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I haven't paid a withdrawl fee on a savings account in decades, and I use them for all my sinking funds.
by djrogers 8y ago
I haven't paid a withdrawl fee on a savings account in decades, and I use them for all my sinking funds.
- mattkrause 8y agoRegulation D limits savings accounts to six withdrawals a month, after which almost every bank charges you an “excess activity” fee.
- djrogers 8y agoSinking funds aren't generally used for large numbers of purchases - but if they happen to be one month, you can just make a single transfer to a checking account.