Is it weird to want to create a secret bank account?

Thinking about a private bank account is a fairly common thought, often stemming from a desire for personal financial independence or a sense of security. Many individuals consider this for various reasons, from saving for a surprise purchase to establishing a personal financial safety net separate from shared finances. It's a natural inclination to want a degree of control over one's own money, even when in a committed relationship.

A 2023 survey by CreditCards.com found that 34% of Americans in a relationship admit to having 'secret' money or accounts their partner doesn't know about.

See other perspectives

Am I the only one who has thought about creating a secret bank account?

Am I the Only One?

Does everyone consider creating a secret bank account?

Does Everyone?

Is it normal to consider creating a secret bank account?

Is It Normal?

Why do I want to create a secret bank account?

Why Do I?

Real stories from the community

Sometimes, you know, you get to a certain point in life, and you just THINK about all these decisions you’ve made, like that BIG inheritance I got years ago. …

financial hiding

I, a sixty-eight-year-old woman, am still allowing my parents to pay for a significant portion of my monthly rent. …

financial hiding

The thing is, I found out she won the lottery. …

financial hiding

I feel like an absolute fraud, and it's eating at me more than I care to admit, I guess. …

financial hiding

You know when you do something, and you know it’s bad, but it’s like a secret little comfort that you can’t let go of? …

financial hiding

Frequently Asked Questions

What are common reasons for having a hidden bank account?▾
People often open a separate account to save for personal goals, build an emergency fund, manage individual spending without oversight, or prepare for potential future financial changes. It can also be about maintaining a sense of personal autonomy.
How can I open a bank account discreetly?▾
Opening an account often requires standard identification like a driver's license and social security number. For discretion, consider online-only banks or credit unions where statements are primarily digital, reducing physical mail. Ensure the mailing address used is one only you access.
Is it legal to have a secret bank account?▾
Yes, it is perfectly legal to have multiple bank accounts under your own name, even if others are unaware of them. Banks do not share information about your accounts with third parties unless legally compelled or explicitly authorized by you.

Have your own experience to share?

Share Your Story