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How many current accounts do you have?

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How many current accounts do you have, and why?

I.e. one for wages and spending, and a second for household bills (utility direct debits / rent) etc?

Maybe a third to put money into exclusively for use abroad on holidays?

It would be very interesting to find out peoples methods for managing their finances.
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Comments

  • Loads of previous threads on this. Google is your friend but here are two:

    https://forums.moneysavingexpert.com/discussion/5389172

    https://forums.moneysavingexpert.com/discussion/5268021
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    Why do you care how other people manage their money? Look after your own finances however suits you best.
  • KxMx
    KxMx Posts: 11,120 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Three.

    One main.

    One for spare money/save up for treats.

    One for the 3% interest, using it as savings.
  • Mchambers
    Mchambers Posts: 1,054 Forumite
    Too many to count OP.
  • Shakin_Steve
    Shakin_Steve Posts: 2,813 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Name Dropper
    agrinnall wrote: »
    Why do you care how other people manage their money? Look after your own finances however suits you best.
    Now, now Mr agrinnall, you have to be nice to new posters...it’s the law. :D
    I came into this world with nothing and I've got most of it left.
  • 13

    5 for interest.
    2 for Rewards
    1 for fee free EU transactions.
    2 for Regular saver accounts
    2 just been switched into for bonuses
    1 being switched out of due to one of the above.
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Seventh Anniversary 500 Posts Name Dropper
    edited 26 January 2018 at 9:16PM
    1 X Santander 123 Lite (main "hub" account plus cashback on some DDs plus access to Regular Saver at preferential rate; monthly fee of £1, only current account fee paid)
    3 X Bank of Scotland Classic Vantage (for interest)
    1 X Club Lloyds (for interest and free cinema tickets)
    2 X Tesco Bank (for interest)
    1 X TSB Classic Plus (for interest plus £10 monthly reward on DDs and debit card payments until June 2018 plus access to Monthly Saver)
    1 X Co-operative Bank (for monthly £4 reward)
    1 X Halifax Reward (for monthly £3 reward)
    1 X First Direct (for access to Regular Saver)
    1 X M and S Bank (for access to Regular Saver)
    1 X HSBC Advance (for access to Regular Saver at preferential rate)
    1 X Nat West Select (recently opened for £125 switching bonus, due April 2018, then retention as sacrificial account)
    1 X Nationwide FlexAccount (for access to Flexclusive Regular Saver plus free European travel insurance)

    15 in total.
  • EssexExile
    EssexExile Posts: 6,457 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    One for using & one in case the other one breaks.
    Tall, dark & handsome. Well two out of three ain't bad.
  • Mnd
    Mnd Posts: 1,699 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    Between me, my wife and joint. 15 i think
    Santander 123 bills
    Natwest day to day
    Nationwide very short term savings
    3 lloyds, 3 tsb 2 tesco 4 halifax
    No.79 save £12k in 2020. Total end May £11610
    Annual target £24000
  • Katiehound
    Katiehound Posts: 8,125 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    A whole clutch- one main account and the rest for :- 2% or 3% interest, access to 5% regular saver, cash reward & even a free Hearst magazine!
    Not forgetting a spare for a switching deal.
    Being polite and pleasant doesn't cost anything!
    -Stash bust:in 2022:337
    Stash bust :2023. 120duvets, 24bags,43dogcoats, 2scrunchies, 10mitts, 6 bootees, 8spec cases, 2 A6notebooks, 59cards, 6 lav bags,36 angels,9 bones,1 blanket, 1 lined bag,3 owls, 88 pyramids = total 420total spend £5.Total for 'Dogs for Good' £546.82

    2024:Sewn:59Doggy ds,52pyramids,18 bags,6spec cases,6lav.bags.
    Knits:6covers,4hats,10mitts,2 bootees.
    Crotchet:61angels, 229cards=453 £158.55profit!!!
    2025 3dduvets
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