If your previous checking account history is preventing you from opening a standard checking account, some financial institutions may choose to approve a second chance checking account for you. A second chance checking account may come with higher fees and more restrictions, such as no overdraft protection or no debit card, but may allow you to deposit checks and may help you rebuild your debit history over time.

Several financial institutions offer some form of second chance banking accounts, and the terms of the accounts will vary depending on the policies of the individual institutions.

  • Chex Systems, Inc. does not endorse any of the products and services offered by the financial institutions as second chance banking accounts.  
  • Chex Systems, Inc. does not make account opening determinations on behalf of any financial institution.  
  • Your eligibility for a second chance account will be determined by the financial institution based upon its own policies and procedures.  
  • Eligibility for a second chance account does not guarantee that your previous debit history will improve or be repaired.