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    I have 12 accounts across 6banks is that too much
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    No
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    Why that much though???
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    (Original post by kkboyk)
    Why that much though???
    Interest
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    It's quite a lot but if you can keep up with them all and are getting interest then why not?
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    no you are really restricting yourself by only having 12.
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    I just about manage two. :eek:

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    One is ideal, two is manageable, three is pushing it....and twelve? At twelve you have a problem. Consult your psychiatrist.
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    (Original post by Withengar)
    One is ideal, two is manageable, three is push it....and twelve? At twelve you have a problem. Consult your psychiatrist.
    Actually, it's wise to spread your money around.
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    (Original post by littlenorthernlass)
    Actually, it's wise to spread your money around.
    12 is excessive I have two debit cards and one credit card
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    (Original post by gino0753)
    12 is excessive I have two debit cards and one credit card
    I have a HSBC current account
    HSBC saver
    TSB current account 3% on1.5k
    TSB e saver
    TSB everyday saver
    Santander student 3% on 2K
    Nationwide 5% on 2.5K
    NatWest savings builder 1.5%
    Tesco bank 3% on 3K
    Halifax everyday saver
    Halifax help to buy isa 4%
    Halifax black credit card 0% up to a £1000
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    I don't know whether that is looked down on by creditors. Your credit report will certainly look a bit complicated.
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    (Original post by niteninja1)
    I have a HSBC current account
    HSBC saver
    TSB current account 3% on1.5k
    TSB e saver
    TSB everyday saver
    Santander student 3% on 2K
    Nationwide 5% on 2.5K
    NatWest savings builder 1.5%
    Tesco bank 3% on 3K
    Halifax everyday saver
    Halifax help to buy isa 4%
    Halifax black credit card 0% up to a £1000
    Do you have the interest rate information for those without the information?

    I'd dump the Natwest Savings Builder since i would not save in an account paying less than 3% interest. Go for corporate bonds.
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    Are you okay?
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    (Original post by Sternumator)
    I don't know whether that is looked down on by creditors. Your credit report will certainly look a bit complicated.
    My credit rating is 5/5
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    (Original post by niteninja1)
    My credit rating is 5/5
    I suppose quite a lot of those are savings accounts that wouldn't show up on a credit report.
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    (Original post by Rakas21)
    Do you have the interest rate information for those without the information?

    I'd dump the Natwest Savings Builder since i would not save in an account paying less than 3% interest. Go for corporate bonds.
    1.5% is still good for a risk free investment. Of course you get better returns with corporate bonds but you have to take on risk to do it.
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    (Original post by littlenorthernlass)
    Actually, it's wise to spread your money around.
    Not really. Are you expecting another Northern Rock?
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    (Original post by niteninja1)
    I have 12 accounts across 6banks is that too much

    I have 13+ so you're actually underachieving
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    (Original post by Jennie1987)
    I have 13+ so you're actually underachieving
    I only have two, but each in a different country. Beat that.
 
 
 
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