No, having multiple savings accounts doesn’t directly affect your credit score. Savings accounts aren’t reported to credit bureaus and don’t appear on your credit report. However, certain activities related to savings accounts could impact your credit. For example, if a bank performs a hard credit check when you apply to open an account, it could temporarily lower your credit score by a few points. Additionally, if your savings account goes into negative balance and you don’t pay the amount owed, the bank could send the account to collections, which would negatively affect your credit.