13 Banks That Don’t Use ChexSystems

A woman sits at her dining room table with laptop and financial reports doing her monthly budget.
RichVintage / Getty Images/iStockphoto

If you’ve had past financial mistakes come back to bite you and have been blacklisted by ChexSystems, you might also have been blocked from opening a bank account. You still have options, however, as not all banks utilize this consumer reporting agency.

Some banks choose to ignore a bad credit report and give customers a second chance at maintaining a checking account. Checking accounts for bad credit typically come with fees, but it’s the perfect way to get back in the game if you’ve had financial problems in the past. Banks with no credit check do exist; you just need to know where to find the best second-chance banking accounts.

GOBankingRates identified a list of banks with no credit check to open an account. Learn more about banks that don’t use ChexSystems and how they work.

Here’s a quick look at what you’ll find in this guide to banks that don’t use ChexSystems

What Is ChexSystems?

ChexSystems, Inc. is a reporting agency that collects data from banks and credit unions on consumers’ checking and savings account activity. The company uses this information to create tools — including consumer reports — that financial institutions can use to screen potential customers.

The agency helps banks and credit unions screen potentially risky applicants by issuing reports that detail previous financial issues like overdrawn and closed accounts and unpaid debt. Once you’ve been flagged by ChexSystems, you might have a difficult time obtaining a bank account.

Banks That Don’t Use ChexSystems

If you have a few dings on your banking history, you’re in luck. Even though banks run credit checks on applicants, some banks don’t use ChexSystems. Plus, some banks will access the reports but not make their decisions based solely on the information.

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Here’s a list of no-credit-check bank accounts and the banks that offer them:

TD Ameritrade
1. TD Ameritrade

TD Ameritrade doesn’t use ChexSystems to screen applicants, although opening an account is subject to a soft credit pull. But because it’s a brokerage, you’ll need to open a brokerage account before you can apply for an Online Cash Services checking account. Yes, you might actually be able to open a bank account online at TD Ameritrade with no deposit minimum and bad credit.

Here are some of the perks of this account: 

  • Monthly Fees: None
  • Minimum Deposit: None
  • Minimum Balance: None
  • What Else You Need To Know: Interest on deposits, free ATM withdrawals, unlimited check writing and free online/mobile banking

axiom bank logo2. Axiom Bank

Everyone deserves a second chance. That’s why Axiom makes the list of banks that don’t check credit. The financial institution offers second-chance banking and might overlook your report to provide you with a checking account. Headquartered in Central Florida, this community bank offers its Opportunity Checking account to those who have made previous financial mistakes.

The account features: 

  • Monthly Fees: $12.95
  • Minimum Deposit: $25.00
  • Minimum Balance: None
  • What Else You Need To Know: No-fee mobile banking and mobile deposit

Woodforest National Bank
3. Woodforest National Bank

Woodforest National Bank, a regional financial institution, offers its Second Chance Checking account to customers with a history of banking problems. Here are the details: 

  • Monthly Fees: $9.95 with direct deposit, $11.95 otherwise; $3 for paper statements (or choose e-statements for free)
  • Minimum Deposit: $25
  • Minimum Balance: None
  • What Else You Need To Know: $9 setup fee required


4. United Bank

A bad ChexSystems report is not a problem with United Bank, but the institution has limited locations in Alabama and Florida. United Bank provides several products for customers with no or low credit, including personal loans, a secured Visa credit card and the Gateway Checking account. You’ll have to watch out for all the different types of fees, though. Here are the details about the checking account: 

  • Monthly Fees: $10
  • Minimum Deposit: None
  • Minimum Balance: None
  • What Else You Need To Know: Online banking, $4.95 monthly; mobile deposit, $2


5. Southwest Financial Federal Credit Union

The Texas-based Southwest Financial Federal Credit Union offers the Checkless Checking account, which might be an option if you have had trouble qualifying for a bank account. The account includes:

  • Monthly Fees: None
  • Minimum Deposit: None
  • Minimum Balance: None
  • What Else You Need To Know: Online or mobile banking included; overdraft protection with linked savings account available

Green Dot logo 2017
6. Green Dot

Although it’s not a bank, Green Dot is an option if you’re looking for a checking account for bad credit. Green Dot’s reloadable, prepaid debit card does not use ChexSystems, and no credit check is required.

Prepaid debit card details include: 

  • Monthly Fees:  $9.95, unless you load $1,000 or more on the card during the previous monthly cycle 
  • Minimum Deposit: None
  • Minimum Balance: None
  • What Else You Need To Know: No-fee, pay-as-you-go program with $1 for every purchase; cash reload fee of $5.95 per transaction. 

7. Wells Fargo

Wells Fargo offers its Opportunity Checking to customers with negative ChexSystems reports. You’ll have to open the no-credit-check bank account at a local branch, but it includes everything you expect from a basic checking account, including online banking for easy bill pay. Other features include: 

  • Monthly Fees: $10 (unless you make 10 debit card purchases, maintain a $1,500 daily balance or post a total of $500 in direct deposits per statement cycle)
  • Minimum Deposit: $25
  • Minimum Balance: None
  • What Else You Need To Know: Comes with a Platinum debit card

8. Capital One 360

If you’re worried about what Capital One 360 will uncover when they run a ChexSystems report, you’ll be happy to know that the bank performs a soft pull on your credit instead and looks at other risk factors before approving you. Chances are, if you have a good credit score — or at least some history — you’ll be golden. Here’s what your account will come with: 

  • Monthly Fees: None
  • Minimum Deposit: None
  • Minimum Balance: None
  • What Else You Need To Know: No fees and chance to earn 0.20% interest on your balance



BBVA is known for approving individuals with past issues for its starter checking account. It uses Early Warning Services instead of ChexSystems to decide if you’re creditworthy. The bank offers the Easy Checking account, which gives a second chance to those who don’t qualify for a standard checking account. Here are the details: 

  • Monthly Fees: $13.95 monthly service charge
  • Minimum Deposit: $25 minimum opening deposit
  • Minimum Balance: None
  • What Else You Need To Know: No ATM fees at BBVA ATMs, unlimited check writing and free online/mobile banking with mobile deposit and online bill pay

10. Chime

Chime is an online-only bank that provides customers with a solid mobile app and a linked debit card for withdrawals and purchases. The best part for customers worried about their credit is that Chime Bank doesn’t run credit checks or ChexSystem reports. 

  • Monthly Fees: None
  • Minimum Deposit: None
  • Minimum Balance: None
  • What Else You Need To Know: Offers direct deposit for your paychecks; receive pay up to two days earli

11. Varo Bank

Varo Bank is a no-fee online bank willing to work with customers with bad credit. The bank doesn’t look at ChexSystems reports to determine whether you’re credit-worthy or not, which ensures you’re in the clear to open a checking account. Here are the details:

  • Monthly Fees: None
  • Minimum Deposit: None
  • Minimum Balance: None
  • What Else You Need To Know: Receive paycheck by direct deposit; get paid up to two days earlier

12. San Diego County Credit Union

According to SDCCU, you may not be excluded from opening an account, even if you have a history of bounced checks or bad credit. You’ll need to live or work in San Diego, Riverside or Orange counties to qualify. Three checking accounts are available: 

  • Monthly Fees: None, $5 or $15, which can be waived with a minimum account balance or by receiving direct deposits
  • Minimum Deposit: $25 to $5,000, depending on the account
  • Minimum Balance: None, unless you’d like to avoid monthly fee
  • What Else You Need To Know: Cash-back rewards when you pay with included debit card


13. Credit Union ONE

Based in Michigan, Credit Union ONE allows you to open a no-credit-check bank account. The Basic Checking account is designed to help customers get back on their feet. Here’s what you need to know:

  • Monthly Fees: $15, or $10 when you receive direct deposits
  • Minimum Deposit: $25
  • Minimum Balance: None
  • What Else You Need To Know: Platinum debit card included; one point for every $3 spent, redeemable for travel, cash, gift cards and merchandise 

Lia Sestric and Gabrielle Olya contributed to the reporting for this article. 

About the Author

Cynthia Paez Bowman is a personal finance writer with degrees from American University in international business and journalism. Besides writing about personal finance, she writes about real estate, interior design and architecture. Her work has been featured in MSN, Brex, Freshome, MyMove, Emirates’ Open Skies magazine and more.

13 Banks That Don’t Use ChexSystems
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