The ING Savings Maximiser fine print states that the balance has to be higher at the end of the month than it is at the start. Easy enough to transfer at least $1 to it each month. But if I need to use some of the money I then suffer not getting the high interest rate for the next month (5.5% vs 0.55%)
So my question to those more familiar with the product than I, can I have say $1 in the account on the first of the month, transfer $50,000 to it on the second of the month, and then transfer $49,999 out on the last day of the month. thereby still having access to the money if I need it but still getting the bonus interest for all but two days of the month on the $50,000?
bringsoutthepopcorn