If you recently applied for a checking account and were denied because of a negative banking or credit history, it can be hard to get a standard checking account with a traditional bank.
Approximately 85% of banks and credit unions use a company called ChexSystems when you apply for a new checking account. If you’ve been flagged by ChexSystems, it stays with you regardless of your financial situation. To get around this you need to find a bank that either doesn’t use ChexSystems or instead offers a second chance checking account.
CheckingExpert has helped thousands of people just like you open no ChexSystems and second chance banking accounts. We’ve selected the best accounts 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.
Winner: Best Second Chance Bank of 2019
Runner Up: Best Second Chance Bank of 2019
The Best Second Chance Banks by State
We’ve surveyed banks and credit unions throughout the country 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 as the BBVA Online Checking account, they do offer you an alternative.