Re: HSBC Direct $25 Bonus vs Emigrant Direct Bank (Is ING even in the competition?)
Moving around your savings won't affect your credit score, but opening accounts at banks that do hard inquiries on your credit will.
Having said that, the whole point of building up your credit score is to make use of it when it counts, i.e. to decrease your interest rate on loans or increase your interest rate on savings. A drop from 815 to 798 is inconsequential in my opinion, especially if it means you're earning an extra $10, $20, $30 a month.
|