2nd Chance Banks

There are several nationwide banks that either offer second chance checking accounts or other similar checking accounts for customers that have difficulty opening a new checking account due to Chexsystems, bad credit, or other past banking issues.


BBVA Compass offers a second chance checking account that includes a Visa Check Card and no charge to use ATMs at any of their 1000 ATM locations.

Account Details

  • $25 Minimum Opening Deposit
  • $13.95 per month service fee


Key Bank Available to those who are listed on Chexsystems, Key Access provides an alternative to regular checking account

Account Details

  • $10 Minimum Opening Deposit
  • No monthly maintenance fee $200 in transactions or 2 or more transactions within a statement cycle


Wells Fargo – “Opportunity Package” is designed for those who have been unable to open a checking account due to credit problems or past banking history.

Account Details

  • $100 minimum opening deposit
  • $10 Monthly service fee – (Fee waived if minimum balance is over $1000 or with qualifying direct deposit)


Woodforest Bank second chance account is designed for people that have had banking problems in the past.

Account Details

  • $25 minimum opening Deposit
  • $9 Set up Fee
  • $7.95 per month fee with direct deposit – $9.95 per month without direct deposit.