It varies per bank/cu. I have way more then that (28) and I haven't had any problems. I just recently signed up for Wells Fargo's bonus offer, Citi and opened a Capital One checking.
There's also a Early Warning report...
@kremonis wrote:I have refrained from pursuing new bank accounts because I was in Chexsystems hell last fall.
About five months have past and I want to app for some bank accounts.
Here are my stats for Chexs HPs:
last 3 months 0 Chexsystems inquirieslast 6 months 1 Chexsystems inquiries
last 12 months 6 Chexsystems inquiries
last 24 months 10 Chexsystems inquiries
I know that each bank or credit union has different criteria. That being said, has enough time past so that I am unlikely be denied opening a bank account soley for having too many Chexsystems inquiries?
if there are very chex sensitive banks, they would have freaked at 3/12, not just at 6/12
I wouldn't put too much worry into it especially being 1/6
I doubt there's any bank that's worth waiting out 12-24 months of no inquiries just because they are chex skittish
assuming your chex and EWS are clean, of course
There are so many banks and even more credit unions around! If any gives you hard time about Chexsystems inquiries, they can take a hike.
I have never cared about Chexsystems inquiries and it never came up applying for any loans or new accounts.
