About 6 months ago, I opened an account with UFB Direct. They offered, and still offer, one of the highest MMA rates on this list (thanks again poundwise for keeping this up!).
I just found out that they ran a credit report when I opened the account. So now I have a "hard" inquiry that stays on for 2 years and may lower my FICO score. Fortunately, I'm not planning to apply for credit this year, so it won't affect me.
I went back and checked the fine print on my signature card, and sure enough, I authorized them to pull the credit report. Who reads that fine print, anyway?
Seems pretty bizarre that I'm giving
them my money, and they want to know if
my credit is good enough.