Why do people have multiple bank accounts?

If you're asking why someone would have multiple banks, for example, your spouse may have a different bank with a better joint account package fit for you two, so you may have the joint account at that bank. read more

Reasons to Have Multiple Savings Accounts. The ease of opening online bank accounts allows you to open multiple savings accounts within minutes, either with the same financial institution or spread out among several. Doing so might make sense for you for the following reasons: You Have Multiple Savings Goals. read more

OK, here is the nitty gritty of why I have multiple bank accounts and I think you should too. Security is a big issue these days. People are getting their identities stolen left and right, but bigger than that is credit/debit card fraud. read more