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Citizens Bank vs Sallie Mae Bank

Citizens Bank is an east Coast bank with solid deposit products to help meet goals. How does it compare to Sallie Mae Bank? Read our comparison chart below.

Citizens Bank has over 1,100 branches on the East Coast. It offers a wide range of banking products and services, as well as financial tools to keep you on track. The GoalTrack Savings program offers gift card incentives for reaching your savings goals.

While Sallie Mae Bank dates back to 1972, when it began as a servicer for federal student loans. Over the years, it transitioned into one of the most trusted leaders for private student loans. Today, Sallie Mae also offers high-yield savings products to help customers reach their financial goals.

Compare Citizens Bank with Sallie Mae Bank, side-by-side.

 Sallie Mae Bank
 Learn MoreLearn More
 

Citizens Bank

Sallie Mae Bank

SPECIAL OFFER
7-Month CD - 4.50% APY - Learn More

Read Citizens Bank Review

SPECIAL OFFER
14-Month No Penalty CD - 3.95% APY - Learn More

 

Benefits and Features

SavingsSeveral types of Savings accounts. 0.01% APY. No minimum opening deposit. $4.99 monthly maintenance fee, unless you have a minimum daily balance of $200 in your account, or have a qualifying Citizens Bank checkings account. 
CDSeveral types of CD accounts. Terms ranging from 7-14 month. 2.75% - 4.50% APY. Some APY rates may require qualifying Citizens Bank Checking Account. Minimum opening deposit $1000 for all accounts.
  • 12-Month CD - 4.10% APY
  • 11-Month CD - 4.05% APY
  • 13-Month CD - 4.05% APY
  • 9-Month CD - 4.00% APY
  • 14-Month High-Yield CD - 4.00% APY
  • 6-Month CD - 3.95% APY
  • 10-Month High-Yield CD - 3.95% APY
  • 14-Month No Penalty CD - 3.95% APY
  • 15-Month CD - 3.95% APY
  • 10-Month No Penalty CD - 3.90% APY
  • 18-Month CD - 3.80% APY
Money MarketSeveral types of Money Market accounts. 0.01% APY. No minimum opening deposit. Monthly maintenance fee of $10, unless you have a minimum daily balance of $2500. Other Money Market accounts have no monthly maintenance fee but require qualifying Citizens Bank Checking Account. 
ATMs
3,200+ ATMs across 14 states
 
Customer Service24/7 Telephone Customer Service 
IRA CDTerms ranging from 1 - 120 months. Minimum opening deposit $250. No monthly maintenance fee. 
Locations
1,100 branches in 14 states
Online only
 

CreditDonkey® Reviews

 Sallie Mae Bank
SavingsStarStarStarStarEmpty Star
CDStarStarStarEmpty StarEmpty Star
CheckingStarStarStarStarEmpty Star
Money MarketStarStarStarEmpty StarEmpty Star
Mobile AppStarStarStarHalf StarEmpty Star
Customer ServiceStarStarStarStarStar
Pros & ConsPros:
  • One Deposit Checking
  • GoalTrack Savings
  • 24/7 customer service
Cons:
  • Low APY
  • Heavy overdraft fees
  • Limited branches
Bottom LineEast Coast bank with solid deposit products to help meet goals... Read full review

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Citizens Bank: Pricing information from published website as of 11/21/2024 based on 10011 zip code.

Sallie Mae Bank: Information sourced from the published website as of 11/01/2024.

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Citizens Bank or Bank of America.


Articles on Citizens Bank

Citizens Bank Review

Are you looking for a bank that will not only keep your money, but also help push you to meet your financial goals? If so, you may want to consider Citizens Bank.

Citizens Bank High Yield Savings

Citizens has an online savings account with a competitive APY and no fees. But what's the catch? Continue reading to find out.

Citizens Bank Problems

While Citizens Bank offers easy-to-maintain checking and savings accounts, some customers didn't have the best experience. Here's why.

Which Do You Think is Best?


Which Bank Account is Right for You?


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About CreditDonkey
CreditDonkey is a bank comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

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