Sallie Mae Bank vs. TIMBR
Compare rates, requirements, and features side-by-side to find the best option for you.
Sallie Mae Bank
High-Yield Savings Account
3.90%APYDec 10, 2025FDIC InsuredNo MinimumsShow Fine Print & Trends Hide Details
Sallie Mae Bank
High-Yield Savings Account
TIMBR
Premium Savings Account
4.40%APYDec 10, 2025FDIC InsuredLow MinimumsShow Fine Print & Trends Hide Details
TIMBR
Premium Savings Account
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
Sallie Mae Bank vs. TIMBR Savings Calculator
TIMBR earns $324.5 more than Sallie Mae Bank.
Sallie Mae Bank
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$2,370.20(11.6%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,370.20
TIMBR
Premium Savings Account
Savings Breakdown
- Interest Earned+$2,694.70(13.0%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,694.70
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Sallie Mae Bank vs. TIMBR
Why Sallie Mae Bank?
No distinct advantages found vs TIMBR.
Why TIMBR?
- ✓Higher potential APY (4.40% vs 3.90%) on all balances
— Key Feature Differences —
Better Returns at $10,000
TIMBRTIMBR's Premium Savings Account earns more on smaller deposits (approx. $440 vs $390/yr).
Better Returns at $25,000
TIMBRTIMBR's Premium Savings Account pulls ahead with larger amounts (approx. $1100 vs $975/yr).
Best for Simplicity
TIMBRTIMBR's Premium Savings Account offers 4.40% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, TIMBR's Premium Savings Account pays $50 more interest on a $10,000 balance than Sallie Mae Bank's High-Yield Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
TIMBR offers a competitive Premium Savings Account with an APY of 4.40%, making it the higher-yield option compared to Sallie Mae Bank's High-Yield Savings Account, which has an APY of 3.90%. Both accounts are online-only and have no maintenance fees, but TIMBR requires a minimum deposit of $1,000. Notably, TIMBR's account is highlighted for its simplicity, as it does not require direct deposit or bundling, unlike some other savings products. For those looking for a straightforward savings option, TIMBR stands out as the winner.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Top Market Contenders
See who beats both Sallie Mae Bank and TIMBR.
| Feature | Sallie Mae Bank | TIMBR |
|---|---|---|
| APY | 3.90% Verified: 12/10/2025 Stable (90d) | 4.40% Verified: 12/10/2025 Stable (90d) |
| Product Name | High-Yield Savings Account | Premium Savings Account |
| Minimum Deposit | $0 | $1,000 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS1.5 Android1.6 | iOS- Android- |
| BBB Rating | A+ | A+ |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Sallie Mae Bank | TIMBR |
|---|---|---|
| High-Yield Savings Account | Premium Savings Account | |
Current APY | 3.90% | 4.40% |
Trend | Stable | Stable |
Velocity (bps/mo) | -0.0 | -1.3 |
Days Since Change | 293 | 240 |
10-Month High | 3.90% | 4.55% |
10-Month Low | 3.90% | 4.40% |
Adjustments / Mo | 0.00 | 0.10 |
Volatility Score | 0.000 | 0.013 |
How to read these metrics(Click to expand)
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