Advice On Multiple Bank Accounts - Home Ownership
Hey everyone,
recently i was thinking of opening a second bank account to have some of my money out of reach and reaping some benefits from a different banks benefits. Alongside i thought it was would be smart to have a relationship built with a second bank in-terms of money coming in and out as eventually i will want to buy a home.
Currently for most of my life i have been banking with one big five bank (canada) which has everything, credit card, chequing , tfsa, line of credit etc.
Would it be smart to open for a example a chequing account in another bank and either close or leave the one i have currently inactive (reason is other banks have zero fees alongside building new rep) or would this hurt my chances of getting a home later as incoming paychecks wouldn't show on my main bank account anymore. (would simply have tfsa and credit card).
what is everyone's advice or current situation with one to many banking situations. (nothing specific needed as it can be personal)
thanks!
recently i was thinking of opening a second bank account to have some of my money out of reach and reaping some benefits from a different banks benefits. Alongside i thought it was would be smart to have a relationship built with a second bank in-terms of money coming in and out as eventually i will want to buy a home.
Currently for most of my life i have been banking with one big five bank (canada) which has everything, credit card, chequing , tfsa, line of credit etc.
Would it be smart to open for a example a chequing account in another bank and either close or leave the one i have currently inactive (reason is other banks have zero fees alongside building new rep) or would this hurt my chances of getting a home later as incoming paychecks wouldn't show on my main bank account anymore. (would simply have tfsa and credit card).
what is everyone's advice or current situation with one to many banking situations. (nothing specific needed as it can be personal)
thanks!