You can always close your account. But before you do, beware of another fee coming your way. PNC and U.S. Bank charge customers $25 for closing their accounts within 180 days of opening them. Chase charges you $25 for shutting down an account within 90 days of becoming a customer.
People also ask, is there a charge to close a bank account?
Many banks require you to have your account open for a certain period of time before closing it, or else you get slapped with a fee. BB&T and Citibank charge a $25 fee if your account is closed within 90 days of opening it.
Is it bad for your credit to close a bank account?
When Closing a Bank Account Can Hurt Your Credit. There is a situation where closing a bank account could affect your credit score, in a bad way. You may have a hard time opening a checking or savings account if you have a negative record with ChexSystems, but these records aren't included in your consumer credit score
Is it OK to close a savings account?
Traditional savings accounts do not appear on your credit bureau reports, so opening/closing them will not impact your score. There is a separate system for tracking consumer's bank accounts, but as long as your accounts are in good standing this report would remain favorable.