If you’ve had trouble opening a checking account because of past banking issues, you’re not alone. Many banks rely on ChexSystems — a consumer reporting agency that tracks overdrafts, unpaid fees, and accounts that were closed with a balance. These records can stay on file for up to five years, often causing new applications to be denied.
Knowing whether a bank uses ChexSystems can save you time and frustration before applying for an account. Some banks review your record carefully, while others skip it altogether, giving you a fair chance to rebuild your banking access.
How ChexSystems Affects Account Approvals
Roughly 80% of banks and credit unions in the U.S. use ChexSystems to decide whether to approve new customers. If your record shows unpaid fees or closed accounts, it may trigger an automatic rejection — even if those issues happened years ago.
This system can make it difficult to open a new checking account, but it doesn’t have to stop you completely. A growing number of financial institutions offer checking options that don’t rely on ChexSystems, helping people regain access to basic banking services.
Quontic Bank’s ChexSystems Policy
Quontic Bank does use ChexSystems when reviewing checking account applications. If your record includes negative activity such as unpaid fees or multiple overdrafts, your application may not be approved.
While that can be frustrating, it’s not the end of the road. Quontic Bank offers modern, tech-driven products like High-Interest Checking and Savings accounts, but for applicants with a negative ChexSystems record, approval might be difficult. Fortunately, several other banks are more flexible.
Best Banks That Don’t Use ChexSystems
If you want a checking account without the stress of a ChexSystems review, these alternatives offer easy approval and strong digital banking features.
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.
