Sallie Mae Accelerated Credit Card
The Sallie Mae Accelerate Credit Card stands out from other cash back cards because it is the only credit card currently on the market that will reward you with a bonus when you use it to repay a student loan.
Earn 1.25% cash back on all purchases as you build your credit, with no annual fee and a generous introductory APR offer.
| Positive points | Negative points |
|---|---|
| Annual fee $ 0 | Late payment penalty fee up to $39 |
| Earn 1.25% unlimited refund on all purchases | Be of legal age to apply for this card |
Most students have not established a credit history before graduating, which can make it difficult to locate rewards cards that offer robust cash back programs.
Fortunately, Sallie Mae has launched several new credit card offerings with college students and recent graduates in mind. The Sallie Mae Accelerate credit card is designed to help recent graduates (and everyone else) pay off student debt while increasing their credit and earning great cash back rewards.
| Benefits | |
|---|---|
|
Bonus
|
25% bonus on any reward used to pay off student loans |
|
APR
|
Introductory 0% APR on purchases for 15 months |
|
Credit
|
Credit Needed Poor, no credit needed |
|
Protection
|
Cell Phone Protection |
Cell Phone Protection
Another great feature for students and recent graduates: when you pay your monthly cell phone bill with the Sallie Mae Accelerate credit card, you will receive up to $600 per request for cell phone protection. Class or is stolen, you will be covered. Click the button below and apply for your card.
Unlimited Refunds
Earn 1.25% unlimited refund on all purchases, whether it's an everyday item like your morning coffee, a lunch or a snack from the campus store, when you use your Sallie Mae Accelerate card to purchase it, you'll earn rewards. Instead of a sign-up bonus, this card comes with a generous introductory APR on 0% purchases for the first 12 months after opening your account, and there is no annual fee so new graduates can save big compared to other comparable cards.
Basic Mastercard Benefits
As a Mastercard, benefits include global emergency assistance and protection against identity theft through ID Navigator. Click the button below and apply for your card.
