So I applied for a Citibank checking account to take advantage of their free $75 with a $1500.00 deposit offer. I had a BK 7 discharged in October 2003. Guess what? Yep, they declined me. I haven't gotten the letter yet, but I did call since I noticed on PG that they pulled an EQ CR. WTF? I had set up an auto deposit of $3000.00. Why wouldn't they want my money? It can't be the chex systems, I have never written a bad check in my life. I already have a credit union account, but I was wanting to set up a couple more accounts. Will Bank of America decline me also? Thanks
That sounds really rediculous - I really cant see why they would care if you filed BK, all you were requesting was a checking account. Sal
Probably. They will pull what they call a "snapshot" of your credit report. What that means is they are just looking at the scores. If your scores are in the 500's you will probably be denied.
Re: Re: Citibank decline??? After disputing most of the negative items on my reports, I have actually crawled above the 600 level. Still, I was denied.
Re: Re: Citibank decline??? You may want to see if your job is involved with CITIBANK at work... or if you are taking some classes at a college, that can help too.. my credit was awful a few years back and i couldn't open bank accounts... i found out about citibank's student accounts and opened one easily, despite credit issues. they didn't give me overdraft though... then, later on, i was able to extend some benefits (like NO FEES) with citibank at work... i also referred a friend with bad credit and since he worked with me, he was able to open an account because of their affiliation with the job...
