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You are here: Home / Bank Guides / Bank Account Checking & Savings Soft Pull or Hard Pull – 2022 Edition

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  1. Komma says

    Rivermark Credit Union, Advantis Credit Union, and Columbia Credit Union all told me they don’t do hard pulls for deposit accounts anymore.

  2. Komma says

    Rivermark Community Credit Union no longer does a hard pull to open a deposit account.

  3. William D Jackson says

    ALWAYS ask credit unions if running a hard pull against new membership applications. More and more are doing this nastiness even though only a deposit relationship is sought. But there are still enough who do not.

  4. Gio Sal says

    CommunityWide FCU … HARD Pull via TransUnion

    I learned of CWFCU via your website. Please add to your Hard/Soft list.

  5. W R Turck says

    The above list is helpful. Calling the Bank of the West Toll Free Number, the Rep.,after asking a Supervisor, told me the report came in the name of Bank of the West. Basically a non answer.
    (H.M.B., Please put the Comments before the Replies. Thank You!)

  6. framistat says

    I have a credit freeze with all three reporting bureaus, does that mean soft pulls will occur but hard pulls prevented unless I unfreeze for each one?

  8. manuel says

    greetings I want credit union information that to be a member and credit products just pull equifax?

  9. L says

    confirmation from the representative for Fidelity Cash Management Account : If when you apply for the account and the website cannot automatically verify you, then what will happen is that a soft check will done in the overnight business cycle with Equifax. The check won’t be looking for credit rating it will be looking for things like name and address information to verify.

  10. Sonya says

    That was extremely rude and condescending. Internet searches pull up all kinds of answers for questions from all sorts of sources as you should know.

  11. Kellie Ruffin says

    When i was with Pen air credit union, they did a hard pull on my account every 2 wks. Because of some kind of insurance company kept sending through I owed them 25.00 for insurance through a company that wasn’t pen air but had same name, they were ask to put a stop on, the insurance considering I never applied for insurance. They kept letting that company over draft my account I was hard pulled 4 times, then shut my account went to navy federal where I should’ve been all alone. I love you guys.

  14. CuriousDave says

    What is the rationale for a a hard – or even soft – credit inquiry when someone applies for a certificate of deposit? After all, a CD is, in effect, a loan to, not from the institution. It’s the customer who should be concerned about the creditworthiness of the institution. One bank empoyee thought it had to do with paving the way for offering car or home loans to the customer in future, but that makes little sense, as the customer needs to go through a new, complete hard pull when the time comes to borrow.

  16. George says

    I want to open a softpull/Equifax account which I can get immediate online access and also which I can use credit card to fund initial deposit.

    Can someone give me a shortlist of such banks

    Ill really appreciate

    Thanks

  17. Derry Brant says

    Woodforest bank does hard inquiries on a simple checking account, watch out they will I’ll repeat is without your knowledge or permission, hard to get removed

  18. Russell Doherty says

    Neighbors Federal Credit Union
    Hard pull on Equifax without informing me. Not cool.

  20. Ted says

    I just opened a checking and savings account with Space Coast Credit Union which is headquartered in Melbourne, Florida. They did a hard pull on my experian credit report prior to approval. I had no idea a bank could arbitrarily do a hard pull on a major credit reporting bureau when I was not asking to open any credit-related product. I was very irritated.

  21. George says

    Try to open a business checking account @ BOFA and got a hard pull and F**ked up is they did not approve it.

    I want to open a series LLC checking account to accept money.

  23. Rob says

    BB&T does a hard pull on Equifax only for opening a checking account back in March 2017. I’m looking at my credit report and its right there. They guaranteed me it was only a soft, well they lied. On all three of my credit reports that is the only pull. It would be nice if they were honest about their policy.

  25. Jeff says

    I recently applied online to join Lake Michigan Credit Union and for their credit card. For me, they did a hard pull on Experian, not TransUnion.

  28. Chris says

    Hi, I just got email confirmation from Popular Direct Bank of NO PULL. I’m surprised i’m the first to report
    Dear Customer,
    Thank you for contacting the Popular Direct Team at Banco Popular North America.
    We do not perform a credit pull while opening Popular Direct accounts.
    Should you have any further questions or concerns please feel free to contact us via email or call us at 1-800-274-5696, where Customer Service Representatives are available 24/7 to assist you.
    Victor
    Customer Care Center
    1-800-274-5696

  29. Riley Neville says

    Live Oak Bank and Synchrony do a soft pull. I opened both of these savings accounts in minutes.

    Redneck Bank and Ally and Goldman Sachs do a HARD pull to open savings accounts. All 3 of these denied me because I have frozen my credit reports with all 3 agencies. I did this years ago and do not feel like spending money to unlock my credit just for a stupid savings account, especially when I can get great rates from banks that will approve me in minutes with a soft pull. Banks that insist on a hard pull are losing out on potential customers and their deposits.

  30. Leif says

    I Joined Northern Skies Federal Credit Union 01/2018.
    There was no credit report pulled. I applied online, but you do have to go to a branch to open and fund the account. They only have 2 branches, and you have to pick the branch that you want to complete the application at.

  32. Chad says

    I haven’t opened an account with Incredible Bank, but I did email customer service and received a response that they do a soft credit pull. BTW they’re offering a 1.55% interest rate with a minimum balance of $25,000.

  36. Vicky Huang says

    Hi Mike, currently we don’t have the credit inquiry info on Goldman Sachs, thus it’s not on the list. If you have any info whether it’s hard pull or soft pull, let us know and we’ll update our list. Thanks!

  38. SMH says

    Just tried to open a CD with Inova Federal Credit Union. Online application was already very comprehensive, so I was surprised when they informed me that the next step in the application was to do a HARD credit pull on both applicants. When I questioned the necessity of this, I was told it was just their policy. Looking at the list, it looks like more credit unions than banks have this policy.

  39. sarah says

    hi anthony. i really appreciate all the info your site provides. can you please check out Pure Point savings account? they are offering 1.25% APY (min balance $10k, otherwise 0.25% APY). no fees, etc. sounds almost too good to be true. can you do a review? thank you!

  40. Kumar says

    If I open and close 6 to 7 checking and savings accounts per year all with a softpull(chexsystems), are there any issues? I maintain a sheet that has the requirements and I close the account in good notes with neither negative balance nor something against the policy.

    Just wondering has anyone experienced a state wherein a person cannot open any bank checking account in future because of this?

    Thanks,
    Kumar

  44. A Ryland says

    Randolph Brooks Federal Credit Union (RFBCU) did a hard pull when I opened a savings account.

  45. HardInquiry Victim says

    BB&T does a Hard inquiry without telling you, even if you don’t elect overdraft protection or order checks. They are just another bunch of organized criminals trying to steal from citizens.

  46. J alvarado says

    Reliant credit Union will to a pull on your Credit report if you want to open a checking without telling you. You find out after the fact. This is the credit union that all Walmarts used. BEWARE!!! I am really angry that they told me AFTER the fact

  47. Julie says

    Beware Ally Bank does hard credit inquiry but does not disclose they do so. They will reject you if your credit score is not good. Also if you have a bankruptcy no matter your score they will reject you.

  48. usap1 says

    The Citi Bank 50,000-point promotion is a credit card promotion, and all banks will do a hard pull for your credit history before approving you for a credit card.

  51. Anthony Nguyen says

    Many people have reported that Citi only do soft pull. Up to you if you want to open a Citibank checking promotion. It’s a big time bonus with the CC funding even if it’s a hard pull.

  52. G says

    Hello. I went online to apply for the Citi Bank (50,000 point) promotion. It required my social security number along with income information, how much I plan to have in my account, etc. Wouldn’t leaving my social on the form trigger a hard pull?

  54. CJH says

    I got an alert from Credit Karma there was a hard inquiry from Trans Union. A hard pull didn’t appear under Equifax on Credit Karma and Experian is not listed on Credit Karma.

  59. Mel J says

    Be aware that there is another database being use by 75 percent of the banks and it stays for 7 years. Early warning system. Example, i had an account closed by Bank of America for an overdraft that i didn’t pay on time. After 5 years it dropped off chexsystem i go all excited to open an account and i get declined. I told the banker i have nothing on chexsystem he said you are correct but you are on the early warning system. I called them and they have me for the same issue of banks of america but for 7 years. So i have to wait 2 more years. I try two other banks. Same deal.

  60. Joey says

    Great page, thanks for sharing it with us. I just did the Nationwide deal where you open a checking account with direct deposit and get $200 after leaving it open for three months. Seems pretty cool but I’m wondering if there is an account closing fee after the three months if I don’t want to stay with them; this might be some useful information you can track for people looking to open accounts, get the bonus, and leave. I enjoy trying new banks though so if I like it I may stay with them.

  61. Thomas Vargo says

    Chexsystems consumer reports can become a serious burden to families and individuals looking to open up a new checking account. Any negative mark, whether minor a major, can prevent a consumer from having a checking or savings account.

    Luckily today, there are many credit unions and banks that are either local or have branches nationwide that are willing to overlook a person’s Chexsystems report.

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