is it good or bad to have lots of bank accounts at different banks? and Swiss Bank

is it good or bad to have lots of bank accounts at different banks?

I have 6 bank accounts divided between 3 banks. Is this good or bad? I'm not sure if I should shut a couple of them, and if I do will the banks give me hassle about it? They have each tried to persuade me to move my other accounts over to each of them when ever I mentioned that I have other bank accounts.


bank best answer:

Answer by loutx5
No. Yuo only need 1 bank for checking. You might have 2 or 3 for Cd's. You need to shop around for CD rates. Bank of America CD rates suck. Ally Bank is pretty good.

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Swiss Bank


Image by Kecko
A little like Fort Knox. The secured entrance for bank clerks in St. Gallen, Jun 4, 2006.

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