Savings Account

My Goal

My goal is to save $20,000 for a Diesel Truck by the beginning of January 2015. I will use a saving account and add about 40% of all money I get by working or by gifts.

Bank Of America

You need $25 to open up this account. You get 0.01% interest on the whole balance.

$5 monthly fee
No monthly fee if you meet one of the following requirements during each statement cycle:
Make combined monthly automatic transfers of $25 or more from your Bank of America checking account to your savings account.Learn how
Or
Maintain a $300 minimum daily balance
Or
Link to your Bank of America Interest Checking™ Account (waiver applies to first 4 savings accounts)
Or
Enroll in the Preferred Rewards program and qualify for the Gold, Platinum or Platinum Honors tier (waiver applies to first 4 savings accounts)

Three with drawls a month.