New Feature: Split Deposits

MoneyAisle has another great new feature for registered users: Split Deposits

A split deposit involves taking a sum of money and investing it in various CDs (or High-Yield Savings accounts) with the same maturity date, limiting the deposit amount per bank to maintain all deposits under FDIC insurance.

To get started, you provide a total amount you would like to include in your split deposit, and the number of accounts you would like to split this deposit across. When your split deposit is ready to go, click the "Start Auction!" button at the bottom of the page.

You can see for yourself by clicking the "Split Deposits" link on one of our auction pages.

To register for a MoneyAisle account, click here: http://www.moneyaisle.com/Authentication/