If you’re unable to open a checking account due to ChexSystems or Early Warning Services (EWS) records, we compiled a list of second chance banks in Florida that offer an opportunity to build a new banking history. Keep in mind there may be a monthly service fee associated with second chance banking accounts.
Top Online Second Chance Checking Accounts in Florida
Upgrade Rewards Checking Plus
The Upgrade Rewards Checking Plus is best for debit card spending. Customers get up to 2% cash back on common everyday expenses for active accounts with a monthly $1,000 direct deposit 1 plus many features including the following:
- $0 Minimum Opening Deposit.
- Up to 2% cash back on common everyday expenses for active accounts with monthly $1,000 direct deposit, and up to 1% cash back for other purchases2.
- Optional savings account that earns 5.21% APY3.
- Customers with direct deposit can get paid up to two days early4.
- No monthly fees, no overdraft fees5, and get reimbursed for ATM fees with an active account.
- FDIC-Insured Up to $250,000.
Upgrade is a financial technology company, not a bank. Checking and savings accounts provided by Cross River Bank, Member FDIC.
OneUnited Bank
OneUnited Bank’s Online Checking Account is a free checking available to people in ALL STATES. OneUnited Bank is a Black-Owned Bank that offers the Black Wall Street Checking account with no monthly fee. If you’re looking for second chance banking options, OneUnited Bank’s U2 E-Checking Account is available but it has a monthly fee of $12. With OneUnited Bank customers can add cash to the OneUnited Bank Debit Card at over 90,000 locations across the country through a partnership with Green Dot®.
Here are the checking account features:
- $25 minimum opening deposit
- No monthly fee.
- Get paid up to 2 days early with early direct deposit.
- Free Online & Mobile Banking.
- Obtain Cash, Surcharge Free at Over 35,000 ATMs Nationwide.
- Deposit checks through the mobile app.
- Free Bill Pay
SoFi Bank
SoFi Bank is a bank headquartered in California with membership open to anyone regardless of where they live or work. Financial products and services include checking, savings, personal, student and mortgage loans, investments and retirement planning. The monthly free checking account is combined with savings account with the following features:
- $100 Minimum opening deposit.
- Welcome Bonus up to $250 when you set up direct deposit.
- Get paid up to 2 days early with direct deposit.
- 55,000+ fee-free ATMs within the Allpoint® Network.
- Members with direct deposit can earn 4.50% APY on their savings and Vaults balances, and 1.20% APY on their checking balances.
- Deposits are insured up to $2M through a network of participating banks.
Second Chance Banks in Florida
Addition Financial
The Opportunity Checking Account requires a $0 opening deposit and a $0 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
Axiom Bank
The Opportunity Checking Account requires a $25 opening deposit and a $12.95 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
BayFirst National Bank
The Essential Checking Account requires a $10 opening deposit and a $1.95 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
Bank OZK
The Empower Checking Account requires a $50 opening deposit and a $10 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
Capital City Bank
The Empower Checking Account requires a $10 opening deposit and a $5.05 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
Centennial Bank
The Opportunity 100 Checking Account requires a $100 opening deposit and a $9.95 monthly service fee with direct deposit or $12.95 without direct deposit. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
Fifth Third Bank
The Fifth Third Express Account requires a $0 opening deposit and a $0 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
First American Bank
The Fresh Start Checking Account requires a $0 opening deposit and a $9.95 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
Liberty Savings Bank
The Clean Slate Checking Account has a minimum opening deposit of $100 and the monthly service fee is $10.
PNC Bank
The PNC Foundation Checking Account has a minimum opening deposit of $25 and the monthly service fee is $5.00.
Popular Bank
The Popular Easy Access Checking requires a $25 opening deposit and a $4 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
Regions Bank
The Basic Checking Account has a minimum opening deposit of $10 and the monthly service fee is $5.00.
Servis1st Bank
The Simple Access Account requires a $25 opening deposit and a $5 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
Stearns Bank
The BankONStearns Account has a minimum opening deposit of $0 and the monthly service fee is $5.00.
TD Bank
The TD Essential Banking Account has a minimum opening deposit of $0 and the monthly service fee is $5.05.
The First Bank
The First Step Checking Account requires a $15 opening deposit and has a $3 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
United Bank
The Gateway Checking Account requires a $0 opening deposit and has a $5.05 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
Valley Bank
The Journey Checking requires a $25 opening deposit and a $5 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
Wintrust Community Bank
The Money Smart Checking Account has a minimum opening deposit of $0 and the monthly service fee is $5.00.
Second Chance Credit Unions in Florida
Alive Credit Union
The Fresh Start Checking Account requires a $0 opening deposit and a $5 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
Bright Star Credit Union
The Fresh Start Checking Account requires a $1 opening deposit and a $5 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
Community First Credit Union
The Fresh Start Checking Account requires a $0 opening deposit and a $10 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
Gold Coast Federal Credit Union
The Fresh Start Checking Account requires a $5 opening deposit and a $0 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
Gulf Winds Credit Union
The MyOpportunity Checking Account requires a $25 opening deposit and a $10.95 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
JetStream Federal Credit Union
The Second-Chance Checking Account requires a $25 opening deposit and a $10 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
McCoy Federal Credit Union
The Fresh Start Checking Account requires a $0 opening deposit and a $10 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
Members First Credit Union of Florida
The Second Chance Checking Account requires a $0 opening deposit and a $12 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
Priority Credit Union
The Restart Checking Account requires direct deposit and a $15 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
San Antonio Citizens Federal Credit Union
The Checking Rebuilder Account requires a $50 opening deposit and a $10 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
South Florida Federal Credit Union
The Aspire Checking Account requires a $0 opening deposit and a $10 monthly service fee. You’ll have free access to online banking, mobile deposit, bill pay and account alerts.
Florida Unbanked Numbers
According a Federal Deposit Insurance Corporation (FDIC) 2021 Survey, 3.7% of Florida’s residents were unbanked. It’s estimated that unbanked people pay up to 10% of their salary for check cashing services. Florida fares better than the national average of unbanked or underbanked households in America, but there are still too many Floridians without access to traditional banks that offer free checking accounts.
ChexSystems Resources
- Banks That Don’t Use ChexSystems – Take a look at our list of banks that do not use ChexSystems for a new checking account.
- EWS (Early Warning Services) – EWS is similar to ChexSystems and can prevent you from opening a checking account.
- Check your ChexSystems Report – Unsure what information exists in your ChexSystems report? Learn how to find out.
- ChexSystems Scores – Did you know that you have a ChexSystems score similar to a credit score? Find out how to get yours.
- Account Abuse – Find out why ChexSystems often reports customers for account abuse with no real explanation of what that notation means.
Upgrade Disclaimers
1 Active Accounts with a monthly direct deposit of $1000 are eligible for additional benefits on Rewards Checking Plus such as additional cash back rewards, ATM fee reimbursement, and more. See the Active Account page for more information.
2 Rewards Checking Plus customers who set-up monthly direct deposits of $1,000 or more earn 2% cash back on common everyday expenses at convenience stores, drugstores, restaurants and bars – including deliveries – and gas stations, as well as recurring payments on utilities and monthly subscriptions including phone, cable, TV and other streaming services, and 1% cash back on all other debit card purchases. 2% cash back is limited to $500 in rewards per calendar year; after $500, customers earn 1% cash back on all eligible debit card purchases for the remainder of the year. Rewards Checking Plus accounts with less than $1,000 in monthly direct deposits 60 days after account opening will earn 1% cash back on common everyday expenses and 0.50% cash back on all other eligible debit card purchases. Some limitations apply. Please refer to the applicable Upgrade VISA® Debit Card Agreement and Disclosures for more information.
3 The 1.5% Annual Percentage Yield (APY) for the Performance Savings account is effective as of June 1, 2023. The APY for the Performance Savings account is variable and may change at any time. Active Accounts qualify for 5.21% APY with monthly $1000 direct deposit. The APY for Active Accounts is effective as of September 1, 2023, is variable, and may change at any time. Please refer to the applicable Cross River Bank Performance Savings Deposit Account Agreement and Truth in Savings Disclosure. To earn APY, you must open and fund a Performance Savings account. Rewards Checking Plus accounts do not earn APY.
4 Early direct deposit requires set up of recurring electronic direct deposit from your employer, payroll, or benefits provider and is limited to direct deposits under $5000. Early access to direct deposit funds depends on the timing in which we receive notice of impending direct deposit, which is generally up to two days before the scheduled deposit date.
5 There are no overdraft fees or annual fees associated with Rewards Checking Plus accounts. Rewards Checking Plus charges no ATM fees, but third-party institutions may charge you a fee if you use their ATM/network or if you use your Upgrade VISA® Debit Card internationally. For Active Accounts, Upgrade will rebate ATM fees charged by another institution for debit card withdrawals in the United States, up to five times per calendar month. To be eligible to receive third-party ATM fee rebates in any calendar month for eligible ATM withdrawals made during that month on a Rewards Checking Plus account, the account must be an Active Account in the prior calendar month. See the Active Account page for more information. As a courtesy to new customers, Upgrade will provide third-party ATM fee rebates for 60 days after account opening regardless of account user status. Some limitations apply. Please refer to the applicable Cross River Bank Checking Deposit Account Agreement and Upgrade VISA® Debit Card Agreement and Disclosures for more information.
