Getting or opening a bank account as a stripper can be tricky, especially because not all banks are SW-friendly.
There have been many instances of strippers getting denied by banks.
Here’s the most recent one that got me to make this post:
“Banks said they couldn’t open an account for me
I went to Chase Bank today to open a separate business account for my modeling LLC. I said I was a performer and model. The banker pretty much said that my account could get flagged as an adult entertainment business and that he could not open an account if I conduct business in adult entertainment clubs. What the hell is even that? Anyway, we moved forward with opening the account and but if it gets flagged, it could close my account. That’s all. Some bullshit 😂 I was like are you accusing me of being something I’m not??”
So, I’ll be sharing the important information you should know. We’ve got to stick out for one another.
Recommended Banks for Strippers
- Axos Bank
- Capital One
- Chime (customer service isn’t that great)
Please note that there are other banks and credit unions you can explore. This is NOT FINANCIAL ADVICE.
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Banking Tips For Stripper
Don’t Advertise You’re a Stripper
I haven’t had my account closed in years, and that’s because I never admitted to working in the adult entertainment industry.
So, for a start, do not admit to working in the adult entertainment industry, even if you’re a stripper that doesn’t offer extras.
It’ll be hard for you to clarify to the judgmental minds of those bankers that you aren’t a sex worker, so save yourself the stress.
You could claim to be a model, waiter, bartender, or anything.
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Try Credit Unions
I always advise opening an account with credit unions. They’re a lot better and more welcoming. In fact, there’s less likelihood of having your account closed by credit unions, and you also get good service.
Banks like Chase and Wells Fargo have been known to close accounts for multiple reasons, and may not tell you the specific violations. Also, Wells Fargo has “ridiculous fees” you don’t want to be a part of.
“Does your bank know that your business is dancing? I called multiple banks in my state and a lot of them didn’t allow me to open bank accounts since I was getting all cash. I called every local credit union in my state until I found one that accepted me doing cash deposits… So I would advise to just keep calling until you find that one that allows all cash!”
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Deposit Small Amounts Routinely
Okay, I know some girls make bank almost every other week, but large cash deposits are often triggers that invite unnecessary attention to your account.
My go-around for this is to choose a specific day of the week and deposit smaller amounts. Ideally, keep the deposits under $5,000.
I would also recommend opening a couple of different accounts (a mix of credit unions and banks). Spread your money into them on specific days. That’ll reduce suspicions or flagged activities.
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Tips for Depositing Stripper Tips in the Bank
Knowing how to deposit your $1 or $5 bills in the bank can make all the difference. Here are some tips to help you bank smarter as a stripper.
Go at Off-Peak Periods
Counting a lot of $1 can be stressful, especially when bankers are busy and have tens of customers waiting in line to be attended to.
You’ll surely get a couple of smack remarks for holding everybody else on the line too.
So, identify the off-peak periods and go in during those days. The first and last hours of the day are usually the best, but you can speak to a cashier about your plot.
Remember to be nice and friendly; the cashier is just another customer who you need something from without necessarily dancing.
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Count and Sort Your Money
It’s important to make the entire process as simple as possible for your cashier – this can earn you good graces in their books too.
I recommend strapping all singles and fives together in sets of $100s and $500s. if you’re making a larger deposit, go for $1,000s.
Organizing your money by denomination makes it easier to count and will save everybody’s time.
Don’t Make Large Deposits at Once
All financial institutions have to report any transaction over $10k or more. Some institutions become curious at the $5,000 deposit mark.
A hack for this is to deposit your money in smaller batches; think of $5,000 broken down into three deposits of $2,100, $1,500, and $1,400. Do that in a few days to get the stink off your account.
You can also make deposits from different branches to avoid calling attention.
Please note that tellers look at recent deposit history while attending to you and will happily flag your account when a pattern is established.
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Deposit Specific Amounts
Depositing variable amounts can often raise suspicions. If you’ve deposited $4,250, $3,330, $2,120, and $3,670 over four weeks, it’s easier to draw a pattern and conclude that you’re depositing tips.
However, you could choose to deposit $3,000 every other week, giving a defined and definite pattern.
3 Quick Tips to Keep in Mind
- 90% of tellers care more about how you treat them, not what you do.
- Make small talk, be polite, and don’t act like you’ve got something to hide – there’s nothing to hide here.
- Admit to being a bartender or waiter if you don’t want to be known as a stripper.
- Always count your money and know how much you’re depositing. (Tellers have to match their count to the number you say. They’ll likely get it wrong if they don’t have a number to match. Call the teller’s attention if their number doesn’t match yours. If their drawer is off, positive or negative, they can lose their job).
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I have been pole dancing for a little over 5 years. I’m happy to share my experience and recommendations on this blog while also encouraging more women to take on the beautiful art of pole dancing.