The Benefits of Online Banking

November 11, 2008
By Kevin Cafferty

The excellent Alpha Consumer blog over at US News & World Report had a great guest post on a subject that is near to MoneyAisle's heart: Online Banks: The Solution for Savers

An excerpt:

A high interest rate on your savings account isn't the only benefit of working with an online bank. Because the website is your primary interface with the bank, it is often very sophisticated and very user friendly. They allow you to bank 24 hours a day, seven days a week, a convenience I've personally taken advantage of. Just recently, I locked in great rates on certificates of deposit from the comfort of my office. If I had to go to a branch, it's likely that I would have never done so.

MoneyAisle offers great rates on High-Yield Savings accounts to consumers in all 50 states. Check out our homepage to run an free test-drive of our system. MoneyAisle also offers amazing CD rates.

It's free, and there's no commitment to buy. Check it out: http://www.moneyaisle.com

Comments

On Tuesday, February 24, 2009  Cheryl Washington wrote:
After I came across some articles about the rates of return for online savings accounts, I couldn't believe how much money I was losing in my neighborhood bank. Its a huge benefit for my lifestyle to bank onlinel, given my travel and work schedule. The convenience on top of the rate of return makes it well worth switching.

Add a Comment

  • 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