MoneyAisle’s 12 month CD rates now top national charts!
Warning: The rates featured on this page are likely outdated. Visit our CD Rates Center for updated rates and special offers.
They are now as competitive as the top CD rates offered by the larger national institutions whom pride themselves on offering the highest rates.
For example, today we ran a test auction on MoneyAisle’s platform for our particular state and received an offer for a 12 month CD yielding 2.05% APY. The top 12 month CD rates on BankVibe’s tables currently sits at slightly less than that.
What does MoneyAisle do? They have an online platform which lets you (the consumer) fill in your deposit investment requirements such as how much you want to invest, where you live, how long of a maturity you are looking for, etc. Then their network of participating banks (and potentially credit unions) serving your area bid for your business. The bank who offers the highest CD rate wins your bid.
Can anyone get a 12 month CD yielding above 2.05% APY? That is what we were offered this morning for a 1 year CD with a $10k deposit in our state. Looks like MoneyAisle is getting more competitive!
