Second chance checking us bank

Banks That Offer a Second Chance Checking Account

After getting through a difficult financial time, many consumers find themselves in need of a new checking account. Maybe their previous account was overdrawn and charged off or it's possible that they had to close the checking account due to bankruptcy. Finding a bank that will work with consumers who have had problems in the past may be difficult, but some banks do offer second chance checking accounts for a fresh financial start.

BBVA Compass is the 15th largest commercial bank in the United States and provides services through bank locations throughout the Sunbelt region. The bank offers checking account options for those whose negative history has caused them to be turned down by other banks. The Basic Checking account offered by BBVA Compass is a second chance account that features online banking and unlimited check writing. To open the account, applicants must have an initial deposit of at least $25. The account comes with a Visa check card, no minimum balance requirement and has a monthly service charge of $7.95.

Liberty Savings Bank, established in 1889 in Ohio and now with branch locations in Colorado, South Carolina and Florida, offers a fresh start checking account known as Clean Slate Checking. Consumers who apply for and are denied a regular checking account may have the opportunity to open a Clean Slate account. The account has no minimum balance requirements and comes with tools that will help manage the account while building a history of money management. After 12 consecutive months with no Non-Sufficient Funds fees, account holders can request to have the account converted to a standard Liberty checking account. Exact fees and opening deposits are available upon request.

First American Bank, headquartered in Chicago, offers the Fresh Start checking account program. The bank designed it to help consumers save money and time otherwise spent cashing checks and purchasing money orders. Consumers will receive free access to online banking and bill pay as well as bank-by-phone services. The account also comes with a free MasterCard debit card, unlimited check writing and no minimum balance requirement. The Fresh Start checking account requires a minimum of $50 to open the account and has a monthly fee of $9.95.

No ChexSystems and Second Chance Banks

If you’re someone who has had issues with your checking account in the past, then you know that it can be difficult to find a new bank to take you on as a customer. From too many instances of insufficient funds to excessive overdrafting, there are many reasons why you may have been banned from your financial institution.

Second chance checking us bank

Because many banks use ChexSystems to track the checking history of account applicants, it may be difficult to find a new place to use for deposits and savings. Luckily, there are still many reputable banks that don’t use ChexSystems to qualify customers.

In fact, you actually have several options for online banks that don’t use ChexSystems with each one offering different perks. Read on to find out which one is the best for you.

Table of Contents

Why You Need a No-ChexSystems Account

A no-ChexSystems bank can be helpful to have even if you already have another bank account. Why? Banks participating in ChexSystems may conduct a sweep of all existing customers and freeze any accounts of individuals who have had a record created.

This can be extremely troublesome if you have all of your money in one place because you may not be able to access your account for as much as 30 days. So even if you have an existing account with a positive history, you run the risk of not having access to your own money with little to no warning at all.

Best No-ChexSystems Banks of 2017

There are plenty of non-ChexSystems banks you can choose from, all of which offer different services regardless of your financial past. Check out this comprehensive list of 2nd chance checking and savings accounts that you can qualify for even if you have a history in ChexSystems.

BBVA Compass ClearChoice Free Checking

BBVA is one of the friendliest banks to deal with and applying for an account on their website is easy. This option from BBVA is only for residents in Alabama, Arizona, California, Colorado, Florida, New Mexico, and Texas. If you do not live in one of these states, scroll down to the next one.

If you do live in one of these states, you can open an account and receive online and mobile banking, automated bill pay, a Visa® debit card, and unlimited check writing. You can also add-on custom features for a small monthly fee, such as using other ATMs for free and getting unlimited cashier’s checks.

If you have an EWS record, try the Second Chance Checking Account. You’ll pay a monthly fee of $13.95 but you may be able to upgrade to a free account after 12 months of use.

Here are some more key features of the BBVA Compass ClearChoice Free Checking account that you can take advantage of when you open an account.

  • FREE Visa® debit card with personalized photo
  • NO credit check; Bad credit OK
  • NO monthly or annual fees
  • NO ATM fees at over 43,000 ATMs nationwide
  • FREE online banking and mobile banking/deposits
  • FREE mobile and online bill pay
  • FREE customizable alerts via text message
  • FREE online and paper statements
  • Opening balance minimum just $25
  • Unlimited check writing
  • Access to the BBVA Wallet app for your smartphone
  • NO ChexSystems; anyone can open an account
  • 24/7 customer support

BBVA Compass ClearConnect Free Checking

BBVA Compass offers another online checking account with no ChexSystems review and is available in all states except Alaska and Hawaii. It’s a fee-free account that makes it easy to manage your money on the go. You can access your account for free through a computer or smartphone, with paper statements available for just $3 per month.

You’ll automatically be enrolled in paper billing, so be sure to deactivate that feature if you want to avoid the charges — and the extra clutter. Another great perk with this second chance bank account is that you not only get to access BBVA Compass ATMs for free, you also get free access to the AllPoint ATM network, which includes more than 43,000 ATMs throughout the country.

What else can you expect from this checking account?

  • FREE Visa® debit card with personalized photo
  • NO credit check; Bad credit OK
  • NO monthly or annual fees
  • NO ATM fees at over 43,000 ATMs nationwide
  • FREE online banking and mobile banking/deposits
  • FREE mobile and online bill pay
  • FREE customizable alerts via text message
  • FREE online and paper statements
  • Opening balance minimum just $25
  • Unlimited check writing
  • Access to the BBVA Wallet app for your smartphone
  • NO ChexSystems; anyone can open an account
  • 24/7 customer support

This bank does actually look at your ChexSystems history, but if you have good credit, you still could qualify for a Capital One 360 account. There is no fee or account minimum, and you actually accrue interest on your deposits, with rates starting at 0.2%.

You can also do mobile check deposits. There’s no guarantee you’ll get approved if you have a record in ChexSystems, but it’s worth a shot for such a highly rated account.

Discover Online Savings Account

Discover provides a great high-interest option for someone looking for a place to store deposits and access their account online. You’ll need an initial deposit of $500, but unlike many other savings accounts, you don’t have to maintain that minimum.

The annual percentage yield amounts to 0.95%, a significantly higher amount than many competitors. Plus, the account is completely free, with no fee to open or maintain the account. You can also do direct deposit or deposit checks through your smartphone.

FSNB doesn’t use ChexSystems and you don’t have to be in the military to apply. The Basic Checking Account is free, but it requires a $5 opening deposit and you need a daily minimum of $75, otherwise, you’ll be charged a fee of $5.50. You do, however, get a free Visa CheckCard and basic online banking services.

To qualify for NFCU, you must be an active duty or retired member of the military, which includes Armed Forces, National Guard, Coast Guard, and the Department of Defense. If this sounds like you, then this could be a great choice because NFCU doesn’t use ChexSystems or EWS. Plus, there is a free checking account option that doesn’t require a minimum balance.

Peoples Cash Solutions offers a Second Chance Checking Account for individuals with a ChexSystems or TeleCheck record, as long as you have no history of fraud. This is also an option for anyone with bad credit or bankruptcy in their past. The monthly fee is $4.95 and you’ll receive a MasterCard debit card and checks.

For people residing in Mississippi, Tennessee, Alabama, and Georgia, this free checking account does not do ChexSystems, EWS, or Telecheck. However, you won’t be eligible if you owe any money to the bank. All of their checking accounts require a $50 minimum deposit and you’ll be charged $7.50 each month unless you maintain a balance of $500 or more.

Different people have had different experiences with Suntrust and their use of ChexSystems. The bank states that it does not use it to screen applicants, but some consumers claim they do. It may depend on the severity of your history, such as fraud. Suntrust has several checking accounts available but your best bet may be to start off with their Essential Checking Account.

You can either pay a $7 monthly fee or meet one of several conditions to have the fee waived. The options are to have at least 10 bank transactions each month, have at least $500 in monthly direct deposits, or maintain a $500 minimum daily balance.

This bank is for residents of Arizona, Colorado, Illinois, Indiana, Michigan, Minnesota, South Dakota, and Wisconsin. You can be in ChexSystems and qualify for an account as long as you don’t owe the bank any money; however, applicants with an EWS record may not qualify.

For TCF’s basic account, you just need a $25 deposit to open an account. After that, there is no minimum daily balance and no monthly fee.

United doesn’t run ChexSystems at all but there are only locations in Maryland, Ohio, Pennsylvania, Virginia, West Virginia, and Washington, DC. You can open any checking account with a $50 deposit. The free checking account has no monthly fee or minimum balance required.

You can also upgrade to a rewards checking account where you earn cashback rewards and discounts on movies, theme parks, and prescriptions. It’s only $10 a month, or you can have the fee waived if you reach 15 purchase transactions monthly or have a minimum of $500 in regular direct deposits.

USAA primarily serves military families, including retired service members, spouses, and children. Members of the National Guard are also eligible. You’ll need a $25 deposit to start, but you’re not required to hold a minimum balance.

Additionally, there is no monthly service fee and you can take advantage of free ATMs, mobile check deposits, and overdraft protection. Note that USAA does use EWS, though it doesn’t use ChexSystems.

This one does actually use ChexSystems but with much less stringent guidelines. You can qualify for the Rewards Card Checking Account as long as you have no fraud or criminal history, and your former account charge-offs are less than $2,000. You’ll pay a monthly fee of $9.95 and need a recurring direct deposit from an employer or government source.

If you meet these qualifications, you’ll get a MasterCard debit card, checks, and free use of Allpoint ATMs. Once you have a year of solid account history, you can apply for another account with lower fees.

This national bank offers Opportunity Checking, and while it comes with many restrictions, it can help keep your finances on track if you need some help. The opening deposit is $50 and you have a $10 monthly fee unless you meet certain requirements.

The requirements include 10 debit purchases each month, a daily balance minimum of $1500, or $500 in direct deposits each statement period. The account also comes with features like My Spending Watch Report with Budget Watch to help you track your money.

For consumers in Texas, this regional bank offers second chance checking accounts if you go into a branch and apply. The minimum initial deposit is $25 and you’ll also need to pay a one-time setup fee of $9. If you have direct deposit, your monthly fee is just $9.95, or $11.95 without direct deposit.

This bank offers checking accounts to residents of New Mexico, Texas, and Arizona. The account comes with a $12 monthly fee unless you maintain a daily balance of at least $100 or have a recurring direct deposit of at least $100 a month. You just need $1 to open the account and the bank doesn’t use ChexSystems, EWS, or Telecheck.

While the above list is a great start, we also explain how to get out of CheckSystems so that you can clear your name from their database. Follow the simple steps provided on that page and before you know it you will be able to choose to do business with any bank you want.

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Second chance checking us bank

Second chance checking us bank

Open a real bank account at a No Chexsystems Bank. We maintain an updated list of banks that DO NOT use ChexSystems and Second Chance Banks. Get started today because living without a bank account is inconvenient along with being costly. Check cashing fees add up over time. Plus, not having a place to grow your money prohibits wealth building and you miss out on additional financial products banks may offer like mortgage and auto loans, credit cards, and investment products.

We have maintained an updated list of No-Chexsystems Banks since 2010. This list also includes Second Chance Bank Accounts where banks allow people with a ChexSystems record to open bank accounts. The list has changed over the years because some banks like Capital One 360 started using ChexSystems. Here is an updated list of No-ChexSystems banks where you can open an account today.

No ChexSystems and Second Chance Banks

Available to residents online in ALL STATES. The checking account features free checking, mobile deposits, online banking, free bill pay, check writing and a Visa debit card. BBVA Compass is a No-ChexSystems Bank. If you are not eligible for the FREE Checking account you will be offered the Second Chance Checking Account. The Second Chance account comes with the same features as the free checking account including a Visa Debit Card but there is a $13.95 monthly service fee. You can request to upgrade to Free Checking after a year of positive activity on your Second Chance account. There is a minimum deposit of $25 required to a BBVA account that can be funded with a credit or debit card. Apply online today.

ANYONE can open this account! It is available to ALL STATES. BBVA Compass ClearChoice Money Market Account is a No-ChexSystems bank account. There are great features with the ClearChoice Money Market Account like mobile check deposits, direct deposit and free bill payment. The account requires a deposit of $25. A money market account is like your basic savings account except the annual percentage rate is typically higher. Currently BBVA is offering an APY of 0.65%. You earn tiered interest rates to grow your money faster. That means the higher your balances, the greater your interest-earning possibilities. Open today.

The Rewards Card Checking requires direct deposit of payroll or government benefit. There is a monthly maintenance fee of $9.95. They do run ChexSystems but have less stringent requirements. Fraud should not be indicated. Customers enjoy no overdraft fees, a checkbook, Mastercard® debit card and free nationwide ATM access through the Allpoint® 55,000 ATMs Network!

Navy Federal does not use ChexSystems or EWS to open a bank account but there are strict requirements to become a member. Membership is open if you are affiliated with the Armed Forces, DoD, Coast Guard or National Guard. This includes Army, Marine Corps, Navy, Air Force, and Coast Guard regular Active Duty and reservists, and Army and Air National Guard personnel. Active duty and Retired military are eligible but unfortunately Veterans are not. DoD civilian employees and contractors assigned to U.S. Government Installations may be eligible.

Fort Sill National Bank (FSNB) is open to anyone — you do not have to be in the military. FSNB does not use ChexSystems. If you are interested in direct deposit, this may be a good account for you because FSNB may not be located in your state. In order to open an account from any location call their new accounts department at (800) 749-4583 and an application will be mailed to you.

This bank is only located in New Mexico, Texas, and Arizona. They do not run Chexsystems, Telecheck, or EWS. Several checking account options are available but there is a $12 monthly maintenance fee if certain conditions are not met such as maintaining a minimum daily balance. All checking account options only require $1.00 to open.

This bank is only located in Mississippi, Alabama, Tennessee, and Georgia. You can have a Chexsystems, Telecheck or EWS record but there must not be any money owed to Renasant Bank. Checking accounts offer free online bill pay along with mobile banking. You can apply online.

Suntrust Bank offers several types of checking accounts, all of which include online banking, mobile banking, overdraft services, direct deposit, online bill pay and a SunTrust MasterCard® Check Card. While Suntrust maintains they do not use ChexSystems, some consumers have reported otherwise. It may be best to apply over the telephone or through their online chat service; and, complete the process in full through the mail.

This bank is not available in all states. TCFBank has 436 branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana, Arizona and South Dakota. This bank offers several checking accounts to choose from and a business checking account. They will open an account for consumers in Chexsystems but you must not owe any money to TCFBank. Consumers with an EWS record may be denied.

This bank is not available in all states. Branch locations are located in Maryland, Ohio, Pennsylvania, Virginia, West Virginia, and Washington D.C. They do not run Chexsystems. Several checking account options are available but there is a $50 minimum deposit required for all checking account options.

Peoples Cash Solutions offers a Second Chance Checking Account for consumers who have been reported to ChexSystems or TeleCheck. There must be no fraud activity reported in ChexSystems. Bad credit and even bankruptcy are okay.

Try the in-store branches and take proper identification along with a utility bill showing your address. Consumers using in-store branches have experienced success in opening checking accounts while in Chexsystems.

This bank is not available in all states; however, they do have an account called “Second Chance Checking. It comes with unlimited check writing and a debit mastercard. You must go inside a branch in order to open this second chance checking account.

This is a traditional checking account with a visa debit card and checks; however, it comes with some restrictions. This account will definitely help you stay within your budget. Deposits cannot be made through the ATM and you may not be able to get cash back immediately upon depositing a check. Once you remain in good standing for some time, Wells Fargo may offer you an upgrade to a regular checking account, with less restrictions.

Banks will sometimes conduct ChexSystems Sweeps on existing customers and close accounts without warning even if your account is in good standing. It can take up to 30 days to get your money out of a frozen account. Never have all your money in one bank. With current negatives in ChexSystems, keep a non-ChexSystems account as a backup. If you have direct deposit you may want to split it. That way if your primary account is frozen or closed you still have access to a portion of your paycheck.

Fund an Account or Verify Small Deposits

If you are opening an account online but do not have a way to fund it instantly with another account or credit card, most online accounts can be funded with a prepaid debit card with the Visa® or MasterCard® logo. Or, use PayPal® to add money to your bank account. It’s fairly simple and with PayPal® your account can be funded in 2-3 days.

Consumers who have been reported to ChexSystems, whether the item is paid or unpaid, should be careful when ordering checks. Ordering checks from well known companies such as Deluxe, Designer Checks, Checks Unlimited and Current Checks may not be safe. These companies share your personal information with ChexSystems. ChexSystems will then report your ChexSystems record to your current bank.

Order checks from companies that do not share your personal information with ChexSystems such as Costco Check Printing, Checkworks or Harland Clarke. Ordering checks from companies that share your information with Chexsystems may end up getting your current bank account closed, even if your checking account is in good standing.

Practice good checking account management

Once you open a checking account, you need to manage it in order to keep it. When you manage your account, you can avoid unnecessary fees, a ChexSystems or EWS record. Here are actions to take for good checking account management:

  • Keep track of your balance and any outstanding payments.
  • Open and review all bank statements and correspondence.
  • Avoid spending more than you have in your account.
  • Monitor your account online or on your phone before you withdraw cash at an ATM.
  • Check your balance by phone or online before you write a big check or make a big payment.
  • Sign up for transaction alerts and low-balance warnings via e-mail or text.
  • Don’t assume that the money you deposited is available immediately.
  • Find out when the money you deposit will be available for your use.
  • If there is a “hold” on a deposit, make sure you know when it will be lifted
  • Avoid making a payment using your checking unless you know for sure the money is in your account.

Chexsystems is a consumer reporting agency which means inaccurate information can be disputed if you are unable to find a No-ChexSystems bank.