How Many Bank Accounts Should I Have? [Checking & Savings] Story

[{"selector":"#anim-a19cf636-8e76-4a51-a414-2397e7823fc8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.2687498863395%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-150ebaf4-286b-4b43-a104-458526d0a26d","keyframes":{"opacity":[0,1]},"delay":450,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d1a2580b-c1d3-4ef1-b395-f6f0156533db","keyframes":{"transform":["translate3d(114.87342%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":450,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] How Many Bank Accounts Should I Have? [Checking & Savings] Learn more

[{"selector":"#anim-bb51dd20-5258-46e8-b8fa-8edfa169e623 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0, -4.545453993821702%, 0)","translate3d(0, 0%, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-0a783f56-f93e-4908-a4af-d2bdbb2ff0a4","keyframes":{"opacity":[0,1]},"delay":450,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-186d628a-2912-406f-9b9d-6c4a3d8ef3cb","keyframes":{"transform":["translate3d(0px, -123.45173%, 0)","translate3d(0px, 0px, 0)"]},"delay":450,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e7cfe893-0a78-4963-93b7-3c5a5ec4a688","keyframes":{"opacity":[0,1]},"delay":450,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-02fb3c43-651f-494b-8d7c-d0f0881a95ab","keyframes":{"transform":["translate3d(0px, -125.79207%, 0)","translate3d(0px, 0px, 0)"]},"delay":450,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] How many bank accounts should you have? This is a question that often brings up a lot of debate. Some people are adamant that you shouldn’t have more than one while others believe in having many for different purposes. Learn more

[{"selector":"#anim-3c0d1d99-0501-4122-b3ff-b98ceb9b1d8d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-30.5859373864035%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-134fe33f-8375-477a-952a-8b6028b041a5","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2e99ad32-a87b-4c70-b3ea-fdd396e9baa7","keyframes":{"transform":["translate3d(-94.51371%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ad42dd9f-53b2-4b2d-a734-45f02d5c17c0","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d5c3bfeb-d97f-407a-a43b-b23eedaef917","keyframes":{"transform":["translate3d(-115.45741%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a405b0e1-e600-4e59-9849-c9a9d598b3d9","keyframes":{"opacity":[0,1]},"delay":900,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b1061a8f-b8d3-4058-abff-5c04b442cc99","keyframes":{"transform":["translate3d(-88.61386%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":900,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5b4f8fbf-a81b-4dfe-b8d6-eb1f97993750","keyframes":{"opacity":[0,1]},"delay":900,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eca92d88-0173-494d-8d15-7e2aee22ed6b","keyframes":{"transform":["translate3d(-117.76316%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":900,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] How Many Bank Accounts Should I Have? As with most things in the world of finance, the number of bank accounts you should have will vary based on your unique circumstance, needs and preferences. Learn more

[{"selector":"#anim-e944b4b0-18c3-4227-9dbb-ceeb53ba1a10 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(37.63921818354478%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-d6dab962-ed37-4526-a827-99554605bebc","keyframes":{"opacity":[0,1]},"delay":450,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-48bb22fb-8fcd-4fe6-8287-6718926dcedf","keyframes":{"transform":["translate3d(93.95466%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":450,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2915214a-86ca-46af-9f6a-287499bba4de","keyframes":{"opacity":[0,1]},"delay":450,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8ebd7877-ec5c-41bd-811b-ae682722b24c","keyframes":{"transform":["translate3d(116.92791%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":450,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-05eaa477-5858-4759-bb1d-877ac2f0701d","keyframes":{"opacity":[0,1]},"delay":900,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-84975b81-9f63-46f6-8b37-2714b4a29066","keyframes":{"transform":["translate3d(82.56070%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":900,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-02bca8c0-8ea1-43f6-aeb4-41c716032387","keyframes":{"opacity":[0,1]},"delay":900,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c97000e4-956b-4989-9c59-7eb09bd9dfb2","keyframes":{"transform":["translate3d(115.28663%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":900,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] What is a Checking Account? A checking account is a type of account held with a bank or other financial institution which accepts demand deposits, or accounts which allow for withdrawals and deposits on demand. Learn more

[{"selector":"#anim-2d9dcaa1-0551-49d3-b588-fb3a0ba94258 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0, 6.14035087719298%, 0)","translate3d(0, 0%, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ea94f71c-ecdb-4cbe-b95c-cfaf9f5d8712","keyframes":{"opacity":[0,1]},"delay":450,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-02e85ec9-4cc6-4f28-9156-f1306313906c","keyframes":{"transform":["translate3d(0px, -146.87831%, 0)","translate3d(0px, 0px, 0)"]},"delay":450,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b0b48840-ed26-4b3c-b11b-5833ad0c01b1","keyframes":{"opacity":[0,1]},"delay":450,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d2316a99-bb9d-44a1-afe0-08cf05b632a6","keyframes":{"transform":["translate3d(0px, -150.63914%, 0)","translate3d(0px, 0px, 0)"]},"delay":450,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4c321ba6-8df5-43d7-852f-5ed790ffad52","keyframes":{"opacity":[0,1]},"delay":900,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-39d9b40c-b59e-4cb9-861d-1ff47b8d7237","keyframes":{"transform":["translate3d(0px, 170.98416%, 0)","translate3d(0px, 0px, 0)"]},"delay":900,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5a7f5218-8d57-4cc5-a35d-f62f7d7cc602","keyframes":{"opacity":[0,1]},"delay":900,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ddf183ca-1795-433d-bd0a-ee0d7accc23b","keyframes":{"transform":["translate3d(0px, 196.68211%, 0)","translate3d(0px, 0px, 0)"]},"delay":900,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] What is a Savings Account? A savings account is a type of bank account that pays interest on what is deposited, and allows for withdrawals only under certain circumstances. Learn more

[{"selector":"#anim-87b1a7e7-b28c-4aa8-b80f-407b218824ed [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.11833834723527%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-16549f49-8a88-43a0-84ca-661a6f18ec67","keyframes":{"opacity":[0,1]},"delay":450,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2229127e-8515-48ee-9fd5-ebd0bae9a485","keyframes":{"transform":["translate3d(-96.39279%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":450,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-770b90e2-3758-4147-8583-116f5b8b9261","keyframes":{"opacity":[0,1]},"delay":450,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-46c3f1db-5b78-4b75-9fd3-7d8b7c4aba46","keyframes":{"transform":["translate3d(-115.14196%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":450,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3fc1a658-df39-48f8-83f9-cdac42109adf","keyframes":{"opacity":[0,1]},"delay":900,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a9e2db87-dade-4c57-800c-fb1ae092f7d2","keyframes":{"transform":["translate3d(96.72489%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":900,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c72605de-ff2f-47d8-8731-0ec581fcf0be","keyframes":{"opacity":[0,1]},"delay":900,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-38d643c8-320b-401d-a6fc-cf2a53fd742c","keyframes":{"transform":["translate3d(114.96816%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":900,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] When Should I Open A Savings Account? You should open a savings account when you want to save money for the long-term without worrying about accessing your savings often. Savings accounts are great when you don’t need that immediate access and can afford to have more of a wait time in order to grow savings without having any penalties or fees attached. Learn more

[{"selector":"#anim-173961d3-a685-4191-b07d-830df9dbf517","keyframes":{"transform":["translate3d(-115.2381%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f9719f54-9a2d-42ac-b42f-b53b1acde6fd","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c68697f1-2ced-4610-aec3-c1123fcd5a41","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] SWIPE UP FOR MORE ABOUT How Many Bank Accounts Should I Have? [Checking & Savings] Learn more

[{"selector":"#anim-f7818995-bd3d-4617-95e5-5057e6da9f6c","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a19680f3-0b60-491a-b272-fe6f85a1f0d6","keyframes":{"transform":["translate3d(0px, -238.15521%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-537cd05d-d2cc-4f71-a78f-d3bfa33ab167","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4b10998d-dcef-4296-936a-871f911154c0","keyframes":{"transform":["translate3d(-121.60495%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-02f750d7-a08d-4ece-9255-d52988903543","keyframes":{"opacity":[0,1]},"delay":300,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eb738f5c-bb2b-4f6a-8e19-8a56d8b290b8","keyframes":{"opacity":[0,1]},"delay":200,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7fef53c7-7c6b-4fc2-8636-2f1be4c86961","keyframes":{"transform":["translate3d(-122.49999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6ecee15e-d9c7-425d-a1e4-fe1ea3fd6f80","keyframes":{"opacity":[0,1]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dcda7a8a-7702-45c8-8b2f-88cc786f30c0","keyframes":{"transform":["translate3d(-191.04478%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-701f4e5b-f9a9-4422-a927-10f785099d30","keyframes":{"opacity":[0,1]},"delay":600,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e120a5e5-a818-4b6b-ab35-bd05e27b5230","keyframes":{"transform":["translate3d(-121.4724%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4c285755-3565-4d17-ada1-0c0c82b76af5","keyframes":{"opacity":[0,1]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-49aef598-b80e-43ba-8ab8-69b7ce86194f","keyframes":{"transform":["translate3d(-121.87501%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c1e85f31-ea42-4678-a57b-0f6e7a2b4940","keyframes":{"opacity":[0,1]},"delay":900,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cf65c461-ae0a-40f8-8b0b-4eaf4d1f89cb","keyframes":{"opacity":[0,1]},"delay":1000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f64d758f-09cf-415d-8045-b52bfd63a2d5","keyframes":{"transform":["translate3d(-193.03482%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d56fd569-5ec1-455a-a1c9-f14a840bc828","keyframes":{"opacity":[0,1]},"delay":1200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5c7e9009-853e-4a4d-93d9-5b93ff0a7677","keyframes":{"transform":["translate3d(-121.60495%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-46cc7304-60fc-4e42-aeed-7145e2619a35","keyframes":{"opacity":[0,1]},"delay":1500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-119a959e-8ca8-470c-a090-419694d94e86","keyframes":{"opacity":[0,1]},"delay":1700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2d1ad96e-a6a9-4cc6-b91b-0f53970c4fc6","keyframes":{"transform":["translate3d(-193.53234%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4e7e171f-5a53-470f-9643-952de082f750","keyframes":{"opacity":[0,1]},"delay":1400,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-103cf074-299d-42b6-8492-cbc700871a29","keyframes":{"transform":["translate3d(-122.49999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1400,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] OTHER STORIES 10 Banking Apps for Kids & Teens [Teen Banking & Debit Cards] Opening a Child Bank Account with Debit Card [Kids’ Debit Card] How Old Do You Have to Be to Open a Bank Account at Bank of America?