Minnesota Second Chance Checking Accounts


Opening a bank account may require a good credit and banking history. Once you have an account with a traditional bank, you'll be better able to manage your money and build wealth. And you can avoid the high cost of using alternative financial services like check-cashing stores and payday loans.

Many unbanked people do not have a checking or savings account due to bad credit or a troubled banking history. But there are banks and credit unions in Minnesota that will give you a second chance at banking. Here a few you can apply with online for a second chance checking account.

Minnesota Second Chance Checking Accounts

Chime Spending Account – Free overdraft up to $100

Chime will spot you up to $100 on debit card purchases with no overdraft fees. Eligibility requirements apply.¹ Chime's Spending Account is similar to a traditional checking account but without check writing. Banking is easy with Chime where customers can transfer money, send and deposit checks and pay bills with no monthly fees and no overdraft fees.

Open the optional Chime Savings Account and Chime will round up your Visa Debit Card transactions to the nearest dollar and transfer it to your savings account.

Chime Spending Account Features

  • Get your direct deposit up to 2 days early.
  • Chime Visa® Debit Card.
  • Access cash at 38,000+ fee-free ATMs.
  • An optional savings account earns 0.50% (APY).
  • Leniency for people with previous checking account problems.

Gate City Bank

ChexSystems is not used to verify accounts. Your driver's license number and Social Security number will be verified through Choice Point.

Westconsin Credit Union

They use a credit report to open accounts. The Foundations second chance account comes with an $8 monthly account fee, debit card use only—no checks will be issued.

Marine Credit Union

They offer a “Credit Builder Checking Account” if you’ve previously been turned down for a checking account. There is a $5 monthly fee.

American Federal Bank

They use a credit report to verify new accounts and offer a variety of checking account products.

United Savings Credit Union

They use a credit report to verify new customers.

Minnesota Valley Federal Credit Union

They offer second chance checking. All features are the same as the primary draft/checking account. $100 minimum balance to open the account plus a $2 monthly service fee if balance falls below $100.