I’m starting to save money for a down payment in a HYSA, which has max daily withdrawals of 2-6k. Should I save this money elsewhere? Or, how can I quickly remove a large amount once it’s time to buy? Hoping to get ~50k in the account and don’t want to set up multiple daily withdrawals
How to move/access down payment money
byu/daisylou32120 inpersonalfinance
Posted by daisylou32120
1 Comment
>Should I save this money elsewhere?
Probably not, a savings account is a good place to store money you plan to use in the next 5 years.
>Or, how can I quickly remove a large amount once it’s time to buy?
Plan ahead, and move the money over multiple days or weeks, or ask your bank to allow a larger withdrawal temporarily.