No, there is no limit on the number of times you can withdraw from your savings and money market accounts each month. Before the COVID-19 pandemic began, Regulation D required banks to set a limit to six withdrawals from savings accounts each month before the customer faced a penalty. However, this regulation was revised in 2020 so that institutions are no longer required to penalize customers who exceed the monthly limit — although some still choose to enforce the rule. However, regardless of the partner bank's stance on the monthly transaction limit, you have unlimited transactions by opening the account through Raisin. CDs work differently. A regular CD charges an early withdrawal penalty if you take out money before the term ends. A no-penalty CD doesn't charge a fee, but it does usually require you to withdraw all the money from your CD in one lump sum.