Is it bad to have a bunch of bank accounts at the same bank?
I have a personal and 2 business accounts with Chase. I like them because since I do my personal banking there, opening a new business account is a breeze, plus I get approved for a $35K limit credit card right away. (Which I do need, I'm using some of these corporations to buy inventory with and I buy 10K+ worth of inventory at a time). The business accounts at Chase are also relatively "cheap" in that the minimum balance is only $1500.
So, the question is, is it a bad idea to keep opening new business accounts there? (All different corporations of course) By this time next year I plan on having like 6 different corporations.
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