Quote:
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Originally Posted by Sweepsplayer
According to a Bankdeals blog posting, there are a few possible issues:
- Electronic transfers may take up to 2 or 3 days
- The account can only be linked to 1 other account
- Since statements are received quarterly, it's possible that if you closed your account or your account was closed by them, you could lose up to 3 months interest.
Just an FYI. |
Is there a regulation for these (GMAC, Amboy) online money market accounts on how many accounts they can be linked to; like the 6 transactions per billing cycle rule?