How many account do you have?

Suarez

I have only banked with HSBC since I was 11. Was considering opening a Barclays or Halifax account because their rates for savings seem to be better.

With HSBC I have :

Current Account
Green Account (reserve money)
Internet Bonus Saver (Ebay, TCB, Adsense)
Cash E-ISA (Savings)

Is it normal to bank with more than one bank?

Saints2011

Spread your nest, I know people with 10+ current accounts yes a bit excessive but you can set up just savings accounts with other banks to see how you find there service in terms of phone banking, internet, branch and see if you prefer it to HSBC or not.

KingElvis

2 current accounts and one savings

nearlyretired2004

3 X Halifax reward accounts - empty, just move £1,000 through them each month to get the £5 reward (Other half also has three, son also has three - all empty (well ... £1 in them,)

3 X Lloyds Vantage accounts - each full with £7,000 to get the highest tier of interest - 4% -(well, until they change it in a couple of weeks)

1 X Santander Zero account - to get 5% on the first £2,500

1 X Santander Business current account - to get 6% on the first £2,500

Suarez

Do Halifax not catch on that you're doing that? haha

nearlyretired2004

err..... not so far and I think youll find there are 100's of us on here doing it .......

tescomilk

nearlyretired2004 wrote: »

3 X Halifax reward accounts - empty, just move £1,000 through them each month to get the £5 reward (Other half also has three, son also has three - all empty (well ... £1 in them,)

3 X Lloyds Vantage accounts - each full with £7,000 to get the highest tier of interest - 4% -(well, until they change it in a couple of weeks)

1 X Santander Zero account - to get 5% on the first £2,500

1 X Santander Business current account - to get 6% on the first £2,500

So you earn around £1295 p.a. on keeping £26000 savings. Not bad :T

...although I hope you do the Halifax payments automatically? because remembering to transfer £36000 through 3 different accounts each year for £180 would be too stressful for me

glennc1981

I currently have basic and regular current accounts with Santander, though they're hardly ever used since I moved to NatWest. With NatWest I have a Step account, a (recently opened) Advantage Gold account, a First Reserve savings account and an e-ISA too. To be honest I need to close the Santander accounts soon. I'm very happy with NatWest.

samwsmith1

Here's a list of all my accounts:
Current:

• HSBC Bank Account
• First Direct 1st Account
• Co-Op Current Account
• Alliance & Leicester Premier 21 (Soon To Be Closed)
• Nationwide Flex Accounts

Credit Cards:

• First Direct
• Vanquis

Savings:

• HSBC Flex Saver
• HSBC Online Bonus Saver
• First Direct E Savings x 2
• First Direct Savings Account
• Natwest First Reserve
• Natwest ISA Plus
• ING Direct
• Skipton Building Society Leap Account
• Yorkshire Building Society internet saver
• First Direct Regular Saver (Opening Next Week)

Didn't realise there was that many!

Lith

HSBC

• Current Account
• Flexible Saver
• Cash-ISA Account
• Online Bonus Saver
• MasterCard Account

TSB

• Current Account
• Easy Saver Account

HALIFAX

• Current Account

Bank of China

• Current Account (never use it tho) :rotfl:

Next one will be RBS

ashaput

i have two savings. personally, have more than one savings can really help me in budgeting. small money in my hand and tied the rest on the bank