How I Set Up Monthly Transfers from Savings to Fidelity
Summary of User’s Issue and Solutions:
- The main problem reported was that the user wanted to set up recurring transfers from their savings account to Fidelity but could only configure transfers from their checking account.
- The user initially linked their bank account but was uncertain if transferring from savings was possible due to identical routing numbers.
- After some troubleshooting, the user resolved the issue by relinking their bank account, which allowed them to select “savings” for the recurring transfers.
- The user noted that while the options appeared similar in the setup process, there was a link to view bank details that helped clarify the situation.
Here’s the full thread
I want to setup recurring transfers from my bank to fidelity of $120 a month. I have my bank linked with fidelity, but the problem is I can only setup recurring investments from my checkings account. I know the routing numbers are the same for a checkings and savings account. I was wondering how I could set it to transfer from my savings account instead of my checkings account, or if that’s even possible.
In the youth app, go to transact < reoccurring transactions and investments < create reoccurring transfer < from < link a bank account
I already have my bank linked. I was just wondering if I could transfer from my savings instead of my checkings
I dont think so since they are the same routing number 🙁
okay so I figured it out
I just re linked the account and I was able to select “savings”
Oh nice
they are identical looking in the “setup recurring transfers” but thankfully there’s a link that says “view your bank details.”
sorry fidelity for wasting your time lol.
Thanks for letting us know you figured it out, @Zeffy. We’ll be here should anything else come up! 🟢