Wednesday, January 7, 2009

Bank Shopping Just Got Easier

I got an email complementing me on this blog and then later that same day, I was watching the FOX Business website and they were talking about the same site the email was promoting.

The site mentioned in both and that wanted me to consider discussing on this blog is a new site called, Moneyaisle.com.
According to the email that Louise Goldstein sent me,
Here’s how it works….



It’s Free, Fast and Easy. Moneyaisle.com allows consumers to compare 100’s of CD’s or high yield savings accounts for free in a couple of minutes. This exclusive patented technology allows banks to bid for consumers business. Users see the auction live with the winning rate from the auction being sent back to all the banks to see if anyone will beat it. The bidding continues pushing the offered rate higher, until the best rate for the consumer has been achieved. Once the auction has completed if the user wants to take advantage of the great rate being offered they enter their details and hit accept.




So what is this site exactly? Moneyaisle.com gives consumers the best interest rates on their saving’s and CD's. When you arrive at the website, you click on the appropriate button and you are taken to a live auction to find a small or medium sized bank in your area with the best interest rates. If you are shopping for a new bank, this is a valuable tool to hasten your search without all the running from one bank to another. The best part, it can all be done on one website to.
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go ahead share your thoughts with me now.

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