How many current accounts do you have?

AnotherJoe

A “bunch” for various reasons as per other payers - regular savings, high interest accounts foreign transactions etc etc. Nothing at all to do with budgeting,

OP really you asked the wrong question which should have been along the lines of “what do you find helps you budget your spending” rather than decide the answer is Bank accounts first. I think there is a budgeting forum in here ?

Trina90

1 joint with my husband.
1 of my own where my salary goes into.
2 x 3% interest Tesco accounts that I use for savings.

Wellard_Mann

Five.

1 because I’ve had it forever.
1 for everyday use, mostly with Android Pay.
1 for high interest, direct debit cashback and access to regular saver.
1 for commission free cash withdrawals in Europe.
1 that previously had decent interest and cashback and which I should get around to closing as the benefits have expired.

datlex

I have 8. 1 my salary goes into and that directly funds two of my other accounts. 1 is a credit card mirroring account (my terminology) to which money is transferred from my initial account every time I buy something using my card (I have a reward card so use my credit card rather than a debit card). 1 is a bills holding account to which I pay a set amount each week, it is a high interest current account with no direct debit requirements only funding and is kept with the maximum limit for interest. I have 3 bills accounts which are all funded from my bills holding account for assorted direct debits to get the rewards on those accounts. Funding also circulates around these accounts. Finally I have another high interest account for some of my savings. I then have another overspill/potential for switches account.

Katiehound

Wellard_Mann wrote: »

Five.
1 that previously had decent interest and cashback and which I should get around to closing as the benefits have expired.

No no, that's the one you save for when the next generous switching deal comes along!

Chrysalis

1, is all I need.

Archergirl

I only have 2 I would like to do more but I can't get my head around it...

EachPenny

ijoycaptain wrote: »

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

I find it helps manage my expenses by having a separate current account to pay the costs of each of my yachts.

I'm afraid I've got no idea how many I have in total as I let my celebrity partner's accountant handle the boring details.

agrinnall

Shakin_Steve wrote: »

Now, now Mr agrinnall, you have to be nice to new posters...it’s the law.

Oh, I could easily have been a great deal less nice than that...


And one comment to those people saying that one account is all they need - I really hope that you don't find out one day why you need at least two at different financial institutions.

colsten

Wellard_Mann wrote: »

Five.


1 that previously had decent interest and cashback and which I should get around to closing as the benefits have expired.

Have you exhausted all the switching offers? That account could be worth hundreds.