Stuffed up last month and forgot to roll the money back into the ED account the last day of the month.
On the 1/1/23 should I roll it all out into Ubank just leaving 1K in ING then on 1/2/23 play their game again? $1001 then $1002
Doing this way I wont see any bonus interest till March?
The money sitting in the ED account does that still get the bonus interest sitting there?
Is there a better way of doing this?
Ing 1
Jizmo 0
No interest on the Orange Everday (OE) account
Open up another Savings Maximiser account if you want to reset the balance
So if I'm rolling in and out of OE and SM to keep it at a low balance for the growth rate.
Say 50K stays in the OE for 3 days. That's 10% of a month so in reality 90% x 4.55% = 4.095%.
I might leave my money in Ubank for a couple of months and see if it works out.
Sorry to highjack this thread.
I need to withdraw a big chunk of money from my ING maximiser. I'd like to still earn the bonus next month, but not forfeit or mess up my current month.
Say I've got $100k in maximiser, want to withdraw $50k. How do I go about it, should I withdraw on the last day of the month ? Thank you
Transfer in some money from ubank at the end of Jan. That way you can activate your bonus interest etc again for Feb.