Some 13 million Americans hide an account from their spouse or partner.
Some 13 million Americans hide an account from their spouse or partner. - 
Listen To The Story

Thirteen million Americans have a bank or credit card account that’s hidden from their spouse or partner, according to a new report from

Millennial couples were twice as likely as seniors to say they have a secret, separate bank account. Why?

“Sometimes you have to learn things the hard way,” said Matt Schulz, senior industry analyst at “It might just be a sign of inexperience in a relationship.”

Or maybe more experience.

MaryLeigh Bliss, chief content officer at Ypulse, a youth market research agency, said she’s not surprised by the finding.

She said millennials are waiting longer to get married, so they have more relationships before marriage. And they grew up in a time when divorce became more common.

“There might be a little part of them — especially if they are a child of divorce — that wants to have that safety net for themselves,” she said.

At 32, Bliss is a millennial. She is married. She said she and her husband have separate, though not secret, accounts. The reason: they don’t want the red tape and hassle of transferring everything into a joint account. 

As a nonprofit news organization, Marketplace is on a mission that drives what we do every day: to increase economic intelligence across the country. But we can’t do it alone. Become a Marketplace Investor today, in whatever amount you choose, and your donation will go twice as far, thanks to a dollar-for-dollar match from The Kendeda Fund.

Become a Marketplace Investor today – in whatever amount is right for you – and keep public service journalism strong. We’re grateful for your support.

Follow Nancy Marshall-Genzer at @MarshallGenzer