Forum

Withdrawing to savings account?
 

I remember back then someone mentioned that checking accounts are preferred when withdrawing.

I'm now wanting to withdraw some funds to my savings account . Does it make any difference whether I withdraw through my checkins or savings account?

FYI , I use Bank of America and are all in my real name.

Re: Withdrawing to savings account?
 

You can use either one.

Savings account have limitations on the number of transactions allowed monthly in the US, though.

Re: Withdrawing to savings account?
 

If your volume of business increases, the savings account may come under scrutiny.

:spy:

Re: Withdrawing to savings account?
 

Never had an issue with any of the savings accounts I use. Of course I spread my sales across multiple accounts and so the number of transactions and their total amounts are relatively on the lower end.