are two bank accounts on different banks better than one?

[chadix24_7]

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what's your say on this?

example: you have a bank account at metrobank and you also have a bank account at equitable...

[coiner]

its depends on the movement of your accounts. there are people stick into one account and make it very "liquid'. some people also maintains accounts on other banks for them to use it in the future, say, loans, if other bank will not grant them...

in my views:

one account: advantages: low maintaning balance, low opening account, easy monitoring
more than one account: advantages: more bank relationships, easy access to other banks which other bank cant offer/dont have services

[katrina]

depends on how much u deposited in the bank
if dako kaau imo kwarta,
mas maau if lahi2x nga banks.
mas dako man gud imo risk if u put all ur eggs in 1 basket
but metro and equi are very good banks ^^

[coiner]

MBTC is the largest bank, next is BPI, third is EPCIB.... I dont know whose the largest now, BDO (Banco De Oro) merged with EPCIB... For me, the two banks are stable. Katrina is right, kng daku imong kwarta, better having many accounts/banks... pero kng gamay ra, usa lang tingali, ok na...

[chadix24_7]

unsay maayo. atm or passbook, or atm and passbok both at the same time?

[coiner]

ATM with passbook require bigger opening and maintaining balance. If you are always online, ATM is ok. You can enroll your account in the internet and this will serve as your passbook where you can monitor your INs and OUTs of your account. Also you may use it for any online transaction. But if your seldom online, ATM and passbook imong i open. And if your purpose is for savings, passbook lang jud ka para dili ka kawidraw anytime...

[recanada]

ako guiding level nimo should be the PDIC guarantee so if mas dagko na imo transactions, dapat disperse na nimo to play safe.

[--Makoy--]

for me, i find it much better if i have two separate accounts in differents banks. i actually have 2 right now

[joanex]

each bank has its own unique services offered to the client...yes it has different interest rate to its savings an loans. If you save try to look at the bank back ground.

[miramax]

Which bank you can recommend for safekeeping or TD account & the likes, as long as bearing high interest, and definitely free from inflation. I've heard that BPI top's to be the no.1 in the list? Is it true ?