text: are you allowed to have more than one checking account? a friend of mine is wanting to open up another one with a bank and i could not tell her if that was possible or not yes, but i would suggest using the same bank. the reason: let's say you want to transfer some money from one account to another, if your money is in two different banks, you either have to write a check from one to the other, or take out cash. both can be a pain if it is a large amount. with both accounts in the same bank, you can easily transfer your money online, and usually without a fee. hope this helps your friend.