No Chexsystems Banks: Open a New Account Today

banks-that-do-not-use-chexsystems
Open a bank account at a No ChexSystems Bank and can get approved even if you have a ChexSystems record. Living without a bank account is not only inconvenient but also costly. Check cashing fees add up over time and not having a place to grow your money prohibits wealth building.

No Chexsystems banks do not use Chexsystems to open accounts but they may run a credit report, use EWS or Telecheck. A No Chexsystems bank may also have a Second Chance Account allowing consumers with Chexsystems records to open accounts.

No ChexSystems Banks in 2014

Capital One 360 Checking Account
Capital One 360 Checking account does not run a ChexSystems report. As part of the application process Capital One will “soft pull” your credit report but it will not impact your credit score. There is no minimum deposit required to open the account and no hidden fees. It is truly a monthly free checking account that does not require direct deposit plus you earn interest. The account comes with a MasterCard® Debit Card for all purchases and access to 38,000 free Allpoint® ATMs and 2,000 Capital One® ATMs. Deposit checks directly from your mobile phone or computer. The only drawback is Capital One requires you to link to an existing checking or savings account from another bank. Open the Capital One 360 Checking Account today and earn a $50 bonus.

TD Ameritrade Cash Management Account
TD Ameritrade is a brokerage firm. They offer a Cash Management Account that can be used as a checking account. If qualified you will get a TD Ameritrade Visa debit card with free nationwide ATM withdrawals. There are no monthly fees, unlimited check writing, you can set-up direct deposit and online bill pay. You have to first open a brokerage account then once the brokerage account is open simply choose the option to open the Cash Management Checking Account — and that’s it! You have an instant checking account. There is no minimum deposit required to open the cash management checking account. As a new customer your account will be monitored so avoid overdrafts at all costs. Open New Account Today.

USAA Free Checking
USAA does not use ChexSystems. USAA primarily serves the military but non-military may be eligible too. Current or former military members (retired or veteran) which includes the Guard and Reserves are eligible. Non-military can join if a parent or spouse currently has or had a USAA account. Former spouses and widows are also eligible. USAA hands down is a great full-service bank offering products from credit cards, car loans to renter’s insurance. For members with credit problems USAA has a variety of credit card products that you may qualify for, even a secured credit card that ANY credit type will get approved. USAA Free Checking offers, ATM reimbursement, mobile phone deposits and check deposit checks at your local UPS Store. The minimum opening deposit is $25 for a checking account.

Scottrade Bank
Scottrade is an online brokerage firm and they also have a Bank. To open an account at Scottrade Bank you must first open a Scottrade individual brokerage account with a minimum of $500. Once you open the brokerage account you can use the deposit to open a Checking Account. Scottrade Bank also offers Savings, Money Market and CD accounts. Scottrade Bank does not use ChexSystems. To open a checking account a deposit of $100 is required. You can transfer the money from your Scottrade brokerage account or you have 60 days to make the deposit from another source. Scottrade offers totally free checking, direct deposit, online bill pay, free checks and ATM fee reimbursement. Get started today with Scottrade.

Suntrust Bank
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.

Fort Sill National Bank
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.

IncredibleBank
This bank is an internet only bank and a division of River Valley Bank. IncredibleBank offers a a high yield checking account and a high yield CD that can be opened online. This is a no Chexsystems bank but they will run a credit report and require a minimum credit score of 640.

TCFBank
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 business checking. They will open an account for consumers in Chexsystems but you must not owe any money to TCFBank.

Washington Savings Bank
The Rewards Card Checking offers deposit of payroll or government benefit with a monthly fee of $4.95 and $7.95 per month without direct deposit, you’ll receive a checkbook and Mastercard® debit card with no overdraft fees or ATM fees! Free nationwide ATM access at over 55,000 Allpoint®.

Bank Sweeps

Banks will sometimes conduct ChexSystems Sweeps on existing customers and close accounts without warning even if your account is in good standing. Never have all your money in one bank. Because Capital One 360 Checking Account does not use ChexSystems, it can serve as a back-up account if you are still in ChexSystems.

Second Chance Checking

US Bank
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.

Woodforest Bank
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.

BBVA Compass
Offers a second chance checking account where you get a visa debit card, unlimited check writing and no minimum balance required. The monthly service charge is $13.95 and the minimum opening deposit is $25.

Wells Fargo – Opportunity Checking
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.

Chase
Chase offers an account called Access Checking. It comes with several limitations but you may be able to convert to a regular checking account after 6 months in good standing. You will receive a debit card with this account. You must go into the branch to open the account and they do pull your credit report for verification.

PeoplesCashSolutions
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.

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.

Safe Check Ordering

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.

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



Comments

  1. i am the victim of identity theft and thats why i am on chexsystems it is impossable to open a bank account anywhere im so depressed

    • If negative information on your ChexSystems report is due to identity theft it is important that you take the necessary steps in order to address the identity theft. That means filing an Identity Theft Affidavit and file a police report. To create an Identity Theft Affidavit, you’ll need to submit a formal complaint detailing the theft to the Federal Trade Commission. Access the FTC Theft Affidavit online here.

      Once you have a copy of the FTC’s Identity Theft Affidavit take it with you to file a police report. Filing a police report may seem burdensome but it may help you down the line to get any fraud accounts removed from ChexSystems. With the Identity Theft Affidavit and police report you should be able to dispute the negative account with the financial institution that placed you on ChexSystems and dispute the ChexSystems negative item here to get it deleted.

      If you want to open an account before you get the negative item removed from ChexSystems go over the list above, one of the above banks may open an account for you.

  2. 1st National Bank, located in Southwestern OH, a local community bank offers checking accounts without going through ChexSystems. They are much less expensive than many bigger banks (do not charge for debit cards, can get a low or no fee account). Highly recommend trying them if you are in the Warren, Butler, or Clermont counties of Ohio. Community banks are much more accomodating but have the same technology as the bigger banks. I wouldn’t go anywhere else.

  3. USAA no longer opens accounts for non-military customers. I was advised of this about 2 weeks ago. :(

    • Thanks for that information. They were such a good source for consumers in ChexSystems for so long. I did contact USAA and they still open accounts for non-military if your spouse or parent currently has or had a USAA account that includes former spouses and widows. I hope USAA reconsiders their new policy. They are a great full-service bank.

  4. VIRIVA COMMUNITY CREDIT UNION, IN PHILADELPHIA DO NOT USE CHEXSYSTEM OR TELECHECK

  5. If they do sweeps and they close the account after it has been opened, what about the money? how do i get my money from the bank?

    • If a sweep has occurred most banks will return your money within 30 days of the account closing. But you can usually get it sooner if you speak with a manager and make a fuss about it.

  6. Carolyn says:

    I applied for the USAA checking account and was instantly approved.

  7. Hi I have a question Ive had an account with Wells Fargo about two years ago. Is it possible that I can still open an opportunity checking account?

  8. I went to US bank and got a regular checking and savings account. Thank you

  9. Woodforest Bank also offers Second Chance checking. 25.00 min open deposit…with 9.95 a month svc fee without direct deposit..and 7.95 with direct deposit.

  10. Many banks are now using Chexsystems & credit reports to deny even savings accounts. I am unable to get any sort of “real” bank account – savings or checking – until I pay off banks that have never sent me anything stating I owe them! Chexsystems won’t remove them either.

  11. Kev_Greene says:

    Some banks I tried to get accounts at ran a credit check so it seems you are basically screwed if your credit is questionable, unless you get a savings account only.

  12. KingofPain says:

    Chexsystems is so unfair because they will try to put you in there for 5 years for little amounts. I had a small accont go to chexsystems for less than 30 lousy bucks and it stayed their the entire 5 years. I hate them!

  13. It’s been so long since I had an account I’m not sure I even want one now, except for paying a check cashing place to cash my payroll checks. The prepaid card has worked but there are more fees involved then I would like.

  14. Jennifer says:

    Thanks for the second chance bank list I was able to open checking and savings account

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