Will closing a checking and savings account with Bank of America hurt my credit in anyway?
I know I should keep my credit card with them open, or my credit will suffer but what about the checking and savings? I want to move it to WaMu but I hesitate only because I have worked hard to re-build my credit since making some poor financial decisions as a college student.
Your bank accounts are not reported to the credit agencies unless you have an overdrawn account somewhere.
Remember, you have the right to do business with whomever you choose. Go ahead and change banks…