You can have more than one bank account. You can have multiple checking and/or savings accounts at various banks and credit unions. Having more than one bank account doesn't affect your credit score. You should only make sure to check that you can meet the minimum requirements for any new account that you open.
Hi! Thanks for writing! Yes, you can have more than one bank account at the same bank or credit union - and you can have more than one bank account at different banks. I find it useful to have a local bank or credit union that I can physically go into and talk to a person if I have a special need or question. At that institution, I would suggest opening a checking account for your day-to-day cash flow needs and a savings account where you keep emergency fund money or savings for a special purpose. In addition to a local bank, I like to have an online-only national bank that often offers special deals and services - like Etrade or Navy Federal Credit Union or many others out there - where you could open an account that might pay a slightly higher interest rate. Keep in mind that in our low-interest rate environment no institution pays high rates, but you want to do the best you can.
Wallet Hub has a great comparison site to find the best bank for you. Be sure to make sure you understand the fees minimum balances that may be associated with the accounts you open. Best wishes to you!
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