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Sallie Mae Accelerate Card card

Sallie Mae Accelerate Card

By the Best Credit Cards Guide editorial team · Information from the original card page, updated May 28, 2025

    Annual fee
    None
    Recommended credit
    Poor / No Credit Required
    Intro purchase APR
    0% for 15 months from account opening date
    Apply Now for Sallie Mae Accelerate Card (opens in a new tab)Compare this card
    Check before you apply: the rates, fees and offers on this page are as listed on the original card page (updated May 28, 2025) and may have changed. Confirm current terms on the issuer’s website. Best Credit Cards Guide may be compensated by some issuers; see our Advertiser Disclosure.

    At a glance

    The Sallie Mae Accelerate? Credit Card, designed for recent college graduates, stands out from other cash back cards because it’s the only credit card currently on the market that will reward you with a bonus when you use it to pay down a student loan. Earn 1.25% cash back on all purchases while you build your credit, along with no annual fee and a generous introductory APR offer.

    Our review of the Sallie Mae Accelerate Card

    Are you a recent graduate looking for a credit card that can help you pay down student debt while earning cash back rewards? Look no further than the Sallie Mae Accelerate℠ Credit Card. With unlimited 1.25% cash back on all purchases, a generous introductory APR on purchases of 0% for the first 12 months, and no annual fee, this card is a great option for recent grads.

    But that’s not all – the Sallie Mae Accelerate℠ Card also offers a 25% cash bonus on any cash back rewards used to pay down student debt, making it a unique and valuable option for those looking to manage their finances responsibly. Plus, when you pay your monthly cell phone bill with this card, you’ll receive up to $600 per claim in cell phone protection.

    With convenient tools like their mobile app, which allows you to easily manage your account, pay bills, view transactions, set up alerts, and more, Sallie Mae makes it easy to stay on top of your finances. And with features like the ability to pause your card in case it’s lost or stolen, and access to your FICO score, this card is designed to help you reach your financial goals.

    If you’re a recent graduate looking for a credit card that can help you build credit, earn rewards, and manage your finances responsibly, the Sallie Mae Accelerate℠ Credit Card is definitely worth considering. Apply today and start accelerating towards your financial goals.

    Card features

    Benefits as listed on the original card page. They can change; confirm details with the issuer.

    • No annual fee
    • Earn unlimited 1.25% cash back on every purchase, every day
    • Earn a 25% bonus on any cash back rewards used to pay down student loans
    • 0% introductory APR on purchases for 15 months from account opening

    Who this card may suit

    • You want to earn unlimited 1% cash back on all purchases and a cash back bonus for responsible financial behavior
    • You don’t want to pay an annual fee
    • You will take advantage of an introductory APR of 0% for 15 months after account opening
    • You are a student, or someone looking to build their credit history

    Rates, fees and terms

    Rates, fees and terms as listed on the original card page (updated May 28, 2025). Confirm current terms on the issuer’s site.
    Annual FeeNone
    Intro Purchase APR0% for 15 months from account opening date
    Regular Purchase APR17.99% to 29.99% variable based on creditworthiness and the Prime Rate
    Intro Balance Transfer APR0% for 15 months from account opening date
    Balance Transfer APR17.99% to 29.99% variable based on creditworthiness and the Prime Rate
    Balance Transfer Transaction FeeEither $5 or 3% of the amount of each transfer, whichever is greater
    Cash Advance APR29.99% variable based on the Prime Rate
    Cash Advance Transaction FeeEither $10 or 5% of the amount of each cash advance, whichever is greater
    Foreign Transaction Fee3% of the transaction amount in U.S. dollars
    Late Payment Penalty FeeUp to $39
    Return Payment Penalty FeeUp to $39

    Confirm before you apply: rates, fees and offers change often. The figures above are the ones listed on the original card page, not a current quote from the issuer. APRs are typically variable, and the rate you receive depends on your creditworthiness. Recommended credit: Poor Credit Limited or No Credit.

    Apply Now for Sallie Mae Accelerate Card (opens in a new tab)View issuer terms for Sallie Mae Accelerate Card (opens in a new tab)

    Sallie Mae Accelerate Card

    Apply Now for Sallie Mae Accelerate Card (opens in a new tab)

    You will leave this site for the issuer’s page. Confirm current terms there.

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