Has anybody done these? There are several I could do in my area. Basically, you fork over a little money to open an account and then overdraft the account and then at some point after a period of time close the account. They are basically wanting to see if te bank is making these overdraft calls to customers, I think. Worth my time? I talked to somebody on the phone about this from the MSC and she said they were assured it would not affect my credit score. Any feedback?
Details:
PART ONE: Account Opening Shop You will be opening a checking account (acceptable account names listed in guidelines) in order to complete this assignment. The survey for this shop contains three separate phases and must be filled out as indicated in your guidelines. (Phase 2 and Phase 3 are follow-up sections and only contain 2 questions. These may fall outside of the due date) Note: The pay for this shop is inclusive of a $12 debit card fee which is a requirement of the shop. In order to open the checking account, you will need to supply the minimum initial deposit of $25.00 - $100 (Note: The amount varies branch to branch) This part/shop pays $50 plus a $25 BONUS!!!! This shop is part of a special study, which requires an abundance of information and detail. If assigned, you MUST read the guidelines and the survey THOROUGHLY and follow all instructions exactly. Failure to do so will result in loss of payment. PART TWO: Overdraft Telephone Shop This shop takes place approximately 30 days after the account opening shop. This will be a simple shop in which you overdraw your account by a small amount. An employee from the bank will call you after the overdraft has posted to your account. You will then fill out the survey based on that telephone call. After completing this portion, you will need to visit the bank and bring the account back into the positive (or to a $0 balance). NOTE: The bank has asked that we have shoppers purposely overdraw their accounts, they have assured us that this will NOT affect your credit score or your account with the bank. The bank will refund all fees associated with the overdrawing of your account. To successfully complete this shop, you will need to keep the account open for approximately 40 – 50 days. Once this project is complete you can elect to keep the account open or request that we close the account for you. This part/shop pays $40!!! FINAL NOTE: If you are assigned this shop, you MUST complete this shop within the scheduled time frame!!!! You are given a start and due date, this shop must be completed between those dates. Overdrawing your account before the start date will result in the overdraft fee not being waived by the bank. Shoppers must have computer knowledge.
Details:
PART ONE: Account Opening Shop You will be opening a checking account (acceptable account names listed in guidelines) in order to complete this assignment. The survey for this shop contains three separate phases and must be filled out as indicated in your guidelines. (Phase 2 and Phase 3 are follow-up sections and only contain 2 questions. These may fall outside of the due date) Note: The pay for this shop is inclusive of a $12 debit card fee which is a requirement of the shop. In order to open the checking account, you will need to supply the minimum initial deposit of $25.00 - $100 (Note: The amount varies branch to branch) This part/shop pays $50 plus a $25 BONUS!!!! This shop is part of a special study, which requires an abundance of information and detail. If assigned, you MUST read the guidelines and the survey THOROUGHLY and follow all instructions exactly. Failure to do so will result in loss of payment. PART TWO: Overdraft Telephone Shop This shop takes place approximately 30 days after the account opening shop. This will be a simple shop in which you overdraw your account by a small amount. An employee from the bank will call you after the overdraft has posted to your account. You will then fill out the survey based on that telephone call. After completing this portion, you will need to visit the bank and bring the account back into the positive (or to a $0 balance). NOTE: The bank has asked that we have shoppers purposely overdraw their accounts, they have assured us that this will NOT affect your credit score or your account with the bank. The bank will refund all fees associated with the overdrawing of your account. To successfully complete this shop, you will need to keep the account open for approximately 40 – 50 days. Once this project is complete you can elect to keep the account open or request that we close the account for you. This part/shop pays $40!!! FINAL NOTE: If you are assigned this shop, you MUST complete this shop within the scheduled time frame!!!! You are given a start and due date, this shop must be completed between those dates. Overdrawing your account before the start date will result in the overdraft fee not being waived by the bank. Shoppers must have computer knowledge.
