Question:

Can i have two bank accounts?

by Guest55670  |  earlier

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i am currently with lloyds but want another account with a different company to save in but also hav a proper debit card instead of a cash card that you get with most savings accounts

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5 ANSWERS


  1. yes :)


  2. you can have as many as u want

  3. Certainly.  

  4. Yes, you are free to have multiple accounts belonging to different banks.  

    I have a savings account at a separate bank than my regular day-to-day bank, and it helps me avoid spending my savings by accident (because it's almost too easy to transfer money between accounts at the same bank, especially on-line).

    Also, savings accounts vary depending on the bank.  Some have monthly fees, some have lower interest rates that don't earn you as much.  So in this regard, it is good to shop around at different banks to find a high-interest savings account with minimal fees.  

    Good luck!  

  5. yeah im with three banks right now.

    National City

    TCF

    Chase

    put your savings account in a seprate bank than your checking thaqt you use for expenses

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