What are the pros and cons of having 2 different checking and savings account at 2 different banks?
there is really no pro or cons, i have two checking and savings accounts, one that are paychecks are direct deposited and the other (i only opened because when we received our income tax check) the bank was offering $125.00 deposited into your account if you open a checking and savings. so we did just for the $125.00. The bank sent me checks gave me a saving book and since March the money is sitting there because I forgot i have it and forget to put the check book in my purse. Great way to save for a rainy day, they even sent me debit cards which we immediate cut up.
