I just learned about MoneyAisle, a new approach to saving money. In the past we’ve been able to apply for mortgages under the slogan of “When banks compete, you win” but now you can get banks to bid to give you higher interest rates for saving accounts and CDs.
Check out the ‘How It Works‘ page on MoneyAisle for more information about how it works.
You can do a live auction to test it yourself, without registering. I ran an auction and was impressed by the results. Pretty cool.
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Great post… good information. Thanks.
Amanda