Otherwise,
the savings sub account will be non-interest bearing.
On a sixth transfer during a calendar month, any funds in
the savings sub account will be transferred back to the checking sub account.
CHECKING SUB ACCOUNTS: For accounting purposes, all checking accounts consist of a checking sub account and
a savings sub account.
Not exact matches
I'm sure Ally would work just as well but I enjoy having all of my
sub savings accounts at ING.
When most banks only offer
sub 3 % APY for
savings accounts, there isn't much money you can make from balance transfer.
The saving
sub account will be governed by the rules governing our other
savings accounts.
This includes transfers between
sub-accounts (say, «General
Savings» to «House Down Payment») and all out - going transfers (any
sub account to a brick - and - mortar checking
account).