BBVA Compass Free Checking
Guaranteed Approval
If you are in search of a ChexSystems-friendly checking account, BBVA Compass Free Checking is our top recommended choice. You can open this account with a minimum deposit of just $25, and rest easy knowing there is no monthly service charge. There are no ATM withdrawal fees, and you get your own personalized Visa debit card.
Unlike other banks, BBVA does not use ChexSystems or TeleCheck to verify new customers. Anyone can open an account!
Technically, both a regular version of this account and a second chance version are offered. Depending on your credit history, you may be approved for the regular account.
If you are denied a regular account, you will be offered the second chance banking account. This account includes all the same features as the regular account for a low monthly fee of $13.95. After you have developed a relationship with the bank, you may be re-evaluated later for the regular account. From that point on, you can bank fee-free.
- No monthly charges
- Easy, convenient online banking
- Free VISA Debit Card
- Mobile check deposit
- Free bill pay
- Free ATMs
The following banks and credit unions offer excellent features and benefits. While we recommend them, they are not our top picks for the simple reason that they are not guaranteed banks. They have however helped a lot of people, and may be able to help you too.
HomeStreet Bank
They do sometimes open accounts for those reported to ChexSystems depending on the severity of the report.
First Convenience Bank
The approval or decline of a new account is based on the customer’s history with their banking institution and is at the discretion of the banking branch location where you choose to bank.
Altier Credit Union
Altier Credit Union uses Experian to verify new customers.
Conchise Credit Union
They do not use TeleCheck, EWS, or a credit report.