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Sallie Mae Bank Credit Cards

We found 3 Sallie Mae Bank credit cards. Read on to get more insights.

Sallie Mae Bank
4.23
By Hanna Volkava
Updated April 01, 2024
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Sallie Mae Bank Evolveâ„ 

Evolveâ„  Sallie Mae Bank
Annual fee:
$0
Regular APR:
17.99% - 29.99% Variable
Our Rating:
4.8
scorer
Credit score
Good to Excellent (670-799)
  • Rewards Rate:
    • 2% Cash Back on your two highest-spending eligible categories per month.
    • 1.5% Cash Back on everything else.
  • Intro Offer:
    • $200 Earn a $200 cash back reward after you spend $1,000 in the first 3 months.
  • Purchase Intro APR:
    0% Introductory APR for 15 months from date of account opening
  • Balance Transfer APR:
    17.99% - 29.99% Variable
  • Issuer name:
    Sallie Mae Bank
  • Details:

    The Sallie Mae Evolveâ„  card offers 2% Cash Back on your two highest-spending eligible categories per month and 1.5% Cash Back on all purchases. Plus, earn a $200 Cash Back reward after you spend $1,000 in the first 3 months.

    The card offers 0% purchase and balance transfer APR for 15 months, then 17.99% - 29.99% (Variable APR).

    The Sallie Mae Evolveâ„  card has no annual fee.

  • Pros:
    • 0% Introductory APR for purchases and balance transfers
    • $0 Annual fee
    • Increased cash back in 2 categories
  • Cons:
    • Foreign Transaction Fees
    • High credit score requirements
  • Benefits:
    • $200 Cash Back reward;
    • 2% Cash Back;
    • 1.5% Cash Back on all purchases;
    • 25% on Сash Back rewards;
    • $0 liability;
    • Digital Wallets;
    • Cell Phone Protection.
View all Evolveâ„  details
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Card detail

Sallie Mae Bank Accelerateâ„ 

Sallie Mae Bank Accelerateâ„ 
Annual fee:
$0
Regular APR:
17.99% - 29.99% Variable
Our Rating:
3.92
scorer
Credit score
No Credit History to Poor (0-579)
  • Rewards Rate:
    • 1.5% Cash Back on every purchase (up to 2% when you redeem rewards toward student loans).
  • Intro Offer:
    • 200% Cash Back reward after you spend $1,000 in the first 3 months.
  • Purchase Intro APR:
    0% Introductory APR for 15 months from date of account opening
  • Balance Transfer APR:
    17.99% - 29.99% Variable
  • Issuer name:
    Sallie Mae Bank
  • Details:

    The Sallie Mae Accelerateâ„  Credit Card offers unlimited 1.25% Cash Back on all purchases (up to 2% when you redeem rewards toward student loans). Plus, earn a $200 Cash Back reward after you spend $1,000 in the first 3 month.

    The Sallie Mae Accelerateâ„  Card has no annual fee. The Card has a 0% introductory APR on purchases and balance transfers for the first 15 months. After that, your APR will be 17.99% - 29.99% (Variable).

  • Pros:
    • No Annual Fee
  • Cons:
    • Foreign Transaction Fee
  • Benefits:
    • $200 Cash Back reward after you spend $1,000 in the first 3 months;
    • 1.5% Cash Back for everything else (up to 2% when you redeem rewards toward student loans);
    • Digital wallets;
    • Cell phone protection;
    • $0 liability.
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Card detail

Sallie Mae Bank Ignite℠ Mastercard®

Sallie Mae Ignite℠ Mastercard®
Annual fee:
$0
Regular APR:
17.99% - 29.99% Variable
Our Rating:
3.11
scorer
Credit score
No Credit History to Poor (0-579)
  • Rewards Rate:
    • 1% Cash Back on all other purchases.
  • Intro Offer:
    • $50 Cash Back reward after you spend $250 in the first 3 months.
  • Purchase Intro APR:
    0% Introductory APR for 6 months from date of account opening
  • Balance Transfer APR:
    17.99% - 29.99% Variable
  • Issuer name:
    Sallie Mae Bank
  • Details:

    The Sallie Mae Ignite℠ Mastercard® Credit Card earns a $50 Cash Back reward after you spend $250 in the first 3 months. The Card offers 1% Cash Back on all other purchases. Plus, get a 25% bonus on base Cash Back rewards after six consecutive on-time payments.

    The Sallie Mae Ignite℠ Mastercard® doesn't charge an annual fee.

    The Card has a 0% introductory APR period for 6 months on purchases. In addition, there is a 0% introductory APR period for 6 months on balance transfers made within 60 days of account opening. After that, the variable APR is 17.99% - 29.99%.

  • Pros:
    • No Annual Fee
    • Intro APR period
  • Cons:
    • Foreign Transaction Fee
  • Benefits:
    • $50 Cash Back reward (after you spend $250 in the first 3 months);
    • 25% bonus on base Cash Back rewards (after six consecutive on-time payments);
    • 1% Cash Back on all other purchases;
    • Digital wallets;
    • Cell phone protection;
    • $0 liability on unauthorized charges.
View all Ignite℠ Mastercard® details
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Card detail

How to Choose the Right Sallie Mae Bank Credit Card?

Sometimes, choosing the best credit card from a specific credit card company is quite hard. Considering Sallie Mae Bank, there are three steps that will help you.

First and foremost, you should figure out your current credit score. It varies from "Poor” to “Excellent”, and the higher your score is, the better Sallie Mae Bank options of credit cards are available to you.

Then, you have to decide on why you need a Sallie Mae Bank credit card and determine the most crucial aspects your potential credit card must have. If you want a credit card to increase your credit, then look for those with large grace period and no annual fee. If your goal is to avoid spending money on interest, Sallie Mae Bank credit cards with the lowest interest and introductory rates are your option. In case you need a credit card with cash, points, or miles rewards, pay attention to the rewards program the Sallie Mae Bank offers.

As a third step, you should compare the Sallie Mae Bank credit cards you think are the best for you, but weighing in all the aspects. Overall, the best credit card meet the following characteristics: near-zero annual percentage rate (APR), low fees, extended credit limit, and great rewards and sign-up bonuses. You can easily compare Sallie Mae Bank credit cards in the table below.

Side-by-Side Comparison of Sallie Mae Bank Credit Cards

Card Name APR Annual fee Rewards Intro offer
Evolveâ„  17.99% - 29.99% Variable $0
  • 2% Cash Back on your two highest-spending eligible categories per month.
  • 1.5% Cash Back on everything else.
  • $200 Earn a $200 cash back reward after you spend $1,000 in the first 3 months.
    • Accelerateâ„  17.99% - 29.99% Variable $0
  • 1.5% Cash Back on every purchase (up to 2% when you redeem rewards toward student loans).
  • 200% Cash Back reward after you spend $1,000 in the first 3 months.
    • Igniteâ„  Mastercard® 17.99% - 29.99% Variable $0
  • 1% Cash Back on all other purchases.
  • $50 Cash Back reward after you spend $250 in the first 3 months.

    • Conclusion

    Today, Sallie Mae Bank has a range of credit cards with numerous options, yet it’s important to find the best one for you.

    Hanna VolkavaHanna Volkava

    Financial and product expert

    hv@myfin.us

    Credit cards in other banks