SmartyPig® Account

Earn more while you save for your next goal
Open an account
Already have a SmartyPig Account? Log in

SmartyPig is a free, FDIC-insured online piggy bank that helps you save for long- and short-term goals. The more you save, the more interest you'll earn with our tiered interest rates.

How SmartyPig works

Create and track goals

Set specific savings goals and deadlines for whatever you're saving for. SmartyPig makes it easy to track your progress with simple goal trackers.

Save toward your goals

Set up automatic monthly or biweekly deposits from your bank account and make deposits or withdrawals any time. With one of the highest interest rates in the country, you can reach your savings goals faster.footnote 1

What you get with SmartyPig

icon for smartypig what you get features referral rewards family group friends people denim blue svg
Referral rewards

Earn a $10footnote 2 reward for every friend you refer who opens a SmartyPig account, sets a goal, and contributes to it.

icon for smartypig what you get features no fee price tag shopping label notice
No fees

It’s free to join, save, and withdraw.

Benefits from these rates

$0.01 - $2,500
balance 

0.70% APYfootnote 1

(Annual Percentage Yield)

$2,500.01 - $10,000
balance

0.70% APYfootnote 1

(Annual Percentage Yield)

$10,000.01 - $50,000 balance

0.45% APYfootnote 1

(Annual Percentage Yield)

$50,000.01+
balance

0.45% APYfootnote 1

(Annual Percentage Yield)

Have questions about a SmartyPig Account?

Call 

877-751-6884

Our normal business hours are 9 a.m. to 6 p.m. ET Monday through Friday.

footnote SmartyPig Accounts are offered through Sallie Mae Bank, Member FDIC. 

footnote 1. Advertised Interest Rates and Annual Percentage Yields (APY) for the SmartyPig Account are variable and may change after account opening, are based on your aggregate account balance on all your SmartyPig goals (including your Primary Account) plus your month to date accrued interest which may not have yet posted to your account, apply to personal accounts only, and are accurate as of 05/05/2025. The ongoing APYs and Interest Rates associated with different account balances are: If your daily balance is more than $0 but $2,500 or less the interest rate paid on the entire balance in your account will be 0.70% with an annual percentage yield of 0.70%. If your daily balance is more than $2,500 but $10,000 or less the interest rate paid on the entire balance in your account will be 0.70% with an annual percentage yield of 0.70%. If your daily balance is more than $10,000 but $50,000 or less the interest rate paid on the entire balance in your account will be 0.45% with an annual percentage yield of 0.45%. If your daily balance is more than $50,000 the interest rate paid on the entire balance in your account will be 0.45% with an annual percentage yield of 0.45%. Please refer to the SmartyPig Account Terms and Conditions Agreement for details.

footnote 2. Current SmartyPig Accountholders can get a reward for each new valid SmartyPig Deposit Accountholder(s) referral via the Refer a Friend Program. To get the $10 reward, you must submit your friend's email address on the form provided on our website or via the link we send you, or your friend must apply using a valid Program code. Your referred friend(s) must open a SmartyPig Account and fund that Account with at least $25 within 30 days of receiving the invite. The $10 reward will be deposited into your SmartyPig Account within 90 days of completion of the requirements. Maximum of 100 referrals per Accountholder, up to $1,000. Sallie Mae reserves the right to revoke, change, or terminate this promotional offer at any time without notice. Other terms and conditions apply.

footnote SmartyPig and the SmartyPig logo are trademarks of Q2 Software Inc.

footnote SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE. CHECK SALLIEMAE.COM FOR THE MOST UP-TO-DATE PRODUCT INFORMATION.