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The best-performing single-molecule magnets (SMMs) have historically relied on pseudoaxial ligands delocalized across several coordinated atoms. This coordination environment has been found to elicit strong magnetic anisotropy, but lanthanide-based SMMs with low coordination numbers have remained synthetically elusive species. Here we report a cationic 4fcomplex bearing only two bis-silylamide ligands, Yb(III)[{N(SiMePh2)2}2][Al{OC(CF3)3}4], which exhibits slow relaxation of its magnetization. The combination of the bulky silylamide ligands and weakly coordinating [Al{OC(CF3)3}4]−anion provides a sterically hindered environment that suitably stabilizes the pseudotrigonal geometry necessary to elicit strong ground-state magnetic anisotropy. The resolution of the mJstates by luminescence spectroscopy is supported by ab initio calculations, which show a large ground-state splitting of approximately 1,850 cm−1. These results provide a facile route to access a bis-silylamido Yb(III) complex, and further underline the desirability of axially coordinated ligands with well-localized charges for high-performing SMMs.