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Xinqing Wang
Xinqing Wang (@guest_1070853)
October 9, 2020 19:42

As a resident of Ohio, I applied today but got rejected:

Dear Xinqing,

We regret to inform you that we cannot open the account you have applied for at this time.

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.

Score Date: 2020-10-09

Your Chexsystems Score: 0575

Scores range from a low of 100 to a high of 899

Your Debit Bureau Reference number is 11H946689713

Key factors that adversely affected your ChexSystems score:
NO EVIDENCE OF PROPERTY OWNERSHIP
TIME AT CURRENT ADDRESS
NO EVIDENCE OF ASSET OWNERSHIP
NON-DEROGATORY PUBLIC RECORD HISTORY
RECENT UNIQUE FI DDA INQUIRY HISTORY
============
Does anyone know whether I can call them and get a re-consideration?

CO
CO (@guest_936651)
March 13, 2020 20:50

Just opened an account. It took a few days for approval and required a scan of my DL, but there was no hard inquiry. Chex ~20/24. CC funding up to $2,500 – didn’t code as a cash advance on my Alliant card

CO
CO (@guest_976131)
May 9, 2020 11:38
  CO

03-13-2020 – Account opened
03-25-2020 – Real DD posted (partial)
04-01-2020 – $100 DD bonus posted
– Throughout April I did 50+ Amazon reloads and small purchases –
05-01-2020 – $100 Debit bonus posted

Also I got a chex report last week and it seems like they did pull my report, as I have an inquiry from them. No hard credit inquiry, though

CO
CO (@guest_1058135)
September 20, 2020 11:09
  CO

Left a zero balance in the account for a couple months and they automatically closed it. No need to call the bank 🙂 Perfect bonus

Mr Fl0rp
Mr Fl0rp (@guest_865348)
January 5, 2020 12:38

When you click apply on the website, it asks for a zip code. I entered one for Nicholasville (7 miles to the closes branch) and it says the offer is not available. I think this one is very YMMV

Lily
Lily (@guest_939239)
March 16, 2020 12:32

I agree, very ymmv. I got the not available message even though I’m in one of the listed state.

Katie
Katie (@guest_804835)
August 30, 2019 11:34

See my reply to your other comment about my phonemail with Memory/Republic last year.

Katie
Katie (@guest_804863)
August 30, 2019 12:18

… and by “phonemail” I mean phone call! 🙂

CK9
CK9 (@guest_804321)
August 28, 2019 23:32

Can I close my Memory bank A/C now and then open this later (before 12/31 deadline)? Or is it one Republic Bank-associated bonus/ lifetime.

Katie
Katie (@guest_804838)
August 30, 2019 11:35

I don’t think we know the answer to this yet. We need somebody to be the DP. I’m willing to try as soon as I make the latest cc app rounds and some other bonuses free up room in my real DD. It’s been over a year for me since I closed, so I’m guessing they won’t check back that far but who knows.

Madeline Alright
Madeline Alright (@guest_802784)
August 25, 2019 21:09

I just realized that MemoryBank (many DoC readers got a bonus from here) is owned by Republic Bank? So I guess that makes most of us ineligible?

Katie
Katie (@guest_804831)
August 30, 2019 11:28

That was my comment. It is clear we were ineligible last year, but if you closed Memory over a year ago, it’s not clear whether we are still disqualified. I may try again. The worst they can do is what they did last time–call me and tell me I’m not eligible and do I want to continue to open the account.

RoamingRedPanda
RoamingRedPanda (@guest_802741)
August 25, 2019 18:10

I got two Chex pulls when I applied earlier this year (one immediate, one the next business day), in addition to the HP.

Tyler L
Tyler L (@guest_802740)
August 25, 2019 18:07

I have had an account with this local bank for about a year now. Overall they are pretty decent Bank.

They have a truly free checking account with no minimum balance.

They have decent ability for incoming and outgoing ach transfers. My biggest dislike is that they only allow approx five banks to be linked to it. If it weren’t for that, I could make this my primary checking account. (They clearly were not taking the average DOC user into consideration when they designed this account. 😀 )

FYI: deposits of money orders on their banking app may process initially, but will be rejected afterwards.. Deposit money orders in Branch only.

raekwon
raekwon (@guest_802717)
August 25, 2019 16:35

Hard pull + FIFTY debit card POS transactions required might make this the literal worst bonus I’ve ever seen. 😂

Matt B
Matt B (@guest_802724)
August 25, 2019 17:11

50 debit transactions is pretty easy. Reload amazon gift card or do Venmo.

raekwon
raekwon (@guest_802731)
August 25, 2019 17:21

Yeah, I wasn’t really talking about whether or not it’s easy. Just the fact that it’s so many in comparison to other bonuses.

Katie
Katie (@guest_802716)
August 25, 2019 16:35

I had a Memory Bank account last year and was disqualified from earning the bonus for that reason. Does anyone know whether this is churnable after one year? I don’t see any definition of what a “new account” is.

I don’t care about the 50 debit transactions… I’ve used small Venmo payments to my spouse ($0.01, $0.02, $0.03 etc), five at a time, for anything requiring debit card use. It takes seconds from my phone, I get to redeposit it back in our joint account, and I’ve never had that not work so far. The only barrier is that Venmo has a limit on how many different debit cards you can link within six months.

Matt B
Matt B (@guest_802726)
August 25, 2019 17:15

Katie I’m in the same boat as you. It says individuals who have not previously had an account, which makes me think it’s not churnable. I have my doubts about whether they actually enforce it though. Haven’t decided if I’ll go for this yet

Katie
Katie (@guest_802734)
August 25, 2019 17:41

@Matt B I am prob going to give it a shot in a couple of weeks. I’ll report back here if I do. I need to wait until I’ve already met DD requirements for current bank bonuses and until I’ve applied for a few credit cards on my list. I’m not afraid of a hard pull for $200… I do that all the time for a cc bonus! The HP is annoying, but I’ve never seen a single inquiry make or break anything.

Matt B
Matt B (@guest_802737)
August 25, 2019 17:55

I agree about the HP. From the fine print, it seems to me any ach transfer would work, doesn’t need to be a DD. The word choice is a little confusing to me though