Newark, Delaware — (BUSINESS WIRE) — Sallie Mae has put saving for any financial goal at your fingertips with its new SmartyPig app. Available on both Apple and Android devices, the new SmartyPig app helps account holders easily set new savings goals, make deposits and withdrawals, and manage their accounts – all from their mobile device.
SmartyPig is Sallie Mae’s free, FDIC-insured, goal-based savings account with competitive interest rates of up to 1.25 percent APY. Setting up an account takes only a few minutes; then it’s as simple as creating one or more goals, saving toward them using automatic monthly or biweekly contributions or individual deposits, and tracking your progress. You may add or withdraw funds at any time.
To date, more than $5 billion has been saved by individuals and families through SmartyPig.
Additional enhancements to the app are already in the works, including the ability to refer a friend and earn rewards, set-up an automatic savings plan or emergency fund in one-click, and receive goal recommendations.
In addition to SmartyPig, Sallie Mae provides a variety of savings products, including money market accounts, certificates of deposit, and high-yield savings accounts. Sallie Mae Bank, member FDIC, is a subsidiary of Sallie Mae. All Sallie Mae Bank savings products, including SmartyPig, are FDIC-insured.
For more information, visit SmartyPig.com.
Contacts
Chris Morrison
302.391.5077
christopher.morrison@salliemae.com
