If I have multiple savings accounts, do each account get the 6 transaction limit imposed by Regulation D, or am I limited to 6 transactions for all accounts combined?


The restriction is per account, not per person. For example, if two people co-own an account, they still get only 6 transactions per month, not 12. Likewise, if you own two accounts, each one still gets 6 transactions.

In any case, you should read the terms of each of your accounts to see whether your institution even cares (i.e. imposes some sort of penalty) when you exceed these limits.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.