Mountain View, California (EastBayDaily) — Today, Credit Sesame, the leading consumer credit advocacy company that provides individuals with access to their credit scores, credit monitoring, and better ways to understand and manage their finances, announces its new interest rate comparison tool: The Credit Sesame Banking Channel; a free online service that helps people compare interest rates and get the best deals on CDs, savings accounts, and money market accounts.
“Getting the best interest rate should be a simple thing, but it’s not,” says Olivier Lemaignen, Credit Sesame’s Chief Marketing Officer. “When you decide to open an interest-bearing savings account, there are many choices: literally hundreds of banks, each with their own interest rates, and no one is looking out for you. That’s why we’re excited to launch this new banking channel. Banks know how to get the most out of their money; Credit Sesame’s Banking Channel gives individuals the power to do the same.”
How It Works Visit the Banking Channel on Credit Sesame’s website. Select an account type (CDs, Savings Accounts or Money Market Accounts). Select the amount of money you want to invest. Select the term (for CDs only). Click the results button. View the list of highest interest bearing deals on the market and choose your favorite. Click through to the bank of your choice to open an account.
About Credit Sesame Credit Sesame is the consumer's credit and loan expert, helping people make smarter financial decisions so they can save money and live richly. Credit Sesame gives people a complete picture of their credit and loans at no cost, including free credit score, market monitoring, credit monitoring, customized financial analysis, and unbiased loans and savings recommendations. Credit Sesame’s proprietary savings recommendation engine, with bank-level analytics, monitors the market, runs thousands of scenarios and analyzes each consumer’s debt, to identify the best loans and savings opportunities.