges ahead with a money8020 score of 93/100 versus 90. The TAB Bank CD can still be the better fit if savers who can lock funds away for a fixed term.

What is the main difference between the Sallie Mae 18-Month CD and the TAB Bank CD?

On term, the Sallie Mae 18-Month CD offers 18 months while the TAB Bank CD offers 4.15%. Review the full table above and confirm current terms with each provider. This is not financial advice.