Welcome to ChexAccount.com, your one stop source for ChexSystems solutions and resources. This site was designed to help people find a way out of ChexSystems, or at least find a reasonable solution. Not having a checking account is not only frustrating, but it can turn simple tasks into expensive nightmares. Five years is a long time to wait for a new checking account, so we created this site to help you find a solution today. Here are your options:
Second Chance Checking accounts are bank accounts offered by a handful of banks to give second chance opportunities to individuals who have been reported to ChexSystems. In most cases, these checking accounts provide similar benefits as regular checking accounts, with the main difference being that they charge a monthly fee.
Non-ChexSystems Banks, while difficult to find in certain areas, are great solutions for people seeking a new checking account. Because these banks do not use ChexSystems to verify new bank accounts, approval rates are very high.
Prepaid Debit Cards are very similar to checking accounts in that, you get a debit card which you can use to make POS purchases or withdraw cash. You can use a prepaid debit card pretty much anywhere Mastercard or Visa is accepted. Prepaid debit cards do not come with check-writing privileges, so if you need to write checks, this option may not be best for you.
A ChexSystems dispute is perhaps the best option if you believe that there is an error on your ChexSystems report. By filing a proper dispute, you may be able to get your name removed from the ChexSystems database, without having to wait 5 years.