Category Archives: WSFS Bank second chance checking
Delaware Banks with Second Chance Checking Accounts
Online Checking Account in Delaware with Bad Credit.
Banks that offer 2nd chance checking are different from banks that do not use Chexsystems at all. A few banks in Delaware offer Second Chance Checking Accounts programs, which means the bank might open an account for you even if you’re on ChexSystems, but only if you qualify. Banks have other names for these banking programs, such as Opportunity Checking or Fresh Start Checking. To open a checking account through one of these special bank programs you must typically apply in person, and in many cases, the bank requires you take a class on how to balance your checking account and avoid overdrawing your account.
The best checking accounts you can open in Delaware with no credit check, no opening deposit and no Chexsystems are: List of Second Chance BankSecond
- Discover Bank Open a Discover Bank savings account online instantly and earn a rate 5x the National Savings Average with a low opening deposit and access to your cash anytime. Discover Bank also offers its customer the opportunity to open a checking account. To open a Discover Bank checking account, you have to open either a Discover Savings account or credit card. You have 30 days to make a deposit at a local branch or by setting up direct deposit. You can also make your opening deposit by mail.
- BBVA Compass Bank – Open an online checking account with the new ClearConnect checking account. The BBVA Compass ClearConnect Checking Account is a free checking account and offers customers the chance to open an online checking account for only $25. Enjoy no monthly service charges, free online and mobile banking, bill pay and online statements. The ClearConnect Checking Account has no ATM fees at any BBVA Compass or Allpoint® ATM. You’ll also receive a BBVA Compass Visa® Debit Card you can personalize with you favorite photo. Chance Checking Open an Online Checking Account in Delawar
The banks on Checking Help’s List of Second Chance Banks in Delaware do not use ChexSystems or check your credit history. Most have short, online applications and do not require an opening deposit, as many other banks require. Consequently, you can open a checking account online and get an instant account number to set up direct deposit. Or you can mail in the opening deposit or, sometimes, use a credit card or prepaid card.
WSFS Bank offers Delaware residents a second chance checking account program. To open one of these second chance checking accounts you must deposit at least $100 and pay a $12.95 monthly service fee. You will, however, have access to over 40 WSFS branches across Delaware, including Newark and Wilmington locations, and 24/7 ATM service.
Checking Account in Delaware with Bad Credit
Yet, if you don’t have the money available to pay off your old, overdrawn bank accounts, even banks specifically offering second chance checking might not let you open a bank account. Your ChexSystem record stays on file for five years unless the information in ChexSystem’s report is inaccurate and you file a dispute. Even if you pay off your old bank account, you still have to make sure the bank sends a letter to ChexSystems requesting the removal of any negative information.
Applying for a Bank Account with Bad Credit Second Chance Banks in Delaware
When you apply for a new bank account, some banks will also check your complete credit report and score. The credit check itself isn’t usually the reason banks will deny you a checking account. Banks tend to deny you a bank account, not because you have unpaid credit cards or a bad credit score, but because you bounced checks in the past or still have a negative balance with a previous checking account.
To prevent terrorism and fraud, the law requires all banks verify your identity in the form of a “soft pull” of your credit report. This means they only access your credit report to check that your name and address match up with your social security number. This is how the bank obtains the information that makes up the random identity confirmation questions during the process of applying for a checking account. A soft pull of your credit report won’t lower your credit score and doesn’t mean the bank can see detailed information about late car payments or bills in collection.
Still, banks requiring that your checking account is enrolled in overdraft protection, in the form of a bank-issued line of credit, will require you don’t have bad credit. The bank will conduct a “hard pull” of your credit report, meaning that the credit check itself will lower your credit score by two points. Our list of recommended national and local second chance banks in Delaware include banks that do not use ChexSystems or check your credit history.