Wednesday, April 4, 2007

How many banking accounts are too many?

How many Checking, Savings, CD, and Brokerage accounts do you have?

We, for one, maybe have too many! We have checking accounts with Chevy Chase Bank, Citibank, HSBC Direct, and BB&T, and Savings accounts with Citibank, ING Direct, Emigrant Direct, and HSBC. We have 4 CD accounts at ING Direct (2), Emigrant Direct, and Chevy Chase Bank. We have one or more accounts with each financial institution. We have brokerage account (ONE account) with Ameriprise. So far, we have been happy with our selections. Our accounts with HSBC and BB&T were opened for our funds to chase promotion money and better rates! I think why don't I get our money work harder by earning this free money.

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