Operating a savings account like a savings account
When you have a savings account make sure it is a savings account. It doesn’t look great when you have a savings account that has weekly withdrawals from it. Put in $100 take out $50 two days later. Put in another $100, take out $50 two days later. We would rather you save $50 only as it looks better when presenting a loan for approval. We understand emergencies can happen such as your car breaking down or emergency travel. This is fine but in these situations please make sure you provide a narrative on your statements on why the funds were withdrawn.