After Reading All The Negative Reviews I Was Very Reluctant To Apply

After reading all the negative reviews I was very reluctant to apply. I have opened a lot of checking accounts. Many of the accounts opened were just to collect the bonus. However, occasionally I would really like the bank and use them regularly. Then I started getting rejections when I tried to open some checking accounts. It seems that some banks like Green Bank, Perk Street and Capital Plains would reject you based on too many inquiries from CheckSystem. The first time it happened, I had ChexSystem send me a copy of my report. There wasn’t anything negative on it. I then would inquire with the rejecting CSR and they said that they were just trying to protect themselves from professionals who’s only purpose was to just collect the bonus and then close or not make use of the account. Obviously, that can be a shortsighted approach, especially if it’s used for a rewards checking account. 

I really would like the account at View Point because of the $ 50,000.00 cap and 4% but figured I’d just be rejected. I finally submitted my application and was surprised they approved me. One of the things that they are requiring is that I have my picture ID notarized. My experience has been that just sending a copy of your driver’s licenses is sufficient but these people want it notarized. 

Anyway, just wanted to share my more positive experience.