I have a Capital 360 savings account where I hold my emergency funds with 0.75% APY.
If the market drops below certain price point, I was planning to buy additional VTSAX at a certain rate ($X every day) using the money in this account (I know, market timing is bad).
Today came across this -
http://helpcenter.capitalone360.com/Topic.aspx?category=C3BNKOSABA#TRANS1which basically says that there is 6 withdrawal limits per calendar month.
Is that true? is there also a limit on the amount I can withdraw from Capital 360?
If so, is there a way to work around that?
If there is no limit on the amount, I was thinking maybe moving large chunk of money from capital 360 to a checking account with no limits and from there move it daily to Vanguard.
Thoughts?