The No-Fee $10 purchase cushion is a feature offered by Ace Cash Express and NetSpend on the prepaid debit cards that they issue.

It works exactly as its name suggests. We all know how prepaid debit cards work: you load the card, and then you get all the convenience associated with a debit card, until your balance reaches zero. Typically, a prepaid debit card will not authorize any transaction for an amount greater than what is on your balance, even if it’s a couple dollars. So let’s say you have $52 dollars left on your account but need to pay for a $55 purchase. Most prepaid cards would decline the transaction. With a no-fee $10 purchase protection, your transaction will be approved as long as your shortfall is $10 or less.

Now that doesn’t mean that you were extended $10 worth of credit; on the Ace Cash Express website, they call it a non-contractual courtesy, and you are expected to pay that money back as soon as possible. It doesn’t look like it’s much, but when you consider that you don’t have to pay any overdraft fees for that feature, those debit cards certainly differentiate themselves from the competition.

No Fee $10 Purchase Cushion | Best Prepaid Debit Card Features

The Ace Pink Prepaid Visa® Debit Card is a well-reviewed card in the prepaid market. Not only does it offer plenty of benefits and a competitive fee plan that put it at the head of its class, it also comes with the added benefit that a portion of your purchase goes to breast cancer awareness and detection, so you donate to cancer research every time you use your card, without spending any additional money. People looking to get rid of heavy overdraft charges and penalties should definitely consider applying for the Pink Ace Elite Visa.

Offered through ACE Cash Express, this card is designed to give consumers all of the traditional debit card benefits while also helping a worthy cause. In 2010, ACE and NetSpend donated more than $400,000 through their partnership with the National Breast Cancer Foundation – all because consumers used their Pink Debit Card instead of cash.

Related: Ace Elite Prepaid Card Review – NetSpend Debit Card Review

The well-respected Visa logo is easily recognized and accepted worldwide. Each deposit is FDIC insured, protected from unauthorized activity, and available 24/7. Finally, Pink Prepaid customers can have their checks directly deposited to the card, without ever stepping foot into a bank or other financial institution.

Features:

Guaranteed approval. Pink Ace does not require any kind of credit check or fees to obtain a Pink Ace Elite Visa Card. Any person who wants a prepaid card can just apply for it. No credit check is required to obtain the Ace Pink Prepaid Visa® Debit Card. The only requirements are that you comply with the regulations of the US PATRIOT Act.

No application fee.

Two ways to participate. The Pink Ace Elite Prepaid Visa Card offers two plans, ‘pay as you go’ and the ‘fee advantage’ plan. The ‘pay as you go’ plan does not require a direct deposit and charges a fee of $1 or $2 when you use the card for transactions. The ‘fee advantage’ plan requires the customer set up certain features in order to receive discounted fees, such as direct deposit; it costs $9.95 with no transaction fees.

Credit builder: The card has a credit builder option, which enables you to build your credit through responsible and regular use of the card. This can include monthly bill payments and deposits.

Online bill payment:  You can now pay your bills online for free using your Pink Ace Elite Visa Card by just choosing the ‘bill pay’ feature.

Online shopping: You can shop as much as you want online or at stores, anywhere Visa debit cards are accepted.

Visa Card Zero Liability: Card funds are FDIC insured, backed by Visa Zero Liability which protects against unauthorized usage of your card. Should your card be lost or stolen, or should your account get hacked, you have the same security that is extended to all Visa® Cards. As long as you notify Net Spend within 2 business days, you will be reimbursed for any and all unauthorized withdrawals and/or debits against your card.

Free Direct deposit: You can access your money faster with direct deposit by depositing your pay check directly into your account. Get paid up to 2 days faster, don’t stand in line or pay check cashing fees. Direct deposit waives the reload fee.

No-Fee Cash Withdrawals at ACE locations. ATM fees typically range from $2.50 to $5.00. With direct deposit onto your card you will be eligible for free ATM withdrawals at all ACE locations. At those locations you can also buy a card, reload your card, or get a replacement.

Free unlimited purchase transactions when you enroll in the Fee Advantage plan.

No overdraft fees. Instead, you get a no-fee $10 purchase cushion. With this if you spend up to $10 over your balance you will not have to pay any fees. You will have to pay back the $10 but this is much better than having to pay a huge overdraft fee on top of it.

Free Anytime Alerts™ – Get your balance and transactions via text or email

Free Savings Account – Receive 5.00% APY

NOTE: Some of the features require enrollment in the Fee Advantage plan

How to reload the card

Deposits can be done through free direct deposit, free account-to-account transfer online or by paying a fee when doing it through a customer service representative, and by visiting one of the many reload centers throughout the United States.

Verdict

Cardholder with Pink Ace appreciate the fact that a portion of every purchase you make with Pink Ace goes to the breast cancer awareness and detection program. Getting approved for this card requires no credit checks, or activation fees. FDIC insurance and Zero Liability protection make it safer to carry than cash.

Since it is impossible to spend more money than you have on the card, you can use it to control your spending and leave behind interest charges and overdraft fees. The Pink Prepaid debit card is an amazing debit card which provides all of the financial services you need, while allowing you to do your part in the fight against cancer!

Pink Prepaid Debit Card Review | NetSpend’s Ace Visa Card

ChexSystems is a reporting bureau that financial institutions such as banks use to screen people who come to apply for new checking accounts. If you find yourself unable to open a checking account, chances are that it’s because you have been reported to Chexsystems.

As a reporting bureau, ChexSystems is the equivalent of Equifax, TransUnion or Experian. Its only clients are the banks that use its services. So only a bank can have your name listed on Chexsystems and in most cases (with the notable exception of identity theft cases) it will be up to a bank to write and ask to have your name removed from the list.

Having your name appear on ChexSystems’ report means that most major banks will deny you a checking account. The major banks such as Chase obviously use ChexSystems. The smaller banks have slowly but surely been using the information too, although it is worth pointing out that ChexSystems itself doesn’t approve or deny your account. It’s solely the bank’s decision; they just use ChexSystems’ information to make that decision.

About PNC Bank

Established in the 1800s, PNC (Pittsburgh National Corporation) Bank has grown to be one of the leading financial service organizations in the country. With more than five million customers, and assets of approximately $264.3 billion as of March 2011, it operates 2,400 branches and 6,500 ATMs in 15 states. PNC Bank uses ChexSystems to screen out prospective customers. If you’ve applied for a checking account at PNC and been rejected, you should definitely look into options offered by banks that do not use ChexSystems.

Prepaid Debit Cards You Can Use Like Checking Accounts

Here’s a (partial) list of prepaid debit cards that can give you most of the options and convenience that you would get with a regular checking account. They’re easy to get, and can be used anywhere a regular debit or credit card is accepted.

• BBVA Compass SafeSpend Prepaid
• Ready Debit Card
• Green Dot Gold Card
• UpSide Prepaid Visa
• Mango Prepaid MasterCard
• American Express Prepaid
• Walmart MoneyCard

Does PNC Bank Use ChexSystems?

The ReadyDebit card is a prepaid debit card. When you apply for your Ready Debit card you can enjoy most of the same features of having a regular checking account. We don’t think there’s really a need to go in depth about how prepaid debit cards work: you use various methods to load money on to them; once that is done, you can use the card until you run out of money. Since the card is designed so that you can’t spend more money than is on the card you have to reload it if you want to keep using it. That’s it, in a nutshell.

So why pick this prepaid debit card over another one? Well it’s going to hinge on three factors: convenience (how easy is it to get the card and put money on it), features (what does the card actually allow you to do) and fees (how much do you get charged). You want to find the easiest to get prepaid debit card that offers the most convenience and features at the lowest fees. In most cases, you’re going to have to compromise. So how does the ReadyDebit prepaid card fare in each of those categories?

Related post: BBVA Compass SafeSpend Debit Card Review

Convenience

• The READYdebit™ Card is a debit card that is designed for people who have very poor credit and/or can’t open a bank account. There is automatic acceptance for everyone who applies and can verify the information they provide because it is a prepaid card and no credit lines are extended. Ready Debit does not require any kind of credit check.
• The READY Debit card offers much of the convenience that credit cards offer: the card is honored anywhere that Visa cards are accepted.
• It allows you the freedom to shop and pay bills online, as long as you have the money available on your card. You can shop as much as you want within your account balance with no limit online or at stores, anywhere debit Visa is accepted.
• You have access to your cash at millions of ATMs worldwide
• You’re covered by the Visa Card Zero Liability protection plan: carrying your card is safer than carrying cash and even in case of theft or loss, the Visa Card zero liability coverage protects unauthorized usage of your card.

Features

• You have the ability to load the card at more than 50,000 retail locations using Greendot MoneyPak or Visa ReadyLink. Be advised that there may be a service charge attached to loading your card via these methods.
• Free Direct Deposit. You can get your paycheck directly deposited and those funds will be available to you faster than most banks or check cashing locations. You can access your money up to two days faster with direct deposit by depositing your pay check directly into your account.
• Other Free reload options: Retail Cash Load and Bank ACH Transfer are free.
• The funds in the account are fully FDIC-insured
• FREE online bill paying feature, mobile banking, and online bill paying. You can now pay your bills online for free instead of paying to get money orders or going to the location to pay in cash. This is a much better way to take care of the utility bills.
• FREE online check writing. If the company does not accept electronic check, you can print your own check and mail it to them.
• FREE credit score tracker to help you monitor your credit profile. The card has a credit builder option: when you sign up for online bill pay, you can work on rebuilding your credit score. On-time payments are reported to PRBC to help re-establish and re-build your credit through responsible and regular use of the card. PBRC has yet to gain mainstream acceptance, though.
• No overdraft fees

Fees

The Ready Debit Card comes in three versions – the “Control”, the “Select”, and the “Platinum” versions. Here’s the fee schedule (as of Aug 4th, 2011)

Fees		Control			Select		Platinum
Card issuance		$9.95			$9.95		$9.95		This is a one-time fee, and is not charged until you make your first deposit.
Monthly service		Free with at least $1500 in monthly Direct Deposit, otherwise $3.95			$9.95		$14.95		A great deal—and a whole lot better than check-cashing fees, wire-transfer fees, interest payments, late fees, …Your first monthly fee is charged one month from the day you order your card.
Secondary Card		Not Available			$10		Free		Two cards can access the same account by adding a secondary card. Call 866.465.1645 to set this up.
Signature transactions		$0.95			Free		Free		Other companies charge $1 or more per transaction
PIN transactions		$0.95			Free		Free		Other companies charge $1 or more per transaction
Negative Balance Fee		Free			Free		Free		Really!
Direct deposit		Free			Free		Free		Save time and money-sign up for free direct deposit to your READYdebit card account.
Loading cash & deposits via bank ACH transfer		Free			Free		Free		You can load cash to your card with Visa ReadyLink and Green Dot MoneyPaks. Each store charges a fee to complete the transaction.
ATM withdrawal		$2.25			$2.25		$2		Remember that the ATM owner may charge a fee, as well. Be careful with these—they can add up. Many stores will offer cash back when you make a purchase-buy a pack of gum and skip the ATM fees.
ATM withdrawal decline		$1.95			None		None		Check your balance online before making the request.
U.S. ATM Balance Inquiry		$0.50			Free		Free		Check your balance often-it’s an important part of good money management.
Online customer service		Free			Free		Free
Automated phone support		Free			Free		Free		Check out our FAQ for answers to many questions.
Live customer service		$2 per call		1 free call per month, then $2 each			Free
Online bill pay		Free			Free		Free		A great way to pay your utility bills, rent or even your babysitter.
Bank teller cash advance		$5			$5		$5		Save a few bucks and use an ATM instead.

Summary

The ReadyDebit Visa reloadable prepaid card is ideal if you have been turned down for a traditional checking account (usually by getting reported to Chexsystems) and wish to take advantage of features afforded to checking account customers. It offers an affordable checking-account alternative for people with bad credit who either are non-banked or have a checking account with frequent overdraft fees that are costing them hundreds dollars in fees each year.

Ready Debit allows benefits you with free online payment, free online cheque writing, and access to over a million ATMs. The card offers flexibility in terms of maximum deposits and fees charged. When cardholders use prepaid Visa to pay their bills online they automatically earn positive credit to their account. When bills are paid on time online, it gets automatically reported to PRBC which allows you get a lower rate of interest if you applying for loans later in life.

However, bear in mind that having a prepaid card does not help you rebuild your credit. As previously mentioned, PBRC (while not a scam) has yet to get known to the point where it can be a major player. So the credit-building benefit of the card is rather limited. If you need to rebuild your credit, then a better and more efficient path is to get a secured credit card, also known as a second chance credit card.

ReadyDebit Card Review | Prepaid Visa Debit Cards

It is difficult to get by these days without a piece of plastic to help you make purchases and pay bills. As fewer and fewer companies accept checks, your only option outside of a debit or credit card is to pay cash. Electronic means of payment such as debit and credit cards are very convenient, but certain people, such as the ones that have been reported to Chexsystems, can’t have a regular debit card. The reason is actually quite simple: since regular debit cards are linked to a checking account, if you’ve been reported to Chexsystems that means you can’t have a regular checking account, so you can’t have a debit card. The solution to this problem: a prepaid debit card like the NetSpend Prepaid Debit Card.

The reason this is possible is because the card is prepaid, meaning that you have to fund it before you can use it. Since the risk is very small for the company, they don’t bother with credit checks or verifying with Chexsystems. NetSpend offers its prepaid cards with either the Visa or the MasterCard logo, depending on people’s preferences.

Features of the NetSpend Debit Card:

• Convenience: you can make purchases wherever Debit MasterCard and Visa debit cards are accepted. You can get cash at ATMs worldwide.
• They’re safer than cash: you’re protected from unauthorized transactions if your card is lost or stolen
• You can earn 5% APY on your money with the NetSpend Savings Plan
• Free Direct Deposit: have your paycheck deposited directly on your card account
• Pay Bills Online: access your account online to pay bills and check your account history

How to reload your NetSpend debit card

• Using cash. You can load cash onto your prepaid card at some grocery stores and check cashing stores. Bring your card and the cash you wish to load to the teller or checker. Many load locations charge a small fee to load the card. Load fees will vary from Free to $5, depending on where you go.
• Reload Packs. You can also load cash onto your card by buying a NetSpend Reload Pack. The price is typically $4.95, but can vary by retailer. Once you have purchased a reload pack, log in to the Account Center to activate it. Funds are generally available on your card within a few minutes.
• Bank Transfers. You can add money to your card directly from most checking or savings accounts. Most banks do not charge a fee for this kind of transfer. The money is normally available on your card in 3 to 4 business days.
• Paypal. You can transfer money from your PayPal account to your prepaid card for free. Your money will be available on your card in 2 to 3 business days.
• Transfer from another NetSpend account. You can transfer funds from one NetSpend account to another. This can be very valuable if you have children and are using debit cards to teach them financial responsibility.

NetSpend Prepaid Visa Debit Card | NetSpend Prepaid MasterCard Debit Card

There are two variations of the NetSpend card to choose from. It really makes no difference, and is purely a matter of personal preference, and of which of those companies a retailer might have an exclusive deal with. Now as for the card itself, there are twoplans to choose from which actually are different. There’s one where you pay per transaction with no setup or monthly fee. And there’s one where you pay a $9.95 monthly fee but there are no per transaction fees. Obviously, the per transaction plan will be better suited for people who plan on using the card sparingly, as an emergency option. On the other hand, if you’re going to use this on a daily basis, the $9.95/month plan will be a better fit.

Whatever plan you choose, though, you need to be aware of the fact that there is $2.50 charge per ATM transaction.

Before you eventually get a NetSpend prepaid debit card, figure out how you plan to use it so you can choose the appropriate plan for you. It doesn’t cost any money to get the card but there’s no way around the fees once you start using it. One big fee you avoid is the overdraft fee. Since the card has to be funded in advance, you will simply run out of available money. There will not be any extra fees because you spent more than you had, because all transactions after that will simply be declined. People who have ended up in trouble with their banks because of repeated and excessive overdraft fees will certainly appreciate that.

NetSpend Debit Card Review | Prepaid Visa & MasterCard

Let’s make a long story short: the Rush Card doesn’t seem to have a very good reputation among prepaid debit cards. Most of the time, it gets low marks from reviewers because of its high fees. Yet it is successful: people buy it, and commercials for it keep airing on TV, so there must be something about it that gets people to keep using it.

Rush Card Pros

Created by Russell Simmons (a co-founder of the popular Def Jam record label), the Rush Card is marketed by the latter as a way for everyone to “achieve the American dream”. It’s one of several prepaid debit cards on the market, and certainly one of the most widely known. Its target market is people who can’t open regular bank accounts (most of the time because they’ve been reported to Chexsystems). Except for a few notable exceptions (such as a conviction for bank fraud), approval is guaranteed because there’s no credit or Chexsystems check.

You apply by giving your information, get approved, receive your card, and then you’re free to load it. You can then use that balance to make purchases online or in brick-and-mortar stores, pay bills online, get cash from over 800,000 ATMs, and generally do most of the things you can do with a “regular” debit card. One of the big draws of prepaid debit cards (especially for people looking for alternatives to checking accounts) is that they generally offer free direct deposit. The Rush Card is no exception. You can have your paycheck deposited directly on your Rush Card and avoid trips to the check cashing store as well as check cashing fees.

The Rush Card also offers a very interesting feature that makes bill paying a snap: you can write physical paper checks. To do that, you go to their website and provide them with the beneficiary’s name, address, and amount of the check. After this is done and you approve, the amount is deducted from your balance, and a physical check is sent to the payee. This is significantly better than buying money orders, but admittedly less convenient than simply paying online.

The RushCard prepaid Visa is one of only a few cards that offers an incentive for referring others to the program. Every time a friend is referred to the program and becomes an active member, the referrer will receive a $5.00 credit to his account. There’s no limit to the number of referrals that can be made.

Rush Card Cons

The biggest knock against the Rush Card is its fee structure. The fees below were accurate as of the publishing of this website. Card issuers periodically change their terms and conditions. See advertiser’s website (www.rushcard.com) for full details.

First of all, there are 2 ways to go about using it: a monthly plan, and a pay-as-you-go plan. You must pay $19.95 to activate your card. Every time you swipe your card you’re charged a $1.00 convenience fee (a convenience fee is simply a fee for using your card), capped at $10. There are also fees for ATM withdrawals (2 free withdrawals per month) and bill payments. And finally, if you decide you don’t want to use your card for a while (2 months or more) you will be hit with a $2.95 charge for inactivity. To enroll in bill pay the rush card will charge you $2.00 and then another $1.00 for every check you write from your account.

Another thing you might want to keep in mind is that while you can repair your credit with a secured credit card, that’s not the case with a prepaid debit card. So the RushCard falls short in that department.

Verdict

When looking for a prepaid credit card, the RushCard Visa is worth a look. Its pricing plans differ in their structure from other cards and it could be that it’s just the right card for any given consumer. To see how it stacks up against other prepaid debit cards, we recommend reading the reviews of Western Union Visa Debit Card, Excella Visa Debit Card, and second chance credit cards.

Rush Card Reviews | Prepaid Visa Debit Cards

In our previous post, we talked about People’s Cash Solutions second chance checking accounts and what they offer. Today’s post is going to cover another product in that same line, the Excella Visa Prepaid Debit Card. Of course, the target market is the same, as its target market is specifically those people who want a viable solution when looking for a non-chexsystems checking account to go about their daily financial activities. Because of the severity of this recession, many people who thought they would never be in such a situation now have to turn to financial products such as a prepaid debit card.

Not too long ago, because of easily available credit, people were routinely living above their means. That has come to an abrupt end, with a financial cost that has yet to be fully calculated. In the meantime, lots of people have seen their financial situation go into a nosedive, and their credit has considerably deteriorated. To cover living expenses, families have gone even further into debt, and credit scores have tanked. So of course the result of that is that many families have seen their traditional checking accounts get closed because of too many overdrafts. And that’s where solutions like the Excella Prepaid Debit Card can come in handy.

One of the things that you won’t find on this website is false claims that prepaid debit cards are the absolute best thing for you. What you have to realize is that those are products that are tailored for people with less than stellar credit ratings and who are being routinely turned down by large banks who refuse to open bank accounts for them. So if you’re in this situation, there’s going to be a cost in order to get a second chance checking account. The best way to see it is that it’s somewhat like paying a price so that in due time you can get back to having regular checking accounts. Prepaid debits cards like the Excella Visa card allow you to make secured, safe financial transactions.

Just to avoid any confusion, the Excella Prepaid Visa Debit Card is not a credit card. This means that there’s no credit extended to you, and you will never end up owing money using such a card. If you don’t have the balance in your account, the transaction simply gets denied, that’s it. As we said previously, there are fees associated with using this card, but at the end of the day it’s one of the best ways to get a non-chexsystems checking account.

So many of the transactions that we make all the time are now tied to giving a credit or debit card information. For example, stuff like ordering something online, booking a flight, and renting a car require that you give such information. This card fits the bill nad will be accepted anywhere a Visa card is accepted as a form of payment. There are additional perks;

• protection against fraudulent activities
• not having to carry cash all the time
• being able to do online banking and bill paying
• having access to ATMs
• direct deposit of your paycheck and/or social security benefits
• add money to the card to “recharge” it whenever you like

How To Use Your Excella Visa Prepaid Debit Card

Making Purchases

Like we said earlier, anywhere Visa cards are accepted (over 11 million locations worldwide), you can use your Excella card.

Getting Cash Back When Making A Purchase

You can get some extra cash when making a purchase. For example, let’s say you’re going to buy something for $30 but want to have an extra $20 in cash on hand. You can ask the cashier to charge the card for $50 and give you the extra $20 in cash. It’s pretty much like doing an ATM withdrawal without incurring a fee.

Getting Cash From An ATM

This one is pretty much self explanatory. Just keep an eye on the carges to avoid paying exorbitant ATM withdrawal charges. On a related note, you can also add cash to your card at any participating Excella Retail Reload location.

Non-Chexsystems Checking Accounts: A Little Background Information

ChexSystems is a service that is used by about 80% of the banks in the U.S. to determine who they want to open checking accounts for and who they don’t. Created by a company called eFunds, ChexSystems (often incorrectly referred to as Chex Systems or Check Systems) maintains a database of people that have in one way or another abused the banking system. In that regard, it’s similar to the FICO scoring system but the similarity ends there. There’s no Chexsystems score, and whereas you can have a good credit score or a bad one, you can’t have a good chexsystems record. You either don’t have one, or you do. And if you do, well that’s grounds for banks to flat out reject your checking account application.

You’re not going to get rejected by just one bank, though. Most likely every big bank out there will refuse to open a checking account for you if your name shows up in Chexsystems’s database.  Nobody wants to put themselves through this type of shame and discomfort, which is why a lot of people look for banks that do not use Chexsystems.

How can you get into this system in the first place? Your name can show up in Chex Systems for a number of reasons, including for having abused your debit card, having committed a fraud against a bank, or if you still you owe your bank money for an overdraft that they covered for you in the past.

Trying to get removed from Chex Systems is not easy, either. Unless there has been some sort of error whereby something you never actually did was mistakenly attributed to your name in the system, often only time itself can get you safely removed. But, that could take years, and you need a new checking account now.

The good news is that there is an alternative to getting rejected by more banks or to waiting years to get removed from Chex Systems: finding a bank or other financial institution that offers a no ChexSystems checking account. And this is what the Excella Visa Prepaid Debit Card offers.

The Excella Visa Prepaid Debit Card, A Perfect Non-Chexsystems Checking Account

People looking for a list of banks that do not use ChexSystems come from all walks of life. In most cases they have been in bad situations and they’ve had checks bounce. The banks that they held their accounts with decided to close those accounts and report the incidents to Chexsystems. So those financial problems that you’ve had in the past can potentially follow you for years. This is because ChexSystems is a company that maintains a database of all the “bad” banking clients. Since most banks do a ChexSystems check on all new bank applicants, if your name is in the system, you won’t be able to qualify for a new account.

This is what prompts most people to get online and start looking for “banks without Chexsystems“. They look because it’s common knowledge that only about 80% of the banks out there do business with ChexSystems. That leaves a big 20% of banks out there that are open to the possibility of opening a checking account for you even if you have a negative record. Depending on the bank, those accounts are called “fresh start checking accounts” or “second chance checking accounts” but they basically offer the same thing: you get to open a bank account even if you’ve had financial problems, or you have bad credit, or something similar.

You’ll find that there are lots and lots of places that promise to get you a list of banks that don’t use ChexSystems. The problem is that a lot of them are really not about to give you the exact information that you’re really looking for. But at first, let’s give this a little more thought.

ChexSystems makes its money by charging financial institutions to use its service. That means that the more banks use them, the more money they’ll make. So they’re pretty aggressive in terms of marketing their service to banks that don’t currently use them to verify new checking accounts. Conversely, some banks have realized that they lose business by simply turning down everyone with a negative ChexSystems record, and they don’t necessarily want to keep doing that. What that boils down to is that there’s a constant movement of banks signing up for ChexSystems’ service and others that are leaving it.

When you think of the number of banks that there are in the United States (close to 8,500), getting a list of banks that don’t use Chexsystems would be a colossal amount of work in the first place. And that’s only the beginning, because such a list would have to be maintained continuously in order to be accurate. That would necessitate a sizable staff and that list would probably be just too expensive to be attractive to anyone looking for a non ChexSystems bank.

So what’s left for you to do? Well there are companies that are well known for offering “second chance checking” products and services. Three of them come to mind, but there are many more.

People’s Cash Solutions: “Second Chance Checking Accounts”

People’s Cash Solutions refers to their product as a “fresh start at banking”. Here’s what their website has to say:

Have you ever been denied a checking or savings account due to past problems with ChexSystems and TeleCheck? The Peoples Cash Solutions program is the answer for you! Peoples Cash Solutions and Peoples Bank will open a real FDIC-insured checking account for you even if you have been reported to ChexSystems or TeleCheck in the past (except where fraudulent activity has been reported). We want to give you a chance to establish a banking relationship as the first step toward improving your credit record and to allow you to begin building and accumulating assets. Our Second Chance Checking program erases the inconvenience of not having a checking account and/or being forced to use fee-intensive alternatives.

Money Now Usa: “100% Approval, No Credit Checks Prepaid Debit Cards”

Money Now Usa flaunts their wide selection of prepaid debit cards with 100% guaranteed approval. You get to choose from a list of well-known companies that offer their debit cards with no credit checks and no Chexsystems verifications. There’s a small list of features and benefits next to each offering to help you decide which is best for you.

Ready Debit: “100% Approval Guaranteed Reloadable Prepaid Debit Cards”

Once again, I’ll let the company’s website do the talking:

100% Approval Guaranteed — Even if you’ve been turned away or rejected by banks you can still get a READYdebit card. We have no credit or Chexsystems checks to worry about. Our only requirement is that we can validate the information you provide to us when you open your account. We do this instantly online while your application is being completed to make the sign-up process fast and easy!

“Can I Get A List Of Banks That Don’t Use ChexSystems?”