Second Chance Checking Accounts in New Mexico

SoFi’s Checking and Savings account is designed to help you keep more of your money. There are no monthly maintenance fees, no overdraft fees, and no minimums to worry about.

Set up direct deposit, and you can unlock a sign-up bonus of up to $400, plus earn a competitive 3.30% APY on your savings. Checking accounts earn 0.50% APY as well.

You’ll also have access to over 55,000 fee-free ATMs and the ability to get paid up to two days early with direct deposit.

Current gives you a simple way to open a checking account without ChexSystems or credit checks. You can start building credit by using your debit card for everyday purchases, with no loans, hard inquiries, or interest involved.

There’s no minimum balance to maintain, no hidden fees, and access to thousands of fee-free ATMs across the U.S.

Current’s Premium account also includes early direct deposit and Savings Pods that earn up to 4.00% APY, helping your money grow without sacrificing flexibility.

Chime makes it easy to open a checking account, even if your banking history isn’t perfect. There are no monthly fees, no foreign transaction charges, and no minimum balance required.

You can also boost your credit with the Chime Credit Builder Visa®. It’s a secured card with no credit check, no annual fee, and no interest charges.

Chime gives you access to over 47,000 fee-free ATMs, early direct deposit, and cash deposit options at more than 8,500 Walgreens locations.

Stash offers a checking account with no ChexSystems review or credit check. This makes it accessible if you’ve had trouble opening accounts in the past.

Each time you use the Stash debit card, you earn Stock-Back® rewards in the form of small pieces of stock from the brands where you spend.

You can also receive your paycheck early through direct deposit. The account has no overdraft fees.

Everything is managed through the Stash mobile app, which also includes investing and budgeting tools.

The account requires a $50 deposit to open and includes a $14.95 monthly fee, reduced to $9.95 with at least $300 in direct deposits.

It comes with a free Visa debit card, mobile and online banking, access to over 24,000 ATMs, and one overdraft fee refund per year. You can opt for free e-statements or pay $1.50 per month for paper statements.

Bank of Albuquerque has locations in Albuquerque, Los Lunas, Rio Rancho, and Santa Fe.

It comes with a few restrictions but gives you a real path back into banking, with the essentials you need to manage your money day to day.

It takes a $50 deposit to open and has a $10 monthly fee. The account includes free e-statements, online and mobile banking, and bill pay, with 50 free transactions each month and a $0.20 charge for any beyond that.

After 12 months of responsible use, you can upgrade to a different checking account.

You will need to become a member first, then you can apply at the Tse Bonito branch in New Mexico.

The account works on a 12-month Launch Period with a $10 monthly fee. Complete that period in good standing and the monthly fee goes away, you gain access to courtesy pay and shared branching, and the account converts into a Simple Checking account.

Along the way you get a free Visa debit card, free online and mobile banking, and free e-statements, with paper statements available for $1 a month.

Guadalupe is a community-focused credit union serving northern New Mexico, with branches in El Prado, Española, Las Vegas, Mora, and Santa Fe. You open the account by talking with a representative.

As the only locally owned bank in Lea County, it pairs the account with the kind of personal, hometown service that can make getting back on track easier.

It takes a $100 deposit to open and has a flat $10 monthly fee. The account comes with unlimited check writing, mobile and online banking, bill pay, and free e-statements, with paper statements available for $5 a month.

The bank also offers video banking and interactive teller machines for added convenience.

Lea County State Bank is headquartered in Hobbs and has branches in Hobbs and Lovington, New Mexico.

It gives you a clean way to get started again and build toward a standard account.

The account is genuinely low-cost: no minimum opening deposit, no monthly maintenance fee, and no overdraft or NSF fees, since standard overdraft coverage is not available and your spending stays tied to your balance.

It’s a checkless account with a free Visa debit card, debit rewards, free online and mobile banking, and access to nearly 30,000 fee-free ATMs. Rio Grande also accepts alternative IDs such as an ITIN or Matricula card.

After 12 consecutive months of use, your account can be reviewed and upgraded to a standard Roadrunner or Zia checking account. Rio Grande Credit Union has branches in Albuquerque and Rio Rancho, New Mexico.

The account requires no credit check, has a $3 monthly fee, and includes a free debit card with access to over 30,000 surcharge-free ATMs.

You’ll also get mobile and online banking, Zelle, bill pay, and early direct deposit. There are no overdraft fees with this account.

US Eagle Federal has branches in Albuquerque, Bernalillo, Farmington, and Santa Fe.

It requires a $25 opening deposit and has a $5 monthly fee, waived for account holders aged 13 to 24.

The account includes mobile banking, bill pay, and free access to over 13,000 ATMs nationwide.

Wells Fargo has branches across New Mexico in cities including Alamogordo, Albuquerque, Anthony, Artesia, Carlsbad, Farmington, Las Cruces, Las Vegas, Roswell, and Santa Fe.