If you’ve been denied a checking account because of past banking issues, you’re not the only one. Overdrafts, unpaid fees, or account closures can leave lasting marks that make it hard to start fresh.
Even so, you still have options. The key is knowing which banks rely on ChexSystems—and which give you a second chance.
How ChexSystems Tracks Your Banking History
ChexSystems is a consumer reporting agency that records certain banking activity, including unpaid fees, excessive overdrafts, and closed accounts. A negative record can stay on your ChexSystems report for up to five years, which can make it difficult to open new accounts.
Because nearly 80% of banks and credit unions use ChexSystems when screening applicants, a past mistake can limit your ability to get approved elsewhere.
Ally Bank’s ChexSystems Policy Explained
Ally Bank does use ChexSystems when reviewing new account applications. If your ChexSystems report shows negative information, it could affect your approval chances for a checking or savings account.
In addition, Ally Bank does not offer a second chance checking account, which means applicants with a negative banking record may have difficulty opening an account.
What to Do If You’ve Been Flagged by ChexSystems
Getting rejected for a new account can feel discouraging, but it’s not the end of the road. Many financial institutions don’t depend on ChexSystems or offer special second chance accounts for people rebuilding their financial profile.
These accounts typically include debit card access, direct deposit, and online banking features—giving you the tools to manage money responsibly while restoring your financial reputation.
Top Banks That Don’t Use ChexSystems
If Ally Bank’s ChexSystems policy prevents you from opening an account, consider these trusted alternatives that welcome customers with past banking issues.
SoFi
- Up to $300 sign-up bonus with direct deposit
- No minimum opening deposit
- Earn up to 3.60% 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.
