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Should I create a secondary bank account? (40k cash savings)

  • Reddit Personal Finance
  • 02-05
  • 654
  • 0

Should I create a secondary bank account? (40k cash savings) Hi r/personalfinance, 29M, currently saved up around €40k in one bank (one financial institution) and I'm a bit worried that if someone were to have access to that one login, they could wipeout all my money. I'm not sure if the european bank guarantee covers hacking, fraud and that kind of stuff if that were to happen. Therefore, I had a questio...

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