I recently received a Chase Freedom card and saw online either on this board or somewhere that I could get $200 dollars from Chase AS WELL AS a 10% bonus check on all cash back for the year each and every year just by opening a Chase checking account.
Now, this sounds like a no brainer to me except for the fact that my Wells Fargo account is listed on my credit reports as my longest account (since 1997) and if I close it, I think it would hurt my credit. Wouldn't it? I think it is the AAoA or something?
So, I guess what would you guys do? Close the WF account and open Chase or stay with WF? If you suggest stay with both, who should be my primary? Where should my direct deposit go?
I have no loyalty to WF I just went with them at the time (1997) , I was really bad with money then and they were one of the only ones that would even give me an account. However, at this point, if I need a car loan or a house loan, I think they would be better to deal with since I have been with them for so long than a new account with a new bank that I am barely opening an account with.