A savings account is an ideal place to store money you don't need right now, while a checking account is better for managing your daily expenses.
But when you're ready to take money from your savings account, it pays to be mindful of your bank's withdrawal rules.
Understanding savings account withdrawalsYou can generally take money out of a regular savings account or high-yield savings account at any time.
You'll go to a teller, provide your account information, and tell them you want to take out money from your savings account.
Savings account withdrawals FAQSCan you withdraw money from a savings account?
Persons:
Banks, You'll
Organizations:
Governors, Federal Reserve