It does no hurt your credit score. Banks use a different system called Chex Systems as a "background" check when opening bank accounts. So it could be a variable in that situation but ive opened and closed a few banks accounts and I am yet to be denied a regular checking account
Capital one does not use the Chex system
who is this guy, love to see it
Does closing a checking or savings account hurt your credit by any chance?
It does no hurt your credit score. Banks use a different system called Chex Systems as a "background" check when opening bank accounts. So it could be a variable in that situation but ive opened and closed a few banks accounts and I am yet to be denied a regular checking account
@@FernsFrugalPointsFinances cool thanks for the quick reply! Love your channel!
appreicate the support!
👍🏼👍🏼