The Online Savings Account

The online savings account came about when banks combined the ease of internet commerce with better rates, which they were able to offer by not having the expenditure of a brick and mortar institution. Consumers, always on the lookout for the best rates, flocked online to see what deals were available. The higher the online rates offered, the more customers the banks were able to attract. Now the next evolution in online banking has arrived: MoneyAisle.
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By having banks compete against each other through live reverse auctions to give you amazing rates on high-yield online savings accounts MoneyAisle has made the process of getting an account simultaneously more dynamic and more easy than ever.

It's dynamic because the auction is run live, in front of your eyes, and is over in just a couple of minutes. It's easy because the banks do all the heavy lifting of battling it out for your business. You just enter how much you want to deposit in your online savings account and the banks figure out who is going to offer you the best rate.

To get started, just register for an account and run an auction for a High-Yield Savings account. You'll see the best rate available in our system at the time of your auction almost instantly. Isn't it nice being fought over?

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