$200
After you spend $1,000 on purchases on your new card in your first 3 months of card membership.
- 1.5%Everywhere
Annual Fee
$0
Rec. Credit
Good
Sallie Mae
Sallie Mae Accelerate℠
The Sallie Mae Accelerate℠ is built for cardholders who want a simple cash back card with no annual fee and no category tracking. Its strength is straightforward everyday spending, especially if you prefer one card for most purchases rather than juggling bonus categories.
Welcome Offer
$200
Annual Fee
$0
Rec. Credit Score
Good
Good For
Simple cash back
All information about Sallie Mae Accelerate℠ has been collected independently by MaxRewards. Sallie Mae Accelerate℠ is no longer available through MaxRewards.
Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.
Overview
Is the Sallie Mae Accelerate℠ worth it?
This card is great for...
Everyday spending
Single-card use
No annual fee cash back
Yes, if your priority is simplicity. A flat 1.5% cash back rate and a $0 annual fee make this an easy card to keep, use regularly, and understand at a glance. The welcome offer is also accessible, with a modest spending requirement that fits normal household spending better than many larger bonus offers.
The tradeoff is upside. If you spend heavily in common bonus categories like groceries, dining, or travel, or if you want built-in perks beyond basic cash back, this card will feel limited. It makes the most sense for someone who values a clean, low-maintenance setup over chasing higher rewards.
MaxRewards Verdict
This is a solid fit for someone who wants uncomplicated cash back on everyday purchases with no annual fee to justify. If you are willing to manage category cards, you can likely earn more elsewhere.
Welcome Offer
$200
after you spend $1,000 on purchases on your new card in your first 3 months of card membership.
Est. Value
$200
Required Spend
$1,000
Time Frame
3 Months
Est. Value
$200
Required Spend
$1,000
Time Frame
3 Months
Earning
Rewards
Rewards here are easy to understand: you earn cash back at a flat rate on purchases, with no rotating categories or spending caps to keep track of. That makes this card easiest to judge as a simplicity play rather than a maximizer's card.
CategoryRate
Everywhere
1.5%
Eligibility
Recommended Minimum Credit
Min: Good
Poor
Fair
Good
Excellent
Good credit or higher is recommended for this card.
Credit approval is not guaranteed. Meeting the recommended credit range does not ensure approval, and applicants with lower scores may still be considered.
Pricing
Rates & Fees
Annual Fee
$0
Foreign Transaction Fee
None
Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.
Other cards from Sallie Mae
$50
After you spend $250 on purchases on your new card in your first 3 months of card membership.
- 1%Everywhere
Annual Fee
$0
Rec. Credit
Good