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It’s minimum $100k to open it, but you can draw down all the way to $1 after that and increase or decrease any time you want. I presume if you withdraw all the
by lotsofpulp 3y ago
It’s minimum $100k to open it, but you can draw down all the way to $1 after that and increase or decrease any time you want. I presume if you withdraw all the money, then it closes and you need $100k to open it again, but I just leave mine at a few dollars.
But that gets back to my point that BoA does not want to pay interest to people with less than $100k cash.