re: Where do you park your money that you are saving to put towards a down payment on a house

quote:

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Just curious if it takes 5 minutes or 5 days.

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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.