 TITLE: Should I Have Multiple Bank Accounts? CONTENT: Drawbacks of Multiple Bank Accounts\n-----------------------------------\n*   **Minimum balance requirements**: Some banks and credit unions require that you keep a certain amount in your account to keep the account open or to avoid a monthly fee. If you don't have enough money to spread out across multiple accounts, it may not be worth the hassle.  \n*   **Fees**: It's possible to find several bank accounts that don't charge monthly fees, but if you decide to choose banks or credit unions that charge them, it can get expensive fast.\n*   **Organization**: It's important to stay organized if you have more than one bank account. It'll be harder to keep track of your money if you have to log in to multiple online accounts to check your transactions. Forget about a recurring payment, for instance, and you may accidentally overdraw your account and get slapped with a fee. END