Joint accounts advice

gerrard88

Hi all. 

We have a joint acc with halifax. We use it for bills to come out and food shopping

we looking at swifching that to sandander and still having a halifax joint

santader - for bills
halifax - spending and mortgage come out (as we are with halifax)

anyone got a few joints like this? Or should we just stick to 1?

sausage_time

Remember if you move to Santander using the switching service (to get a bonus for example) your Halifax account will be closed.

Many people do retain multiple accounts.  We just have one joint account as a central "clearing house" for all payments, bills, etc - which works for us.  But I have had side hustles such as a (sole) Chase account when it was competitive. 

Emmia

We have sole accounts our salaries go into, a joint account the mortgage comes out of and a separate joint account for groceries.

We also have a joint savings account where we save up for improvements etc.

I also have other sole accounts set up for various purposes.

badmemory

It is always wise to have 2 current accounts (whether single or joint) with completely separate banks.  So not Halifax & Lloyds.