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Online Checking Account No ChexSystems: Digital Accounts To Open Instantly


With an online checking account – no ChexSystems, unbanked consumers looking to conduct financial transactions through a bank can open a new account.

With access to online and digital banking, there's no reason for U.S. consumers to be unbanked. If a negative banking history is prohibiting the unbanked from opening a new bank account, there are many banks that don't use ChexSystems.

Wasting money on fees for checking cashing or prepaid debit cards is no longer necessary.

It’s become clear that consumers enjoy smart, safe and convenient ways to bank. Digital banking can be a means by which consumers without a bank association can begin to bank again. Digital banking is not just apps and sites, it's full-service banking that offers customers the best of both worlds.

Benefit from new technology to open an online checking account – no ChexSystems. A ChexSystems record, paid or unpaid, can remain up to 5 years and millions of people are unbanked because they have been flagged as high risk.

An online checking account – no ChexSystems may actually help unbanked consumers manage finances better.  With instant alerts and updates it's easier to keep up with transactions and avoid mishaps that may land consumers in ChexSystems.

Online Checking Account No ChexSystems

1. BBVA Online Checking 

BBVA utilizes EWS to screen new customers. Online checking accounts are available to consumers in ALL States except Alaska and Hawaii. BBVA Bank branches can be found in Alabama, Arizona, California, Colorado, Florida, New Mexico and Texas.

BBVA Online Checking account’s most popular feature is the rewards program. With the Simple Cash BackSM rewards program you can search for different deals that offer cashback that is deposited directly into your account.

BBVA Online Checking Account details

  • Opening deposit. $25 minimum opening deposit.
  • No monthly Service Charge. You won’t pay a monthly service charge.
  • Deposit checks online. Mobile Check Deposit for any members who are enrolled in direct deposit with their Chime Spending Accounts.
  • Opening Deposit. Open the checking account with as little as $25.
  • Unlimited check writing. There is still a population of people who write checks for things like mortgage, groceries, rent, utilities and other bills.
  • Large ATM Network. No ATM fees nationwide at more than 64,000 AllPoint, participating 7-Eleven and BBVA USA ATMs.
  • BBVA Wallet. The BBVA Wallet app manages your payment cards and provides convenient access to them when you need it.
  • ClearBenefits program. This optional program offers roadside assistance, identity theft protection and cell phone protection.
  • FDIC-Insured. Deposits are FDIC insured up to $250,000.

2. Chime Spending Account

Online-Checking-Account-No-ChexSystemsAnyone can open a Chime Spending Account. Chime customers get a Chime Visa® Debit Card, a spending account, and an optional savings account.

Chime’s most popular feature is early direct deposit. Customers with direct deposit can get paid up to 2 days early. Customers enjoy free online checking account – no opening deposit and no overdraft fees.

Enroll in Chime’s automatic savings program so that every time you make a purchase or pay a bill with your Chime Visa® debit card, you’ll be adding to your savings account. Chime automatically rounds up transactions to the nearest dollar and transfers the difference into your savings account.

Chime spending account details

  • No service fees. You won’t pay a monthly fee.
  • No overdraft fees. Any purchases that would bring your balance below zero would just be denied..
  • Get paid early. Set up Direct Deposit and receive your paycheck up to 2 days earlier than your co-workers.
  • Deposit checks online. Mobile Check Deposit for any members who are enrolled in direct deposit with their Chime Spending Accounts.
  • No deposit required. Open a Chime spending account with $0 dollars.
  • Optional savings account. Save money automatically every time you make a purchase or pay a bill with your Chime Visa® Debit Card. Chime rounds up transactions to the nearest dollar and transfers the round-up from your spending account into your savings account but don't expect to earn a high-interest rate. Chime's savings rate is currently 1.00%.
  • FDIC-Insured. All deposits into your Chime Account are FDIC insured up to $250,000 through our partner, The Bancorp Bank, Member FDIC.

3. Acorns Spend Account

Acorns Spend Account is the first checking account with a debit card that saves, invests, and earns for you. Acorns is designed to get you saving on an automatic basis.

With the Acorns Spend Account customers enjoy no monthly or overdraft fees, a debit card, and free ATM access nationwide. Acorn customers benefit from the automatic savings and investing feature where purchases made using your debit card are rounded up to the nearest dollar with the excess change being invested. There is a $3 monthly fee for the Acorns Spend Account but the unlimited ATM fee rebates will more than compensate for the monthly fee. Plus, the debit card is made with an impressive heavy metal, just like premium credit cards.

Acorns Spend Account Features

  • No minimum balance fees. You don’t have to fund an Acorns Spend account to open
  • No overdraft fees
  • Unlimited free or fee-reimbursed ATM withdrawals nationwide
  • Rounds up your purchases and invests the spare change for you
  • Digital direct deposit and mobile check deposit and check sending
  • Free bank-to-bank transfers
  • Automated bill pay
  • FDIC-protected checking account up to $250,000 plus fraud protection

A few things to consider

Overall Chime Spending Account offers anyone unable to open a bank account due to ChexSystems, EWS, or bad credit a second chance at banking. However, there are a few things to consider with an online checking account – no ChexSystems:

  • Wire transfers. Chime does not currently allow wire transfers.
  • Paper statement fee. You’ll be charged $3 per paper statement if you decide not to get your statements online.
  • Bank transfers to Chime accounts. You can link an external bank account you own to your Chime spending account. But Chime only supports a handful of major banks for this transfer service, i.e. Bank of America, Chase, Wells Fargo, Citi, US Bank, USAA.
  • No check writing. Chime members do not get a checkbook. However, Chime will draft a check on your behalf and send it anywhere in the United States. Checks typically take 3-9 business days to arrive.
  • Low-interest rate. When you’re looking for a savings account, you generally want the highest interest rate possible. Unfortunately, Chime is at the bottom end of the spectrum — 0.50% APY.

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