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how many bank account have you got
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static92
Posts: 5 Forumite
hi i wanted to find out how many bank account current accounts or basic accounts do you have or can you open is there a limit of how many you can open?.
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hi i wanted to find out how many bank account current accounts or basic accounts do you have or can you open is there a limit of how many you can open?.
You can open as many as you like, whether the bank where you try to open the next account accepts you as a customer is anyones guess.
There is a search function you can use as this qusstion has been asked before.0 -
hi i wanted to find out how many bank account current accounts or basic accounts do you have or can you open is there a limit of how many you can open?.
If you're in the position where basic bank accounts are relevant then chances are you won't be able to open many accounts....
What do you have in mind?0 -
It's all getting a bit out of hand this. I've got three(two of them are Tesco) and I really don't want any more. Lot of faffing for a couple of quid here and there. I blew last months interest from Tesco on coffees.I came into this world with nothing and I've got most of it left.0
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Nine current accounts.0
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Two. One for the UK, one for R.o.W.0
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I have 3 current accounts, one with the Bank of Scotland which is my main "day to day spending" account. One with TSB which I use to pay my bills, and one with Halifax which I just opened. I am considering switching one to Nationwide, I had planned to do that with the Halifax account, but am going to look at my interest at TSB and see if the £3 monthly reward would beat that, and switch whichever is least value for money.0
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17. Mainly to qualify for regular savings and reward accounts.0
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5.
I have more savings accounts, largely due to never closing ones that aren't used. Reading on here it sounds like it's a faff to close the instant access account that's left from a matured RS so they're just left empty.
@Don80 - If you would like to bag the Nationwide incentive, remember that you'll need to switch an account with 2 DD's on.0 -
hi i wanted to find out how many bank account current accounts or basic accounts do you have or can you open is there a limit of how many you can open?.
If you use them for savings as most of us do, there is Nationwide, TSB, Tesco(2), Bank of Scotland(3) and Santander, all of which credit interest at 1.5% minimum, some permit a high interest regular saver. Add First Direct for the regular saver, HSBC and M&S for the switching bonus and the regular saver. And there are more.
It's something of a bonanza for the fairly well fixed.0 -
hi i wanted to find out how many bank account current accounts or basic accounts do you have or can you open is there a limit of how many you can open?.
There is no simple answer - it depends on your circumstances. Theoretically you could have accounts with every bank - as long as you meet their eligibility criteria to open the account. This is usually minimum payments into the account (some banks exclude internal transfers) so you might need to earn enough. E.g. I couldn't get the HSBC one on offer at the moment as I earn less than needed to meet the minimum payments into the account.
Some banks have requirements to get interest/bonus payments. For example, Bank of Scotland won't pay you interest if you go overdrawn in a month. Halifax needs you to pay in £750, stay in credit, and have 2 active direct debits to get the £3 a month on their Reward account. If you don't meet these criteria you just have a plain old account.
Banks have different rules about how many accounts you can hold with them. Some banks will allow you to have 2 accounts but may stipulate that one must be in joint names.
Why you want more than one account is a different question. Do you want another account to pay your bills? Are you chasing interest or switching bonuses?0
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