Blog: 13 Million Americans Have Secret Bank Or Credit Card Accounts

By Jim Donovan

PHILADELPHIA (CBS) — Do you have a secret bank account or credit card? If so, you’re not alone. 13 million Americans have hidden a bank or credit card account from their live-in spouse, partner or significant other, according to a new CreditCards.com report.

Those accounts aren’t the only financial secrets Americans are hiding: Forty-one percent have spent over $100 without their spouse or partner’s knowledge, including 19 percent who have spent more than $500. Men are almost twice as likely as women to have spent more than $500 without notifying their spouse or partner.

At what point would you tell your significant other about a purchase? Twenty-four percent of those surveyed believe that their spouse or partner should be able to spend more than $500 without letting them know.

Also, while 41 percent of Americans say they’ve spent more than $100 without telling, 47 percent said they’d be OK with their spouse or significant other spending more than $100 without being told about it.

Other interesting tidbits from the survey:
– Millennials and seniors are less likely to spend over $25 without their spouse or partner’s knowledge than people between the ages of 30 and 64.
– Out of all the income groups, the middle class were the most approving about having their spouse or partner spend $500 or more without having to know about it.
– Northeasterners were the most likely to have spent more than $500 without their spouse or partner knowing about it.
To check out more information from the survey visit: http://www.creditcards.com/credit-card-news/financial-infidelity-poll-secret-account.php

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