Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Personal Finance
Finance Discussion Forum

 Have you ever won the lottery for at least a million dollars?
If so, how has it affected your life. What are the pros and cons? What would you change about the cons if you could? Everyone wants to be rich but what really happens behind the scenes when you do ...


 I am single and owe about $8K on credit cards. Who pays it if I die?
...


 What is the best way to fix your credit and raise your credit score?
...


 I need an unsecured personal loan of £1,000.00 but I have extremely bad credit rating. Any suggestions?
I need a personal unsecured loan for a thousand pounds but my credit rating is extremely, extremely bad. Does anyone out there know of any loan companies that will grant me this loan with my bad ...


 Is there anyway I could raise money to help pay for my Prom?
I want to help pitch in for the limo, and then my dress and things. It's really stressful and I want to go, but this money situation is kinda making me want to change my mind....


 EBay!!!! should be rip off bay?
Has anybody else been riped off by someone on ebay. And after contacting ebay for HELP, they just brush you under some carpet ( out of sight out of mind ).I paid someone (almost said a lady) £80 of ...


 How do i raise money to get me a dog?
I will cost $450 and im only 14 so i cant get a job...and i need one before christmas day!
Additional Details
I already have one dog and i can afford VERY easily to take care of it and ...


 My neighbour lost a large sum of money and I found it?
where should I invest it, stock market, property or go safe with a bank?...


 Are those online 'Work at home" jobs really true or they are just cheating?
I wanted to earn more side income at home and I noticed there are a lot of these online survey forms to fill in, or home typist job offered in the internet. They are too good to be true. Just wanna ...


 How to earn money when your a kid?
I need ...


 Debt Collectors - harassing family?
Can a debt collector call, harass would be a better term, a family member of the debtor in order to collect a debt? How could the family member get the collecter to stop calling. They have already ...


 Is £60,000 a year a good salary?
One of my parents makes that a year.
Is that a good account of cash a year or not.
Thank you

Salarys converted:

£60,000 United kingdom
$121,921 United states
...


 How to start on saving money?
iam a student of 16. i often get pocket money from my parents, at least 4-5 pounds a week, just at random. the problem is that i like to spend it off on something. i can't resist but get into a ...


 Can you give me £5?
I wouldn't ask if I really didn't need it.

I am seriously short of money, I can just about afford £6 on food this week after paying off all my bills and rent.

Ok sure ...


 Would you ever have a 'joint' bank account with your spouse?
I heard in the news that a country music singer's (not into country so I can't think of her name...) husband took 245k from that account after learning of impending divorce......


 Satisfaction in your job is more important than the money you earn?
Do you agree? Why?...


 Net worth at age 22?
What was your net worth at age 22. And, when did your net worth cross that 20k mark? assets+equity+cash+investments- DEBT...


 I have just sold an item on ebay;. Paying funds into account - is this a good idea?
Let me explain. The buyer has offered to put funds straight into an account rather than send me a cheque. I've never done this before. It sounds sensible. Is it ok to do this - give out account ...


 I have 100k in the bank...?
can I consider myself to be wealthy?
Additional Details
thank you deadman...your answer can only mean one thing......


 Need to make money quickly! help please!?
Well, im a teenager and I cant seem to get or find a job. I have rent to pay, car payments, insurance, and etc which comes to about 1,000 dollars a month. I need a way before my credit goes horribly ...



Erick Ramirez 1978
Can anyone have more than a checking account?
Lets say I have a checking account in washintong Mutual, then there is a good offer from wells fargo and I want to open an ccount with them, yet I'm being toll That bank of America gaves better credits to his customers, so can I keep my first checking account with Washintong Mutual, get the one with Wells Fargo and yet try to Bank of America?
                     
 




Fall Down Laughing
Rating
You can have as many checking accounts as you have money for.


oldmoose2
Rating
Sure can. It all depends on having money to put into them. Just watch out that the fees for the accounts don't add up to more than you're making from the promotions. Also be prepared to deal with many statements and possibly many 1099's for your taxes.


sugarbdp1
You can do as you please but you gotta keep up to date with all the banks otherwise you get certain fees and they add up


Aaron J
Rating
THEIR IS NO LIMMIT TO HOW MANY ACCOUNTS ONE CAN HAVE, ITS UP TO YOU


mel
Rating
checking accounts are a convenience. If you can access your cash thru cash stations owned by your bank, good for you. Also, another factor would be online access, where you can transfer funds from checking to savings and vice versa.
Credit amounts is not a factor.. Credit is determined by how much you make and how much you owe. The more you make and the less you owe, the better credit you'll get.


the brain
Rating
yep u can get them all but with wells fargo and b of a you need direct deposit to make them free


stinkicheezman
as long as you have the $$ for all these accounts go for it.. who's stopping you there is no law...they will ID you each place though... the Patriot Act after 9/11


Lori A
I have checking accounts with three different banks at the moment plus 3 business accounts. Yes you can have accounts with different banks, but for most people its a bad idea. I would rather not do it. Unfortunately we do business in several states and no one bank serves all of them (well one does..Chase and they suck).

It becomes a hassle remember where your money is and having to move it back and forth.

Quite frankly, there would be little advantage to it either. The days of floating checks between accounts to "fudge" on money are over thanks to the new Check 21 laws that mean almost all the big banks can clear checks the instant they have it in their hands!

I do most of my banking with Washington Mutual and here are the reasons why:
1. They were the only bank in my area with truly free checking.
2. I can use any ATM anywhere in the world and not only does Wamu NOT charge me a fee, but they refund immediately any fee assessed by the other bank's atm machine.
3. Their overdraft fees are $5 lower than the statutory limit in my state (and they are the only bank I know of with the lower fee).
4. I get free checks
5. I don't get charged $6 a day if my account is overdrawn, and there is no interest charge on the overdraft protection.

They would be my only bank if they had branches in Louisiana, but they don't.

So..what matters to you? I'd pick a bank based on how well they fit into your plan. Just be sure to read the small print. I thought Compass had free checking too, but they lied. ATM fees are rebated only if you MAIL them the receipts, and they pulled a bunch of stunts and have hidden fees all over the place.

So....again...if you never make a mistake in your account, then most banks will be cheap, but check out the atm fees. Few are truly free anywhere.


Elana
Sure, you can have as many as you like.

Note, however that many checking accounts have "strings" attached.
Things like you have to have a minimum balance or you get charged
a service fee, etc.

Each bank will report the account to the IRS - so if you have an account
that generates any interest, you'll be collecting things at the end of
the year to send off with your 1040...

If you can keep'em all straight - go for it!


Brad
Yes you can have as many as you want!!!


gregthedesigner
Rating
you can have as many as you want. The banks aren't linked together in any way. But there is a greater chance that you could screw up your credit if you get mixed up and start overdrafting.


dreamer
Rating
That is very possible. But I dont think Wells Fargo has a better offer than the Washington Mutual. That is also the easiest way to track your payment. You are keeping 2 checking account because one is for bills and one is for your mortgages/rent.


jeepwrangler51
Rating
Can anyone have an IQ over 100?


?
you can have as many checking accounts as you'd like~as long as you have sufficient money to cover the checks


'Barn
Sure you can! Go for it - there is no law stating you cannot.


Darby
You can have a gazillion accounts, but a lot of banks require a minimum balance and have high monthly service charges, so you can find yourself going in the hole mighty fast. Where are you going to deposit your paychecks. Oh, checks for each account also can cost a lot of money. Maybe you should look into have a money market or savings account and spread your money around that way. Do some research, think this through and make a decision.


ROB. B
Rating
You can have a checking account with 25 banks as long as you have the money to open them.. I've got 4, all it takes is money... ROB


mdboomskwad.mc4u
You can have as many bank accounts as you want with as many different banks,it is your choice they can not do anything about that, but you may consider the fact that if you put all your money in the bank that gives the most interest you will make more money as per spreading it around. Good Luck!


psoeffing
You can have as many checking accounts as you like


romantemple16
yeah, you can even have several checking accounts at the same bank: one for "John Public" one for "John Q. Public" one for "J. Quincy Public" etc.


janicajayne
Rating
Yes.


Johnny
You can have as many as you want from different banks only although it looks really suspicious if you ever get a background check for a new job or something


Hey Sweetie
Rating
No the law says only 1 account per person


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.054
Copyright (c) 2011 Financial Crisis Monday, May 28, 2012 - Terms of use - Privacy Policy