Sallie Mae (Accelerate and Evolve) Credit Cards: $200 Credit Card Bonuses

Update 8/15/22: The old links weren’t working for a while. Added new public links for these $200 bonuses. (ht Avi)

The Offer

Direct links to offers: Accelerate and Evolve

  • Sallie Mae are offering a $200 credit card bonus after $1,000 in spend within the first 3 months.

Our Verdict

These cards were launched in late 2019, the cards are issued by Sallie Mae Bank. I have no idea how difficult they are to get approved for because applying didn’t really make any sense before. Neither card has an annual fee. This is a pretty good cash sign up bonus, if it’s easy to get approved for we will add this to our list of the best credit card bonuses. Accelerate should be $266.66 if redeeming against a student loan.

Hat tip to Joel

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Evangeline WHITE
Evangeline WHITE

I received a personal invitation from Sallie Mae regarding Evolve Card. I currently have a savings account with them only and I have no student loans at all.

Looking for data points for The Evolve Credit Card…
1) what credit bureau do they pull from?
2) what are their starting credit limits?
3) do they have any special approval rules like Chase, Barks, or Citi?
4) minimum credit score needed
5) having a personal invitation, does that guarantee an instant approval?

Monnu
Monnu

Went pending….as good as no

Woori
Woori

10/24 – Denied. “Too many bankcard accounts opened in the last 24 months”

Kevin
Kevin

Went to the landing page and the bonus is mentioned but the only button is to enter personal offer code. Does this mean this deal is now ONLY targeted and dead to non-TARGETED people?

Kevin
Kevin

Thanks for updating the page with fresh links. They work now! Is it possible to get both cards or should I do one and wait a few months to do the other? How long is a safe wait period?

Jasmine
Jasmine

I don’t see the spending bonus on the linked page anymore. Is this dead?

Avi
Avi

Jasmine Bonuses are still available via this landing page: https://www.salliemae.com/credit-cards/

Liz
Liz

How do I get a personal offer code?

brad
brad

how churnable is this?

Harold
Harold

I finally got the bonus. I was happy to see that there was an option to redeem it into my checking account.

Emilia
Emilia

Met spend 5 days before third statement in December, bonus rewards posted on fourth statement (January), requires mobile app to view up-to-date rewards balance and redemption options.

Ryan Michael Bednarski

Nice, this is a good data point. Thank you

Jay
Jay

Got approved in October, met spend months ago, still no $200 bonus.

Ryan Michael Bednarski

have you tried contacting customer support?

Jessica
Jessica

It takes two statements but you will definitely get it.

Ryan Michael Bednarski

I am 3 statements in and being told I should expect the bonus to post March 12th

Casey
Casey

Can the bonus be used to pay down student loans with any servicer, or only loans from Sallie Mae?