TD Bank & Wells Fargo Checking/Deposit Accounts

dbw79 · ‎03-19-2017

I was wondering for anyone who has recently opened either a Wells Fargo or TD Bank checking and/or savings account, did they pre screen and pre-qualify/pre-approve you for any credit products when you opened your account? If so, was this done online or in branch?

Appreciate any feedback.

Anonymous · ‎03-19-2017

I did open Wells Fargo checking. I had Wells Fargo account two years back and closed it. When I spoke to banker about opening checking for my credit builder loan account, the banker told me I have preapprived credit card for 13% APR and he said it's valid only for that day. Since my motive was to get business credit card, I declined it.

dbw79 · ‎03-19-2017

Thanks. That is good info. Was this recently? I'm sure it's better to open these accounts in branch, as they can verify your identity in person. Wondering too if anyone gets these prequals online as well? By the way, do you remember what card it was? That's a pretty good rate.

Anonymous · ‎03-19-2017

It was last weekend. No. I don't remember the card.

DeeBee78 · ‎03-20-2017

@dbw79 wrote:
I was wondering for anyone who has recently opened either a Wells Fargo or TD Bank checking and/or savings account, did they pre screen and pre-qualify/pre-approve you for any credit products when you opened your account? If so, was this done online or in branch?

Appreciate any feedback.

I recently opened Wells Fargo online for the bonus, and wasn't preapproved for anything when I opened it. No notifications, no suggestions, nothing.

I'm certain I could get one of their cards if I cold app for it, but their offerings are so meh.

Edit: I should mention that after opening my account I got a prequalified mail offer from them, with a reservation number on it, for their Cashwise Visa. I haven't decided if I'm going to grab it for the bonus.

dbw79 · ‎03-21-2017

DeeBee - Thanks for the info. I believe opening an account (checking and/or savings) is only a soft pull? Can you please confrim that.

DeeBee78 · ‎03-21-2017

@dbw79 wrote:
DeeBee - Thanks for the info. I believe opening an account (checking and/or savings) is only a soft pull? Can you please confrim that.

Correct, no HP.

Anonymous · ‎03-25-2017

I opened WF and no pre-approval for anything