29 Oct 2015

A question about : How many current accounts can you have?

How many current accounts can you have?

Can you have current accounts at different banks?

For example, could I open up different current accounts at different banks in order to qualify for some of their offers? e.g. Halifax Ј5/month, First Direct introductory offer.

I know many stipulate that x-amount is required to be paid into these accounts to qualify for these perks. However, is it possible to transfer this amount from other accounts (held elsewhere?).

Best answers:

  • You can have as many current accounts as you like, and are accepted for at as many banks as you like.
    For some of the perk accounts you can transfer the required money across from other accounts, I think some may want to see it is your main account (eg money coming in and DDs etc being paid out each month, not just a transfer in and out.
    Might be better asked on the bank account board here - https://forums.moneysavingexpert.com/...splay.php?f=20
  • Thanks.
    I wasn't sure where this should go.
    Could one of the mods move it please?
  • You can have as many has you like ... I had about 6 at one go... started to close them recently and I have about 3 left, though I am looking to close one more.
  • May I ask why you are closing them?
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