{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.indusind.com\/iblogs\/savings-account\/newly-married-get-a-joint-savings-account-first-2\/#BlogPosting","mainEntityOfPage":"https:\/\/www.indusind.com\/iblogs\/savings-account\/newly-married-get-a-joint-savings-account-first-2\/","headline":"Newly Married? Get a Joint Savings Account First","name":"Newly Married? Get a Joint Savings Account First","description":"When you\u2019re newly married, your expenditure increases & you spend on different things with your partner. To keep finances streamlined and transparent, married couples can use a joint bank account. Such an account offers multiple benefits, both monetary and in terms of relationship satisfaction. A marriage marks a new beginning for two people, and the...","datePublished":"2023-08-09","dateModified":"2024-09-03","author":{"@type":"Person","@id":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/#Person","name":"IndusInd Bank","url":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"IndusInd","logo":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","width":201,"height":86}},"image":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/newly-married.jpg","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/newly-married.jpg","height":400,"width":1060},"url":"https:\/\/www.indusind.com\/iblogs\/savings-account\/newly-married-get-a-joint-savings-account-first-2\/","about":["Savings Account"],"wordCount":1076,"keywords":["joint bank account","joint bank account online","joint savings account"],"articleBody":"When you\u2019re newly married, your expenditure increases & you spend on different things with your partner. To keep finances streamlined and transparent, married couples can use a joint bank account. Such an account offers multiple benefits, both monetary and in terms of relationship satisfaction.A marriage marks a new beginning for two people, and the union of their dreams, goals, and aspirations. That said, the foundation of a happy, stable home is a solid financial base. The spending patterns and requirements of married couples vastly differ from those of single individuals, and a Joint Savings Account helps you share your finances along with your aspirations with your partner.Several banks offer attractive options for married couples to get a Joint Savings Account. The following are some of the biggest benefits –Advantages of Joint Savings Accounts for Married CouplesEasier, low-effort lifestyle:With a joint account and shared access to funds, each can seamlessly make payments without having to separately withdraw money from individual accounts for mortgages, EMIs, rent, groceries, utilities, etc. If a couple is splitting expenses, it wastes time for both to withdraw or transfer amounts from their own accounts every time they need to pay a bill.Financial transparency:Any couple with a joint account will always know how their shared income gets spent. They wouldn\u2019t have to ask their spouse; all the information would be visible on their bank statement. This generates trust and also makes it easier to make financial decisions together.Simplified decision-making:A joint savings account makes it easy to look over and manage finances. A single statement provides the complete picture of all your income, spends, and savings. Having this information easily available from a single source gives you all the context you need to plan for the future.Establish realistic goals: When you have a clear idea of what you are earning and spending regularly, you find it easier to estimate what you can afford. This enables a couple to set realistic goals for their future, be it the purchase of a house or setting aside money for their children\u2019s education. It also helps them decide reasonable timelines for achieving each goal.Establish trust and camaraderie:The Pooling Finances and Relationship Satisfaction study found that couples sharing finances via a joint bank accountwere much happier than those who didn\u2019t share finances or shared them partially. The group that didn\u2019t share an account or expenditures was found to be the least happy of the three groups.Manage Finances Effortlessly as a Couple with Indus PartnerThe Indus Partner Joint Savings Account from IndusInd Bank has been designed to help couples and households manage their savings with minimal hassle. It offers a wide range of attractive services and offers to match the needs of a shared household, while providing the best banking solutions.A few standout features of Indus Partner are as follows:Get 100% off on a small or medium locker for the first year, and 50% off from the second year onwardsComplimentary Times Prime Annual Membership  voucherUse your IndusInd Bank Debit card & get up to 20% off on Swiggy and Big BasketGet free Zero Balance accounts for family members and group accounts of up to 4 family members to enjoy relationship benefits across all grouped accounts.Free movie tickets on bookmyshow.com worth INR 5600 for both card holders in a yearComplimentary airport lounge access (available to both partners using their individual Signature cards)Unlimited free ATM withdrawals at ATMs across the countryAvailability of quick loan facility with a 10% discount on Loan Processing Fee.Complimentary Insurance cover worth INR 33.5 lakhs with the Visa Signature Debit CardIrresistible offers on shopping, travel, and fashionAMC Waiver for your Demat Account for one yearFree FastTag for your CarBest of all, deals such as free movie tickets, discounts on online food delivery and groceries, and cashback on your debit card are available with each card held by each partner, doubling the benefits and joy!Share your finances and multiply your benefits with the Indus Partner joint bank account. Open a joint bank account online today!Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct\/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information. Share This:"}