20 Checking Accounts for Bad Credit for 2022


Would you like to open a checking account, but you’re worried that your bad credit and past banking history might get in the way? With these issues, it can be difficult to open a new bank account.


Best Checking Account for Bad Credit of 2022

The good news is that bad credit checking accounts can help you get back to banking, no matter how damaged your banking history has become. We’ve provided a comprehensive look at twenty of the best checking accounts for bad credit.

Best Checking Accounts for Bad Credit of 2022

There are plenty of banks and credit unions that don’t use ChexSystems to choose from, all of which offer different features and benefits regardless of your banking history.

1. 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

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2. Current

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  • No credit check or ChexSystems
  • No minimum opening deposit or maintenance fees
  • Get paid up to 2 days faster
  • Overdraft up to $200 without any overdraft fees

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3. Chase

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  • No credit check or ChexSystems
  • $100 bonus after 10 purchases in 60 days
  • Over 16,000 fee-free ATMs
  • $4.95 monthly fee

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4. Axos Bank

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  • No credit check
  • No monthly service fees
  • 100% reimbursement of ATM fees
  • No overdraft fees

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5. Aspiration

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  • Unlimited fee-free withdrawals at over 55,000 ATMs
  • Minimum opening deposit is $10
  • Deposits are FDIC insured up to $2 million
  • Get paid up to two days early

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1. Chime

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

You can open a Chime Checking Account online with no monthly fees. And by that, we mean no overdraft fees, no monthly maintenance fees, no foreign transaction fees, and no minimum balance fees—ever.

Chime also offers a new way to build your credit with the Chime Credit Builder Secured Visa® Credit Card7. It’s a secured credit card with no annual fees, no credit checks, and no interest1 charges.

They offer over 60,000 fee-free1 MoneyPass® and Visa® Plus Alliance ATMs. Plus, you can get your paycheck up to 2 days earlier with direct deposit. You can also deposit cash for free at over 8,500 Walgreens.

Chime is definitely the best option on this list.

2. Current

Current is one of the fastest-growing mobile banking solutions in the U.S., with over one million members. However, Current is a financial technology company, not a bank. Most importantly, Current does not use ChexSystems or pull your credit report.

Some features of the Current mobile banking account include fee-free overdraft protection of up to $100, 40,000 fee-free Allpoint ATMs, and no minimum balance or hidden fees.

You can also get paid up to two days early with direct deposit and earn up to 15x points, and get cashback.

3. Chase

Chase is one of the most popular banks in the U.S. And now, they offer an account called Chase Secure Banking with no credit check, no ChexSystems, and no overdraft fees.

Account holders also get access to over 16,000 fee-free ATMs, free online bill pay, and free money orders and cashier’s checks. With 4,700 locations across the country, this is an excellent option for anyone who prefers having access to physical branches.

Opening a Chase Secure Banking account comes with a $100 cash bonus when you use the card for 10 purchases within 60 days. Account approval is immediate and you’ll receive your debit card within days. There is a small monthly service fee of $4.95; however, there is no minimum opening deposit to get started.

4. Axos Bank

The Axos Bank Rewards Checking account comes with no monthly maintenance fees, unlimited reimbursements of ATM fees in the US, and competitive cash back rewards.

There are no overdraft fees with this checking account. You also get unlimited free mobile deposits and your funds are FDIC insured up to $250,000.

There is a minimum deposit of $50 to open the account, but after that, there are no minimum balance requirements.

If you are looking for a checking account with no fees, Axos Bank is a strong choice.

5. Aspiration

With the Aspiration Spend & Save account, you can have both a regular checking account and a savings account which could earn up to 5% APY. Aspiration also offers unlimited fee-free withdrawals at over 55,000 ATMs. The minimum opening deposit is $10. Deposits are FDIC insured and you can get paid up to two days early.

The Aspiration debit card is made from recycled plastic. Deposits are 100% fossil fuel-free. And they even give you the option to plant a tree with every card swipe.

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What is a Checking Account for Bad Credit?

Some banks market services that are specific to consumers with thin or damaged credit history. One of these types of services are bad credit checking accounts. These checking accounts are usually easy to open, with minimum fees and most importantly, no credit checks or ChexSystems reports.

A bad credit score can severely impact your financial life. However, taking the time to find a bad credit checking account that fits your needs is a great way to start improving your credit report. Whether you’re considering a bank that doesn’t run ChexSystems reports, or a second chance bank account, you’ll find a wealth of information below.

What is ChexSystems?

ChexSystems is a financial reporting agency that collects user data from banks and credit unions. One of the things this data is used for is to create consumer reports that financial institutions can use to screen customers.

When attempting to open a new bank account, most financial institutions will pull your ChexSystems report. Your ChexSystems report will show your past banking history including overdrafts, bad checks, check fraud, negative balances, or excessive withdrawals.

If you’ve had any of these issues in the past five years, it will most likely be on your ChexSystems record. Fortunately, there are several reputable banks that don’t use ChexSystems or run a credit check to qualify customers. There are also numerous banks that offer second chance checking accounts for people with bad credit.

Can you really open a checking account with no credit check?

Opening a no credit check bank account is easier than ever, with plenty of reliable banking services to choose from. There are two types of checking accounts for people with bad credit: banks that don’t use ChexSystems and second chance checking accounts.

Banks that Don’t Use ChexSystems

These banks simply don’t pull your ChexSystems credit report. The no-credit-check bank accounts they offer for people with bad credit have the same features as bank accounts offered to everyone else.

Second Chance Checking Accounts

Second chance banks may do a credit check or use ChexSystems, but they’re willing to give you a second chance regardless of your banking history. Second chance bank accounts usually come with a monthly maintenance fee.

The best second chance checking accounts still have some of the same features as ChexSystems banks and credit unions, such as overdraft protection, online banking, and bill pay.

With both accounts, you should also be able to upgrade to a standard checking account once you have a positive banking history.

What to Look for in a Checking Account for Bad Credit

When searching for the best checking accounts for bad credit, you’ll find many options to choose from. For that reason, it can be helpful to know what features are generally available, and which ones are most important to you.

Here’s a list of some of the most significant details you might want to keep in mind when looking at bank accounts for bad credit.

  • No ChexSystems or Second Chance accounts
  • Minimum opening deposit requirements
  • Minimum balance requirement
  • Monthly maintenance fees & miscellaneous account fees
  • Card options such as debit card, secured cards, prepaid debit cards, etc.
  • Spending limits on debit card purchases
  • Cashback rewards
  • Fees for cash withdrawals
  • Mobile banking options

Bottom Line

Having poor credit doesn’t mean you can’t get a bank account. But, it does mean that your selection will be somewhat limited. We also show you how to clear your name and remove yourself from ChexSystems so that you can get a bank account anywhere.

It may take some time to get your name removed. Meanwhile, some of the banks we’ve listed above are just as good, if not better, than any account on the market right now. So, it’s a good idea to start with one of those.

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.

7. To apply for Credit Builder, you must have received a single qualifying direct deposit of $200 or more to your Checking Account. The qualifying direct deposit must be from your employer, payroll provider, gig economy payer, or benefits payer by Automated Clearing House (ACH) deposit OR Original Credit Transaction (OCT). Bank ACH transfers, Pay Anyone transfers, verification or trial deposits from financial institutions, peer to peer transfers from services such as PayPal, Cash App, or Venmo, mobile check deposits, cash loads or deposits, one-time direct deposits, such as tax refunds and other similar transactions, and any deposit to which Chime deems to not be a qualifying direct deposit are not qualifying direct deposits.

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