How do I use a savings account with one bank and a checking account in another bank? Like if I opened a HYSA in Marcus/Amex/etc and continued using checking with BoA, how would I digitally transfer funds easily between the two accounts?

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Posting as :
works at
You are currently posting as works at

Because someone is confessing they don’t know basic bank procedures

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BCG A PM at an investment bank lol

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But yeah people do this all the time. Just look for "external transfers" or similar in each account. You can connect external accounts and do free transfers, typically in 1-2 business days. Very easy.

But also you can split your direct deposits among multiple accounts if preferred

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Set 2 direct deposit. Problem solved

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I think your best bet is Zelle, unfortunately

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1. Go to BoA banking center
2. Ask teller to cash money out
3. Drive to the other banking center like Marcus or Amex (you may need to drive further, sometimes onto the Internet freeway)
4. Deposit such money at teller
5. Rinse and Repeat

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This is the old school antiquated boomer approach

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Zelle? ACH transfers? 💀

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Why is this in the Confession bowl??🧐

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You can setup transfers. Auto recurring or those you trigger. Super simple.

With Marcus, they grant interest as of the date of the transfer, not when the money arrives.

There is a setting in Marcus that allows for a transfer with an external bank (as others above stated). I have this exact combo - Marcus as HYSA and BofA for checking and it’s issue-free.

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