Why do some people have so many bank cards? Watch

cbaforcba
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Working in a shop you realize how many bank cards some people have, I guess it's the same for most people, but why do some people have so many and so many with different banks as well?

Obviously I get that people have cards for a savings account, bills etc, but why else? Also as I said, surely it would just be easier for these people to just use one bank rather then different ones.
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claireestelle
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(Original post by cbaforcba)
Working in a shop you realize how many bank cards some people have, I guess it's the same for most people, but why do some people have so many and so many with different banks as well?

Obviously I get that people have cards for a savings account, bills etc, but why else? Also as I said, surely it would just be easier for these people to just use one bank rather then different ones.
I'd presume joint accounts with partners and could be credit cards with various providers as well. I have 3 cards for the same bank, joint, my own account and a credit card.
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sknudson
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It's not unusual to be walking around with a few credit cards nowadays. I have a couple myself. Debit cards at different banks would raise my suspicions a bit.

You'll find a lot of people share their debit cards for contactless as well. I couldn't tell you the amount of people who got in a strop about having to use their personal card because someone else's contactless wasn't approving the transaction and they didn't know the person's PIN. The bill splitters are really annoying, too. Part cash and part card isn't worth your time in the slightest.
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londonmyst
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I'm a bit of a collector; nine credit cards, five debit cards and three link cards for savings accounts.
Mostly for the interest free deals/overdrafts and multiple banks in case one banking group has technical problems that affect getting access to funds.
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Muserock
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I like to manage my money with separate 'pots' to help with savings so normally they come with a card. I have a 'pot' for car repairs, holidays etc.
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Salostar
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As others have mentioned, for various reasons.

I've got a handful myself including for my personal accounts (debit and credit), a savings account, a joint account and a company/business card... Although I tend to leave the savings card at home and rarely use credit (usually for a major purchase),
(Original post by londonmyst)
.. and multiple banks in case one banking group has technical problems that affect getting access to funds.
Which always seems to be the same bank and usually around pay day :rolleyes:
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Zasty
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lol they're on job
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londonmyst
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(Original post by sknudson)
It's not unusual to be walking around with a few credit cards nowadays. I have a couple myself. Debit cards at different banks would raise my suspicions a bit.
I have five debit cards from five different banks and four different banking groups.
RBS group are a nightmare for current accounts and savings but their credit cards never have any problems.
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sknudson
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(Original post by londonmyst)
I have five debit cards from five different banks and four different banking groups.
RBS group are a nightmare for current accounts and savings but their credit cards never have any problems.
Yikes. Do you carry all of those cards around with you? If you were to come into the casino I was managing at the time, then you'd have been questioned about it and probably asked to leave if things seemed suspicious. Floor staff are on the lookout for money launderers to keep criminals out (one of the objectives of the Gambling Commission) and having that many bank accounts would raise alarm bells everywhere.
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Retired_Messiah
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-Joint accounts on top of private
-credit card or two
-store cards (like credit cards but niche)
-some younger peeps have their old bank account they had in school on top of their student account
-some business do company cards for exmployees to bung the expenses on
-according to this thread some savings accounts apparently have cards too (every day's a learning day)

they everywhere dude
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cbaforcba
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Yeah, I mean I am only 19 so really only need my one debit card, but keep on having intentions of opening a savings account, but I guess all the cards come in use when you get older
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londonmyst
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(Original post by sknudson)
Yikes. Do you carry all of those cards around with you? If you were to come into the casino I was managing at the time, then you'd have been questioned about it and probably asked to leave if things seemed suspicious. Floor staff are on the lookout for money launderers to keep criminals out (one of the objectives of the Gambling Commission) and having that many bank accounts would raise alarm bells everywhere.
No, I can't fit them all into one wallet.
Or even three.
Too many bank, student and discount cards.

My debit cards don't get outings to casinos, they are usually perilously close to exceeding agreed overdraft.
Luckily I don't gamble, I love the casino atmosphere but I've got enough debt as it is.
In January, I got lumbered with being appointed as MLRO at a management services consultancy I sometimes do freelance work for.
First I heard of it was when an evil client asked for me apologized for forgetting to send over his new passport number, then creepily tried to invite me out to dinner. When I checked his file, all his "paperwork" was obviously photoshopped. Lol
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BlueIndigoViolet
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know a few people who collect cards to get air miles...
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Chronoscope
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There was this girl in my class last year and when we were on a trip she made everyome guess which cards there were (think she liked shopping alot). Literally though she had cards for every shop possible - morrisons more, sainsburys, tesco, etc.
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