Financial Information
Can I make my “regular” savings account into an online savings account at the same bank?
Question : Can I make my “regular” savings account into an online savings account at the same bank?
I have a savings account I opened a few years ago with a 0.25% APY. I see my bank also has online savings account with 3.75% APY.
Can I get the bank to make this into an online savings account so I can get the higher rate?
online savings account
Best answer:
Answer by mister ed
yes if your bank has on bank checking/savings!!!
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#2 written by mark0381_FINA4242 1 year ago
Yes, if you bank at any of the larger banks like Wells Fargo, Bank of America, JP Morgan Chase, etc. then they definitely have on-line capabilities. If you don’t, I’d encourage you to call the bank and ask them if you can open up an on-line account, or if you already do, but you just don’t know about it. I actually had an on-line capability with my bank before I knew about it and used it for the first time. Just call and ask.
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Chances are that you’d have to close the 0.25% account and open up the 3.75% account. But Andrea is right. Nobody here will know for sure. Call up the bank and ask them.