Sunday, May 23, 2010

Does it hurt to close a long term bank account?

Hi,





I have been with CitiBank now for 8 years and with Chase for three years. I am getting fed up with CitiBank's service and would like to close my account, however, since I have had it open for a long time, are there any advantages to keeping an account open long term?





Thanks!
Does it hurt to close a long term bank account?
No it shouldn't hurt sense you already established a bank account with chase for 3 years
Reply:No, it won't have any effect on your credit score.

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