What’s the difference between Routing and Accounting numbers? To understand this we first have to look at what each number is and what they mean.
Knowing the difference between these two numbers can save you time and energy when managing your various accounts, so lets take a look at these mysterious digits.
Note: If you’re looking for a credit card that rewards you on all your purchases, I recommend checking out the Wells Fargo Cash Wise card, the Chase Freedom Unlimited card, or the American Express Cash Magnet card to earn rewards on all of your purchases! See more credit card bonus offers here.
See our best bank bonuses updated daily to earn up to $1,000 in free money. Find popular checking offers such as Chase Bank, HSBC Bank, TD Bank, Huntington Bank, BBVA, Discover Bank, and CIT Bank. See our best rates for Savings and CD too. |
|
Chase Business Complete BankingSM $300 Bonus | HSBC Premier Checking Up To $600 |
HSBC Premier Checking $450 Bonus | TD Bank Convenience Checking $150 Bonus |
TD Bank Beyond Checking $300 Bonus | Huntington Business Checking 100 $200 Bonus |
Huntington 25 Checking $300 Bonus | Huntington Unlimited Plus Business Checking $750 Bonus |
Huntington Unlimited Business Checking $400 Bonus | Aspiration Spend & Save Account $100 Bonus |
Ally Invest Up To $3,000 Bonus | Discover Bank $360 Cashback Debit |
Axos Basic Business Checking $100 Bonus | BlockFi Up To $250 BTC Bonus |
WeBull 2 Free Stocks |
Table of Contents
What Is A Routing Number?
A routing number is a nine digit code that is used to identify different banks/financial institutions in the United States. This number proves that the bank is federal or state charted and maintain an account with the federal reserve.
Banks can have multiple routing numbers. Large multinational banks almost always have a variety of different codes (usually based on the state you’re in), while small banks usually only have around one.
Routing numbers are required for a variety of different tasks, such as reordering checks, payment of consumer bills, establishing direct deposits and more.
What is an Accounting Number?
An account number is a ten digit number that is assigned to your specific account. If you hold multiple accounts, the routing number will usually remain the same, but the account number will change for each one.
Your account number is necessary for every transaction that you do. A bank’s routing number is public, but accounting numbers are private, so make sure you keep it safe and remember it fully.
Where do I find them?
You can find both numbers by logging on to your online banking account. You can also find them at the bottom of your check. The sequence is usually the routing number, the accounting number, and then the actual check number.
Again, your routing number is nine digits and your account number is ten digits, so double check to make sure you know which number is which when you look at a check.
Bottom Line
It’s important to know both accounting and routing numbers. These digits are what allow you to make different transactions, and help secure your valuable bank accounts. Remember, Routing numbers are nine digit codes that represent financial institutions, while Accounting numbers are ten digit codes that represent your private bank accounts.
Hopefully you found this post useful, if you wish to read more, be sure to check out HMB and see our posts on more Bank Guides as well as the best Credit card bonuses and best savings rates.
PROMOTIONAL LINK | OFFER | REVIEW |
Chase Business Complete BankingSM | $300 Cash | Review |
HSBC Premier Checking Member FDIC | $450 Cash | Review |
HSBC Premier Checking Member FDIC | Up To $600 | Review |
Huntington 25 Checking | $300 Cash | Review |
TD Bank Beyond Checking | $300 Cash | Review |
TD Bank Convenience CheckingSM | $150 Cash | Review |
Huntington Bank Unlimited Plus Business Checking | $750 Cash | Review |
Huntington Bank Unlimited Business Checking | $400 Cash | Review |
Huntington Bank Business Checking 100 | $200 Cash | Review |
Axos Bank Basic Business Checking | $100 Cash | Review |
Aspiration Spend & Save Account | $100 Cash | Review |
Ally Invest | Up to $3,000 Cash | Review |
BlockFi | Up To $250 BTC | Review |
American Express High Yield Savings | 0.40% APY | Review |
Discover Cashback Debit Account | $360 Cash | Review |
Leave a Reply