Second Chance Checking Accounts in Vermont

Andrew Collins

Getting approved for a checking account in Vermont can be harder when your banking history includes unpaid fees, overdrafts, or closed accounts. Banks and credit unions may review ChexSystems or similar reports, which can make past account problems harder to leave behind.

Second chance checking accounts give you a more flexible way to rebuild. Several Vermont banks and credit unions offer these accounts to help you regain access to everyday banking and work toward a stronger financial record.

6 Banks & Credit Unions Offering Second Chance Bank Accounts in Vermont

Below you’ll find second chance checking accounts available in Vermont for people looking to recover from past banking challenges.

You can also review banks that don’t use ChexSystems in Vermont for another possible path to a new checking account.

SoFi

Our Top Pick
SoFi
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Features & Benefits

  • Earn up to $400 with qualifying direct deposit
  • No monthly fees or minimum balance requirements
  • Up to 3.30% APY on savings balances
  • Access to 55,000+ fee-free ATMs

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.

Apply online →

Current

Current
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Features & Benefits

  • Build credit automatically with your debit card activity
  • No monthly fees or minimum deposit required
  • Over 40,000 Allpoint ATMs nationwide
  • Early direct deposit lets you get paid up to 2 days sooner

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.

Apply online →

Chime

Chime
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Features & Benefits

  • No ChexSystems checks or credit pull
  • Open an account with no minimum deposit
  • Access over 47,000 fee-free ATMs nationwide
  • Optional secured credit card to help build credit

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.

Apply online →

Stash

Stash
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Features & Benefits

  • No hidden fees
  • Earn stock as you spend with Stock-Back® rewards
  • Get paid up to two days early with direct deposit
  • 55,000+ fee-free ATMs through Allpoint®

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.

Apply online →

NorthCountry Federal Credit Union

NorthCountry Federal Credit Union
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NorthCountry Federal Credit Union provides Pathways Checking+, a second chance option designed for those looking to recover from past banking challenges.

The account does not use ChexSystems, making it accessible to individuals with negative marks on their banking record.

Pathways Checking+ includes no monthly fees and access to over 30,000 fee-free ATMs through the CO-OP network.

As part of NorthCountry’s three-step process, you’ll open a Pathways Checking+ account with direct deposit, maintain a healthy balance for two months, and then apply for a small loan.

After six months of on-time payments, you may qualify for a NorthCountry credit card.

Branch locations include Barre, Berlin, Burlington, Colchester, East Montpelier, Montpelier, Morrisville, Newport, Richford, and South Burlington.

Apply online →

Walmart MoneyCard

Walmart MoneyCard
LetMeBank’s rating
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The Walmart MoneyCard is a prepaid debit card that works much like a checking account, with no ChexSystems check to open. That makes it accessible if past banking problems have kept you out of a traditional account.

Cardholders earn cash back on everyday spending: 3% at Walmart.com, 2% at Walmart fuel stations, and 1% in stores, capped at $75 per year.

The card also offers up to $200 in overdraft protection once you set up direct deposit and opt in, which most prepaid cards don’t provide.

With ASAP Direct Deposit, you can get paid up to two days early, including paychecks and government benefits. Savers earn 2.00% APY on savings, plus entries into monthly cash prize drawings.

There’s a $5.94 monthly fee, waived when you receive at least $500 in direct deposits the previous month. Since it’s available nationwide, Vermont residents can open one from anywhere in the state.

Apply online →

Second Chance Banks by State

Choose your state from the list below to find second chance checking accounts and see what options are available near you.

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