A white wire, eh? Ok. Well, the red and black are normal battery + and battery - (positive and negative) and connect to your switch accordingly. I would not worry about the white wire.

As far as the LiPo battery is concerned.. well, is your Accu Cycle Elete able to handle that type of battery? I don't know. I have an Accu Cycle but not the elite model and do not know about it's capabilities. But, if it is capable of charging LiPo batties, well, most batteries come at least partially charged and what you got for a total charge current may be correct. The only real way to know is to discharge the battery and re-charge it to see what it takes. You did not say what you were going to use these batteries for except for the ignition battery, but ignition for what? Plane, boat, helicopter, car... and how you intend to care for this battery.

Hope this helps. More information would be good..type of application (Plane,heli,and so forth)

DS.