how many bank savings account can i have?

[ebaywanton]

Hi, i want to open at least 10 savings accounts this week (UK). Its pretty straight forward, but i was wondering if the banks would get suspicious?

They are all purely for stealth reasons (wouldn't hurt to have 10 back ups aha).

[burbur]

try uaccount. you can have mutiple accounts then.

If you want to withdraw money from paypal try revolut. you can withdraw on their debitcards and you can have 8 at the same time.

you can also try starling monzo transferwise and monese. they all give you a UK bank account.

Highstreetbanks are more relaible but the process is harder

[IGNAS]

Shouldn't be an issue and if they ask just say it's for budgeting reasons.

[SaiJin]

Originally Posted by ebaywanton

Hi, i want to open at least 10 savings accounts this week (UK). Its pretty straight forward, but i was wondering if the banks would get suspicious?

They are all purely for stealth reasons (wouldn't hurt to have 10 back ups aha).

I'd go with checking accounts do a couple in one bank and a couple more in another bank.

[cafonabob1]

How many do you think your prime minister has? Why not 1000's.

[Pandoras_box]

Originally Posted by burbur

try uaccount. you can have mutiple accounts then.

Uaccount does not like mismatched names. They will eventually keep OP's money. It may work for you but there are scores of complaints on the forum and over the internet.
In my team, we currently have ~ 60 accounts but we only use these for paypal limits.

Originally Posted by burbur

If you want to withdraw money from paypal try revolut. you can withdraw on their debitcards and you can have 8 at the same time.

you can also try starling monzo transferwise and monese. they all give you a UK bank account.

This is not sustainable, OP is in the UK remember?

Originally Posted by burbur

Highstreetbanks are more relaible but the process is harder

Yes, high street banks are more reliable and the process is definitely easier.
No ridiculous request to send in IDs or take a self-portrait. The account is usually instantly opened and you're less likely to get hassled or get your money held.

Savers usually don't leave a footprint on your credit file and information isn't shared with other banks or hmrc so you can open a hand full in a short time.

[rsot]

Originally Posted by cafonabob1

How many do you think your prime minister has? Why not 1000's.

Kind of doubtable but along these lines, a few current and a few savings can be opened out over a nice time spread

[ebaywanton]

Cheers guys, i usually go with the high street approach as that is a simple approach and 99% successful.

I hate monzo etc, too complex for my liking, especially with the ID requests.