Posted by William Charles on March 29, 2016
Bank Account Bonuses

Published on March 29th, 2016 | by William Charles


Banks & Credit Unions That Are ChexSystems Inquiry Sensitive

We post a lot of different bank account bonuses, one of the most common questions we get is ‘How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?‘. Most of the time when you open a new bank account, they won’t do a hard pull on your credit report (data points for that can be found here). Instead they will check your ChexSystems report.

ChexSystems contains information regarding your deposit accounts and is used by around 80% of all financial institutions. It contains information regarding new account openings and also the following red flags:

  • Unsatisfied balances
  • Check overdrafts
  • Depositing fraudulent checks
  • Suspicious account behavior reported by other banks (e.g possible structuring)

Some financial institutions won’t open a new account for you if you’ve opened too many new accounts recently as it can be a sign of possible fraud and they also want to limit people like us chasing bank account bonuses. I thought it’d be useful to have a list of banks & credit unions that are sensitive to too many inquiries and also ones that aren’t. Please add more data points in the comments so we can make this resource page more useful. When sharing your datapoints, let us know if you applied in branch or online. Also keep in mind that these inquiries stay on your report for a maximum of two three years.


Banks/Credit Unions That Are Inquiry Sensitive

3Rivers Federal Credit Union

American Eagle Financial Credit Union

Ameris Bank

Andigo Credit Union

Banco Popular

Bank of Canton

Bank Of The West


Looks like they have changed their application process and are no longer sensitive.

Blue Federal Credit Union

Blue Hills

BMT (Bryn Mawr Trust)

Byline Bank

Cambridge Savings Bank

Capital Bank

Carver Federal Savings Bank

Central Illinois Bank

Century Bank

  • Decline with 7 accounts opened in last 9 months

Charles Schwab

Chesapeake Bank

Christian Community Credit Union


Commerce Bank

Dedham Savings Bank

Eastern Bank

Elements Financial


Emprise Bank


Evansville Teachers Federal Credit Union


  • Will decline you if you’ve had more than 10

Farmers & Merchants State Bank


  • Approved, then denied two weeks later due to ‘excessive’ account openings. Total of two accounts had been opened (via e-mail on 07/05/18)

Fifth Third Bank

First Citizens Bank

First Financial Bank

First National Bank

First Northern Credit Union

First Tech Federal Credit Union

Florence Bank

Fremont Bank

Hiway Bank

Home Savings Bank

HomeStreet Bank

HomeStreet Bank will often approve you, only to close your account at a later date due to excessive Chex inquiries.

Horizon Bank

Iberia Bank

Integrity Bank

Justice Federal Credit Union



Level One Bank

Liberty Bank

Marine Bank

Memory Bank

Midfirst Bank

MVB Bank

Nevada State Bank

  • Declined with 11 in last 12 months: 1

Newtown Savings Bank


Ocean First Bank


Orion Bank

People’s United Bank


  • Will decline you if you’ve had more than 10

Pinnacle Financial Partners

PNC Bank

Popular Bank

Premier Credit Union

Prestige Community Credit Union

Provident Credit Union



Rockland Trust Bank

Salem Five Bank

Sandy Spring Bank

SkyOne Federal Credit Union

Sound Credit Union

Southside Bank

Southstate Bank

The Bank of Princeton

Thrivent Credit Union

  • Denied with 15+
  • Denied with 16 in last 12 months and 30 in last 24 months (via e-mail on 09/04/18)


Union Bank

Union Community Bank

Union Bank & Trust

Union Savings Bank

Valley National Bank

Verity Credit Union

Vio Bank

  • Denied for Chex activity (1, 2, 3)

Washington Trust

Watertown Savings Bank


Westfield Bank (MA)

Westfield Bank (OH)

Banks/Credit Unions That Aren’t Inquiry Sensitive



Axos Bank


Bell Bank

BMO Harris

Capital Bank


  • Successfully opened with 20+ new accounts on my ChexSystems report

Citizens Bank

City National Bank

Columbia Bank


East Boston Savings

Excite Credit Union

FirstBank [TN, GA, AL]

First National Bank of Long Island

First Tennessee

  • No issue with 30+ accounts on my ChexSystems report in last three years

Forcht Bank

  • Approved with 30/50 in the last 12/24 months

Fulton Bank

GTE Financial

Hanmi Bank



Interior Federal Credit Union

Investor Bank

Lakeland Bank


MECU Credit Union

M&T Bank

My Banking Direct

Northfield Bank

Old National Bank

Pinnacle Bank

Republic Bank


State Bank of India


TCF Bank

TD Bank

Tech Credit Union

TIAA Direct

Unify Financial Credit Union

U.S. Bank

Washington Savings Bank


Wells Fargo

Final Thoughts

I’ll update this page as more data points come in, but these reference articles are only as useful as you make them so make sure you share your data points and then everybody benefits.

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Declined by Northpointe last week with a total of 16 in the past 2 years


That’s strange, Jacob. I had a very similar record, but I was approved for my Northpointe account.

Here’s my data point. I had also opened 6 new accounts in the past 2 years. 5 of those 6 were opened in the past 1 year, and 3 of those 6 were opened in the past 2 months (2 in January, 1 in February).


I replied to the wrong comment by mistake here. Feel free to delete this one. Thanks.


My application was accepted at Northpointe with 12 inquiries in past two years.


Byline bank in Illinois will decline you if you’ve had more than 2 inquires.


Holy shit, that’s fucking insane. I’d avoid any bank that’s that afraid of competition.


Data point:
Denied from Northpointe, only 6 ChexSystems inquiries in the last two years.
Although 3 were in January and was 1 was in February, I was still surprised. Going to hold off on more bank bonuses till after the summer. I had also received my free report from ChexSystems just before applying and besides the inquires there would be nothing to effect it the decline.


That’s strange, Jacob. I had a very similar record, but I was approved for my Northpointe account.

I had also opened 6 new accounts in the past 2 years. 5 of those 6 were opened in the past 1 year, and 3 of those 6 were opened in the past 2 months (2 in January, 1 in February).


perhaps changed criteria since new high interest checking? just got approved for northpointe with 15/7 months!


Inquiries from chex system stay on for longer than 2 years. It’s at least 3 years. I got a copy of my chex report last week and there are inquiries from as early as May of 2013 listed under inquiries initiated by consumer action.

separate data notes. BBVA opened account no problem despite 20+ inquiries.
Provident CU- declined for too many inquiries
synchrony bank-declined too many inquiries
bank of the west declined too many inquiries (despite having an investment account with them)


You might be the only seeing them because rule of thumb is 2 years unless it has changed.


2 years is definitely true for credit reports as they always drop off. but if i’m seeing it on chex then the banks can as well. I looked at the chex website and it doesn’t state how long inquiries show on their report.

However, I just checked the report itself it states on the report that inquiries can be viewed up to three years


There’s another factor we don’t know then. I pulled my Chex back in December and CapOne 360 and Chase checking accounts I had opened 14 months prior did not show up.


Does this mean Chase doesn’t pull up your Chex report when you sign up for a checking account with them?

Can anyone confirm this? –Worried about multiple inquiries


Santander is sensitive – denied me when I don’t think I had more than 2 or 3 inquiries


I don’t think Santander is that sensitive. Spouse and I opened at least a dozen bank/brokerage accts a few months before each opening a santander extra20 with no problems.


Don’t know how many of these are actually on my chexs report, but I’ve open 9 checking and 3 savings in a little over a year and Santander approved me, so they are not always sensitive…I’ve yet to be turned down for any, although I specifically avoided BofW due to reports I was seeing here.


Santander had 11 inquiry to view for me prior to opening an Extra20 with them last October, 5 of those were within 12 months. No problems.


Santander (at least during the Extra20 era) would decline online for various issues claiming that they could not verify identity, but might allow if the account was opened at the branch.


Isn’t perkstreet closed?


PNC bank – denied after chexsystems pull .

30+ chexsystems inquiries 3 years – my chexsystems shows 3 years + who knows what all they show folks who inquire…


Any new DPs on PNC being Chex sensitive?


I was just declined with 16 in 8 months


I was denied for having two in the past month.


I had 2 accounts closed in January 2015 , AFTER first being approved/opened (they were closed within 2 weeks) due to “further review”, citing too many inquiries/accounts opened. Probably had 5-7 accounts opened in the 4 months prior. This happened to me at People’s United Bank, and also at Banco Popular.


Same here. Approved for online application immediately but then closed one week after. Was told that if any remaining balance left, will be sent back a check within 30 days from account closed.


Elevations CU denied for about a dozen inquiries in 8 months.
First Tennessee had no problem.


Denied by Citadel due to Chex, reason not listed, never received snail mail rejection. Opened Ocean First a few days before which is likely reason. Babying that one with in bank transactions and “normal” use.


Approved by Northpointe banker manually with ChexSystems frozen, during the promotion (contacted via email).


Also denied by KeyBank for “ChexSystems reasons” (in-branch). I froze ChexSystems and went again; their system prompted banker to call someone at a ChexSystems phone number. The banker tried but didn’t succeed, and finally she asked me “How many checking accounts do you have” and “How many among them come with an opening bonus”…

Looks like their system and staff are trained to go against bonus chasing. 🙁

Don L

Can confirm Keybank blocked me based on ChexSystem Inquiries.

I’m in the 1-2/month range fairly evenly spread out.


Not sure why you have First Tennessee as “Banks that are not inquiry sensitive”. They denied me back in December of last year, after I had opened 2 accounts in about a week or two with the following E-mail

“We regret we cannot open your account and/or add your name as an owner/signer on an account.

We also obtained your Chexsystems score and used it in making our credit decision. Your Chexsystems score is a number that reflects the information available in your Chexsystems report related to past debit performance.

Your score may change depending on how the information in your Chexsystems report changes.

Your Chexsystems Score: 0558 on date: 2015-12-24
Scores range from a low of 100 to a high of 899

Key factors that adversely affected your ChexSystems score:

Chexsystems did not make the decision to deny your account application and is unable to provide you with specific reasons why the decision was made. ”

I have opened 3 more accounts after this denial at other banks completely fine.


I got declined by Provident Credit Union due to too many inquiries. Here’s the message they send me:

“We are unable to process your requests due to past history with other financial institution involving multiple inquiries and/or unpaid report that have been reported on Chexsystems. For more information regarding these inquiries and/or report please contact Chexsystems at 1-800-513-7125. You may also visit their website at”

So I requested a copy of my Chexsystems reports, it shows I have total of 8 inquiries in the past 2 years, 4 of them happened in the past 4 months.


however I applied for Northpointe couple weeks after but got approved with no problem.


Does your ChexSystem report list rejected applications? Are those considered a negative item?

I know credit reports show all hard inquiries from the past 2 years, even if they didn’t lead to an account opening. Not sure if ChexSystems is the same way.


The report lists all the banks that have run your ChexSystems report. It doesn’t differentiate which of those banks actually opened or denied you an account. It just says BANK, DATE OF INQUIRY, and ADDRESS OF BANK.


Add New York Community Bank, and it’s subsidiaries. Even if approved by the local branch manager, their Risk Department double-checks applications and can close the account.

adam d
adam d

Just started banking bonus game this year. SO far NO denials all opened no problem.

1/19/16 – First Tennessse
3/4/16- Chase
3/11/16- Talmer Bank
3/18/16 – Citibank ($300 promo)
3/23/16 – Northpointe

$1200 so far, thanks DOC.

Side note: Accounts opened and closed in 2015 no bonuses.
4/14/15 – Chase closed
4/14/15 – TCF opened.
10/12/2015 – Fidelity opened.


Just a key note:

Chase, BOA, and PNC didnt run chex info on me to open checking and savings accounts with them.
It must be because of my credit relationship with them.


Another one is Consumer Credit Union –


I have a “security freeze” on chex. I have lots of inquiries on my account and there were times that banks don’t disclose they are doing an inquiry when opening a secondary account with the same bank. (agriculture fcu for one). Despite my security freeze an inquiry recently showed on my account. I called chex system and the rep acknowledged there is a freeze and the inquiry. The inquiry is from a bank I never attempted to open an account or have one with.
The rep stated that they did not provide any information because of the freeze. I asked her why is the inquiry there if I have a freeze and info was not provided. She stated that since an inquiry was made, even if they didnt provide it, they record it. She said I had to initiate an investigation to request it to be removed and IF the bank agrees it was not legitimate they would remove it. So essentially the bank has to admit to wrongdoing, if they dont it stays. SHe said if i dont agree with the outcome, I would need to provide a police report.


Hi WC. First off thanks so much for initiating this kind of thread. It’s a great idea and could be a tremendous resource for those of us who open bank accounts for bonuses. (And when a person combines the bank bonus with funding a credit card, the bonus can be really high.) I note that you are focused on ChexSystems exclusively here. I’d like to suggest that you rework this resource, if you have the time, so that it discusses both CS and also EWS (Early Warning Services). EWS is a competitor CRA to ChexSystems and there are some banks that only report to EWS, some that report only to CS, and some that report to both. The idea of reporting only to one is especially common when all that is being reported is an inquiry or a new account. Thus, when you identify Wells Fargo and Chase as very CS-friendly, that’s because they are part of the consortium that created EWS and uses it heavily. I have opened two different Chase bank accounts and two different Wells Fargo accounts and two different Regions accounts in the last 10 months — all on six different days. None of them appear anywhere on my CS report and all of them appear on my EWS report. Thus I am not surprised that Chase might not care if I have 20 inquiries on my CS report. That’s because they aren’t pulling it. Much more interesting would be to hear about a person’s EWS report who gets approved or denied at Chase. So what I think might be helpful is to revise your resource as follows: * Make it a resource that explains the concept of CRAs that track inquiries and new accounts for consumer’s opening bank accounts. * Give a short description of ChexSystems and EWS as the two main CRAs for this. * Encourage people to post data that indicate whether a particular bank reports inquiries and/or new accounts to (a) Only CS (b) Only EWS (c) Both * Encourage people to post data about sensitivity. The idea datapoint would give give the bank applied to, the refusal or approval, along with the number of inquiries at that time in both EWS and CS. You are definitely doing all of this, but because your resource is based on the idea that CS is the only relevant CRA, it is less helpful than… Read more »

Don L


Really fantastic comment, thank you

I recently requested my free ChexSystems report and can confirm, I had no inquiries for checking accounts opened at Chase, Wells Fargo, and BoA. Everything else matched up.

I will attempt to pull my free EWS report.


“[EWS] is owned by seven of the country’s most respected FSOs – Bank of
America, BB&T, Capital One, JPMorgan Chase, PNC, U.S. Bank and Wells Fargo.”

I can confirm that PNC reports to both (it appeared on both my CS and EWS report). Citi and Discover also appeared on both for me.

My BOA, Chase, and Wells Fargo appeared only on my EWS. Same for Regions.

I have no accounts with BB&T, Cap One, and US Bank, so I can’t see from personal experience whether they report only to EWS, though I wouldn’t be surprised if that was true.

Don L

I have a US Bank ChexSystems inquiry but it is an old data point (07/2014), before they became an owner of EWS on October 26, 2015


Thanks Don. Really helpful to hear about the timeline for when US Bank became an owner of EWS.

I agree with you that we can (a) infer that USB used CS before they became an owner of EWS and (b) infer nothing about what they are doing now (they might use both or only use EWS).

I am really interested to hear what you see when your EWS report arrives!

Don L

CGID thanks, received my report (it’s a little more complex than the ChexSystems report).

I. For the Section “inquiries made as a result of your opening or attempting to open a bank account”:

BoA (02/2016)
Wells Fargo (12/2015)
Chase (07/2015)
Compass (odd one – corresponds to opening of a BBVA Compass NBA Credit Card?)

Santander (12/2015)
Fifth Third (08/2015)
Keybank (06/2015)

Wonder if it is valuable to manage bank inquiries across the multiple systems (Chex, EWS) like we do credit inquiries across (TU, EX, EQ)?

Those are all the inquiries, but there is a first section of institutions that report transactions. The way I interpret it, some institutions may only report transactions, some may run inquiries?

II. For the Section “transactions related to your accounts”, the following additional institutions reported here:

Capital One 360 (04/2013)
Citizens Bank (08/2015)
Discover (10/2015)
Huntington (Last 06/2015)

As you mentioned, it would be nice to get data points from people who have pulled their reports and throw them into a spreadsheet. I think we could get a pretty good picture with maybe 10-15 reports. I don’t think that I’ve got the energy to take on that project on right now, maybe in the future, or very interested if anyone else has already done it.


Well established at two banks (nationally known brand and regional brand)
Nationwide small account opened a couple of years ago – modest balance.
Three year lookback could include a couple of bonus opened accounts which never had more than a couple of hundred bucks in each one.
Opened Northpointe Bank on DOC promo with no ChexSystems issue AFIK. Northpointe Bank DOC promo sign up system issues caused more than one account to be opened / double ChexSystems inquiries likely.
Shortly thereafter – applied with BAC for a savings account after opening a CC for a bonus/spend combo.
BAC did a hold for review before opening the savings account – BAC did NOT indicate the concern and did NOT send disclosure of whatever slowed them down. Suspect ChexSystems without knowledge.
I do remember when I took a friend in for a secured checking account, Wells Fargo ran checking account type service organization pull and hard pull on standard credit bureau.


Followup to my April 21, 2016 at 2:37 am posting which this should be a reply to.
Per a request on DOC in one of these or similar threads on DOC, I pulled my ChexSystems report as an annual consumer request dated late June 2016.
Only two inquiries listed. No credit score listed. They offered one for $10.50 fee which I have no reason to pay.
NorthPointBank 03/21/2016 as part of the DOC promo at that time.
NationWide Bank (affiliated with NationWide insurance)
Columbus OH
I got a savings account as part of a bundle with a car loan. Got car loan APR discount for getting the savings account in addition to the car loan.
No other activity listed.


Too bad we cannot edit our DOC posts made within so many hours or days.
Added thought. I got a savings account for CC reward bonus reasons after App-O-Rama BankAmerica MLB card obtained.
The saving account was stalled while BAC did some kind of review, but nothing on my ChexSystems report from or about BAC.


A friend reports getting approved for Valley National with over 15 Chex inquiries. Applied online, was told to come in-branch. Approved in-branch.


Was denied by Citibank, ~9-10 new bank account openings in the last 4months

steven lefever
steven lefever

Homestreet bank opened an account for me with a $200 bonus. I got an account number, registered it online with an ID and password. A few days later they closed the account because they said I had too many checking account inquiries.


That’s a form of adverse action based on a report pulled from a CRA, which means they need to give you a fuller explanation. (They still have every right to take the AA, you just have a right to know more.)

For example, which CRA did they use? Was it a Chexsystems report? Or an EWS report?

When they said there were too many inquiries, how many inquiries did they see?

Were a bunch of the inquiries recent? E.g. four inquiries within the last six weeks?

If you can tell us the answers to these questions, that would be a huge help to the folks on this thread. It gives us more hard data for knowing when banks are likely to begin rejecting applications to open new deposit accounts.

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