 TITLE: Could Closing a Bank Account Affect My Credit? CONTENT: How to Safely Close Your Bank Account\n-------------------------------------\nBefore you close a bank account, contact the bank or credit union to ensure you don't have a negative balance. Also consider any outstanding checks or pending transactions that could bring the balance negative or hit the account after you've closed it.\nIf you're moving your banking to a different financial institution, one way to do this is to switch your deposits and transactions to the new account but leave some money in the old bank account for a week or two (or longer). Then, once you've confirmed there are no surprise transactions, transfer your funds to the new account and close it.\nIf the bank or credit union notifies you that your closed account has a negative balance, make it a priority to take care of it as quickly as possible. END