matlock99 Posted April 14, 2007 Report Share Posted April 14, 2007 I'm a New Yorker who's had it with Chase. For the third time in four months, they've lost a large check that I deposited at one of their ATMs. Once, they eventually found it, but it took me an hour on the phone to be properly credited; the other time, they lost it completely and took the funds out of my account, leaving me totally cashless for a week, until I could get a copy of the paid item from my former employer. Who knows what'll happen this time. Unbelievable. I've been a Chase customer for 12 years (actually, Bank One for 10; they merged two years ago). I just applied and was approved for an account with HBSC. I know that bank accounts don't show up on your credit report, but I just want to make sure there will be no adverse affects to closing an old account and opening a new one. Is it OK for me to switch? Link to comment Share on other sites More sharing options...
direred Posted April 14, 2007 Report Share Posted April 14, 2007 Personally, I'd file an FDIC complaint on Chase, because that says something funky is going on with their accounting at that branch.Second, no. While there generally will be a Chex inquiry and a hard inquiry pulled for opening an account, that's usually all there is that affects your credit. Link to comment Share on other sites More sharing options...
JessFolk Posted April 15, 2007 Report Share Posted April 15, 2007 I am with direred on this one not affecting your credit beyond a hard inquiry, unless you are applying for some credit cards with this bank? Another suggestion is looking into any credit unions you can join? Never had any problems with USAA or Navy Federal. Link to comment Share on other sites More sharing options...
matlock99 Posted April 15, 2007 Author Report Share Posted April 15, 2007 Good suggestion. I've looked and look, but it doesn't seem that I qualify for any! Link to comment Share on other sites More sharing options...
jq26 Posted April 16, 2007 Report Share Posted April 16, 2007 I've had countless checking and savings accounts over the years, including five open right now (each has a different function). A Chex inquiry is standard but never a credit check- not unless you are opening some form of credit. You are doing the right thing shopping around for banking services. Rates are great if you shop. More importantly, if the bank continually screws up, its time to move on. Link to comment Share on other sites More sharing options...
2ndTimeAround Posted April 16, 2007 Report Share Posted April 16, 2007 ......if the bank continually screws up, its time to move on........Well said!!!! Changing bank account (checking, savings, Mfunds, etc), doesn't effect your credit. These type of accounts require you to put money into, before you can withdraw....Bank cards, credit cards, lines of credit. These types of accounts, you can be turned down if you have bad credit....... Link to comment Share on other sites More sharing options...
MissSilence Posted April 21, 2007 Report Share Posted April 21, 2007 I used to be a Bank One customer before they merged with Chase, they never lost a deposit made by check, but if it was cash it was always lost. Thankfully I had always went thru their drive thru and kept my deposit reciepts I would have to take them into the local branch to get credit for my cash deposits....after several times that seemed toooo fishy to me so I switched banks Link to comment Share on other sites More sharing options...
Recommended Posts