Itqualityassurance
The mere act of closing a bank account doesn't have a direct impact on your credit. The Consumer Financial Protection Bureau confirms that the three major credit bureaus — Experian, Equifax and TransUnion — don't typically include checking account history in their credit reports.
What happens if I close my savings account?
The bank will check your account to ensure it's in good standing and that you've resolved any outstanding issues before it marks the account as closed. If there are any remaining funds in the account, you should be able to request a transfer to your new account or receive a check by mail.
Can I close a savings account whenever I want?
You may request to close your account anytime. We can close most accounts immediately when: The account has a positive or zero balance. All deposits, outstanding and pending items are posted.
