American Express Savings Account

[WaterMermaid]

I'm thinking of opening a savings account with American Express.

 

Are they checking Early Warning System?

Are they running a credit check?

Do you need good credit to open an account with them?

 

Thanks in advance.

 

 

 

[haru]

I have an Amex savings account, to the best of my knowledge they pulled a soft on Experian and pulled ChexSystems as well.

 

EDIT: Pretty sure they don't use EWS and my credit wasn't great when I opened it ( 620 FAKO I believe )

Edited April 27, 2012 by haru

[mca]

I'm thinking of opening a savings account with American Express.

 

Are they checking Early Warning System?

Are they running a credit check?

Do you need good credit to open an account with them?

 

Thanks in advance.

 

Yes they do use chexsystems but it seems many people are still being approved

[L'intellectuelle573]

Arrrrgh,I've been thinking about opening a savings account with AMEX since it will be a while before I can open a checking account again.

[Credit Please]

Amex has a new checking account service they offer called Blue Bird where you can send a pic of the check for deposit and there are no fees involved except when you initially set up and thats $5. I signed up for the service, my biggest complaint is the use of the Amex card is not many people accept Amex.

[Burgerwars]

I've read some poor reviews of Bluebird. Mainly if you have a problem it's almost impossible to talk to someone. Hours long phone wait times. I opened an account just for the heck it, not that I need it. I just have a small balance. It's not a checking account because you can't write checks, but that may be coming. It does have bill pay and a debit card. It may be good for people locked out from regular bank accounts. For anyone else, I wouldn't rely on it.

[mca]

I've read some poor reviews of Bluebird. Mainly if you have a problem it's almost impossible to talk to someone. Hours long phone wait times. I opened an account just for the heck it, not that I need it. I just have a small balance. It's not a checking account because you can't write checks, but that may be coming. It does have bill pay and a debit card. It may be good for people locked out from regular bank accounts. For anyone else, I wouldn't rely on it.

I have heard both negative things about this card and positive things as well