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 cash back that is deposited directly into your account.

You can open the BBVA Online Checking with a $25 minimum.

BBVA Online Checking Account details

  • No service fees. You won’t pay a monthly fee.
  • 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.

You can earn instant cash back on purchases from specific retailers, or in general categories like groceries, entertainment, utilities.

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 0.1%.
  • FDIC-Insured. All deposits into your Chime Account are FDIC insured up to $250,000 through our partner, The Bancorp Bank, Member FDIC.

3. Radius Bank

Rewards Checking offers cash back, free ATMs worldwide, early paycheck with direct deposit, plus you can earn interest on balances over $2,500. If you do not qualify for the Rewards Checking Account, you will be offered the Essential Checking Account designed to help people manage their money while offering a chance to rebuild their banking history. After 12 of positive banking history, you can upgrade to the Rewards Checking Account.

Rewards Checking Features

  • Get paid up to 2 days early with direct deposit.
  • Earn 1.00% cash back on signature-based purchases each month.
  • Minimum Opening Deposit – $100.
  • No monthly maintenance fees.
  • Free First Order of Checks.
  • No Radius ATM Fees – Radius will never charge you a fee for using another bank’s ATM.
  • Earns 0.20% APY on balances of $2,500-$99,999.99 or 0.15% APY on balances of $100,000 & up.
  • Live Chat & Phone avaialble Mon – Fri: 8:30 AM – 12:00 AM ET / Sat – Sun: 8:00 AM – 8:00 PM ET.

4. SoFi Money – Cash Management Account

The Cash Management Account is available online in ALL states. This account is designed for customers that enjoy earning interest (0.20% APY) on a regular checking account for any amount of balance, enjoy a digital experience that simplies checking your balance and signing up for additional banking products, plus no monthly fees. Plus you can earn $75 if you sign up for SoFi Money® and make two direct deposits of at least $500 each.

SoFi Cash Management Features

  • Open with $0 deposit.
  • 1.10% APY with no minimum balance.
  • No monthly fees, no overdraft fees.
  • Unlimited domestic ATM reimbursements.
  • Mobile check deposits.
  • Online bill pay – manage all of your bills within one dashboard.
  • Unlimited check writing.


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 — 0.01% APY.

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