How can I open a checking account or debit card with bad credit?

It can be next to impossible to open a checking account with bad credit.  checkingaccountMy clients have shared the following tips with me:

1.  Second Chance Checking.

Basically a checking account for people with bad credit and/or who are listed on Chexsystems.

Here is a list from

Cyprus Credit Union‘s Fresh Start Checking is designed for members who failed to apply for traditional checking account due to their records from Chexsystems. The special account’s monthly service fee is only $5. And if you manage the checking successfully for more than a year, the account will be converted to a regulaer checking account. Cyprus has branches in cities of West Jordan, Magna, Salt Lake City, Riverton, Sandy, Saratoga Springs, Midvale, Midvale, West Valley City, South Jordan, Centerville, Herriman and West Valley, UT.

Utah Central Credit Union‘s JumpStart Checking Program brings second chance for you to rebuild personal finance. And if you can manage the checking successfully for more than half of a year, you’ll qualify for overdraft protection. The credit union has branch offices in Virginia Beach, Sandy, West Valley City, West Jordan, Herriman, Murray, Salt Lake City and Price, UT.

Western Federal Credit Union has branch in Salt Lake City, UT. So you can access a branch office of WFCU and apply for its Right Start Checking account.

Wells Fargo‘s Opportunity Package is a good solution especially for customers with past banking challengs due to Chexsystems records. The bank has branch offices in Salt Lake City, Ogden, Saint George, Clearfield, Lindon, Provo, Orem, Blanding, Richfield, Saint George, Sandy, Park City, American Fork, Layton, Eden, Saint George, Magna, Logan, Nephi, Draper, Vernal, Provo, Hurricane, Moab, Riverton, Beaver, Milford, Tremonton, Hyrum, Smithfield, Helper, Bountiful, Centerville, Payson, Clearfield, Bountiful, Fillmore, Vernal, Layton, Washington, West Jordan, Saint George, Spanish Fork, Castle Dale, Cedar City, West Jordan, Farmington, Kaysville, Layton, Duchesne, Roosevelt, Springville, Roy, Spanish Fork, Layton, Parowan, Escalante, Delta, VT.

Key Bank has branch offices in Salt Lake City, UT. So, you can try to apply for its Plus Check Cashing.

2.  Direct deposit debit cards.

You can have your paychecks deposited directly onto a pre-paid card, like

Netspend or

Walmart Money Card.

3.  Pre-paid cards.

Cash your paychecks and then deposit the money directly onto a pre-paid card.  This is a last resort and is as bad as walking around with a wad of cash in your wallet!


A Second Chance Checking account is a term of art for I have also covered this topic here:  Can I open a bank account after I go bankrupt? or Why am I still listed on Check Systems (Chex Systems, Inc.) even though I received a discharge for my bank account that was in overdraftt?