Declined for Capital One 360 checking then Approved after Chexsystems frozen

[onlysometimes]

Same here!  Nearly 2 months & no hint of trouble from CapOne.  They even approved me for and overdraft loc 3 days after account opening (which I've utilized in the hope that it will help me diversify my credit profile when it reports as an installment product).

[Anonymous]

will this work if you have negative info on your chexsystems and not just inquiries? I just tried to dispute some items on it:/

[Anonymous]

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@Anonymous wrote:
will this work if you have negative info on your chexsystems and not just inquiries? I just tried to dispute some items on it:/

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According to post #5 in this thread, yes.

[Anonymous]

Wow, this worked within minutes from submitting the security freeze form. 

[Anonymous]

I just wanted to let everyone know that I just succesfully got a Captial One 360 account in spite of having a negative mark on my chexsystem report (without doing a freeze).

Capital One 360 does use chexsystems but it's not the only thing they use to decide to give you an account.

On my chexsystems report I have one negative mark for account abuse in the 800 dollar range. The entry is 2 years old. I have no negative information on EWS. My credit is being repaired (all scores are low to mid 600's). I do already have a Capital one credit card ($800 credit limit) and a few other small cards that I've been using to help repair my credit.

Anyway, I just wanted to let people know that it is still possible to get approved, even if you do have a bad mark on chexsystems.

[Anonymous]

I found this to be rather interesting. I applied for a Cap1 Credit card and was approved, declined for a checking account, approved for a savings account. Froze Chexsystems and was approved for a checking account but declined for overdraft protection with a line of credit. Why was I approved the second time could be a combination of having other products with Captial One and the CS Freeze.

[txbusted]

CapOne360 is an odd duck. I have had a savings account (since closed). Have a current Auto loan and 2 credit cards but they will not approve me for a checking account. I have pulled my Chexsystems and it is clear. WEIRD. 

[Anonymous]

Hello all.

I just wanted to say Thank you for this post. I had Chase Bank for about a year with my husband and for no reason at all they closed my account. Kept almost $900 of my money for 6 weeks before I got a check in the mail. Went to Bank of America and opened a new account no problem. Has then for about a year and they did the same thing. So I went back to Chase just to see and after 2 months of having the account same thing. No notice just shut it down, but this time with over $1000 in it. So as of last week I tried to go get a new account at a local credit union and surprise surprise, BOA and Chase had both reported I owed them money to Chexsystem. Imagine my surprise. Well same as others decided to try to get a second chance or dispute items and still no account. I have a 360 savings and my kids a money acct through capital one but couldn't get approved for the checking. So I tried this freeze on chexsystem and about 5 mins later login into my capital one savings clicked on the 360 checking and boom I had a checking account. So thank you thank you thank you for leaving the post and comments. It really does help real people.

[Anonymous]

How do you do the freeze?

[Anonymous]

I thought I was the only one who ever got declined for 360 checking, for three years I tried and all they ended up approving me for was the 360 savings, so last night after reading this thread I froze my chexsystems report and this morning I just applied. And sure enough I was approved!! so now I have the 360 checking and savings; thank you so much for letting us know about this! Woohoo