madteaparty Posted February 4, 2016 Share Posted February 4, 2016 I used to have ING back in the day but I'm looking for an account which is hard to access, that is, it takes a couple of days for the $ to be transferred to one's checking and where one can direct deposit from one's paycheck... Quote Link to comment Share on other sites More sharing options...
SparklyUnicorn Posted February 4, 2016 Share Posted February 4, 2016 ING is like that. Although now it's owned by Capital One. Quote Link to comment Share on other sites More sharing options...
Tap Posted February 4, 2016 Share Posted February 4, 2016 (edited) I do the same thing, but with a credit union in town. My main account that I use daily as my debit account, is at a completely different Credit Union. The second account is just for savings. I have 3 different savings set up there, all linked to the one account. They are called: Medical savings (to pay my yearly deductible), school tuition savings, and long term savings. The medical and school savings are used once a year, but the long term savings doesn't get touched except for emergencies. I like it being in town because I can stop in and get a cashiers check for tuition/medical bills with only about 5 minutes of effort. I then deposit it in my debit account, or have it written directly to the institution ie school. My CU gives out one free check a day, so I don't have a check book or debit card for the account. Being in town makes it convenient enough if I need something it is only 10 minutes from the house, but I do have to make a special trip there to access the account. To make a deposit into the account, I send a check through bill pay, or just write a personal check to myself from my main account and go deposit it. I have a 'rule' that once I get and excess $1000 in my regular every day debit account, I move it to the other savings only account. This way I only have to move money out of my main account every couple of months, but when I do the other accounts grow quickly. Edited February 4, 2016 by Tap Quote Link to comment Share on other sites More sharing options...
SKL Posted February 4, 2016 Share Posted February 4, 2016 I have my ING (now Capital One) account set up to do automatic monthly transfers from the checking account that receives my paycheck. It is a one-time setup that takes a few seconds online, so it's essentially the same as direct deposit. :) ING takes at least a couple of days to make a non-repetitive transfer. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.