Second Chance Banking in Virginia

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According to an FDIC study, 4.4% of all households in Virginia are “unbanked”, meaning no one in the household has a checking or savings account. That’s over 135,000 households in the state alone! With that being said, approximately 85% of banks in the country use a consumer reporting agency called ChexSystems to determine if you’re eligible for a checking account or not.

If you’ve been reported to ChexSystems, it will be next to impossible to get a traditional checking account at the majority of banks and credit unions out there.

Luckily, there are many banking institutions out there that don’t use ChexSystems or offer second chance banking services to those in need. These banks and credit unions understand that mistakes happen and everyone deserves access to a reliable checking account. They’re willing to give their customers a second chance to improve their financial situations.

If you’re ready to start fresh and open a checking account, here are some of the best financial institutions in Virginia that are more than willing to work with you!

Second Chance Banking in Virginia for June 2024

Get an Account Today!

Chime | Over 7 Million Active Users
Fast-growing Chime® is one of our favorite checking accounts. The account has some amazing features and Chime accepts almost all customers who apply… even if you have bad or poor credit or have been blacklisted by ChexSystems or the credit bureaus.

Chime at a Glance

  • NO credit check or ChexSystems
  • NO initial deposit required
  • NO minimum balance required
  • NO monthly or annual fees
  • NO NSF/overdraft fees1
  • NO foreign transaction fees
  • NO fees at over 60,000 ATMs2
  • NO fees for mobile and online bill pay
  • FREE cash deposits at 8,500+ Walgreens3
  • Get your paycheck up to 2 days early with direct deposit4
  • 700,000+ 5-star reviews for the Chime smartphone app
  • Instantly transfer funds to friends and family without additional apps5
  • FDIC insured account up to $250,000

Savings Made Easy

Chime was one of the first to offer a “round up” option. If you use your Chime card on a purchase of $10.65, Chime gives you the option of automatically rounding up to $11.00 and putting the remaining $.35 in your free Chime savings account. And that adds up over time! Plus, Chime pays 2.00% Annual Percentage Yield (APY)6 in interest on that savings account.

We don’t think there is another company innovating for their customers like Chime.

Get a Chime Account Today!

Found Business Banking | Our Favorite Business Account
One of the biggest challenges for small businesses, entrepreneurs, and gig workers is finding the right bank account for their growing business.

The Found Business Banking Account solves that problem by simplifying your financial journey. Available only to sole proprietors and single-owner businesses, the sign-up process takes only a few minutes. There’s no credit check or ChexSystems.

Found Business Banking at a Glance

  • No opening deposit required
  • No minimum balance
  • No required monthly fees
  • Free unlimited ACH payments
  • Free unlimited invoicing
  • Free mobile check deposits
  • Free built-in expense management tools
  • Accept bank transfers and card payments
  • Easily connect to Quickbooks, Stripe, Venmo, PayPal, Etsy, etc.
  • Get paid up to 2 days early with direct deposit1
  • Send money to anyone within the U.S. using their phone number or email address
  • Deposit cash at over 79,000 locations
  • Access your account online or on the free app
  • Found’s core features are free. They also offer a paid product, FoundPlus

Fast Approval Process

Time is money and Found respects both. Apply for your business account online and the streamlined approval process ensures you’re up and running quickly. No lengthy paperwork needed to get swift access to your financial hub.

Easy Bookkeeping and Tax Management Tools

Managing your business finances shouldn’t be a headache. You get intuitive tools such as automated expense tracking, receipt capture, unlimited custom invoices, and the ability to manage 1099 contractor payments. Plus, you get the ability to auto-save for tax payments and automatically generate tax forms.

No Hidden Fees, No Surprises

Say goodbye to unexpected charges. Found.com believes in transparency. They’ve stripped away unnecessary fees, leaving you with a straightforward banking experience. No hidden costs—just clarity and peace of mind.

Found is a financial technology company, not a bank. Business banking services are provided by Piermont Bank, Member FDIC.2

Open a Found account now!

Upgrade Rewards Checking Plus
Upgrade is a digital banking platform providing a range of financial services, including checking accounts, personal loans, and credit cards without annual fees.

Upgrade Rewards Checking Plus at a Glance

  • Up to 2% cash back on purchases
  • NO opening deposit required
  • NO monthly maintenance fees
  • NO minimum balance requirement
  • NO NSF or overdraft fees
  • Fee-free cash withdrawals at over 55,000 Allpoint ATMs
  • Get paid up to 2 days early with direct deposit
  • 10%-20% lower interest rates on loans & credit cards through Upgrade
  • Earn up to 5.21% APY with a free Performance Savings Account
  • FDIC insured account up to $250,000

Earning 2% Cash Back

The Upgrade Rewards Checking Plus lets you earn 2% cash back rewards with debit card purchases. Eligible expenses include:

  • Convenience and drug stores
  • Gas stations
  • Monthly subscriptions, including streaming services
  • Restaurants
  • Utilities and cellphone services

All other purchases will earn 1% cash back. To earn the reward your account must be “active”. An active account is one that has a monthly direct deposit of $1,000 or more.

But if you choose not to or cannot meet the monthly direct deposit requirement, the account cashback program is reduced from 2% to 1%. In our view, that’s still a very strong offering with very few fees.

Consumers Love Upgrade

Managing your transactions is effortless, facilitated through either an intuitive online dashboard or the convenient Upgrade mobile app, available for both iOS (4.8 out of 5 rating) and Android (4.7 out of 5 rating) users. You’ll also have free access to your credit score and will be notified of any changes.

Not only is the Upgrade Rewards Checking Plus one of our favorites, but the account also has very high approval rates.

Get an Upgrade Account Now!

Current | Build Credit While You Bank
Current offers an innovative account to consumers who want it all without the costs and hassles.

The Current Build account helps you build credit every time you use the card. Sign-up takes about 2 minutes and Current has extremely high acceptance rates.

Current at a Glance

  • NO opening deposit required
  • NO credit check
  • NO minimum balance
  • NO fees at over 40,000 Allpoint® ATMs in the U.S.
  • Get your paycheck up to 2 days early with qualifying direct deposit
  • Earn up to a 4.00% bonus on your balance up to $6,000 with direct deposit; earn 0.25% without
  • Earn points for unlimited cashback at participating retailers
  • Send money instantly without any added fees
  • An elegant but simple smartphone app
  • 24/7 member support

Swipe The Card and Build Credit

Using your Current Build account to BUILD your credit is simple. Here’s how it works:

  1. You add money to your account
  2. Swipe your card to make purchases, pay bills, or get money from an ATM machine
  3. The funds in your account pay for these transactions
  4. Current reports your payment to build your credit history

Current Works Hard for You

Current offers a really unique service it calls Gas Hold Removals. What’s a gas hold? Some gas stations may apply a hold from $50 to $100 when you use your card to pump gas. If you only pumped $10 of gas, but the gas station places a $100 hold on your funds, you won’t have access to the $90 difference for up to 3 business days! The Current Build card will immediately remove the hold so you have access to all your funds. We haven’t found that benefit anywhere in the marketplace.

We love the features, we love the smartphone app, and we love Current. That makes us think you’ll love them too.

Get a Current Account Now!

Chase Secure Banking | $100 New Account Bonus
Most people know Chase and with over 15,000 ATMs and 4,700 branches across the country, the Chase Secure Banking account might be a good fit for a second chance bank account.

Chase Secure Banking at a Glance

  • NO credit check
  • NO ChexSystems
  • NO minimum deposit to open
  • NO overdraft fees
  • FREE access to over 15,000 Chase ATMs
  • FREE Chase OnlineSM Bill Pay
  • FREE money orders and cashier’s checks
  • Quickly send and receive money with Zelle®
  • Paper checks are not offered with the account

Earning the $100 Bonus

To earn the $100 bonus, you’ll need to complete 10 qualifying transactions within 60 days of account enrollment. Qualifying transactions include debit card purchases, online bill payments, Chase QuickDepositSM, using Zelle®, or receiving ACH credits.

What to Know About the Approval Process

Chase Secure Banking is the only account offered by Chase that doesn’t use ChexSystems but does use Early Warning Services (EWS). Additionally, if you’ve had an account closed by Chase in the past, your application will not be approved. Past account closures can include missteps such as non-payment of fees, excessive overdrafts, or suspected fraud.

Fees

Chase doesn’t offer overdraft services with this account as you can only spend the money you have available. You should also know that using non-Chase ATMs can cost from $3.00 to $5.00 per transaction. Surcharges from the ATM owner/network may apply.

Chase Secure Banking carries a $4.95 monthly service fee, but it can be waived when you have electronic deposits made into the account totaling $250 or more during each monthly statement period.

Other Account Features

Chase Secure Banking offers several other features we like. This includes:

  • Zero Liability Protection. Get reimbursed for unauthorized debit card transactions when reported promptly.
  • Budgeting Tools. Manage your spending and get daily spending insights with Snapshot in the Chase Mobile® app.
  • Credit and Identity Monitoring. Track your credit score, get a personalized action plan provided by Experian™ to help improve your score and receive identity monitoring for free through Chase Credit Journey®.
  • Early Direct Deposit. Get that “just paid” feeling up to two business days sooner with early direct deposit.

If you’ve wanted to bank with Chase and wondered if you’d qualify, we think you’ll be happy with the Chase Secure Banking account.

Get a Chase Account Now!

SoFi Checking & Savings | Earn a $325 Welcome Bonus
The SoFi Checking & Savings account is offered by SoFi Bank. It’s a checking AND savings account and we love that. Plus, they don’t use ChexSystems or your credit report to approve accounts.

SoFi Checking & Savings at a Glance

  • FREE SoFi debit MasterCard
  • FREE smartphone app. Manage your account online, too
  • No opening deposit required
  • No monthly minimum balance requirement
  • No monthly maintenance fees
  • No fees at 55,000+ ATMs
  • Get paid up to two days early with direct deposit

How to Earn the $325 Bonus

As soon as you get your SoFi Checking & Savings account and deposit $10 or more, you’ll earn $25. When you set up direct deposit from an employer, SoFi will credit your account up to an additional $300 (depending on the amount of your direct deposit).

Using the SoFi direct deposit option unlocks additional benefits, too. First, if you overspend a bit, SoFi will cover up to $50 with no overdraft fees. Second, you’ll receive a much higher interest amount of 4.60% APY on savings account balances and .50% APY on checking account balances. If you decide not to utilize direct deposit, you’ll receive 1.20% APY on savings balances.

The sign-up process can take less than 60 seconds. With over 6 million members, SoFi is a bank you can count on!

SoFi has been great! The account was easy to open and I got my debit card a few days later. The smartphone app is easy to use and I can check everything from my computer, too. SoFi seems to be the perfect bank.
Claire M., SoFi Customer

Get a SoFi Account Now!

Acorns
Acorns is making a name as a place to invest money for the long term, but what we really like is that they offer both checking and savings accounts. That makes Acorns another of our favorite bank accounts. As a company built to compete with the largest banks, Acorns offers some extraordinary benefits.

We love the heavy metal tungsten Visa debit card and the world-class smartphone app that allows you to manage every aspect of your new checking account such as budgeting, spending, and security.

Another nice option is the ability to round up on every purchase and Acorns will take that money and automatically put it in a savings account. This really helps build a nest egg.

It takes about 2-3 minutes to sign up and not only do you get a checking and savings account, but you also have access to an investment account once you’re ready to consider that. And, it’s free. Here’s more:

  • FREE Visa® debit card
  • FREE bank-to-bank transfers
  • FREE physical check sending online or through the mobile app
  • FREE mobile check deposits
  • FREE access to 55,000+ fee-free ATMs
  • NO minimum balance or overdraft fees
  • NO credit check
  • $3 monthly fee
  • FDIC insured

Acorns was built to give everyone the tools to manage their finances which makes it one of our top picks.

Get an Acorns Account!

Ally Bank Spending Account
Ally Bank has been one of the most highly rated online banks for the past several years. It’s not because they have the most features, but because they consistently make their customers delighted with the features the bank offers.

For starters, there’s no minimum opening deposit required. Ally doesn’t charge any monthly maintenance fee and there is no overdraft fee (more on that below). You’ll have access to 43,000+ ATMs and Ally will reimburse you up to $10 per statement cycle if you get charged for using another institution’s machine.

You’ll become eligible for Ally’s overdraft program called CoverDraft 30 days after depositing a total of $100. Ally will activate CoverDraft automatically and send you an email when they do. You can turn CoverDraft off at any time, as long as your account balance isn’t negative. Otherwise, Ally will decline the transaction without payment. In either case, you won’t be charged an overdraft fee.

We like that you can use Zelle to send and receive money, get paid up to 2 days sooner with early direct deposit, and deposit checks remotely with Ally eCheck Deposit. We also like that Ally has high approval rates as long as you don’t have a ChexSystems or EWS fraud alert in your past.

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Armed Forces Bank
Rather than referring to your ChexSystems record, Armed Forces Bank will refer to a credit report and Certegy check services to determine if you’re eligible for an account. If you only have issues with ChexSystems, there’s a good chance you will be approved.

We like their Access Checking account because it provides all of the banking necessities while remaining affordable. The account comes with digital banking access, free eStatements, a free Visa debit card, and overdraft protection services. To waive the moderate $10 monthly service charge, you just need to enroll in direct deposit.

To get started, all you will need is $25 for an initial deposit. As the name may suggest, Armed Forces Bank offers accounts to anyone who is actively enrolled or retired from the U.S. Army. You can find their Virginia branch located on-base at Fort Myer. They also have a few fee-free ATMs available in the Fort Myer and Norfolk areas.

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Appalachian Community Federal Credit Union
Fresh Start Checking, offered by Appalachian Community Federal Credit Union (ACFCU), is a solid choice for anyone with a ChexSystems history. Opening an account is as easy as providing a $20 initial deposit and paying a $10 monthly service fee. It’s worth noting that to become a member, you must live, work, or attend school in one of the following counties: Carter, Hawkins, Sullivan, Unicoi, or Washington.

Alternatively, you may join ACFCU if you are a member of H/Ead or if you have a family member who already has an account with ACFCU. The benefits of opening an account include no minimum balance or pay per check charge, a nationwide network of over 85,000 ATMs, and 24/7 access to your account(s).

Opening a Fresh Start Checking account can be done by visiting ACFCU’s Virginia branch located in Norton. They also have dozens of co-op shared branches across the state where you can conduct most of your in-person banking needs.

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Benchmark Community Bank
If you’ve had issues in the past with banks that use ChexSystems, Benchmark Community Bank may be a viable option for you. They do not use ChexSystems when screening new applicants. Out of their several different account options, we recommend their BCB Free Checking account.

We like this account because it doesn’t have any minimum balance requirements or pesky monthly service fees. To get started, you will need at least $100 as an opening deposit. Once opened, you can enjoy a free Visa debit card with unlimited transactions as well as overdraft protection options.

To get started, visit their website or one of their Virginia branches located in Blackstone, Chase City, Clarksville, Crewe, Emporia, Farmville, Halifax, Kenbridge, Lawrenceville, South Boston, South Hill, and Victoria.

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Blue Grass Valley Bank
Blue Grass Valley Bank only requires a valid photo ID when you apply for a checking account. You should be able to obtain an account regardless of your history with ChexSystems, Telecheck, or EWS.

Their Regular Checking account only has a required opening deposit of only $20. If you keep at least $20 in your account, you won’t have to pay any monthly service fees. The account also includes the basics like a free Visa debit card, online bill pay services, and unlimited check writing.

Blue Grass Valley Bank has locations conveniently located in Blue Grass and Monterey. Visit a branch nearest you to get started!

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Carter Bank & Trust
Carter Bank & Trust uses a credit report in lieu of ChexSystems when you apply for a checking account. As long as your credit has remained somewhat intact, there’s a good chance you’ll be approved for an account.

We like their Lifetime Free Checking account because it provides you with all of the necessities while avoiding unnecessary fees. With this account you can enjoy a free debit card, access to online and mobile banking, and free eStatements. There’s a $50 required opening deposit, but after that point there are no monthly service fees or minimum balance requirements.

To get started, visit their website or one of their many branches throughout the state in cities including Abingdon, Roanoke, Bedford, Lebanon, and plenty of others!

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Central Virginia Federal Credit Union
If you’ve had financial issues in the past and are looking for an account that can help you build your credit, Central Virginia Federal Credit Union has you covered with their Fresh Start Checking account. This account has a low monthly service fee and no minimum balance requirements.

With a Fresh Start Checking account you can enjoy a free Visa debit card, unlimited check writing, and free notary services. You can also enroll in direct deposit or payroll deduction, but it is not required to do so.

To join Central Virginia FCU, you must live, work, worship, or attend school in Amherst, Appomattox, Bedford, or Campbell Counties. Eligible areas also include Lynchburg, Bedford, and Altavista. Visit their website or one of their branches located in Forest, Lynchburg, and Madison Heights to apply!

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Chesapeake Bank
Chesapeake Bank is a non-ChexSystems bank that utilizes Telecheck during the screening process. Out of their several account options, we like their myChecking 1 account because it’s simple and provides you with all the features you need for everyday use.

To open a myChecking 1 account, all that is required is a $25 initial deposit. From there, you’ll receive a free Visa debit card and access to online banking. There is a $5 monthly maintenance fee, but it can be waived if you meet simple requirements like enrolling in direct deposit, eStatements, and text banking.

You can apply for an account conveniently online or at one of their branches. Chesapeake Bank has branches spread across the state in cities including Irvington, Hayes, Lafayette, Chesterfield, and many others.

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City National Bank
City National helps you manage your money wisely. Their Bounce Back program is a second chance account to help you get back on track. The account is easy to open, has no minimum balance requirement, and features a reasonably low monthly fee of $6.99 with direct deposit or $8.99 without.

Other features include free e-Statements, free mobile banking, online banking and bill pay, and free text banking.

City National has over a dozen locations in Virginia. You can find them in cities including Waynesboro, Stuarts Draft, Staunton, Buena Vista, and many others!

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Discover Bank® Cashback Debit Checking Account
No. Fees. Period. That’s how Discover Bank promotes its Cashback Debit Checking Account. And, after conducting our research, we can say that’s mostly true. In fact, the only fees you’ll ever incur are for outgoing wire transfers and service charge fees if you use a non-Discover ATM if it is not part of the 60,000+ ATMs in their no-fee network.

As long as there are no past incidences of fraud on your ChexSystems report, Discover might be a great account for you.

Discover Bank® Cashback Debit Checking Account at a Glance

  • 1% cash back on up to $3,000 in debit card purchases each month
  • Access to 60,000+ fee-free ATMs; $510 cash withdrawal limit per day
  • Fee-free opt-in overdraft protection transfer service
  • Get paid up to 2 days early with direct deposit
  • Send and receive money with Zelle®
  • No monthly fee (no balance or activity requirements)
  • No fee for insufficient funds
  • Deposit cash at any Walmart — with no fees
  • Mobile check deposits
  • No deposit to open

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GO2bank
GO2bank is an offering of pre-paid card giant GoBank and we think it’s a step in the right direction. Like some of the newer “challenger banks” GO2bank will deposit your direct deposit check up to 2 days early and has cashback rewards on several categories of purchases. This account also makes you eligible for the GO2bank credit card, which has no annual fee or required credit check.

One significant drawback to many online-only bank accounts is that they have no way to accept cash deposits. But GO2bank accepts cash deposits at over 90,000 Green Dot locations nationwide. However, participating retailers may charge you a fee.

If you direct deposit over $500, your monthly maintenance fee of $5.00 is waived. And, they offer a pretty sweet overdraft protection program, but it has a gotcha charge of $15 if you don’t replace the funds within 24 hours.

Account-holders will appreciate the ability to budget their money with the help of a mobile app, budgeting tools, and a savings vault. In fact, they pay 1% on all money in the saving vault up to $5,000.

Get a GO2bank account

GTE Financial
Go Further from GTE Financial helps put you on the path to a better checking account. If you don’t qualify for a traditional account, the Go Further account will help you get there in as little as 12 months. We consider this a low-cost second chance checking. As long as you make a total deposit of $500 for the month, opt to receive eStatements and make 15 monthly transactions, the $9.95 maintenance fee is waived.

GTE Financial is one of the largest credit unions in the US. Membership is open to anyone through easy requirements and an online application process. The Go Further account includes:

  • Free EMV-equipped debit card with built-in rewards
  • Online and mobile banking tools
  • Free bill pay service
  • Easy money transfers through the Popmoney service

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Healthcare Systems Federal Credit Union
If you’re looking for a true second chance account, look no further than Healthcare Systems Federal Credit Union. They offer their Renew Checking account to anyone who has gone through financial hardships and wants to get their finances back on track.

It’s important to note that direct deposit is required for the Renew Checking account. Once you open the account and receive the first direct deposit into your account, you will receive a debit card. The account also includes mobile access and a moderate $10 monthly service fee.

After 12 months of responsible use, Healthcare Systems FCU allows you to upgrade to one of their traditional checking accounts. Anyone working volunteering in the healthcare industry is welcome to join. You can also join if you have a household family member that works in the industry. Their branches are located at hospitals in Falls Church, Fairfax, Springfield, and Alexandria.

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Lili | Quick Approval Small Business Banking
Lili was custom made for freelancers and independent contractors who are operating as sole proprietors and single member LLCs and we really like their offering. Lili aims to approve most accounts within 2-3 days, but some accounts are approved in 2-3 hours.

Lili offers a checking account and Visa debit card with no initial deposit or minimum balance requirement, no hidden fees, no credit check, and no ChexSystems. Lili makes getting your account easy!

Lili at a Glance

  • FREE business VISA debit card
  • FREE (and very user-friendly) mobile app
  • NO minimum balance
  • NO NSF charges or fees
  • NO credit check or ChexSystems
  • NO fees for incoming wire transfers
  • Receive direct deposit funds 2 days earlier than many banks
  • Mobile check deposit
  • Unlimited fee-free transactions
  • Takes 3 minutes to apply

Application Process

You can set up an account online. If you’re a freelancer, you should receive approval and account access almost instantly. All others (Sole Proprietor, Single-Member LLC, Multi-Member LLC, General Partnership, Limited Liability Partnership, or S Corp) can take a couple of days to get approved. You can fund your account using a mobile check deposit, direct deposit, ACH transfer, or by linking your Venmo, PayPal, or Cash App account.

Lili is a financial technology company, not a bank. Banking services provided by Sunrise Banks N.A., Member FDIC.

Open a Lili account now!

Main Street Bank
Rather than referring to ChexSystems, Main Street Bank uses Telecheck to screen new applicants. If your main issue has been with ChexSystems banks in the past, this may be an excellent alternative for you.

They offer Kasasa Checking products that come with different rewards. The Kasasa Cash account allows you to earn interest on your balance while the Kasasa Cash Back account gives you cashback on everyday purchases. Both accounts are fee-free and do not have minimum balance requirements.

Main Street Bank branches are primarily located across northern Virginia. You can find them in cities including Clarendon, Leesburg, Herndon, McLean, and Fairfax. Apply online or at a branch nearest you to get started!

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Market USA Federal Credit Union
Market USA Federal Credit Union offers a second chance to those that have experienced checking difficulties in the past. Their Fresh Start Checking is an excellent option for anyone who wants to rebuild a positive checking history while enjoying some of the benefits of a traditional checking account.

It’s important to note that direct deposit is required with this account. There are no minimum balance requirements, no monthly service fees, and a free Visa check card that is included. We like this account because it allows you to upgrade to a traditional checking account after only six months of good standing! With Fresh Start Checking, you can improve your financial standing quicker than other second chance accounts out there.

All Virginia residents are eligible to become a member at Market USA FCU. Once you’re approved, all that is required is a $5 deposit into a savings account to establish membership. Unfortunately, there aren’t any physical branch locations in Virginia, but you gain access to co-op shared branches where you can conduct most of your in-person banking needs.

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Member One Federal Credit Union
Member One Federal Credit Union offers a second chance to those who have been denied a checking account due to less-than-perfect banking history in the form of their Smart Choice Checking account.

To learn more about the details, you will need to call their main telephone line or visit one of their branch locations. Unfortunately, they don’t provide too many specifics directly on their website. You can find branches located in cities including Roanoke, Vinton, Salem, Daleville, Hardy, and several others in the surrounding area.

To join Member One FCU, you must live, work, worship, or attend school in Altavista, Radford, Vinton, Amherst, Bedford, Botetourt, Campbell, Forest, or Lynchburg. You can also join if you have a connection to Franklin, Montgomery, or Pittsylvania Counties.

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mph.bank Fresh Account
It’s a tall order to “Make People Happy” when it comes to banking, but that’s the stated mission behind mph.bank.

Powered by Liberty Savings Bank (established in 1889!), the mph.bank Fresh account does use ChexSystems, but as long as you don’t have more than 3 charge-offs totaling $1,000 or reports of fraud approval rates are very high. Fees for the account include a $9 monthly service fee and a $10 overdraft fee.

mph.bank Fresh Account at a Glance

  • $0 initial deposit to open account
  • Send and receive money with Zelle®
  • Access your account with your phone or computer
  • When coupled with a free savings account, earn up to 5.00% APY
  • Optional ability to round up charges and stash the cash into savings
  • Get paid up to 2 days early with direct deposit
  • Access to over 55,000 fee-free ATMs

Apply for a Fresh Account Today!

Navy Federal Credit Union
No matter your banking past, Navy Federal Credit Union offers traditional checking for all members in Alabama and across the US. With no review requirements of your banking history, NFCU is an excellent choice for active duty or retired US military, family members and government contractors. There are two banking choices to choose from: Active Duty Checking and Free eChecking.

Both account options come with a free NFCU debit card. There is no monthly service fee with direct deposit. Your account is protected from overdrafts with free savings transfers, a checking line of credit or an optional overdraft protection service. You also receive:

  • Free mobile deposits
  • Free bill pay
  • Free traditional name-only checks
  • Dividends credited monthly

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NorthOne | No Credit Check Business Account
NorthOne is a digital bank built specifically for businesses with 1-10 employees. In addition to dramatically streamlining the application process, NorthOne offers a business checking account with no credit check.

NorthOne Business Banking at a Glance

  • NO minimum monthly balance requirement
  • NO monthly fees
  • NO NSF fees
  • NO ACH transfer fees. Highest ACH limits of any digital bank
  • NO credit check or ChexSystems
  • FREE access to over 40,000 ATMs nationwide for cash deposits and withdrawals
  • FREE integrations with over 100+ popular tools
  • FREE perks and discounts on SMB software – over $5,000 in value
  • FREE bill payment software (replaces bill.com)
  • FREE sales and revenue analytics software

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Banking Services

NorthOne doesn’t have any recurring fees or require a minimum account balance. The account includes all business basics: ACH payments, wire transfers, bill pay, debit card usage, mobile check deposits, and transfers. The only fee is $15 for wire transfers. You can even send a physical check straight from your phone for just $1, and NorthOne will print and mail it for you.

NorthOne also has access to faster money movement through connecting to the Same Day ACH and Real-Time Payments network, the latter allows deposits from popular payment processors (Amazon, Paypal) to clear immediately.

Financial Automation

Layered on top of the bank account, NorthOne offers 3 powerful financial automation products. First, they offer a full invoice and bill payment automation, where you send your bills and invoices directly to NorthOne, NorthOne uses AI to extract everything you need to pay and to whom and sets up the payment for one-tap approval.

Second, they offer revenue and sales analytics, where you can connect to the e-commerce or POS tools you use and see your gross revenue, transaction volume, and cost of returns in every one of your accounts, in real-time.

Third, they offer integrations with hundreds of third-party apps including Paypal, Stripe, Square, Etsy, Shopify, Airbnb, Amazon, Venmo, Toast, Uber, Lyft, Quickbooks, FreshBooks, Wave, Expensify, and many more. You can sync transaction details, collect payments, see and pay invoices, send payroll, pay contractors, and more through these integrations.

Application Process

NorthOne approves accounts within one to two business days. Information required to open an account includes name, address, and social security number or tax identification number. If applicable, NorthOne may ask for a copy of your business license and business formation documents. After you’re approved, you’ll need to make a $50 minimum opening deposit.

In our opinion, the NorthOne no credit check business bank account is one of the most competitive business bank accounts for entrepreneurs and small business owners.

Open a NorthOne account today!

Old Point National Bank
Instead of referring to your history with ChexSystems, Old Point National Bank utilizes Telecheck to determine if you’re eligible for an account. Out of their five different checking options, we recommend their Free Checking account.

Especially if you’ve had issues in the past maintaining a checking account, a simple account like Free Checking can provide you with all the basics while avoiding unexpected service fees. All you need to open the account is a $25 deposit. From there, you won’t have to worry about monthly service fees or minimum balance requirements.

Old Point National Bank is primarily located in northeast Virginia. They have branches located in cities including Norfolk, Carrollton, Williamsburg, Yorktown, Virginia Beach, Hampton, and several others. Contact a branch nearest you to get started!

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Peoples Advantage Federal Credit Union
If you’ve experienced financial hardships in the past and are looking to get your finances back on track, Peoples Advantage Federal Credit Union has you covered. Their Fresh Start Checking account comes with many of the features you’d find in a traditional checking account.

The account includes a free Visa debit card, access to online banking with bill pay, and overdraft protection options. If you enroll in direct deposit, you can even access your money a few days early! There is a $50 opening deposit required as well as a low monthly service fee.

You can apply for membership at Peoples Advantage FCU directly on their website or in person at a branch. Their branches are located in Petersburg and Colonial Heights for your convenience.

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Pioneer Bank
Pioneer Bank is another example of an option that refers to Telecheck in lieu of ChexSystems during the screening process. If you’ve only been reported by a bank that uses ChexSystems, this may be an excellent alternative for you.

We like their Everyday Checking account because it is a truly free account! The only requirement is that you enroll in eStatements. There is no opening deposit, no minimum balance requirement, and no monthly service fee. You also get a free Visa debit card and access to online and mobile banking.

To get started, visit their website to learn more or apply in-person at one of their branches. You can find Pioneer Bank locations in Stanley, Luray, Shenandoah, Stanardsville, Harrisonburg, Ruckersville, and Charlottesville.

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Select Seven Credit Union
Select Seven Credit Union offers their Second Chance Checking account to anyone struggling to open a traditional checking account due to past financial difficulties. This account includes many features from a traditional option and can help you get back on your feet.

Second Chance Checking includes a free Visa check card, checks for purchase, and optional courtesy pay for those that are approved. To open the account, you will need to deposit at least $50 and pay a $10 service fee each month. After 12 months of good standing, they will waive the service fee altogether!

Select Seven CU extends membership to anyone who lives, works, worships, or attends school in Scott and Washington Counties in Virginia. You can also join if you have a family member who already has an account. Unfortunately they do not have physical branches in the state, but they do have nearby branches in Johnson City and Kingsport, Tennessee.

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SouthState Bank
SouthState Bank recognizes that managing finances can sometimes be challenging. That’s why they offer their Direct Checking account. This account is a simple, no-frills account that delivers all of the basics.

Having no overdraft privilege attached to the account helps people stay on top of their money. Keep track of your deposits and purchases with online or mobile banking. Online banking includes bill pay to help you keep on top of managing your monthly expenses. The mobile banking feature also includes mobile deposits to make life more convenient.

Opting for eStatements allows you to track your spending and any deposits you’ve made without accruing the $2 paper statement fee. This simple account has a $5 monthly maintenance fee. To open the account, you can apply online or visit one of their Virginia branches in Richmond, North Chesterfield, and Ashland.

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Transit Employees Federal Credit Union
Transit Employees FCU offer their Fresh Start account for those who don’t qualify for a traditional checking account. While it doesn’t have all the bells and whistles of other accounts offered, it’s still a solid checking account nonetheless.

The Fresh Start account comes with access to online banking and Bill Pay, a complimentary Visa debit card and ATM access for over 30,000 ATMs with no surcharge, and eStatements.

For more information about the requirements for opening a Fresh Start account, or if you’re interested in beginning the process, contact Transit Employees Federal Credit Union by phone or visit one of their branches located in Alexandria, Appomattox, Prospect, Farmville, Dillwyn, Concord, and more.

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UNIFY Financial Credit Union
Right Start Checking from UNIFY Financial Credit Union is perfect for those starting out with a new checking account. You can easily open a UNIFY account online or in-person with a $25 deposit. You aren’t required to have a minimum balance or direct deposit for this opportunity to build a positive checking account history.

All UNIFY checking accounts offer:

  • No monthly service fees or per-check fees
  • Free online eBanking
  • Free Visa debit card
  • Free UNIFY ATM access
  • Free online eStatements

UNIFY Financial CU has one branch in Norfolk located in Virginia. They’re also in-network with several shared co-op branches across the state for your convenience.

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United Bank
United Bank does not use ChexSystems or a credit report when you apply for their Essential Checking account with them.

Essential Checking has no overdraft fees and no minimum balance requirements. All that you’ll need to get it started is a $25 opening deposit. You’ll also gain access to their mobile smartphone app where you can deposit checks and monitor your account.

There is no monthly fee for customers 25 and under. For customers 26 years of age or older, there is a $5 monthly fee with eStatements and a $7 monthly fee if you want paper statements.

United Bank has dozens of locations in Virginia. You’ll find them in cities including Arlington, Charlottesville, Bridgewater, Fredericksburg, and many others. Visit their website to find a branch nearest you!

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United Southeast Federal Credit Union
In lieu of ChexSystems, United Southeast Federal Credit Union utilizes Telecheck when screening new applicants. If your main issue has been with ChexSystems banks in the past, this may be a good alternative for you.

They offer their Premier Checking account that is loaded with nice features. In addition to identity theft protection services, you get one free box of checks per year and a Visa debit card to use for everyday purchases. This account also comes with online banking with mobile check deposit and has a low monthly service fee of $5.95.

To become a member at United Southeast FCU, you must live, work, worship, or attend school in Washington County. You can also join if you have an immediate family member who has an account with them. They have locations in Bristol, Abingdon, and Lebanon for your convenience.

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Varo Bank
Varo Bank is another internet-only bank with services based on their mobile apps for Apple and Android devices. Varo doesn’t charge fees at 55,000+ Allpoint ATMs and offers strong budgeting tools and automatic savings programs.

Opening an account is easy and Varo doesn’t check your credit or use ChexSystems. Varo doesn’t even require an initial deposit to open an account, either. There are never any monthly maintenance fees, account balance minimums, overdraft fees, foreign transaction fees, transfer fees, or debit card replacement fees.

Varo’s recent bank charter has them innovating more than ever. They have a very strong cashback program, a payroll advance option, and have started to offer their customers a secured credit card called Varo Believe.

Finally, if Varo receives a payroll notification before your payday, it can deposit your money more quickly than many banks.

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Virginia Credit Union
Available through Virginia Credit Union, the Encore Checking account is designed for individuals who may not qualify for a traditional checking account. If you want to rebuild your finances and get on track, this checking account is made for that purpose. It includes online and mobile banking, ATM fee rebates, and a free debit card.

To open an Encore Checking account, $20 needs to be deposited. After that, a charge of $9.95 is levied each month. The account comes with all the basics like a free debit card, eStatements, and online banking. After a period of responsible use, you’re able to upgrade to one of their traditional checking accounts.

To become a member at Virginia CU, you must meet some eligibility requirements. You can if you have an association with one of several cities including Richmond, Petersburg, Hopewell, and Fredericksburg. There are also other ways to be eligible, so be sure to visit their website or a branch to see if you qualify!

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Walmart MoneyCard
Want to earn cash back on Walmart purchases – up to $75 each year? Then you might love the Walmart MoneyCard.

It’s a debit card that has some strong features such as cashback on Walmart purchases, overdraft protection, interest on your savings, and a mobile app that lets you track your purchases and deposit funds into your account.

Walmart MoneyCard at a Glance

  • Easy approval: no ChexSystems or credit check
  • No initial deposit is required and there are no monthly minimums
  • Deposit cash for free at any Walmart store and it shows up 10 minutes later
  • Deposit checks using the Walmart MoneyCard smartphone app
  • Easily request multiple cards for family use1
  • Manage your account from your computer or the smartphone app
  • 3% cashback on Walmart.com purchases, 2% cashback for Walmart fuel stations, and 1% cash back for use in-store2
  • Earn 2.00% APY on money you set aside in a free savings account3
  • With qualifying direct deposits4, you can opt-in and enjoy overdraft protection of up to $200 on eligible purchases5
  • No monthly fee when you direct deposit $500+ in the previous monthly period. Otherwise, there’s a $5.94 monthly fee.6

The Walmart MoneyCard is available in all 50 states, Washington D.C., and Puerto Rico.

Open an account today!

Wells Fargo
Wells Fargo changed the Opportunity Checking account to Clear Access Banking. And we like one change, in particular. Wells Fargo has done away with overdraft and non-sufficient funds (NSF) fees. Clear Access Banking is a debit card-only account (no paper checks available) and if you attempt to purchase something without sufficient funds, the transaction will be denied. That’s a lot better than having the transaction approved and then discovering you’ve been hit with a $35 overdraft fee.

There is a $5 monthly fee, but that is be waived for account holders 24 years old and younger. This account is available to residents in all 50 states.

  • The largest number of branches in the U.S.
  • Minimum deposit of $25 to open an account
  • Online bill pay and smartphone app
  • Mobile check deposit
  • Includes a Visa debit card
  • Send and receive money through Zelle
  • Additional features include account alerts, 24/7 fraud monitoring, and zero liability protection for your debit card

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Woodforest National Bank
Woodforest National Bank’s Second Chance Checking is designed for those with previous banking account challenges. With a minimum initial deposit of only $25 and a $9 one-time account fee, you can begin to build a positive banking relationship. The downside to banking with Woodforest is that they charge fees for services that most banks offer for free and you have to go in to a branch location to open this account.

You can lower your Second Chance monthly maintenance fee from $11.95 to $9.95 by setting up monthly direct deposit. Woodforest offers:

  • Online banking
  • A mobile banking app
  • Woodforest Debit Card
  • Overdraft solutions
  • Free platinum debit card

Woodforest National Bank has over a dozen locations across the state in cities including Lynchburg, Richmond, Manassas, and many others. You can find the majority of branches located inside of Walmart stores as well as a few stand-alone branches.

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Citibank Access Checking
The Citi® Access Checking account is a solid option if you’ve been blacklisted by ChexSystems or Early Warning Systems. As long as you haven’t been flagged for fraudulent behavior and don’t owe Citibank an outstanding amount, approval rates for this account are good.

There are no monthly service fees for the first 3 months after opening the account. The $5 monthly service fee can easily be waived after that time by depositing at least $250 per month.

We also like that there are no overdraft or returned item fees because if you don’t have enough money in your account, the item will be returned.

Citibank Access Checking at a Glance

  • 65,000+ fee-free ATMs
  • Send money to almost anyone with a U.S.-based bank account through Zelle®
  • No overdraft or NSF fees
  • $5 monthly fee can be waived with $250 in qualified direct deposits
  • $0 liability for unauthorized charges
  • Available in all 50 states and Washington DC
  • No minimum opening deposit

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Capital One 360 Checking
The Capital One 360 Checking Account uses a proprietary approval process that does not include ChexSystems and might be a solid option for those who have had past financial challenges.

Available in all 50 states and the District of Columbia, Capital One acts more like an online bank than one with over 400 branches in a few states. Its highly-rated smartphone app gives customers full control of their account and you can access everything from a computer, too.

Capital One 360 Checking at a Glance

  • No opening deposit is required
  • No monthly or annual fees
  • No minimum balance and no overdraft fees
  • Add cash to your account at CVS® locations.
  • No-fee access to over 70,000 ATMs nationwide
  • No foreign transaction fees when traveling abroad
  • Deposit checks and pay bills with the smartphone app
  • Send and receive money with Zelle®
  • Early direct deposit feature
  • Monitor your credit score with Capital One’s CreditWise feature
  • FDIC insured account up to $250,000

How The Overdraft Feature Works

The account offers two overdraft services. The first is a free savings transfer where you link your checking account to a savings account. If you overdraw from your checking account, Capital One will cover the charge by making a transfer from your savings account.

The second option is a no-fee overdraft where the bank approves recurring debit payments, check payments, or bill pay payments even if it results in a negative balance for your account. To qualify, you’ll need to receive at least $250 in direct deposits during two of the three previous months.

Customer Service

In the era of chatbots and customer service-by-email, Capital One stands out for its personalized customer service. Once you set up an online account, you can chat 24/7 with a live customer service representative. If you want to speak with a representative on the phone, you can call between 8 a.m. and 11 p.m. Eastern Time.

The website is laid out well and easy to understand. The smartphone app is also easy to navigate and has received 4.9 out of 5 stars in the Apple store and 4.6 out of 5 stars in the Google Play store.

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Did we leave your financial institution off this list of The Best No ChexSystems and Second Chance Banks and Credit Unions? Has there been a change in any of the listings? Please let us know.

Best Second Chance Banks by State

To find more information and additional options available in your area, select your state from the list below and explore your options.


Additional Chime Disclaimers:  Back to Chime Review Chime is a financial technology company, not a bank. Banking services and debit card issued by The Bancorp Bank, N.A. or Stride Bank, N.A.; Members FDIC. Credit Builder card issued by Stride Bank, N.A.

1Eligibility requirements apply. Overdraft only applies to debit card purchases and cash withdrawals. Limits start at $20 and may be increased up to $200 by Chime. See chime.com/spotme.

2Out-of-network ATM withdrawal fees may apply except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM. Cash deposit or other third-party fees may apply.

3Customers are limited to three $1,000 cash deposits at Walgreens each day and $10,000 each month.

4Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.

5Sometimes instant transfers can be delayed. The recipient must use a valid debit card to claim funds. Once you are approved for a Chime Checking Account, see your issuing bank’s Deposit Account Agreement for full Pay Anyone Transfers details. Please see the back of your Chime debit card for your issuing bank. See Terms and Conditions.

6The Annual Percentage Yield (“APY”) for the Chime Savings Account is variable and may change at any time. The disclosed APY is effective as of September 20, 2023. No minimum balance required. Must have $0.01 in savings to earn interest.

Additional Found Disclaimers:  Back to Found Review

1Direct deposit funds may be available for use for up to two days before the scheduled payment date. Early availability is not guaranteed.

2Found is a financial technology company, not a bank. Business banking services are provided by Piermont Bank, Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category. The Found Mastercard Business debit card is issued by Piermont Bank pursuant to a license from Mastercard Inc. and may be used everywhere Mastercard debit cards are accepted.

Additional Walmart MoneyCard Disclaimers:  Back to Walmart Review

1Family Accounts: Activated, personalized card required. Other fees apply to the additional account. Family members age 13 years and over are eligible. Limit 4 cards per account. See Deposit Account Agreement for details.

2Cash back, up to $75 per year, is credited to card balance at end of reward year and is subject to successful activation and other eligibility requirements. Redeem rewards using our website or app. You will earn cash back of three percent (3%) on qualifying purchases made at Walmart.com and in the Walmart app using your card or your card number, two percent (2%) at Walmart fuel stations, and one percent (1%) on qualifying purchases at Walmart stores in the United States (less returns and credits) posted to your Card during each reward year. Grocery delivery and pickup purchases made on Walmart.com or the Walmart app earn 1%. For the purposes of cash back rewards, a “reward year” is twelve (12) monthly periods in which you have paid your monthly fee or had it waived. See account agreement for details.​

3Interest is paid annually on each enrollment anniversary based on the average daily balance of the prior 365 days, up to a maximum average daily balance of $1,000, if the account is in good standing and has a positive balance. 2.00% Annual Percentage Yield may change at any time before or after account is opened. Annual Percentage Yield is accurate as of 5/15/23.

4Direct Deposit: Early availability of direct deposit depends on timing of payroll’s payment instructions and fraud prevention restrictions may apply. As such, the availability or timing of early direct deposit may vary from pay period to pay period. Make sure the name and social security number on file with your employer or benefits provider matches what’s on your Walmart MoneyCard account exactly. We will not be able to deposit your payment if we are unable to match recipients.

5Opt-in required. $15 fee may apply to each eligible purchase transaction that brings your account negative. Balance must be brought to at least $0 within 24 hours of authorization of the first transaction that overdraws your account to avoid the fee. We require immediate payment of each overdraft and overdraft fee. Overdrafts paid at our discretion, and we do not guarantee that we will authorize and pay any transaction. Learn more about overdraft protection.

6No monthly fee with qualifying direct deposit, otherwise $5.94 a month. Waived when $500+ is loaded in the previous monthly period. First monthly fee occurs upon first use, the day after card activation or 90 days after card purchase, whichever is earlier.

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