If you’ve been denied a checking account because of a negative banking record, it can feel frustrating. ChexSystems is a consumer reporting agency that tracks unpaid overdrafts, account closures, and other banking issues. These records can stay on file for up to five years, making it harder to open new accounts during that time.
Knowing which banks use ChexSystems can help you find better options. Some financial institutions rely heavily on these reports, while others take a more flexible approach or skip ChexSystems entirely.
How ChexSystems Impacts Your Banking Choices
Around 80% of banks and credit unions in the U.S. use ChexSystems to evaluate new customers. If your record contains negative entries, such as unpaid fees or closed accounts, your application might be denied.
That said, not every bank relies on ChexSystems. Some offer more accessible checking accounts or second-chance programs designed to help customers rebuild their financial standing. These options can make it easier to get back into mainstream banking and manage your money with confidence.
Synovus Bank’s Application Process
Synovus Bank does not use ChexSystems when reviewing new account applications, which makes it a more accessible option than many traditional banks. However, they do pull your credit report from Equifax to review your overall financial history.
This means that while your ChexSystems record won’t affect your approval, your credit report may still play a role. If you have a clean credit report, Synovus could be a solid choice for opening a new checking account.
Banks That Don’t Use ChexSystems
If Synovus Bank doesn’t align with your financial goals, there are several other banks that skip ChexSystems entirely. These institutions offer straightforward checking accounts with quick approval and full online access.
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.
