Husband's new bank account

[becrock22]

My husband and I had a deal - if he sold his caravan, he could have some money from our mortgage and use the caravan money and mortgage money to buy a boat. He sold his caravan last week. Instead of putting the money into one of our joint accounts, he has opened a different account, at a different bank and put it there. It is only in his name. He didn't tell me about this, he only told me when I questioned where the money was.

I can't quite put my finger on why, but this has made me quite uncomfortable. I'm a bit mad at him! Makes me wonder if there is other money hidden somewhere etc. I have no reason to think this.

AIBU to think the money should be somewhere we can both 'see' and he shouldn't have bank accounts that I don't know about? (or am only told about when I ask specific questions).

[gooddinosaur]

It's not that much trouble to open a new bank account, especially if you have one already. They share information so I've been able to open accounts online and not supply any ID, they get the information automatically from a database and you're approved instantly. I didn't even need to visit a branch.

[xMumToTwox]

Maybe he wanted the money away from the usual accounts so he cant be tempted to spend it early?

I have an account in my own name that we use to put money aside that is for something specific, so that its not part of the joint balance. If we left it in the joint one, it'd make us feel like we have more spare cash than we do and we'd end up spending more than we should!

Perhaps he got a good interest rate too?