I have a checking, savings, college checking account.
2006-07-05 13:39:59 · 11 answers · asked by Brunette Chick 20 2 in Science & Mathematics ➔ Mathematics
Absolutely safe. In fact, there are benefits. :)
2006-07-05 13:42:21 · answer #1 · answered by Anonymous · 4⤊ 1⤋
Yes. However, if all the accounts are with the same FDIC-insured institution, you may not have them individually insured to the FDIC limit, but only have such insurance on the total amount. For most of us, that is not a problem as the insurance limit is something over $100,000.
2006-07-06 03:13:07 · answer #2 · answered by Anonymous · 0⤊ 0⤋
if they are in the same bank they can take fund out of one account to say pay a check that you do not have enough money for like from your savings account if that bothers put them in separate banks.
2006-07-05 20:49:36 · answer #3 · answered by lcayote 5 · 0⤊ 0⤋
Yes its totally safe.
2006-07-05 20:43:17 · answer #4 · answered by kk_1981 1 · 0⤊ 0⤋
yes, as long as you remember all the important information for each account.
2006-07-05 21:50:57 · answer #5 · answered by elciguy 3 · 0⤊ 0⤋
Yes.
2006-07-05 20:41:59 · answer #6 · answered by Anonymous · 0⤊ 0⤋
if the accounts are safe individually, then they are even more safe together, because you don't have all your eggs in one basket
2006-07-05 21:03:02 · answer #7 · answered by enginerd 6 · 0⤊ 0⤋
Yea, it doesn't matter as long as you can keep up with all the accounts you have.
2006-07-05 20:51:36 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Absolutely. You can have them linked to access all from your ATM but I prefer to keep one unlinked so I don't get into it as much.
2006-07-05 20:44:17 · answer #9 · answered by shoppingontherun 4 · 0⤊ 0⤋
Yes, it's safe. And good for you! :-)
2006-07-05 20:43:53 · answer #10 · answered by wondering in michigan 4 · 0⤊ 0⤋