http://www.mycardblog.com/2008/10/banks-bid-for-your-money-at-moneyaislecom/ Bring you the best in personal finance Thu, 11 Mar 2010 22:30:41 -0700 http://wordpress.org/?v=2.9.2 hourly 1 http://www.mycardblog.com/2008/10/banks-bid-for-your-money-at-moneyaislecom/comment-page-1/#comment-8991 Rob Sun, 12 Oct 2008 07:18:27 +0000 http://www.mycardblog.com/?p=1271#comment-8991 Sounded very interesting, so I tried it out. At the first step, I tell the bidder how much money I have—$100,000. And then tell them my zipcode and then the bidding started automatically. All you have to do is waiting before the computer and wait for the winning bidder comes out. After several rounds of bidding, only one bank left and offered a rate of 3.8% APY. Sounded very interesting, so I tried it out. At the first step, I tell the bidder how much money I have—$100,000. And then tell them my zipcode and then the bidding started automatically. All you have to do is waiting before the computer and wait for the winning bidder comes out. After several rounds of bidding, only one bank left and offered a rate of 3.8% APY.

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