Square Savings Account closed and now I can’t open a new one!

I had to transfer my business into my new last name. Square made me close my savings account to do this, and now I can’t get a new savings account (even thou I have a new checking account number and a new debit card)! Why can’t I have a new Savings Account number also?? My whole business and client history is on this account… I don’t want to loose it! 

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Square Champion

I am surprised they needed you to close the savings account. Unfortunately, I don't believe you can open a new one without contacting support and potentially escalating it to the issuing bank. I know the bank for the Square checking & savings accounts dictates how they operate and whether you can open a savings account after one closes, not Square itself.

Josh Schaeffer,
A Troll's Kitchen

"Knowledge, if it does not determine action, is dead to us.”– Plotinus


Square Champion and Square Innovator
https://www.atrollskitchen.com
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