No, technically you can open as many bank accounts as you want, providing you meet the bank's requirements. But there's no point in opening a bank account you don't need. Have a careful think about how you can use multiple bank accounts to better manage your own personal finances before you rush into a decision.Jul 13, 2021
Is it bad to have too many debit accounts?
Can you have too many checking accounts? Honestly, yes. Juggling multiple accounts makes it more difficult to keep track of your money, which can lead to costly fees for overdrafts and bounced checks. It's also very time-consuming, as you need to monitor every account regularly.Sep 4, 2020