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How long does it usually take to transfer funds online?

The best method for transferring funds – and having them available to you as soon as possible – is by initiating the transfer on the website of the bank where the funds are currently held. By doing this, you are pushing funds to the destination bank. The funds should appear in 1 to 2 business days‡ (not including the time it takes to link accounts). If you open a High Yield Savings Account with Personal Savings, the fastest way to transfer your funds out of your Personal Savings account and into a checking account would be by initiating the transfer on the Personal Savings site. In many cases, you may qualify for express transfers that can appear as soon as the same day.

However, if you chose to initiate funds transfer with the bank where you want funds to arrive, you would then be pulling funds. Depending on the destination bank's hold policies, this transfer could take 3 or more business days.‡ If the destination bank is American Express National Bank and you initiated the transfer on the Personal Savings website, the amount will be reflected in your Current Balance and will begin earning interest immediately. Then the funds will be available for withdrawal on the 5th business day.‡



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High Yield Savings Accounts (HYSAs)

Certificates of Deposit (CDs)

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About Personal Savings

What it is, how it works and everything in between.

High Yield Savings Accounts (HYSAs)

Certificates of Deposit (CDs)

Trusts & Beneficiaries

Understanding Your Account

Quick links to get you—and keep you—on the right track.

Opening an Account

Accessing and Managing Your Account

Transfers, Deposits & Withdrawals

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Account Security

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Express National Bank. Member FDIC. Each depositor is insured to at least $250,000.

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*The Annual Percentage Yield (APY) as advertised is accurate as of . Interest rate and APY are subject to change at any time without notice before and after a High Yield Savings Account is opened.


For a CD account, rates are subject to change at any time without notice before the account is opened. Your rate will be fixed on the business day‡ we receive your completed application, provided we receive your deposit within 30 days after your application is approved. After a CD is opened, additional deposits to the account are not permitted. Early CD withdrawals may be subject to significant penalties which could cause you to lose some of your principal. Please see the Deposit Account Agreement for additional terms and conditions and Truth-in-Savings disclosures.


**The national average APY is accurate as of September 21, 2020, as published in the FDIC's Weekly National Rates and Rate Caps; average rate used is for deposits under $100,000.


†You may make up to nine (9) withdrawals or transfers out of your High Yield Savings Account during a monthly statement cycle. Read More in FAQs.


‡For purposes of transferring funds, business days are Monday through Friday, excluding holidays. Transfers can be initiated 24/7 via the website or phone, but any transfers initiated after 7:00 PM Eastern Time or on non-business days will begin to be processed on the next business day.


♢Calculations are estimates of expected interest earned. Actual results may vary, based on various factors such as leap years, timing of deposits, rounding, and variation in interest rates. The first recurring deposit is assumed to begin in the second period after any initial deposit.