One place to see them all! Bank accounts and others that is?

[Time Waster]

With this modern, digital world you can go to an app or website and see your bank accounts in quite some detail. With open banking you should be able to draw details from an account with one bank into the app for another so they're all managed from one app or site. Although I have tried it with two of my banks and it didn't work for me. Kept coming up as an error and then it said I was unable to do this

So I was wondering if anyone knows a good way to see all accounts in one place?

My ideal would be to include all banks, building societies, investments, mortgage and even pensions in one place, software, app or other place. Also, it would be nice to kind of get a single statement of net worth from this, or some way to get a sense of how my finances are right now from this one place. Is this even possible?

Anyone do this already and if so how did you manage it?

I'm very disorganised person, for a very good reason, so going into individual places, apps or websites to see each different financial account is kind of difficult to manage for me. I can do it but I probably won't if it feels like too many obstacles put in my way.

Ultimately I'm thinking of allocating money into cost centres like house bills, leisure, personal purchases, family expenses, etc. So I have control over money coming in and out. That way I could get more confidence in moving money into higher interest accounts, reducing my current account safety net to what is needed. The rest will be a mix of difficult to access or easy to access savings accounts, etc.

Does this make sense?

I think there was a thread on here about a related topic but I can't find it. I also think it didn't have any ideas that suited my wish list here. Hence this thread. Plus I couldn't find the old thread.

 

[Sharky]

I used to have an "egg" account, which offered a facility to display all bank accounts on one screen. But I think it was discontinued as each bank kept changing it's customer interface and for the "egg" team it was no yoke and could not keep up.

 

[PaulSB]

Currently not all financial institutions are signed up to the system which is probably why it didn't work with your two accounts. I have multiple accounts with Santander, one with Monzo and another with Cahoot.

In both my Monzo and Santander apps I can see all my bank accounts. Crazily I can't add Cahoot.........Santander owns Cahoot! 😂

 

[Time Waster]

Nope, both are in the openbanking register so obey the rules of open banking. Which means they share information when a valid request goes through. In my case I think it should work but didn't for some technical reason at that point. If I tried again it might work ok. However I am really looking for something else that can combined information from banks and make analysis of the whole picture easier. At the simplest end of that it is categorising the expenditure and income side of things too. Then that will allow insights and greater control over the money.

There are things I would like to do with my finances that I cannot sort out with apps all over the place to track it all. I mean have you ever totalled up the number of apps or online accounts you need to access to see all your assets and their status? Just how long would it take to monthly download a report and then sort it all out in say an Excel spreadsheet? There must be a better way to do that via open banking and a financial app. That at least is more than a simple banking app where it is all linked to. AFAIK you cannot add mortgage accounts, pension schemes, share save schemes, the various kinds of ISAs, shares, etc. to the single banking app no matter how good it is like Monzo or Curve. I also think that not all financial planning apps can do that neither. Not so simple really.

 

[SpokeyDokey]

Built our own Workbook here.

Our finances are scattered across 17 different entities and there is no proprietary App etc that we could find to track them all.

Ours takes about 10 minutes per month to update the current a/c's position. These and the projected investment positions give us an accurate enough fix on our current overall 'monetary position' plus future forecasts.

DIY is the way to go.

 

[presta]

The words eggs, basket, and hackers spring immediately to mind.

 

[Pat "5mph"]

The words eggs, basket, and hackers spring immediately to mind.

The Bank of Scotland's app landing page keeps asking me if I would like it to access accounts from other banks.
I always click no, for this very reason.
Nationwide imo is more prudently run, doesn't ask you risky questions

 

[DCLane]

Similar to SpokeyDokey I have a spreadsheet to do this; one page has everything we currently have / owe, including loyalty card points, etc. and what's due to arrive.

Another has monthly income / expenses and the third-fifth cover future pension planning / income / expenditure.

 

[Rusty Nails]

Built our own Workbook here.

Our finances are scattered across 17 different entities and there is no proprietary App etc that we could find to track them all.

Ours takes about 10 minutes per month to update the current a/c's position. These and the projected investment positions give us an accurate enough fix on our current overall 'monetary position' plus future forecasts.

DIY is the way to go.

I did the same about 20 years ago with approx 20 asset accounts...and a similar number of passwords.

Unfortunately anything to do with finances makes my eyes glaze over so I only update it a couple of times a year, which takes an hour or so.

I cannot imagine that the OP will get what he wants and, like some others, I would worry about the security/privacy aspects...so he will have to stay a time waster.

 

[All uphill]

We do a monthly update together. We also try to restrict the number of accounts we have, and ensure they are all protected by the government system.

We record the results in writing in a notebook. Takes us about ten minutes a month.

 

[Drago]

I manage my own CC and own current account on the app, but the main joint account and saving is etc I leave to Mrs D who is younger and less liable to throw a wobbly if she cant figure something out. Theres a sealed envelope in the safe with AC numbers and passwords in case anything should happen to her. All need a PIN as well, which isnt written down but which I know.

 

[mistyoptic]

I use Quicken (no longer available in UK, sadly). Keeps track of everything for me but requires effort on my part to download statements etc. Can categorise spending etc.

Always been a bit suspicious of “see all your accounts in one place” offers for security reasons

 

[FishFright]

Similar to SpokeyDokey I have a spreadsheet to do this; one page has everything we currently have / owe, including loyalty card points, etc. and what's due to arrive.

Another has monthly income / expenses and the third-fifth cover future pension planning / income / expenditure.

I imagine both you pooring over the spreadshets so long that you don't have much time left to spend much . Chuckle

 

[Psamathe]

Unfortunately anything to do with finances makes my eyes glaze over so I only update it a couple of times a year, which takes an hour or so.

Likewise. Won't do online banking, neither app nor web.

 

[Gwylan]

Similar to SpokeyDokey I have a spreadsheet to do this; one page has everything we currently have / owe, including loyalty card points, etc. and what's due to arrive.

Another has monthly income / expenses and the third-fifth cover future pension planning / income / expenditure.

If you gather that information you may have to admit to knowing something that you might otherwise only suspect.
Follows a weirdly worded question from a third country tax authority.