The ideal number of bank accounts to have generally ranges from three to five, depending on individual financial needs and habits. A common recommendation is to have two to three savings accounts and one to three checking accounts. For example:

• At least one checking account for daily expenses.
• One savings account as an emergency fund with three to six months of living expenses.
• Another savings account for specific goals or big future purchases.
• Additional checking or savings accounts can be used to separate spending by category or purpose, such as joint accounts with a partner or accounts dedicated to discretionary spending and bills.

Having multiple accounts can help organize finances, set goals, and improve budgeting, but too many accounts may complicate management and increase risks or fees. Naming each account with a clear purpose and using budgeting tools can help maintain control. Overall, the number depends on personal circumstances, and some financial advisors suggest tailoring accounts to financial goals and lifestyle.