From cashback to monthly rewards, there are all sorts of incentives and freebies you can get with multiple current accounts. And don't forget bank switching bonuses.
But the more accounts you have, the more admin is required. Plus many account switches and perks require extras like direct debits or minimum deposits each month.
Don't let this put you off! As I share in this video you can automate most of the money transfers. Plus I've got ideas for where you can find extra direct debits if you've run out!
W A T C H N E X T
How many current accounts can you have?
https://www.youtube.com/watch?v=GGv43xcXSX4&t
Reward current accounts
https://www.youtube.com/watch?v=4AATlsytUVU
Banking reviews, updates and more
https://www.youtube.com/watch?v=IApvSkgZTns&list=PLNWBCrN2Fq0AARmL5xf4ryNhmMYIwzl-x
R E A D M O R E
My guide to managing multiple current accounts on my blog
https://becleverwithyourcash.com/how-manage-multiple-bank-accounts/
#Bankaccounts #currentaccounts #bankswitching
MORE
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A B O U T A N D Y
Andy Webb is a money blogger and journalist. He runs the award-winning website Be Clever With Your Cash, hosts the Cash Chats podcast, presented Channel 5’s Shop Smart Save Money and writes every month for Reader's Digest. Andy also founded the community ukmoneybloggers.com.
DISCLAIMER
Content in these videos does not constitute regulated financial advice. Any offers mentioned were correct at the time of filming.