Is there any way to open a checking account online with no deposit? Yes, there is! Some banks won’t work with people who have very little money, but according to the FDIC, 93% of all Americans have a checking account. It’s almost a necessity for doing business in today’s world. Some employers refuse to issue a paper check, insisting on electronic deposits. Many services demand that their payments be scheduled via bank draft. And you can’t have a debit card without a bank account. But, with many banks, you have to have hundreds of dollars to open an account, and that is just not always possible! That’s why you need to find a bank online that will let you have a checking account with no deposit.

Credit Checks

Altra Federal Credit Union's free checking account includes no minimum balance and no monthly fee, free debit card, online banking and bill pay, mobile banking, access to 30,000 surcharge-free ATMs. No limits on check writing; Unlimited transactions; How do I avoid fees? This is a fee-free checking account with no monthly service charge. Overdraft Protection. Check Reserve Advance funds from a line of credit attached to your account. Personal Savings Transfer funds between savings and checking accounts.

Open a credit union account at Mission Fed. All of our accounts offer a Platinum Debit Card with no monthly service fee, access to 30,000 surcharge-free ATMs including at many 7-Eleven Stores, 24/7 access via Online Banking and Mobile Banking, Mobile Deposit and Online Bill Pay with our free Mission Fed Mobile Banking apps, access to customer service via phone, secure messaging and Webchat. Banking customers in select states have access to BBVA Free Checking. Similar to BBVA’s Online Checking account, Free Checking accounts have no monthly service fees and only require a $25 deposit to open. There’s no charge for paper or online statements, and an account comes with unlimited check. The good news is that you can still open a free online bank account with no credit check, no monthly fees, or minimum balance requirements. CheckingExpert has helped thousands of people just like you.

Did you know that banks report to credit agencies? They do, and they have one in particular that they use to communicate with other banks: ChexSystems. ChexSystems is the credit reporting agency used by most banks to keep record of your checking account’s activity. For example, if you have frequent insufficient funds, your bank will report you. If you have frequent overdrafts, your bank will report you. Even if you just have trouble maintaining a minimum balance, your bank will report you. They can ruin your credit ranking just based on your behavior with your checking account.

ChexSystems keeps your banking records for 5 years. That is a long time to have something on your record that could affect whether or not you can get a checking account. About 15% of people who apply for a checking account are denied because of their reports filed with ChexSystems.

But it doesn’t stop with ChexSystems. Many banks will check your credit report. They may deny you a checking account if you have a low credit score. And, all of this when you just need someplace to deposit your paycheck!

If you have a history of problems with your checking account, don’t give up. There are many options that will let you open a checking account with no deposit. Furthermore, there are several banks that don’t even use ChexSystems. You just need to find those free checking account with no deposit and not credit check or second-chance checking accounts.

Free Checking Account No Credit Check No Deposit

Sometimes your brick-and-mortar bank will have checking accounts with no fees, but it’s not very common. Most online checking accounts, though, are great about low cost, no fee services. Here are some of the banks that offer free checking accounts with no credit check and no deposit:

• Chime Checking
• GoBank
• Independent Bank
• BankMobile
• TD Ameritrade
• Axiom Bank

LEARN MORE>> The guide to open a free online checking account with no deposit

Second Chance Banking

Some banks will offer second-chance account services. You could find these services at your local bank or at an online bank (as some of the banks mentioned in the last section). In any case, you should look for accounts that offer the following features:

• No monthly service fee
• No minimum deposit
• No minimum balance
• Low-cost optional overdraft protection
• ATM use with no fee
• No transaction fees with debit cards

Some of these banks even offer .1% or .2% interest on your balance! That means that they ADD money to your account for as long as you have money there.

READ MORE>> How to open an online checking account instantly

LEARN MORE>> You decided to open a bank account? Find out about online checking account interest rates to learn how to earn cash even when your money is parked in your account

Open bank account online no deposit bad credit

We’ve explained how and why the way you previously handled your checking account can make it difficult to open a new account. Yes, there are plenty of banks that will open up a checking account for you without expecting a deposit, but not all of these banks will provide you with an account if your ChexSystems report or your credit report comes back with something that concerns the bank.
So, what do you do if you have bad credit and no deposit? Can you even open an account online? You can, you just need to be selective about which banks you apply at. First, if you have absolutely no money to start an account with, consider Chime Bank, a second-chance account provider that lets you open an account with $0 for a deposit, and which will consider you even if your credit record is poor.

Have $10 for a deposit? Radius Bank will open an Essential Checking account for you to help you rebuild your credit score. You have a lot more options if you have a deposit of $25. All of which will allow you to open an account no matter your bad credit or checking account problems. Consider Wells Fargo’s Opportunity Checking account, BBVA’s Compass ClearChoice Free Checking and also the First National Bank and Trust Company’s Renew Checking account.

Fair Credit Reporting Act

If your bank refuses to give you a checking account, find out why. And if your bank keeps you in the dark about why you have been refused a checking account, you have the Fair Credit Reporting Act to back you up. This act requires banks to tell you why they are denying you a bank account.

Online checking accounts are seen by many as the wave of the future. Don’t struggle with obstinate tellers and loan officers in your city. Go online and get a checking account with no deposit and no fees. It makes life easier, and you can do your banking from your phone.

A bank account is one of those required things in life. You need access to a debit card for purchases or direct deposit from an employer. A bank account is almost the only way to enjoy these basic services. But if you’ve experienced financial challenges or unexpected events — and the ensuing bad credit — it may be difficult to open a new bank account.

The good news is that you can still open a free online bank account with no credit check, no monthly fees, or minimum balance requirements. CheckingExpert has helped thousands of people just like you open online bank accounts. No credit check bank accounts that give you all the checking account features you need and deserve without the exorbitant fees many banks impose.

Credit Bureaus, ChexSystems, and Bank Accounts for Bad Credit

Most banks look at the credit history of their customers before granting them the ability to open a checking account. Some banks run a credit check through one of the major credit bureaus: TransUnion, Experian, or Equifax.

Other banks will dig deeper by turning to a company called ChexSystems. This company identifies your history with overdrafts, bad checks, and account freezes. Additionally, banks will look at check fraud, negative balances, and excessive withdrawals through Early Warning Systems (EWS). If you find yourself blacklisted by one of these companies, getting a bank account can seem impossible.

Getting A Bank When You Have Bad Credit

The researchers at CheckingExpert.com have selected the top two banks where you can get a bad credit bank account. There are no hidden fees, no minimum balance, and no monthly fees. You can apply online and it takes only a matter of minutes to complete the application process. If you’ve got bad credit and need a checking account, these banks are two very strong options.

Winners: Best Banks For Those With Bad Credit

The BBVA Online Checking Account is our favorite second chance bank account. They have the strongest offering of any of our recommendations. No hidden fees, no monthly minimums, and no monthly service charge. It’s easy to get approved and takes about 3 minutes. Plus, their smartphone app and online tools are the best we’ve reviewed.

Why do we recommend BBVA Online Checking so highly? If you’ve got poor credit or find yourself on ChexSystems, BBVA will approve you for an account.

What Bank Has Free Checking Accounts

• NO monthly service charge
• NO monthly account balance minimums
• NO fees at over 64,000 Allpoint® and BBVA ATMs worldwide
• FREE award-winning mobile app (one of the best we’ve reviewed)
• FREE Visa® debit card you can personalize with your favorite photo
• FREE online banking, bill pay, and mobile deposits
• FREE money transfer to and from any email or mobile phone in the U.S. via Popmoney®, Venmo®, and other instant transfer services
• FREE dedicated team of mobile bankers you can contact via text, email, or phone
• FREE cash back rewards for everyday debit card purchases with Simple CashBack
• FREE unlimited check writing
• FREE Visa Zero Liability protects you against fraudulent purchases made on your debit card
• BBVA USA, member FDIC

You can get an account today! The BBVA website is simple and easy to interact with. There is a $25 minimum deposit required to open an account and once that deposit clears, you’ll be off and running. Hands down, BBVA is one of the most friendly banks for those who have been negatively impacted by ChexSystems. The entire process from start to finish takes about 3 minutes. BBVA does not use ChexSystems but instead utilizes EWS to screen new applicants.

For anyone interested, I signed up for a BBVA Bank checking account. I have been using the new checking account, debit card, online website, direct deposit, and customer service for over a month now. I have to say I am genuinely impressed with everything they have done with me and my account.

So far it seems like the ideal bank.

B. Lewis, BBVA Customer

Chime Bank is a fast-growing internet-only bank. Unlike big banks, Chime was created during the smartphone era and, therefore, features an app that is more than just a way for customers to review their bank accounts.

And, best of all, Chime Bank accepts all customers who apply. Even if you have bad or poor credit or have been blacklisted by ChexSystems or credit bureaus.
Features include mobile deposits, direct deposit, online bill payment, NO monthly or annual fees, NO overdrafts, NO credit check, and NO CheckSystems.

Here are a few of the highlights:

• FREE Visa® debit card
• NO monthly service charge
• NO monthly minimums
• NO credit check; Bad credit OK
• NO ChexSystems or Telecheck; guaranteed approval
• FREE online banking and mobile banking/deposits
• FREE mobile and online bill pay
• NO foreign transaction fees
• NO fees at over 38,000 MoneyPass® and Visa Plus Alliance ATMs worldwide
• SAVINGS: You can round up every purchase to the nearest dollar and automatically deposit that difference into your savings account.

Chime Bank Lets You Get A Jump On Payday

You can receive your paycheck up to two days earlier than at a traditional bank if you set up direct deposit — Chime processes your employer’s check immediately instead of waiting like other banks may.

Chime Bank is one of the most friendly banks for those who have been negatively impacted by bad credit, ChexSystems, or Telecheck.

The SoFi Money Cash Management Account is offered by SoFi Securities LLC, a FINRA registered broker dealer. It’s a checking account on steroids and we love that. Plus, they don’t use ChexSystems to approve accounts. You get a debit MasterCard and a very slick smartphone app. You can make deposits, write checks, utilize electronic bill pay and transfer money. There are no monthly fees or overdraft fees. Plus, you earn interest on all the money in the account! The sign up process can take less than 60 seconds. There is no minimum balance requirement and you don’t have to make an initial deposit to get an account. Plus, you can earn a $50 cash bonus if you sign up for SoFi Money® and make one direct deposit of at least $500. Available in all 50 states.

• No account fees
• Unlimited reimbursed ATM fees
• Access to SoFi member benefits like career coaching and financial advising
• Automated bill pay
• Freeze debit card on-the-go

Want A Local Bank or Credit Union? Here’s The List of Best Second Chance Banks and Credit Unions in Every State.

Unfortunately, most major banks don’t offer second chance checking. However, many community banks and credit unions have them under various names, such as Opportunity Checking and Fresh Start Checking.

Free Checking Account No Credit Check No Deposit

Some banks and credit unions offer so-called second chance checking accounts to help people rebuild their credit and financial histories. These accounts usually carry monthly fees and come with a few other requirements, such as participating in a financial literacy or money management class. An account holder might also not be eligible for overdraft protection, since second chance banking serves as a way to prevent overdrawing an account altogether.

STATE BY STATE
Alabama	Alaska
Arizona	Arkansas
California	Colorado
Connecticut	Delaware
District of Columbia	Florida
Georgia	Hawaii
Idaho	Illinois
Indiana	Iowa
Kansas	Kentucky
Louisiana	Maine
Maryland	Massachusetts
Michigan	Minnesota
Mississippi	Missouri
Montana	Nebraska
Nevada	New Hampshire
New Jersey	New Mexico
New York	North Carolina
North Dakota	Ohio
Oklahoma	Oregon
Pennsylvania	Rhode Island
South Carolina	South Dakota
Tennessee	Texas
Utah	Vermont
Virginia	Washington
West Virginia	Wisconsin
Wyoming

A Few Additional Banks To Consider

Best-in-Class Mobile App

• -NO initial deposit
• -NO overdraft fees
• -NO minimums
• -NO transfer fees

Most Local Branches

Free Checking Account No Credit Check No Deposit Check

• -Mobile check deposit
• -24/7 fraud monitoring
• -Online bill pay
• -Visa debit card