ViewPoint Bank

nadia - #1, Tuesday, December 8, 2009 - 9:28 AM CT

This bank is a JOKE. It has rejected my account because I have another Reward Cheching account with another bank iin another state. Chex System reported to them that I have another Reward Checking Account. I do not owe money to any one. Be careful, they do not tell you the truth, the reason they give you is that you owe money to some one else. I have never had bank reject my deposit, we have two Reward Checking one for me one for my spouse.

Frustrating Application - #2, Friday, December 18, 2009 - 5:25 PM CT

Don't waste your time to apply it. After I saw nadia's review, I even tried to chat with them before my application. But I just got the refusal letter saying it based on chexsystem and I never had any promble to apply similar checking accont online with all other institutions.

another case of rejected application - #3, Tuesday, December 22, 2009 - 5:35 PM CT

Same case. My application got rejected for no reason (I have an excellent credit and has never been rejected by banks before). And now it makes sense. Not worth wasting all that time filling out the application and dealing with frustration.

nadia - #4, Wednesday, December 23, 2009 - 9:38 AM CT

What a joke?  Chex System is another Joker.  They are not one of the reputable companies either.  They sent me my report, nothing negative in that report.  I noticed that they had record of each time I had a CD or Reward Checking with another bank.  That does not mean it is negative.  Not all banks report to them either.  They are not one of the three Credit Agencies either. This bank is losing deposits because of Chex System, what a Loolser? Good Luck & Happy Holidays! Thank God FOR EVERY PRECIOUS MOMENT. PRAY FOR PEACE AND HARMONY!

DO NOT ABUSE FOOD, DRINK, BEAUTY PRODUCTS, ELECTRONICS, DRUGS, PHONES, EMAILS AND EVERYTHING AROUND YOU, BE RESPECTFUL TO NATURE, AND SO ON. STAY HEALTHY AND WEALTH MAY FOLLOW. HELP THOSE WHO CAN'T HELP THEMSELVES. GOODBYE TO BUY BUY BUY!

ooooohmy - #5, Thursday, January 7, 2010 - 1:34 PM CT

WORST BANK EVER...They rejected my application for a checking account! I'm shocked...I  have net worth of a million dollars and a high 800 credit score. No loans except a mortgage which is current. One credit card for 30 years with a high credit limit...also current...I've NEVER been late on any payments. Apparently I had too many inquiries? Well FDIC only insures up to 250K...DUH! They are turning away good customers...How STUPID! Don't know what kind of customers qualify...Maybe DEADBEATS? Don't waste your time applying at this bank

ooooohmy - #6, Thursday, January 7, 2010 - 1:34 PM CT

WORST BANK EVER...They rejected my application for a checking account! I'm shocked...I  have net worth of a million dollars and a high 800 credit score. No loans except a mortgage which is current. One credit card for 30 years with a high credit limit...also current...I've NEVER been late on any payments. Apparently I had too many inquiries? Well FDIC only insures up to 250K...DUH! They are turning away good customers...How STUPID! Don't know what kind of customers qualify...Maybe DEADBEATS? Don't waste your time applying at this bank

joe - #7, Thursday, January 7, 2010 - 1:37 PM CT

WORST BANK EVER...They rejected my application for a checking account! I'm shocked...I  have net worth of a million dollars and a high 800 credit score. No loans except a mortgage which is current. One credit card for 30 years with a high credit limit...also current...I've NEVER been late on any payments. Apparently I had too many inquiries? Well FDIC only insures up to 250K...DUH! They are turning away good customers...How STUPID! Don't know what kind of customers qualify...Maybe DEADBEATS? Don't waste your time applying at this bank

joe - #8, Thursday, January 7, 2010 - 1:38 PM CT

WORST BANK EVER...They rejected my application for a checking account! I'm shocked...I  have net worth of a million dollars and a high 800 credit score. No loans except a mortgage which is current. One credit card for 30 years with a high credit limit...also current...I've NEVER been late on any payments. Apparently I had too many inquiries? Well FDIC only insures up to 250K...DUH! They are turning away good customers...How STUPID! Don't know what kind of customers qualify...Maybe DEADBEATS? Don't waste your time applying at this bank

Jill - #9, Thursday, January 7, 2010 - 10:58 PM CT

Totally agree with all the postings. A stupid bank turning away good business. These are the people who have the money with excellent credit scores and will not need much of attetion. They simply need a place to park the money and earn some decent interest and yet they are being turned away. How ridiculours. Don't waste your time with this stupid bank. There are many other banks/credit unions that offer the same rate and some even higher. Let ViewPoint be the loser it is.

Jill - #10, Thursday, January 7, 2010 - 11:05 PM CT

Totally agree with all the postings here. Don't waste your time to apply. They don't want people with money or good credit. There are many other banks/credit unions that offer the same rate and some are even higher. You can't reason with stupid poeple who have no business sense, so just stay away from them. Let ViewPoint Bank be the loser it is.

Jill - #11, Thursday, January 7, 2010 - 11:05 PM CT

Totally agree with all the postings here. Don't waste your time to apply. They don't want people with money or good credit. There are many other banks/credit unions that offer the same rate and some are even higher. You can't reason with stupid poeple who have no business sense, so just stay away from them. Let ViewPoint Bank be the loser it is.

mike - #12, Sunday, January 10, 2010 - 3:19 AM CT

I ve had a really good experience.  My account was approved and opened.  Great Customer Service, accessible staff, etc.  Sorry to hear of your bad experiences. 

 

Mike

john - #13, Sunday, January 10, 2010 - 1:09 PM CT

Like the others postings, I completely agree that this is a joke if not a potential fraud.  I was rejected and not even given a reason for this.  Meanwhile, I have a credit score  of around 790 and a great credit history with never a late payment and a credit card with a history of 20 years.  I start to wonder why they even advertise this product when it appears to be a total scam, with few if anyone being accepted for this.  Applying is a total waste of time.  You start to think this might even be a trick to get people's personal information and potential identity fraud, when so many low risk and what would be consider premium customers at other financial institutions are being rejected by this firm.  I would advise everyone not to bother with this and would even recommend that depositaccounts website not continue to post this obviously fake and misleading announcement. 

hahaha - #14, Tuesday, January 12, 2010 - 3:09 PM CT

hahahahaha

K-Dog - #15, Wednesday, January 13, 2010 - 1:48 PM CT

well...if you have so many accounts that are paying high interest, maybe you should give other people a chance to earn some interest? viewpoint is a small bank, can't offer 4% APY to everyone on earth! thats probably why they decline people with so many inquiries...quit being greedy!

K-Dog - #16, Wednesday, January 13, 2010 - 1:54 PM CT

and if it was fraud or a scam to get personal information, they wouldnt be FDIC insured would they?

Anonymous - #17, Thursday, January 21, 2010 - 10:33 PM CT

They're based out of Texas; what did you think would happen?  

D - #19, Thursday, January 28, 2010 - 4:21 PM CT

L- do you work for this bank? You seem to know a lot about ViewPoint.  I'm glad people post their experiences with being denied.  The last thing I want is to waste time and get another ding on my report without a chance of getting this account opened.  My brother applied last year and got denied and now I check this thread looking for better reports of people having success in opening. Keep posting updates!

Anonymous - #20, Saturday, February 6, 2010 - 4:01 PM CT

L- Your comments in defense of this bank are unreasonable unless of course you are their employee.  Thereofre, pl tell your bank managers to have them selves removed from this list.  They are not honoring what they advertise and that is called "FALSE CLAIMS" "MISLEADING ADVERTISING".

Anonymous - #21, Wednesday, February 17, 2010 - 8:56 PM CT

Account opening is a pain. Unable to open account if have a few other inquiries from chexsystem.

NR - #22, Tuesday, March 9, 2010 - 2:48 PM CT

I have opened absolute checking account in Feb 2010 at a local branch in Coppell, TX and it was smooth. I also received the interest for the month of Feb.

They were also offering a free 1 year lock box facility with no charges.

Absolutely loved it..

Did the people who got rejected apply it on the web??

NR

tj - #23, Saturday, March 13, 2010 - 9:51 AM CT

Alas, I was also rejected for the same reason as most-- too many inquiries (in other words, too many other reward accounts or CDs, etc.).  My credit rating is likewise very high.  But think about why they would want to reject someone like me...  It's not because I'm a deadbeat and owe money or the like.  It's because they know I will move a lot of money into their no-limit high-interest account but I will NOT in turn borrow money from them for a mortgage.  They also know (based on the # of bank inquiries) that I will turn around and move ALL my money out of their account as soon as their interest rate drops or I can find a bank that will offer a higher interest rate.  I was extremely upset that I was rejected for a CHECKING account, but in retrospect, I can understand why.  (PS:  No I don't work for them nor do I like their businsess practice.  I think they should stop offering NATIONWIDE rewards checking and instead restrict it to their local area.  They are obviously too small to deal with a lot of money flowing in and out and they will likely go belly-up trying to pay out the high interest.  Just look at what happened to CBDirect - they offered 3% on no-max-balance and now they are bankrupt.)

Anonymous - #24, Monday, March 15, 2010 - 9:23 AM CT

I think you are all misunderstanding how chexsystems works.  And while yes, being a personal banker at a competing bank, while seeing a large amount of inquiries could be an indication of a rate-shopper (will not have an extended relationship with the bank but will rather leave once the promotional rate drops) that is not the reason you have been declined.  Multiple inquiries on chexsystems could also mean that individual has the means of check fraud, money laundaring, or structuring to promote terrorism.  Don't blame the individuals that are just doing their jobs with the restrictions set out by the banking industry (its called the Patriot Act, you may have heard about it after 9/11 and it completely changed the banking world).  As for consistantly moving your money around to make sure your 250k is insured... add some PODs, or talk to a wealth management representative.  I can't imagine its worth spending that much time just to get 2-4.00% APY. May be you could consider paying off that $750k mortgage on the house that's oddly enough not worth that much anymore. Its time to stop living like 100k millionaires and realize that a "Jumbo CD" isn't what it used to be.