Access Money From Your Savings

To use your money, you’ll often need to move funds out of a savings account. In most cases, it’ll go to a checking account, and you can write a check, use online bill payment, or use your debit card for spending. But there are several ways to use money from savings.

  • Withdraw cash: If you want physical cash, you can get funds from an ATM. You can make unlimited withdrawals from ATMs or in person with a teller.
  • Transfer to checking (internal): Moving money to a checking account in the same bank is fast and easy. Just contact customer service or make the transfer using your bank’s app or website.
  • Electronic transfer (bank to bank): It’s also easy to move funds to a different bank, but the process can take several business days unless you wire the money for an additional fee.
  • Request a check: In some situations, it might be easiest to have your bank print a check using funds from your savings account. For example, when making a down payment on a house, your bank can create a cashier’s check payable to a title company or seller.

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