No Chexsystem Banks

Banks that don t use chexsystems when you re ready to open a checking account start with the list of institutions in the section below also called second chance banks.

No chexsystem banks.

These are financial institutions that don t reference chexsystems at all when making decisions about new customers. The short answer is no. Banks that don t use chexsystems offer the same features as banks using chexsystems you ll have a variety of options to fit your banking needs regardless of your banking history. These banks have less strict criteria to open an account in terms of your chexsystems or credit scores but do have some drawbacks.

Only the reporting bank can ask chexsystems to remove an entry before the five year period has passed. There are a few small banks and credit unions that offer second chance checking accounts but they re hard to find and usually charge exorbitant fees. Since 2010 we have maintained an updated comprehensive list of banks that don t use chexsystems bank accounts for bad credit and second chance banking options. Here s a list of no credit check bank accounts and the banks that offer them.

Your first option is to go with a non chexsystems bank or credit union. This bank does actually look at your chexsystems history but if you have good credit you still could qualify for a capital one 360 account. Approximately 80 of us banks subscribe to chexsystems however every state has what are sometimes called last chance banks or non chexsystems banks which provide services to customers with bad credit. Again finding both no chexsystems bank accounts and second chance banks and credit unions is hard.

Chexsystems works like any other credit bureaus and will report the incident even when you have paid for the damage. Checkingexpert has helped thousands of people just like you open no chexsystems and. Oftentimes once your poor credit has been noticed you will no longer be extended the opportunity to bank with chexsystems banks. If you ve ever been denied a checking account because of bad credit or problems with chexsystems or telecheck you know how difficult and frustrating it can be.

Top 6 banks that don t use chexsystems. If you re ready to put your past beyond you check out these banks that don t use chexsystems. There is no fee or account minimum and you actually accrue interest on your deposits with rates starting at 0 2. Plus some banks will access the reports but not make their decisions based solely on the information.