So... most of banks in my country have some kind of savings account. Their profitability varies, but its usually quite low and limited (i.e. 2% up to 10.000€ the first year, then 1%). Usually the basic requirement is to link your payroll to the account (don't know the English expression, in Spanish is "Domiciliar la nómina") .

I have some savings that will be used to pay for a mortgage that I will (Hopefully) get in one/two years, so I've been wondering if I could, say, get two savings accounts, maximize the requirements and pass each month a "salary" to both of them from my main account, thus benefiting from the interest rates of all the accounts for the time being.

I don't know, it sound a bit silly, but for the little I've read, is either a payroll or a "periodic deposit."

Am I missing something here? It's too much hassle for very low profits?