More than 85,000 couples divorced last year and the number is increasing, according to data from the National Institute of Statistics (INE). And numerous studies confirm that economic discussions are one of the main causes for ending a relationship.
Although every couple is different, there are some tricks to manage household finances more easily and avoid misunderstandings. From the financial comparator HelpMyCash.com they point to shared or joint bank accounts as a formula to end the tension that can arise when one of the two spends more than the other.
The recommendation of its experts is that each one have separate bank accounts and, in parallel, have one in which to share the payment of bills, rent or common expenses. It can also be used to contribute joint savings for joint purposes such as a trip or buying a home. "Ideally, the shared account is used exclusively to pay the bills, pay the rent and family expenses, but that each owner has financial freedom," they say from HelpMyCash.com.
At this point, many will wonder which are the best. To choose the one that best suits you, it is convenient to analyze several factors. The first will be that it does not have commissions, as well as a free debit card. However, there are other advantages that can make them very suggestive, such as gifts, insurance or profitability.
One of the most attractive accounts with the possibility of sharing today is the Clara de Abanca Account. It is online and has no commissions. After contracting, you receive a free debit card, although if it is with two holders it will give two. It will also grant a credit card at no additional cost for one year, although to avoid the maintenance fee (43 euros per year) after 12 months, purchases for an amount of at least 3,000 euros will have to be made.
The best? Although it does not have conditions, since it does not require direct deposit of a salary or pension, it has a succulent gift in case it brings a periodic income of more than 1,200 euros. It offers an incentive of 300 euros for each direct debit payroll in the case of two holders: up to 600 euros in cash.
The ING NoCuenta Account is the new online account of the orange bank. It does not have maintenance expenses and it is not mandatory to direct deposit a salary or receipts to open it. There is also no need to maintain a minimum balance. Of course, there is a limit: the maximum balance that you can have is 30,000 euros. It also offers two virtual debit cards with no issuance or maintenance fees for both holders.
In addition to the advantages that your application has to manage subscriptions, notifications of upcoming receipts or rounding up purchases, it has protection insurance for online purchases. With this product you can recover the money for a purchase of more than 30 euros that has not been received or whose product arrives defective.
Banc Sabadell is also one of the entities that presents an Online Account with the possibility of having two co-holders. It is online and free, has no commissions or conditions. It can be opened without the need to direct deposit a salary or other income and, even so, no maintenance expenses will be paid.
Its offer takes the lead over other accounts on the market because it offers a return of 2% APR during the first year with a limit of up to 30,000 euros. If you want to direct deposit the salary, which is not mandatory, the incentive will be greater, since it gives away 175 euros in extra cash.