The 7 Best Banks With No Credit Check to Open Account

Having a bank account is an essential step towards managing your finances, as it allows you to deposit money, make payments, and access credit. However, not everyone may have a good credit score, which can make it difficult to open a bank account. Fortunately, there are several banks that do not require a credit check to open an account.

In this article, we will be looking at the top 7 banks that do not require a credit check to open an account. These banks offer different features, fees, and services to meet the needs of different customers.

The 7 Best Banks With No Credit Check to Open Account

Banks With No Credit Check to Open Account

Like other banks, the first and most essential step when opening a bank account is to find one that suits your needs. Your preferred bank account can greatly differ from your friend’s choice, basically due to the prevailing needs. In this case, you should be searching for one that allows you to open a no credit check bank account.

That said, below are some of the banks with no credit check to open an account that can accommodate your needs:

1. Barclays

Despite being hugely based in the UK, Barclays has a heavy presence in the US. It offers a wide range of credit cards for US customers, especially those with good to excellent credits.

The good thing with Barclays Online Savings is that the accounts don’t require strict approval standards and is among the few banks with no opening deposit.

Barclays Online Savings


  • 20% APY savings account
  • Direct online transfers and deposit allowed
  • No monthly maintenance fees charged
  • No required minimum balance to open an account
Purely online transactions
Accommodated people with bad credit
No maintenance fees payable
Limited accessibility

2. Discover

Popularly known as the cash-back credit card, the Discover Online Banking Cashback Debit is an online-only bank that offers a full range of no deposit accounts for both checking and savings accounts.

Discover Online Banking Cashback Debit


  • No monthly maintenance fees
  • No minimum opening balance
  • Customers earn 1% cashback on $3000 debit card purchases monthly
  • 60,000 fee-free ATMs available all over
1% cash back on up to $3000 spent
Several ATMs available
Opens bad credit accounts
Quite high transaction rates

3. Chime

Chime is among if not the fastest growing online banks in America. The Chime bank was created since its inception to be a purely online bank.

The absence of physical branches probably is what makes banking with Chime almost free. Like most online credit bank accounts, there are no chargeable maintenance fees, service fees, overdrafts, or foreign transaction fees.

Chime Bank


  • No minimum deposit required to open the account
  • More than 38,000 fee-free ATMs available
  • Allows online transfers and deposits
  • No payable monthly maintenance fees
Free receiving, sending and accessing funds
Mobile check deposits
Widely available free ATMs
Integrates with mobile app
Few reviews about its services

4. Capital One 360

Capital one is popular as it offers several credit options, including fair credit cards, rebuilding bad credit credit cards and no-deposit accounts. The 360 no checking account is the bank’s only available type but offers several features at minimal fees.

Capital One 360 No Checking Account


  • More than 39,000 available ATMs
  • Direct deposit and online transfers allowed
  • No monthly payable fees
  • No balance required to open
Easy to open
Affordable transaction fees
Free overdraft transfers
Not widely recognized

5. Wells Fargo

The Wells Fargo Opportunity Checking and Savings Accounts provides customers with access to nearly all the checking account features, which includes mobile banking.

It was specifically tailor-made to suit folks with lackluster banking history. With a minimum opening deposit, individuals with bad credit can access this second chance bank account offering several bells and whistles of traditional bank accounts.

Wells Fargo Bank


  • $25 required an opening deposit
  • Free transfer between opportunity checking accounts and savings account
  • Avails spending report and budget watch for those who want to monitor their finances
  • Free debit cards that can be used in more than 13000 ATMs spread out
Minimal deposit required
Possible waiver of monthly fees
Overdraft protection
Several hidden charges

6. Radius

The Wells Fargo Opportunity Checking and Savings Accounts is yet another online only bank is Radius Bank, which offers a wide array of products for different customers. This account, for instance, is tailored for individuals with bad credit looking to rebuild their credit history.

Radius Bank


  • Mobile compatible banking and check deposit
  • Debit card limit of $500
  • $9 monthly account maintenance fee
  • Free debit card
  • Free access to personal finance tracking and radius budgeting apps.
  • Possible upgrade of Radius checking account after continuous positive history for 12 months
Available mobile and online banking
Free debit card
Second-chance banking
Possible overdrafts
Daily debit card limit


BBVA Compass Easy Checking Bank offers easy checking account as a second-chance banking option for those who want to redeem their credit history. Users get access to mobile deposits, bill payment feature, online banking, and a lot more.

BBVA Compass Bank


  • Mobile banking available
  • More than 55,000 fee-free ATMs available
  • $13.95 account maintenance fee
  • Minimum of $25 deposit to open the account
No ATM fees charged
Free online banking
Free mobile deposits
May not be available in all states

Requirements To Fill Up The Online Application Form

Once you have selected your most preferred bank with no credit check before opening an account, the tough work is over. The second and quite easy step is filling out the application form, a process that has been made simple by the present internet.

You will find the application icon on the bank’s website or mobile app. Most applications require and ask for similar information, but some may slightly vary.

1. Personal Information

The first part of filling out the application is providing your personal information, including contact details. This is standard practice with most application procedures, and these bank accounts with no checks are not an exception. The form will require both your digital and physical contact information, which include;

  • Legal name
  • Physical address
  • Phone number
  • Email address

Ascertain that you spelled every detail correctly and that the information is up-to-date. This avoids unnecessary slags as you proceed with the application process.

2. Identification

Personal information is definitely part of identification, but the law mandates every financial institution to verify every applicant’s identity when opening a new account. That said, most online application form for bank accounts will require that you provide the following additional details.

  • Date of birth
  • State issued ID or driving license
  • Social security number or Tax ID number

You can use your foreign passport of you don’t have the US social security number.

3. Funding Source

Depending on the type of account you are applying for, you may be required to provide information as to how you will fund the account. Some of the methods offered by various institutions include:

  • Credit card
  • Bank transfers
  • Existing account transfers
  • Debit/prepaid cards
  • Mobile check deposits

Note that all accounts, even those that don’t require an initial deposit will inquire about the funding information. If cash only is your only available option, you may need to make the application in person.

Second Chance Banking Alternatives

If you are not fully convinced to open a bank account with either of the banks mentioned above, you can try these two alternatives to recoup your funds.

Apply for a prepaid debit card

If you are tired of traditional banking experience, you can consider getting a prepaid debit card as an alternative. With a prepaid debit card, all you need to do is load money and spend it at merchants that accept your debit card.

However, note that transactions will be declined if you try spending more than the amount available on your card. This is because prepaid debit cards do not allow overdraft features.

Opting for prepaid debit cards is prudent, especially if you still facing troubles with managing your spending. This acts as a layer of security that prevents you from getting back to financial troubles.

Find prepaid cards with better terms such as those that allow for advanced direct deposits, free-fee ATMs, and much more.

Get a secured credit card

The second option involves trying your luck in a secured credit card. This is a good option if your credit history was in shambles, but you have worked on getting it back to relatively fair shape. Most banks with no credit check require that applicants should make a cash deposit to provide a credit card for the same amount.

The bank will submit reports of good behavior every month that you make an on-time payment. This goes a long way in helping individuals improve their credit scores. A major drawback to this is that most secured credit cards have high-interest rates and lack enticing rewards compared to other high-end cards.

The Bottom Line

Having a bank account is an important financial tool. This need is increasingly becoming unavoidable with the surge in cashless operations in the society. Similarly, the cultural shifts have made financial institutions make the necessary adjustments that suit the current trends.

Perhaps the most notable impact is the introduction of online-only banks and various financial technologies. This has made it possible for individuals with bad credit to access second chance bank accounts with ease, in a bid to get back on the positive side. Online options have also spearheaded the resurgence of low to no-fees operational bank accounts.

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