Think of a bank account as a seed. You water it and help it grow. When you want its fruit, you pick it. And you trade the fruit for other things. For now, we simply want to get the seed to grow.
To start you shop for two seeds. Whoops, I mean you shop for two bank accounts -- a savings account and a checking account. You want bank accounts with a high interest rate, ATM fee reimbursements, no minimum balance, and zero fees.
If you already have a savings and checking account you’re happy with, great! Let’s use those.
If you have any other accounts, log in to them. Transfer the money from these old accounts to the savings and checking accounts you chose above. Then close the old accounts.
To be safe, I recommend doing this in two transfers. Transfer 50% of the money from each old account first. Wait 3-4 days till the first transfer clears. Then transfer the final 50%. This will keep 50% of your money always available while the other 50% is in transfer mode.
Once your old accounts are at $0 call the bank and close each account.
You should end with a simple: one checking account and one savings account.