Does GO2bank Use ChexSystems?

Have you been blacklisted by ChexSystems?

If so, you’re probably wondering how you can open a checking or savings account.

Have you been turned down for a checking account as a result of a negative banking history? If so, it’s important to understand your options and explore alternative banking solutions that can accommodate your needs.

An account in ChexSystems can remain active for up to five years. And unfortunately, about 80% of all banks and credit unions in the U.S. use ChexSystems.

However, there are some banks that don’t use ChexSystems. Additionally, some banks offer “second chance” accounts for people who have been denied elsewhere.

GO2bank

If you’re considering opening a GO2bank checking account, you might be asking yourself, “does GO2bank use ChexSystems?”

The answer is, no, they don’t.

However, it’s worth noting that GO2bank isn’t the only option out there. A number of other banks and credit unions also choose not to use ChexSystems. Here are three excellent alternatives to consider:

Best Banks That Don’t Use ChexSystems

U.S. Bank

U.S. Bank
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  • Up to $1,000 Bonus
  • $25 minimum opening deposit
  • Monthly service fee can be waived
  • No ATM transaction fees at U.S. Bank ATMs and no surcharge fees at MoneyPass® Network ATMs

U.S. Bank is currently welcoming new applicants in 26 U.S. states with a special online offering:

  • Earn up to $1,000 when you open a new U.S. Bank Smartly® Checking account and a Standard Savings account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through October 31, 2023. Member FDIC.
  • Applicant must reside in AZ, AR, CA, CO, ID, IL, IN, IA, KS, KY, MN, MO, MT, NE, NV, NM, NC, ND, OH, OR, SD, TN, UT, WA, WI, WY to be eligible for Checking account.

The account includes a complimentary debit card that can be locked or unlocked if ever misplaced or stolen. There are no ATM transaction fees at U.S. Bank ATMs and no surcharge fees at over 40,000 MoneyPass Network ATMs.

The checking account requires a $25 opening deposit and a $6.95 monthly fee. This fee can be waived for those 24 and under, 65 and over, or military members.

Additionally, the fee can be waived with monthly deposits of $1,000+, an average balance of $1,500+, or holding an eligible U.S. Bank credit card. Qualifying for any Smart Rewards™ tier (Primary, Plus, Premium, or Pinnacle) also waives the fee.

Chime

Chime
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  • No credit check or ChexSystems
  • No minimum opening deposit or monthly service fee
  • Over 60,000+ fee-free1 ATMs
  • Get paid up to 2 days early with direct deposit2
  • Available in all 50 states

With Chime®, a bad credit score is no longer a deal-breaker. They offer an award-winning mobile bank account and debit card with no credit check.

There are no overdraft fees, no monthly maintenance charges, no foreign transaction fees, and no minimum balance fees—ever.

They offer over 60,000 surcharge fee-free1 ATMs. Plus, you can get your paycheck up to 2 days earlier with direct deposit2. Chime is one of the best second chance banking options available.

SoFi

SoFi
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  • Up to $250 sign-up bonus with direct deposit
  • No minimum opening deposit
  • Earn up to 4.50% APY
  • Over 55,000 fee-free ATMs
  • Early pay with direct deposit

The SoFi Checking and Savings account ensures a hassle-free experience with no overdraft fees, minimum balance fees, or monthly fees.

For a limited period, SoFi is offering a rewarding bonus of up to $250 to customers who make qualifying direct deposits. Plus, enjoy access to over 55,000 Allpoint® Network ATMs courtesy of SoFi.

You can also enjoy the convenience of receiving your paycheck up to 2 days in advance with SoFi’s early direct deposit feature.

One of the defining features of SoFi is its impressive annual percentage yield (APY) – a hefty 4.50% on savings and 0.50% on checking balances, all tied to direct deposits. There’s no need for a minimum direct deposit amount to enjoy these rates.

In addition, SoFi debit card users can earn up to 15% cash back at local establishments, providing an extra incentive to make use of SoFi’s comprehensive banking services.

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

1. Out-of-network ATM withdrawal fees may apply with Chime except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM.

2. Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. Chime 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.

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