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Sallie Mae launches credit cards designed to promote financial responsibility

Sallie Mae rolled out three new credit cards designed for college students and young adults.

The credit cards are Sallie Mae Ignite, Sallie Mae Accelerate, and Sallie Mae Evolve. The three cards offer 25% bonus cashback rewards in certain situations, including for paying down student loan debt with rewards points on the Sallie Mae Accelerate card.

Sallie Mae said the cards are intended to promote and reward financial responsibility.