The Money Mustache Community

General Discussion => Welcome and General Discussion => Topic started by: redman4556 on March 12, 2021, 03:42:07 PM

Title: Business checking with Chexsystems flags
Post by: redman4556 on March 12, 2021, 03:42:07 PM

I have a couple negative chexsystems marks. I'm working on sorting them out with the respective banks, but in the meantime would like to start a business checking account. So I don't have to use a second chance bank like bbva to open our business account im trying to find a way to get a normal business checking with chase or bofa. Is there a chance I could be approved even with my chexsystems issues if my partner opens a business account and adds me as a joint or authorized user? I'm just trying to start building legitimate income history since I made the mistake of mixing personal and business finances in one account due to these stupid chexsystems flags.

Title: Re: Business checking with Chexsystems flags
Post by: dandarc on March 12, 2021, 04:07:06 PM

That's a question for Chase and Bank of America, not this forum.

Title: Re: Business checking with Chexsystems flags
Post by: katsiki on March 12, 2021, 07:30:58 PM

Does your business have an EIN?  If so, I am not sure your personal chex issues will matter.  Not an expert on this particular scenario though.