The Best Second Chance Banks and Credit Unions in Florida

Second chance banking in Florida is an important topic to almost 535,000 households in Florida. Why? That’s the number of households who do not have a bank account in the state. And not having a bank account makes it difficult to pay for goods and services, receive direct deposits, and manage your money with all the latest online and mobile tools.

Plus, it’s expensive. Payday loans and check-cashing fees are some of the biggest ripoffs consumers continue to endure. Prepaid cards aren’t far behind.

Luckily, there are banks and credit unions in Florida who offer second chance checking accounts. Plus, if you’ve ever been denied an account because of poor marks in ChexSystems, you no longer have to wait years to get back into banking.

Finding the right bank or credit union in Florida is the first step toward getting rid of the hassles of having no bank account. You can have all the the advantages of a checking account, debit card, online tools, and immediate access to your cash.

CheckingExpert has helped thousands of people just like you open second chance banking accounts. We’ve selected the best banks in Florida for 2019 based on acceptance rates, checking account features and benefits, and the accounts with the lowest fees. Best of all, you can open an account today!

Get an account now!

Best Second Chance Bank Account of 2019

BBVA Online Checking

Many Floridians have heard of BBVA Bank (45 branch locations in the state) and the BBVA Online Checking Account is our hands-down winner for the best second chance bank account for residents of Florida.

BBVA is owned by a multi-billion dollar international bank and has won several awards for their leading products and online services. They are a fully insured FDIC member.
Sign Up Today. Takes About 3 Minutes.

Features include mobile deposits, direct deposit, online bill payment, and NO monthly or annual fees. Setting up an account is almost too easy and the smartphone app tools are some of the best we’ve reviewed. Simply stated, the BBVA Online Checking account has a combination of features no other bank can match. These include:

  • NO ChexSystems
  • NO monthly fees or service charges
  • NO monthly account balance minimums
  • NO fees at over 64,000 Allpoint® and BBVA ATMs worldwide
  • FREE award-winning mobile app (one of the best we’ve reviewed)
  • FREE Visa® debit card you can personalize with your favorite photo
  • FREE online banking, bill pay, and mobile deposits
  • FREE money transfer to and from any email or mobile phone in the U.S. via Popmoney®, Venmo®, and other instant transfer services
  • FREE dedicated team of mobile bankers you can contact via text, email, or phone
  • FREE cash back rewards for everyday debit card purchases with Simple CashBack
  • FREE unlimited check writing
  • FREE Visa Zero Liability protects you against fraudulent purchases made on your debit card

Applying is simple. The BBVA website is simple and easy to interact with. There is a $25 minimum deposit required to open an account. You’re online approval is immediate and you’ll never be required to step foot in a branch unless you want to. BBVA is one of the most friendly banks for those who need a second chance at a checking account. The entire process from start to finish takes about 3 minutes. Best of all, they know Florida and Floridians.

b-lewis-bbva-testimonialFor anyone interested, I signed up for a BBVA Bank checking account. I have been using the new checking account, debit card, online website, direct deposit, and customer service for over a month now. I have to say I am genuinely impressed with everything they have done with me and my account.

So far it seems like the ideal bank.

B. Lewis, BBVA Customer
Open a BBVA Online account today!

The Runners Up: List of the Best Second Chance Banks and Credit Unions in Florida

We’ve surveyed banks and credit unions across Florida to find local, regional, or national financial institutions that offer “Second Chance Bank Accounts” or what some banks call Fresh Start Checking, Opportunity Checking, or New Start Checking.

Most of these institutions use ChexSystems or EWS, but are willing to look at opening these kinds of accounts on a case-by-case basis. Many times, they require a personal visit to a branch and may offer accounts that come with monthly fees or minimum balance requirements. While not as easy and fee-free as the BBVA Online Checking account, they do offer you an alternative.

Financial InstitutionProduct
BBVA  (Our Top Pick)Online Checking
Chime Bank  (Our Runner Up)Chime Bank Checking & Savings Account
Alabama Credit UnionOn-Track Checking
Axiom BankOpportunity Checking
Bank of the OzarksPathway Checking
Centennial BankOpportunity 100 Checking
CenterState BankFresh Start Checking
Central Credit Union of FloridaFresh Start Checking
City County Employees Credit UnionFresh Start Checking
Community First Credit UnionFresh Start Checking
Compass Financial Federal Credit UnionRestart Checking
Fifth Third BankExpress Banking
First American BankFresh Start Checking
First Florida Credit UnionSmart Track Checking
Gold Coast Federal Credit UnionFresh Start Checking
Gulf Winds Federal Credit UnionMyOpportunity Checking
Jax Federal Credit UnionFresh Start Checking
JetStream Federal Credit UnionSecond Chance Checking
Liberty Savings BankClean Slate Checking
McCoy Federal Credit UnionFresh Start Checking
MembersFirst Credit Union of FloridaSecond Chance Checking
Okaloosa County Teachers Federal Credit UnionFresh Start Checking
One South BankOpportunity Checking
OneUnited BankU2 Checking
PNC BankFoundation Checking
Priority One Credit UnionRestart Checking
Republic BankChecking Builder
San Antonio Citizens Federal Credit UnionChecking Rebuilder
South Florida Federal Credit UnionSecond Chance Checking
Wells FargoOpportunity Package
Woodforest National BankSecond Chance Checking

Did we leave your financial institution off this list? Has there been a change in any of the listings? Please let us know.