opening multiple savings accounts ?

[steveo3002]

what with the interest rates changing ive already moved savings into a new account and suspect in the following weeks i will need to move again and start yet another account elsewhere

does repeatedly opening /trying to open new accounts cause any issues , guessing they run some sort of credit check etc? or crack on and open as many as you like?

[mdavids]

To take advantage of various regular saver accounts (which have been the only way recently to get decent rates) I've ended up with 7 current accounts and multiple savings accounts of different types. It doesn't seem to have affected my credit rating at all.

[Tagteam]

I have quite a few , the really annoying one is Tesco - where you need to keep opening a new one to get a better deal. They won’t just transfer across.

[oldaudi]

I’ve got 5 with HL using their active savings accounts. Various terms and interest rates, as they mature I move them to another. Managed alongside my ISA stock and shares and my funds and shares account on their platform.

5.05% on some of their accounts. Inflation ruins any interest of course but whilst it’s locked away for a fixed term it stops me spending it on rubbish

No impact on my credit rating with ClearScore