Best No ChexSystems Banks for 2021



When you go to open a bank account, the institution is likely to check your history to determine if there are any issues in your past. One of the ways they do this is by using ChexSystems.

With ChexSystems, banks can see if you’ve overdrafted your account and other banking interactions. Depending on the bank, your ChexSystems file may be used to deny you a bank account.

However, not all banks use ChexSystems to decide whether you can open a bank account. Here are five of the best banks without ChexSystems that you can use to park your money.

Overview of the best No ChexSystems banks

Maintenance costs Minimum deposit Best for
BBVA online verification $ 0 25 $ Comprehensive banking services
Bank of chimes $ 0 $ 0 No charges
TD Practice Check $ 15 (waived with a daily balance of $ 100) $ 0 Integration with a brokerage account
Essential radius control $ 9 $ 0 Second Chance Bank
Netspend All-Access account by MetaBank $ 5 $ 0 Additional benefits

Best banks without ChexSystems

BBVA online verification

If you are looking for a full service bank, BBVA Online Checking may be a good choice. However, although they do not use ChexSystems, they do use early warning services when assessing applicants.

There is no monthly service charge and you can get free access to ATMs at over 64,000 locations in the AllPoint network. You need $ 25 to open an account, but once done you don’t have to worry about an account minimum.

BBVA Also features customizable alerts, unlimited check writing, a debit card, and full-service account features like mobile deposits and free bill payment. You need to make sure you opt out of paper statements otherwise you will be billed $ 3 per month. FDIC member.

Visit BBVA or read our BBVA review

Bank of chimes

Chime offers an online banking experience with a debit card and at no cost. Besides not having monthly maintenance fees, you also don’t have to worry about overseas transaction fees or overdraft fees. Plus, you can access free cash at MoneyPass and Visa Plus Alliance ATMs, with more than 38,000 locations across the country.

Another great advantage offered by Carillon is the fact that you can set up direct deposit and receive your paycheck up to two days earlier.

Visit Chime or read our Chime review

Disclosure of chime – Chime is a fintech company, not a bank. Banking services provided by, and debit card issued by, The Bancorp Bank or Stride Bank, NA; FDIC members.

TD Practice Check

For those looking for an account that integrates with their brokerage account, TD Convenient Verification may be a good choice. However, it is important to note that there is a monthly maintenance fee of $ 15. However, you can avoid the fees by making sure your daily balance always stays above $ 100.

Convenience verification offers other benefits, including live customer service and a rate reduction if you get a personal loan or home equity loan from TD Bank.

Visit TD Bank

LendingClub Bank Essential Control

Rather than using ChexSystems, LendingClub Bank offers its Essential Checking as a second chance account. As a result, there is a monthly service charge of $ 9 and a daily debit card limit of $ 500.

Even so, this account can help you get back to your banking habits, and the account is feature-rich, with mobile wallets and mobile deposits, as well as bill paying. After you’ve been on track for 12 months, you may be able to upgrade to a Rewards Checking account.

Visit LendingClub Bank or read our LendingClub Bank review

Netspend All-Access account by MetaBank

Learn more

If you are looking for additional benefits from your bank without ChexSystems, MetaBank’s Netspend All-Access Account might be the right choice. However, there is no way to avoid the $ 5 monthly fee.

Even with that, you have access to early direct deposit, a toll-free ATM network, redemption rewards for certain debit card purchases, access to a purchase cushion, and the ability to connect a savings account and receive an APY bonus.

How we chose this list

We have reviewed several banks that do not use ChexSystems before approving you for an account. We have tried to choose different banks that meet various needs with different features and a variety of requirements. Chances are, you’ll find an account that meets your needs and preferences on this list.

What is ChexSystems?

ChexSystems is an assessment agency that focuses on deposit accounts. Typically, banks that use ChexSystems report issues with checking and savings accounts, including activities such as overdrafts, number of accounts requested, involuntary account closure, and negative unpaid balances.

When you apply for a bank account that uses ChexSystems, your bank history will be taken into account and you could be rejected for an account if the bank thinks there are too many red flags.

Features to look for in a No ChexSystems bank

If you are hoping to avoid a bank that uses ChexSystems, it is important to research various features. In some cases, banks that do not use this reporting system have limited services or may charge fees.

When you are not evaluating any ChexSystems bank, compare the fees and features. Carefully consider the features you need from a bank. If you only need basic features, you might be able to find a bank with low (or no) fees. Also be careful to see if the bank has a way for you to waive the fees by maintaining a minimum balance.

Related: Business chequing accounts that do not use ChexSystems

Which No ChexSystems bank is best for you?

Which bank without ChexSystems might work best for you depends on your situation and your priorities. If you are hoping for a full-service banking experience, you may need to work with a bank that uses a different reporting system, such as early warning services. However, if you don’t need a more traditional experience, there are other options like Chime and Netspend that can help you access online banking.

Carefully consider what is most important to you. There are ways to avoid fees while still having access to different services, including getting a checking account that matches your brokerage account well.

Related: Online banking vs traditional banking: which is better?


ChexSystems operates as a reporting agency for deposit accounts, typically with banks and credit unions. Participating institutions report on your account activity, including the reasons your account was closed, overdrafts, and other issues. These items are included in your ChexSystems report, which you can access when requesting a bank or credit union account.

Your bank report is not included in your credit score, so your ChexSystems record will not have a direct impact on your credit score.

According to ChexSystems, the reported information remains active on your file for up to five years.

Banks are not required to use ChexSystems, although many do. Also, even if a bank uses ChexSystems, the bank may decide to provide you with an account even if you have negative items. ChexSystems does not dictate what banks do. Instead, banks set their own policies and can use ChexSystems to determine if they should approve your account.

Final thoughts

Depending on where you apply for an account, you may be subject to a bank report. A bank can use an assessment agency like ChexSystems to review your transactions and use that information to determine whether or not they allow you to open an account with the bank. If a ChexSystems report shows negative items, you may not be able to open a bank account.

If you are concerned about what your ChexSystems report shows, you may consider opening an account at an institution that does not use ChexSystems.

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