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re: Where do you park your money that you are saving to put towards a down payment on a house
Posted on 1/27/18 at 7:35 am to cave canem
Posted on 1/27/18 at 7:35 am to cave canem
Ally looks pretty nice, I think I might pull the trigger on a savings acct with them. Figure it can't be worse than having my savings with WF.
One thing I didn't see on the site...how long does it take to transfer money from ally savings to another bank? Just curious if it takes 5 minutes or 5 days.
One thing I didn't see on the site...how long does it take to transfer money from ally savings to another bank? Just curious if it takes 5 minutes or 5 days.
2
Posted on 1/27/18 at 8:09 am to WG_Dawg
quote:
Just curious if it takes 5 minutes or 5 days.
It may vary a little, but I think typically it's about 3 business days on all these electronic transfers between banks.
Posted on 1/27/18 at 10:13 am to WG_Dawg
quote:
Just curious if it takes 5 minutes or 5 days.
Mine, not Ally, takes three full business days to fund, but only about one to withdraw.
For example: if I transfer to my high yield savings on a Monday, it won't be fully available and start earning interest until Friday.
If I transfer out of my high yield savings account to my external checking account it's usually available the next business day.
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