Opening Bank Accounts

Does anyone do the shops where they want you to open an account? They always say you can close them but I don't like messing with my finances even if it is just for a week.

Create an Account or Log In

Membership is free. Simply choose your username, type in your email address, and choose a password. You immediately get full access to the forum.

Already a member? Log In.

I got a request to open a checking account with $1 at a no-name bank located inside of Walmart.
How would opening an account "mess with your finances?"

Think of it as a loan to yourself paid back with interest (shop fee).

"I told myself to quit you; but I don't listen to drunks." -Chris Stapleton
Please don't name the bank name, but if this is the one for Sinclair, I have done it several times. In the survey you can chose to have them close the account for you and I have never had an issue.
Try looking into bank promotions too.... Those are typically an easy $200 or so to 'try' out a different bank. Sometimes you can receive other gifts such as tablets, mugs and other goodies. I consider bank promotions a side hustle, along with time share presentations, etc.

Shopping the Greater Denver Area, Colorado Springs and in-between in Colorado. 33 year old male and willing to travel!
I have done these at three large banks (some several times) and at what you referred to as the no-name bank. All are easy money, did not affect my credit at all, and were closed with ease. I am in the middle of doing a group of 5 across 3 banks, all repeats of ones done a couple of years ago. For multiple savings account, I just say that I am saving for different trips of other large purchases and ask if I can give each account a "nickname" to help me to manage them. So, at 3 different branches of Bank A I may have accounted named: Maine vacation, new car and deck refinishing.

Based in MD, near DC
Shopping from the Carolinas to New York
Have video cam; will travel

Poor customer service? Don't get mad; get video.
Sorry, only registered users may post in this forum.

Click here to login