Find the Best CD Interest Rates

Banks bid live for your business.

If you were to look up the CD interest rates at every financial institution, the process could take days. If you were to use a rate aggregation site to look into CD interest rates, it's possible you'd see the best rate offered, but not the best interest rate actually available. How is this?
Read more below.

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Recent National Live Auction CD Rates
for November 20, 2009

Term National Avg APY* Overnight
Auction APY†
High-Yield Savings Account Rates 0.19% 1.64%
3 Month CD Rates 0.37% 1.50%
9 Month CD Rates 0.86% 1.75%
1 Year CD Rates 0.86% 1.92%
2 Year CD Rates 1.36% 2.21%

More National CD Rates

Show me CD Rates offered to people from my state:
*

Source: TheStreet.com

†

Overnight Auction APY is a sample rate for a nightly auction for a $50,000 deposit.

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  • Featured In:

  • The New York Times: Do I Hear 4%? On This Site, Banks Bid for Your Cash
  • CNN: Auction money for best rates
  • The Wall Street Journal: Want the Best CD Rates? Hold an Auction.
  • AARP Bulletin: Save a Buck: Find Highest Interest Rates Online
  • Safe CDs, checking accounts for investors scared of stocks
  • O: The Oprah Magazine
  • Boston Globe: Website lets banks bid for customers
  • CNBC: Banks Bid for Your Cash
  • MIT Technology Review
  • Money Magazine
  • Reader's Digest
  • FOX Business: Bidding for Your Money

Recent Awards: Finovate Best of Show and Online Banking Report Best of the Web

Banks set certain CD interest rates to be listed on rate aggregation sites - these rates are static, and what you see is usually what you get. MoneyAisle's exciting new auction technology, however, is changing the paradigm of finding CD interest rates online through live, on-demand auctions.

How Does It Work?

All you need to do is register for an account, and then run an auction for a Bank CD - you'll get to see the banks bidding against each other to give you a CD Interest Rate, and you'll see the interest rate rise during each round of the auction until only one bank remains. That bank's winning bid is the highest CD interest rate available in our system at the time of the auction.

Is it a Real Auction?

Yes, it's a real auction. The way it works is that the banks in our network have preconfigured their system for different scenarios - deposit amount, term of CD, etc. This makes each auction dynamic and unique and each CD interest rate offered is optimized for your particular deposit amount and terms.

You can try it out for yourself by simply running a test-drive auction. You'll get to see the actual rates the banks have bid but, because it's a test-drive, you won't have the option of accepting the winning CD interest rate.

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