If you’ve been denied a checking account because of past banking problems, you’re far from alone. Overdrafts, unpaid fees, or account closures can stay on your record and make it harder to get approved.
Even if another bank has turned you down, there are still paths to rebuild your financial standing and access the services you need.
How ChexSystems Affects Your Banking Access
ChexSystems is a consumer reporting agency that keeps track of banking behavior, including unpaid fees, overdrafts, and accounts closed for nonpayment. A negative record can remain on your ChexSystems report for up to five years.
Because nearly 80% of U.S. banks and credit unions use ChexSystems, one negative entry can limit your chances of opening a new account elsewhere.
PNC Bank’s ChexSystems Policy Explained
PNC Bank uses ChexSystems when reviewing new account applications. If your ChexSystems report includes negative information such as unpaid fees or excessive overdrafts, it may impact your ability to open a standard checking account.
However, PNC Bank also offers a second chance checking option called Foundation Checking, created for customers who are rebuilding their banking history. It provides essential account features and a way to demonstrate responsible account management over time.
Why PNC’s Foundation Checking Can Help You Rebuild
Foundation Checking gives you access to everyday banking tools—like direct deposit, debit card use, and online banking—without the stricter approval requirements of a standard account. Over time, maintaining this account responsibly can help you move back into a regular checking account.
It’s an ideal bridge for anyone who needs to restore their financial footing after being denied by other banks.
Best Banks That Don’t Use ChexSystems
If you prefer a bank that doesn’t use ChexSystems at all, there are several great options available. These institutions make it easier to open an account, even if your banking record isn’t perfect.
SoFi
- Up to $300 sign-up bonus with direct deposit
- No minimum opening deposit
- Earn up to 3.80% APY
- Over 55,000 fee-free ATMs
- Early pay with direct deposit
Current
- Build credit and earn points with every swipe
- No minimum opening deposit or maintenance fees
- Get paid up to 2 days faster
- No credit check or ChexSystems
Chime
- Up to 3.75% APY on a high-yield savings account
- Over 47,000+ fee-free ATMs
- Up to $200 fee-free overdraft coverage
- Get paid up to 2 days early with direct deposit
Learn More
- Banks That Don’t Use ChexSystems – Take the first step to rebuilding your banking history with our list of banks that do not use ChexSystems for account approval.
- Credit Unions That Don’t Use ChexSystems – Find a credit union that will work with you, not against you. Learn about the credit unions that don’t use ChexSystems.
- Am I in ChexSystems? – Unsure if you’re in ChexSystems? Learn how to find out and take control of your financial status.
- How to Get Out of ChexSystems – Learn how to get out of ChexSystems in four simple steps.
- Second Chance Checking Accounts – Take control of your financial future with our list of over 250 banks that offer second chance checking accounts.
