- Thirty-eight percent of individuals in relationships who maintain separate accounts said they do so for independence, making it the top reason for holding individual accounts.
- Forty-three percent of women ranked independence as their top reason for keeping separate accounts, while only 34 percent of men said the same.
- Twenty percent of respondents kept separate accounts to ensure they had funds available for individual needs like emergencies and personal spending.
- Sixteen percent of the total population noted convenience and ease of budgeting and paying bills as a reason to have separate accounts. Men were 38 percent more likely than woman to cite convenience as a reason for keeping separate accounts.
- Only seven percent of respondents cited privacy as a reason to retain an individual account.
TD Bank Survey Finds Many Couples Maintain Separate Bank Accounts
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