Awhile back, I talked about switching our main bank account to ING. I didn’t end up switching. After thinking about it and the steps I’d have to go to switch everything over, I chickened out. Then I heard that they do a credit check for the Electric Orange account, and I didn’t want my credit run, so that sealed the deal. Recently I received a postcard in the mail for a $50 ING Electric Orange bonus and that made me question my decision.
The deciding factor was that the check credit before they open an account. I’ve got good credit, so what’s the problem? Like many people, I don’t like the idea of having my credit checked more times than absolutely necessary. I’m so fickle I don’t know when I’ll need to use my credit so I like to keep the credit checks down.
Another factor of why I haven’t switched is because my hubby’s employer doesn’t offer direct deposit, so I’d still have to keep my accounts at my current bank open. Not only would I have to keep up with those accounts, I’d have another checking account to keep up with!
I don’t know if I’m being reasonable or being silly. I don’t foresee any instances in the very near future where we’ll need to use our credit, so should I even worry about that? *knock on wood* Is it really that big of a deal for a hit on your credit score when they run credit? I don’t know.
Do you think I should switch? Am I worrying about the credit check for nothing?