How many current accounts is it OK to have.

iAMaLONDONER

I have 6:

N&P
Santander 123
Lloyds Vantage
Lloyds student
Nationwide FlexDirect
HSBC

I have Coop, First Direct and Halifax in my sights but I'll need to open dummy account(s) to claim the switching bonuses!

DragonQ

I think the maximum I've had at a single time is 9. Right now I have 8 but two of those are pointless and I'll close them when I can be bothered, and another one is dormant.

TheEffect

iAMaLONDONER wrote: »

How do you have 2 student accounts?

I told a porky.

iAMaLONDONER

TheEffect wrote: »

I told a porky.

Oh ok :sad:

TheEffect

iAMaLONDONER wrote: »

Oh ok :sad:

Ironically, the HSBC account has been sitting at -£500 overdraft for the last 3 years, with £500 in a savings account.

I think the last transaction on the account was 2 years ago.

They've never said anything.

[Deleted User]

Aren't all these current accounts reporting on your credit files and making things look a bit odd?

Archi_Bald

A bit odd in what way? I have seen credit files with well in excess of 20 current accounts and they didn't look odd to me.

iAMaLONDONER

TheEffect wrote: »

Ironically, the HSBC account has been sitting at -£500 overdraft for the last 3 years, with £500 in a savings account.

I think the last transaction on the account was 2 years ago.

They've never said anything.

I thought you meant that you only had 1 student account rather than that you lied to the bank lol!

liamcov

Chjaka wrote: »

Between my partner and I we have;

3 x Nationwide Flexdirect (was 7)
3 x Santander 123 accounts
2 x First Direct
5 x Lloyds Vantage
2 x BOS Vantage
2 x TSB Enhance
2 x Halifax Reward

There's 19 current accounts but I'm just about to open two co-op accounts for the £100 switching bonus.

How can you get the 2 co-op accounts?

eskbanker

liamcov wrote: »

How can you get the 2 co-op accounts?

I suspect the answer lies in the first line of the post you quoted!