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KReddit934 t1_iu7ikaf wrote

Because the bank interest rate for saving is so low, many people open a seperate online savings account (check out Ally, CapitalOne360, DiscoverBank, or Marcus, among others.) Then you link the two accounts and can transfer money back and forth. Current these accounts are running at or just under 3% interest.

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mattledz OP t1_iu7kru4 wrote

Do any of these check or affect my credit score? My credit wasn't fantastic last I checked and I'm trying to work on it. I purchased a car 2 weeks ago so I know it's dropped. I'm getting very picky about doing things without knowing how it will affect my credit.

I've had issues with identity theft in the past so a lot of companies deny my application because of the issues with verification so I try to apply for something, it checks my credit, hurts my credit and in the end, hits me with a, "Yeah, sorry bucko. Not this time."

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KReddit934 t1_iu7mczd wrote

I thought that bank accounts use a different score to check you out...but if you have identity theft issues, it might be hard to prove your identity online, true.

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mattledz OP t1_iu9rulb wrote

I don't know how it works, that's why I was hoping Reddit could help. 🥲😂

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