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Banks with Free Second Chance Checking Accounts

second chance banks with free checking accounts
Some banks specifically offer a “Second Chance Checking Account” Program, which means they’ll open an account for you even if you’re on Chexsystems as long as any money owed has already been paid. Some banks have other names for these banking programs such as “Opportunity Checking” or “Fresh Start Checking”. Banks with Second Chance Checking
checking account no checks systems
To open a checking account through one of these special bank programs, you usually have to apply in person and, in many cases, the bank requires that you take a class on how to balance your checking account and avoid overdrawing your account.

Three of the best no credit check banks that don’t use ChexSystems are:

  • BBVA Compass Bank – The BBVA Compass Clear Choice Checking Account is free and offers no monthly service charge, free online and Mobile Banking with Bill Pay, free online and paper statements, unlimited check writing and no fees on BBVA Compass ATMs. The BBVA Compass Bank Checking Account can be opened if you live in: Alabama, Arizona, California, Colorado, Florida, New Mexico, and Texas.  Seco
  • 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. The opening deposit is $0 but 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. You have to have either a Discover Savings account or credit card to open a Discover Bank checking account.Chance Bank Accounts with No Credit Checks Apply Online for a 2nd chance checking account
  • Regions BankNo Chexsystems. No opening Deposit Immediately Required. Open a LifeGreen  Checking account online and get a $50 Bonus. To receive $50 Free, have one Visa Check Card  transaction, one direct deposit of at least $10 and enroll in online statements through Regions  Online Banking. Op. ad credit banks

There are banks in every state that do not use chexsystems. Many of them have applications online so you can get a checking account immediately and set up direct deposit. Or you can choose a bank that uses Chexsystems but will refer you their second chance checking program. The list of second chance banks by state tells you which banks do not use Chexsystems at all and which ones offer second opportunity checking.
checking account on checks systems no chexsystems checking account
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 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

Banks with No Credit Check and Free Second Chance Checking
When you apply for a new bank account, some banks will also check your complete credit report and score. The credit check usually isn’t the reason you were denied a checking account. Banks will deny you a checking account because you bounced checks in the past or have a negative balance with another checking account.
second chance checking banks
Even banks that offer second chance checking accounts are required by law to verify your identity and will do a “soft pull” of your credit report. This means they have limited access to your credit but will check that your name and address match up with your social security number. Banks that conduct a “hard pull” of your credit, means they can see everything on your credit report. Banks with Free Second Chance Checking Accounts

Second Chance Checking and Chexsystems

second chance checking
You can have a negative ChexSystems record if your account has been overdrawn, even if you have never bounced a check. If you’ve been charged insufficient funds fees for purchases made with a bank check card, your bank may have reported you negatively to Chex Systems.

TeleCheck is another check guarantee service provider that protects businesses from bounced check and check fraud. TeleCheck provides merchants with information concerning your check writing and checking account activity. The merchant then makes a decision to accept or deny your check. Each report submitted to Chexsystems remains on file for five years, unless the bank that filed the report requests its removal or Chexsystems becomes obligated to remove it under applicable law.

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