According to a recent report from, approximately 4.4 million men and 2.8 million women have a bank account or credit card that they keep secret from a partner.

An additional 5 million Americans said they used to hide such an account from their partner but no longer do.

In another survey, more than half of those who were asked say they believe that keeping a secret bank or credit card account is just as bad a physical cheating.

This is referred to as financial infidelity. If you are hiding money from your partner, you are being dishonest.

These types of accounts often cause problems in your marriage or partnership.
If you are spending a great deal of money on a secret credit card, it can be difficult to balance your joint finances.

You might have to divert some of your joint income to make payments on your credit card leaving your partner to wonder where all the money is going. It can also be stressful if you each have an allowance, and you are constantly using yours to pay off your secret credit card spending.

A secret account is a good indication that something might not be right.

Since a partnership should be about working toward similar goals, it’s a red flag when you are keeping these types of secrets from the person you claim to love and are planning to spend the rest of your life with.

It is extremely important to be open and honest about your finances with your partner. You should periodically talk about money, and make it a point to touch base about different accounts and credit cards.

It is also a good idea to talk about major purchases.

Making decisions together, setting common goals and being up front about financial habits and desires are all important parts of successful finances in a committed relationship. It can be painful to share information about past debts and current financial indiscretions, but in the end it’s necessary.

You and your partner need to be adequately equipped for what’s next, and you need to be able to address financial problems head-on, together.