How do I manage multiple bank accounts?

You’ll use the same basic financial practices to manage multiple bank accounts as you would manage only one, from balancing your account to sticking to a budget. However, there are a few best practices to keep in mind as you add bank accounts to your portfolio: Use the right debit card.

Should you have multiple savings accounts?

Having multiple savings accounts can help you save toward specific goals. Many banks offer branded savings accounts, like vacation and Christmas-themed accounts, to help you stash money away throughout the year outside of your emergency savings.

Should I Keep my checking account at a different bank?

Having your checking account (and emergency savings) at a different bank than where you keep your long-term savings accounts can help you stay on track with your savings goals. By keeping your savings account at a different bank, your funds will be less easily accessible and encourage you to avoid touching it, so your money can grow.