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Does Bank of America Use ChexSystems to open new accounts

ChexSystems is a nationwide specialty consumer reporting agency that provides consumers' banking history to banks and credit unions to help assess the risk of opening new accounts.

Have you been blacklisted by ChexSystems? If you've been blacklisted by ChexSystems you’re probably wondering how you can open a checking or savings account.

Does Bank of America use ChexSystems?

If you’re considering opening a Bank of America checking account, you probably want to know, “does Bank of America use ChexSystems?” Yes, Bank of America utilizes ChexSystems to open new accounts and they also use Early Warning Service (EWS) when opening new accounts.

Even if you're currently in the ChexSystems database you can open a bank account immediately online instantly with no-ChexSystems banks.

5 No-ChexSystems bank options to a Bank of America checking account

  1. Upgrade Rewards Checking Account
  2. Chime Checking Account
  3. Current Checking Account
  4. OneUnited Bank Checking Account
  5. Acorns Checking Account


1. Upgrade

Features and Benefits

  • No ChexSystems or EWS
  • Open a checking account online instantly without a deposit
  • No account fees, no ATM or overdraft fees
  • Optional High-Interest Savings Account that earns 3.50% APY
  • 2% cashback on "common everyday expenses"
  • 1% cashback on all other eligible purchases
  • FDIC-Insured up to $250,000.

Upgrade Rewards Checking has no fees and comes with a Visa debit card that earns 2% on particular categories like groceries, gas stations, utilities, monthly subscriptions including phone, cable, TV and other streaming services and 1% back on other purchases. The Upgrade Rewards Checking account doesn’t charge ATM, overdraft or monthly maintenance fees. Upgrade will rebate ATM fees charged by another institution up to five times a month. Customers get access to Upgrade's high-yield savings account that earns 3.00% APY on all balances.

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2. Chime

Features and Benefits

  • No ChexSystems or credit check
  • 60,000-plus free ATMs
  • No minimum deposit to open the account
  • No account fees, no ATM or overdraft fees
  • Optional Savings Account that earns 1.50% APY
  • Up to 2-Day early access to direct deposits
  • Overdraft up to $200 on debit card purchases
  • FDIC-Insured up to $250,000.

Chime® offers an award-winning mobile bank account and debit card with no-ChexSystems and no credit check. Chime has over 60,000 fee-free MoneyPass® and Visa® Plus Alliance ATMs. The Chime checking account does not charge customers overdraft fees, monthly maintenance fees or foreign transaction fees. Customers that have direct deposit will get their paycheck up to 2 days earlier. Chime lets customers deposit cash into their Chime Checking account at over 90,000 retail locations like Walmart, 7-Eleven, Speedway, Dollar General, Family Dollar, CVS and Rite Aid.

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3. Current

Features and Benefits

  • $10 minimum opening deposit
  • Savings feature that pays 4.00% APY on balances up to $6,000
  • No overdraft fees when you overdraw by up to $200 with Overdrive™
  • Get your paycheck up to 2 days early with direct deposit
  • Earn points for unlimited cashback at participating retailers
  • Make cash deposits at more than 60,000 retailers, including participating CVS Pharmacy, 7-Eleven, Dollar General, and Family Dollar.
  • 24/7 member support

With the Current Checking account you’ll get insights on your spending and savings with digital tools and earn a generous 4.00% APY up to $6,000. You’ll also earn up to 15x the points on debit card purchases, which can be redeemed for cash. You can open this account with $0 with no requirement to maintain a minimum balance. Current‘s Overdrive feature allows you to overdraft up to $200 using the debit card if you have set up direct deposit.

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4. OneUnited

Features and Benefits

  • Minimum opening deposit of $25 (can be funded with a credit card)
  • No monthly fee
  • Get paid up to 2 days early with early direct deposit
  • OneUnited offers a no-credit check cash advance up to $1,000
  • Free Online & Mobile Banking
  • Obtain Cash, Surcharge Free at Over 37,000 ATMs Nationwide
  • Deposit checks through the mobile app
  • Add cash at over 90,000 retailers nationwide including 7-Eleven®, Walmart, CVS Pharmacy®, Dollar General, Rite Aid, Walgreens and more
  • Free Bill Pay

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OneUnited Bank's Online Checking Account is available to people in ALL STATES. We like OneUnited Bank because customers can add cash to the OneUnited Bank Debit Card at over 90,000 locations across the country through a partnership with Green Dot®. One outstanding feature of the OneUnited checking account is the cash advance feature called “CashPlease.” With CashPlease you can get a short-term loan up to $1,000 without a credit check! Upon approval, loan funds deposited within 4 hours and you get up to 90 days to repay the short term loan. To get started go to the “Get the Card” button, enter your name, email address and cell phone number. Choose the Black Wall Street Checking account option along with the opening deposit ($25.00 minimum), then complete your identification details (name, address, SSN, and employer).

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5. Acorns

Features and Benefits

  • Minimum opening deposit of $5
  • $5 monthly fee
  • Get paid up to 2 days early with early direct deposit
  • Free debit card and the option to lock/unlock the card if lost or stolen
  • Acorns Checking does not charge fees on ATM transactions
  • Online Bill Pay allows you to pay bills easily from your account
  • Acorns Checking allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.

Acorns Checking provides a checking account with no minimum balance or overdraft fees and access to 55,000+ fee-free ATMs. Acorns feature called Smart Deposit allows you to siphon money automatically from a direct deposit in your checking account into other accounts, like Invest. The Acorns marketplace gives customers a small percentage back on purchases made at hundreds of major retailers, including Walmart. The cash back that you earn shopping on Found Money is placed in your Acorns Invest account..

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Does Bank of America have free checking?

Bank of America is the 2nd largest bank in the US, with a balance sheet total of $2.17 trillion serving approximately 67 million consumer and small business clients throughout the United States.

Bank of America does not have free checking unless customers meet certain requirements like have at least one qualifying direct deposit of $250+ or maintain a $1,500 minimum daily balance or are enrolled in Preferred Rewards.

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