Canceled credit cards affect recruiting

So I previously had cards at a large bank (think citi/BoA credit card) but canceled after getting rewards and before paying 2nd annual fee  also had business cards I canceled as I was kind of an Uber driver on the side. 

Now I’m trying to interview and hopefully work at said bank. 

Will this somehow hurt my chance? Will they pull this info up somehow? Would it be a big red flag on background checks? Thanks.

8 Comments
 
Most Helpful

Yes. My friend took out a credit card through Bank of America during his sophomore year of college and used it to fund a trip to Mexico for spring break. Fast forward two years and he was going through his last round of interviews. All of a sudden the MD interviewing him mysteriously got a call on his cell phone and hastily walked out of the interview. He walked in a few minutes later and cut the interview short. Turns out my buddy got dinged for missing payments and having a sub 500 credit score. He was completely blackballed from all the bulge brackets as well.
 

I wonder what he’s up to now days. I no longer associate with him because he’s a fucking peasant. 

 

Perferendis suscipit libero saepe nihil adipisci natus non. Ad recusandae error ipsa ut aut veritatis. Reprehenderit voluptas eaque et vitae ex quam nihil. Quos sed praesentium quis eos omnis similique.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (15) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”