For those of you opening new accounts in search of a couple of basis points or new account bonuses, have you noticed a hit to your credit rating?
I'm joint on my Dad's account so that I can pay his bills. He lost his check book 3-4 times last year, which required closing that account and re-opening new ones. A month later my FICO is down for opening too many accounts (don't remember the exact wording).
Just curious if those hopping banks also monitor their credit score and if you see a hit.
I'm joint on my Dad's account so that I can pay his bills. He lost his check book 3-4 times last year, which required closing that account and re-opening new ones. A month later my FICO is down for opening too many accounts (don't remember the exact wording).
Just curious if those hopping banks also monitor their credit score and if you see a hit.