High-Yield Savings Account
Banks bid in live auctions for your deposits.
Finding the best High-Yield Savings account rate online can be a frustrating experience. You've got the rate aggregation sites, where you may see the best High-Yield Savings account rate offered by the participating banks, but not the highest High-Yield Savings account rate those banks are willing to give. You could try and search through various Websites on your own, but you'll find that the time spent on such an endeavor may not be worth it. The solution to this burden: MoneyAisle.
Read more below.
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Recent
National
Live Auction CD Rates
for March 19, 2010
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Source: TheStreet.com
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Overnight Auction APY is a sample rate for a nightly auction for a $50,000 deposit.
High-Yield Savings Account from the Blog
November 11, 2008
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:...
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September 18, 2008
Today's Boston Globe has a good article, Money Market Funds Battered, which goes into some detail about how the recent economic activity in this country...
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September 3, 2008
There's an article in the Boston Globe about the pros and cons of home ownership for students, factoring in different costs vs. returns for students living...
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August 25, 2008
There's a great blog entry over at Portfolio by Felix Salmon - Wise Investing: No Substitute for Saving, which discusses the best way to plan for one's...
[more]
August 14, 2008
I recently read an article at U.S. News & World Report's Website called "9 Extreme Ways to Save" - among the advice given is to bake cookies in your hot...
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When banks set their High-Yield Savings account rates for aggregation sites, they're not taking into account an individual consumer's needs. At MoneyAisle, banks bid in live auctions for every account, to give you their best High-Yield Savings account rate at that time. It's free, fast, and easy to use.
The whole process takes only minutes, and you see the best High-Yield Savings account rate available in our system. Just enter your initial deposit and your location - that information is sent out to a vast network of banks, who all iteratively bid live in an online auction you can watch live. As the rate rises higher, you can see the best High-Yield Savings account rate in our system at that time, for your specific deposit amount.
To get started and see for yourself, just register for an account and then run a High-Yield Savings account auction. After the auction ends, you're presented with the best High-Yield Savings account rate in our system, absolutely free. There's no commitment to buy until you accept the winning bid.
If you'd like to see what the best High-Yield Savings account rate in our system is without having to register first, you can also run a test-drive auction. A test-drive auction is a real auction. Banks are still bidding their High-Yield Savings account rates, but you won't have the option of accepting the winning bid.
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