NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae, the nation’s savings, planning, and paying for college company, is reminding families that there is still time to win $500 toward any savings goal this ‘America Saves Week’ through SmartyPig’s America Saves Week Sweepstakes. SmartyPig is Sallie Mae’s free, FDIC-insured goal-based savings account with competitive interest rates of up to 1.30 percent annual percentage yield (APY).
Individuals who open a new SmartyPig account and set up a recurring deposit into a new goal, or current SmartyPig customers who set up a new recurring deposit into any goal, during “America Saves Week” (Feb. 26 – March 3) are entered automatically to win.
“Whether planning for college, a first home, a wedding, or a vacation, making a habit of saving can play an integral role in many of our life milestones,” said Greg Spadea, senior director, Sallie Mae. “It all starts with a plan, and ‘America Saves Week’ is a great reminder not only to get started but also to learn about tools, resources, and services like SmartyPig, that can help people get on the right track toward meeting those goals.”
America Saves and the American Savings Education Council coordinate “America Saves Week” as an annual opportunity to encourage individuals to assess their own saving status and persuade more people to set a goal, make a plan, and save automatically. Created in 2008, SmartyPig can help individuals do just that.
Individuals can set up a free SmartyPig account in 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 then tracking their progress. Customers may add or withdraw funds at any time. To date, Americans have saved more than $5 billion through SmartyPig.
For more information about SmartyPig’s America Saves Week Sweepstakes and for sweepstakes rules, visit SmartyPig.com. No purchase necessary. Void where prohibited by law. Odds of winning depend on the number of entries received. Sweepstakes ends March 3, 2018.
Sallie Mae Bank, member FDIC, is a subsidiary of SLM Corporation (Nasdaq: SLM), commonly known as Sallie Mae. All Sallie Mae Bank savings products, including SmartyPig, are FDIC-insured. For more information, visit SmartyPig.com or SallieMae.com/banking.
Sallie Mae (Nasdaq: SLM) is the nation’s saving, planning, and paying for college company. Whether college is a long way off or just around the corner, Sallie Mae offers products that promote responsible personal finance, including private education loans, Upromise rewards, scholarship search, college financial planning tools, and online retail banking. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.