close bank/credit union accounts after cd matures?

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills
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gips
Posts: 475
Joined: Mon May 13, 2013 5:42 pm

close bank/credit union accounts after cd matures?

Post by gips » Tue May 15, 2018 2:25 pm

I've been chasing CD rates for the last couple of years resulting in accounts at many banks and credit unions. I'm concerned about identity theft where someone accesses my account and obtains a loan/credit. I could close the accounts but it is convenient to have an open account in case the institution offers a top rate in the future.

interested to hear what other forum members do.

PFInterest
Posts: 2252
Joined: Sun Jan 08, 2017 12:25 pm

Re: close bank/credit union accounts after cd matures?

Post by PFInterest » Tue May 15, 2018 6:34 pm

is your credit frozen? this should be a non issue otherwise.

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