New Feature: Accept your Test-Drive Rate for Savings Account and CD Rates

MoneyAisle has a new feature I'd like to share with all of you.

When reading about the company on message boards or other blogs, one of the questions that would come up often is some version of: "Are the Test-Drive auctions actually real auctions?" When possible, I would answer yes, but questions would still persist regarding the rates.

We've done some modifications to MoneyAisle that should put those questions to rest for good.

Starting now, if you're not registered or signed in to MoneyAisle and you run an auction for Savings Account or CD Rates, you'll be able to accept the Test-Drive rate at the auction's end. All you need to do after the auction is register or sign-in, and you'll be taken to a screen revealing the name of the winning bank as well as the option to accept your rate.

Please keep in mind that registered users have access to other cool features such as CD Laddering and Rate Comparison, so registering for an account first gets you the most out of the MoneyAisle experience.

Check it out for yourself. It's another way MoneyAisle is making the search for great rates on cds and high-yield savings accounts even easier.

Update: Here's a new video on how MoneyAisle auctions work: