Banks bid for your business
December 7th, 2008
I stumbled across a new website called Money Aisle http://www.moneyaisle.com/. Money Aisle is a live auction site where banks bid for your banking business. Money Aisle is a site for consumers looking for the highest rate on CD’s and savings accounts. It seems pretty simple to use. You enter your state pf residence and deposit amount. The minimum deposit is $100. Member banks bid by offering higher interest rates for your business. The winning bank is the one that offers the highest interest rate. Money aisle then puts you in contact with the winning bank. I have never used the site so I can’t speak for its results. It is something that I may be interested in trying out to see how it works.
Thanks for the info