Does opening multiple current accounts affect your credit score?

Caversham

I currently have a Nationwide FlexDirect current account which has come to the end of its 12 month 5% interest rate. A few months ago I closed an old NatWest current account which I no longer used.

I am now considering opening a new current account. As I have been with Nationwide for over ten years and have a credit card with them I am reluctant to close my FlexDirect current account as I have read that a long term relationship with a bank can be helpful with mortgage applications.

My question is whether my credit score would be adversely affected if I open new current accounts with both Halifax and TSB? I want to use TSB as a savings account and the monthly £5 payment from Halifax seems easy money.

Would having three current accounts look bad on my credit score especially if two were opened at the same time?

Fruit_and_Nut_Case

If you look in Budgeting & Bank Accounts you will find people with 10 or even 20 current accounts to maximise the offers. It seems that having multiple accounts does not automatically make you undesirable.