If you are denied from getting a bank account, the reason is ChexSystems or Telecheck. Both of these entities function as the credit watchdogs of the banking world. Now they don’t look at your credit history in terms of your credit score, but they track your “banking” history. If you’ve messed up your banking history in the past in some way — be it owing the bank money or simply cashing a string of bounced checks, your name will likely have found itself on the ChexSystems list. And once on this list, it’s downright impossible to get it off.

Let’s skip to the chase here: what can you do to get a bank account? Well you pretty much have six options at this point:

1. Get a Second Chance Bank Account

2. Wait 5 years for your name to be dropped from ChexSystems.

3. Find a bank that doesn’t use ChexSystems or the less popular Telecheck.

4. Open an Internet Bank Account that’s designed for people who can’t open a physical bank account (called a Second Chance Account)

5. Get a prepaid visa card that works a lot like a virtual bank account, except you use a visa card

Option one is probably the best option out there out of them all. It’s also the cheapest one too. Basically, a second chance account is a bank account made for people who have their name in the ChexSystems database. Think of it as a “trial” bank account where you prove to the banking world that you can be a good banking client. After a period of time when you prove you are trustworthy, you may be eligible to open a normal bank account again. You can sign up and see the details of this program with the banner below:

Option two is the easiest: you just wait. If you can afford to be without a bank account for 5 years, simply wait that period. You should be able to open a bank account. Regrettably, most people will tell you this is not a practical option. That leaves you with opening a second chance bank account or using something like a prepaid credit card that replaces your bank account. You should consider at least getting a copy of your ChexSystems report. You can get it for free from their website.

Option three is a good one and the best solution. The problem comes when you try to find a non chexsystems bank. Frankly, these are pretty darn hard to find. You might find a few so called bank lists floating around on the web, but from what i’ve seen, these are all fake, outdated, or don’t work. And don’t let someone try and “sell” you one of these lists. It’s all crap. Still it is possible to get a bank account with a bank that does not use the chexsystems network. You might need to look for smaller, local banks or credit unions. Major bank chains like bank of america will certainly use chexsystems. But, you can’t use the web to find out if a bank uses chexsystems or not. You are going to have to pick up the phone and start calling — something a lot of people simply are too shy to do.

Option four is perhaps the best replacement for your bank account. A second chance internet bank account is basically like your regular bank account. You are given a debit/atm card just like a normal bank would and you can make all your normal ATM withdraws and deposits with that card. You can use a website interface to check your balance, make transfers, pay bills, etc. Basically, it’s a regular bank account except you don’t have a physical location. The drawbacks, and there are always drawbacks, is that these bank accounts are more expensive. You pay more in  transaction fees and some may have higher monthly fees. If you can afford the slightly higher costs, this is your best bet.

Option five is basically getting some kind of secured credit card that works like a bank. You pay for a prepaid visa card which holds a balance (just like you deposit money to your bank account and use a card to access that money).  You can add more money to your prepaid visa card account, just like you can add money to a bank account. Think of it as an alternative bank account, but one attached to a credit card. But once you have nothing on the card, you need to put more money one it — it’s not a credit card where you put a negative balance on it. These cards tend to be cheaper than second chance accounts — there are less fees associated with them.

So there we go: the four best ways to do no credit check banking after your name is added to the ChexSystems database.

What the information websites do for you is make your task easier by compiling a list of second chance bank accounts and how to contact them. Many times they will make your task still easier by walking you through the application process for a small fee. This fee compensates the company for their time and effort in finding you the account that suits your needs. They may ask for certain information that will help them locate a bank in your area that will be likely to approve your application.

Many traditional banks will run a credit check on you as well as use the Chexsystems monitoring service to see if you have any adverse banking history; if you do they will not open an account for you. You will remain on Chexsystems report for up to five years after which time the adverse history will be removed and you will once again be free to open a traditional bank account. But waiting for five years seems like a long time to not have some type of bank account where you can get direct deposit and write checks to pay your bills. Luckily there are no credit check bank accounts that are willing to work with you and your credit history to re-establish your banking history and get you going in the right direction once again. These banks are called non chexsystems banks.

These 2nd chance checking accounts give you some of the same privileges that you may have enjoyed at your former banking institution but without the risk of overdraft fees. If you do not have the money in your account, the purchase will be declined without charging you any excess fees. It will not allow you to use more money in your account than you have, and this is why many consumers find themselves in trouble with their traditional banks. The banking industry counts on you making overdrafts so they can charge a hefty fee in addition to the amount of the purchase; this is what is driving consumers to look at other options for their banking needs.

If you are looking for a bank that will allow you to make direct deposits from your payroll or government accounts, then a second chance bank account is what you need. The lists of these banks are out there and there are many banks to choose from. Some offer online services only, while many may be within your local community. It is a matter of finding them and once you have a list, you can choose the best banking establishment for your needs.

Most people assume that bad credit history stops you from being able to open a bank account. However, this is not true. People with bad credit history may find they have problems opening new bank accounts because they are struggling financially and have mishandled their bank account, resulting in a bad bank credit report being sent to ChexSystems or Telecheck.

How do you get reported to ChexSystems? Typically, if you repeatedly write bad checks, default on bank payments in some way, or consistently mismanage your bank account, there is a strong possibility you will be reported to ChexSystems. CheckSystems is sort of like the Equifax of the banking world. Like credit history, bad bank credit history will stay on your “bank record” for 5 years.

This can leave people who need to open a new bank account with bad credit in a tricky situation. These days, it’s virtually impossible to actually to function in society with a bank account, and not being able to open one can cause a lot of problems.

However, there is hope. A second chance bank account can be opened by someone who is on the ChexSystems list. These are no CheckSystems check accounts. This means your previous banking history is not taken into account.

2^nd chance banking offers you most of the common banking features such as an account number, routing number, and debit card. Most second chance bank accounts don’t initially allow the cashing of checks, but if your account is in good standing after a certain period of time, checking may be added to your second chance bank account. Keep in mind that this may very depending on the company offering the second chance checking account – some bank companies may throw in checking right from the start.

How to open a second chance bank account for bad credit? The best way is to look around on the internet to see what sort of second chance banking you can find. There are many online (reliable) bank companies that will offer you a second chance account. You should examine as many of the offers as possible to find the best deal. It’s important that you do this comparison shopping because not all the terms from company to company will be the same – you can get better second chance checking options with some companies over other companies.

So if you can’t open a bank account with bad credit, a second chance banking is the solution you need. One advantage to having such account is that in time you will be able to use the second chance account to “repair” your banking credit score and open a regular account.

There is one other option you might want to pursue as well. You can seek out non chexsystems banks — that is, banks that don’t incorporate ChexSystems into their banking structure. These days it’s harder to find a bank that doesn’t incorporate this, but it’s worth your time and effort if you don’t want to pursue Second Chance Banking or wait the standard 5 years to be dropped from the ChexSystems database.

People who have had financial problems and mishandled their bank account in some way, such as cashing bad checks, defaulting on bank payments, and overdrawing their account are reported to ChexSystems. ChexSystems is the banking version of Equifax. Those who are listed in ChexSystems will be unable to open a bank account with any of the major banks.

If you want to cut to the chase on how to open a second chance account so you can a bank account without ChexSystems:

Click Here to Open a Second Chance Checking Account

This can naturally cause a person a lot of trouble because it’s very difficult to function in today’s society without having a bank account. Fortunately, there is a solution for those who cannot open a bank account through a traditional bank. A second chance bank account is a bank account that does not require a ChexSystems credit check. This mean you can open a checking account without worry of the banking institution looking at your previous banking history.

A 2^nd chance bank account for bad credit offers you everything a standard bank account offers. You get a routing number, bank account number, and a second chance debit card. You can also conduct transaction online just like a regular bank account. You may not be able to cash checks initially, but after a certain probationary period you may be given checking functionality on your account. Some banking institutions will offer checking with second chance checking, however. There are other second chance checking account options out there that you can add on to your bank account as well. It’s best to do a comparison of what each second chance bank lender offers you in terms of features.

The best way to get a 2nd chance banking is to apply online to one of the many online second chance bank account companies. There are a quite a few of these out there to choose from. You should look at every offer you see online and compare them. Not all banking institutions will offer the same deal, so it’s worth comparing. You can often get some extra banking perks by doing so.

Second chance banking is a good way for you to fix up your bank credit. If you can keep your second chance bank account in good standing, you can qualify for a regular bank account in the future. Bad credit bank accounts are simply bank accounts that are sort of like probationary accounts for you to prove you can be trusted with regular credit cards. A checking account for people with bad credit is important because it gives those people who have made financial mistakes in the past a “second chance.”

If this is your experience, you will need to seek out a bank with second chance checking. Banks that offer second chance checking don’t check your banking credit score. A banking credit score is a score given out by ChexSystems – a sort of credit agency for banking institutions. If you name shows up in the ChexSystems, you have been doing something very wrong, according to the banks.

This means that you are not a good banking customer and if your name comes up in a ChexSystems search, you will be unable to open a bank account anywhere. Now, since there are so many people with bad credit who want to open a bank account, a solution has been created.

That solution comes from second chance checking banks. Second chance checking banks offer checking accounts for people with bad credit. These are essentially bank accounts for bad credit; that is there is no ChexSystems credit check required when you open this type of bank account.

Now, with all the benefits that a second chance account brings, there are some disadvantages too. 2nd chance checking accounts are more expensive than regular bank accounts. You will have to pay extra somewhere – either with more expensive bank fees or some sort of annual fee. Keep in mind this will change from bank to bank, so there is room for cheaper prices between vendors.

So where to find a 2^nd chance bank? Most second chance checking banks are online banks. So you can start your search online.

Keep in mind that a second chance bank account will have all the functionality of a regular bank account – checking account number, routing number, debit card, online transactions, cashing checks, etc.

When you are shopping around for a 2nd chance bank account, you will want to make sure you compare offers between vendors. By looking at as many checking accounts for bad credit offers, you will be able to select the best deal. Remember that there is no set standard on the prices you are expected to pay or the features thrown in. Many online banks will be eager for your businesses so don’t rush into anything too quick, take your time and explore the different offers and do plenty of research before selecting second chance checking banks.