Second Chance Checking Accounts

Best 5 Second Chance Checking Accounts in Florida

Second Chance Checking Accounts are popular amongst 535,500 homes in Florida because most of the population does not own a state bank account, making it difficult to conveniently pay for services and goods online and via mobile applications. 

Check-cashing fees, prepaid cards, and payday loans are considered some of the biggest rip-offs. Fortunately, credit unions and a few banks in Florida offer the service of a second chance checking accounts. You no longer have to wait several years if your account is rejected due to a poor score on ChexSystems.

The first and foremost step is to find a bank or credit union in Florida to fit your requirements. It needs to eliminate the hassle of having no bank account while benefiting from several financial advantages. 

A few of Florida’s best second-chance banks and credit unions are listed below based on the lowest charges, unmatched features, acceptance rates, and several other benefits. Pick the best one for you and open an account today!

Best Second Chance Checking Accounts

1. Chime – The Top Pick

Chime is a top choice for second chance checking accounts as it is a rapidly growing online financial company. The app has a 5-star rating with over 300,000 satisfied customers.

The acceptance rate is high as the company accepts almost every applicant regardless of them having a poor credit score or being blocked by credit bureaus. 

Chime’s unique features include:

  • Smart Technology offers mobile and direct deposits.
  • Online payment.
  • No annual or monthly fee.
  • No minimum balance is required.
  • No overdraft fee.
  • No credit check is required.
  • No ChexSystems.
  • Deposit cash free of charge at over 8,500 Walgreens stores.
  • Excellent customer care.

Owing to the latest technology and unmatched features, your card can be deactivated instantly with the help of the mobile application in case it gets misplaced.   

Chime always places its customers first and offers a ‘round up’ option with a free Chime savings account on which the company pays an annual yield of 0.50% in interest. You can receive your paycheck two days earlier with the direct deposit feature. 

With Chime’s recently launched Credit Builder credit card, you can build your credit without additional charges, interest, and annual fees.

2. Lili – For small businesses 

Lili is custom-designed for sole proprietors, freelancers, and independent contractors, approving accounts within 2 to 3 days or even hours. 

The banking services offer a Visa debit card and a checking account with no minimum balance requirement, no initial deposits, no credit checks, no hidden charges, and no ChexSystems. 

Following are Lili’s additional features which make getting an account easy:

  • Free of charge Business Visa Debit Card.
  • User-friendly mobile application with a deposit option.
  • No requirement for a minimum balance.
  • Zero NSF fee.
  • No ChexSystems or credit checks.
  • Direct deposit funds are received 2 days earlier as compared to other banks.
  • Countless free-of-charge fee transactions.
  • Quick application process.

Financial Management Tools

With the help of the Lili Smartphone application, you can access financial management tools to keep your personal and business expenses in check. Additionally, receipts to transactions can be added, your spending in real-time can be kept track of, and expense reports can be downloaded.


Lili’s ‘buckets’ feature permits you to set aside money as savings in a savings-titled account. There are several categories for this, such as ‘Tax Bucket,’ which allows you to deposit and save money for tax expenses in the future. Changes and adjustments to the account can be made along the way.

Another category is the ‘Emergency Savings Bucket,’ to which a minimum amount can be automatically transferred daily.

Advantageous for Most

Lili’s banking services best suit small businesses offering a no-minimum balance account at zero extra charges. With the mobile app’s high-tech features, your personal and business expenses can be easily identified and separated for tax and accounting purposes.

There, however, remain a few drawbacks, such as not being able to set up an account with only an employer identification code. Mobile check deposits cannot exceed $6,000 each month, and depositing money at Green Dot spots can be expensive as it costs about $4.95. 

Lili Pro

A new range of features recently introduced by Lili is known as Lili Pro, priced at $4.99 monthly. This includes a no-fee overdraft of about $200 on debit card purchases and limitless app invoicing. Expenses can be tracked with users receiving a 1% APY on their savings account balances. This newly introduced version additionally offers cash back when purchases with over 14,000 merchants are made. The Lili Standard version can be upgraded to the Lili Pro later.

Application Procedure

Your account can be set up online, after which you will receive instant approval if you’re a freelancer, whereas a sole proprietor or single-member LLC’s approval may take a few days.

Deposits to your account can be made via direct deposit, mobile check deposits, ACH transfer, or by linking your PayPal, Cash App, or Venmo accounts.

3. Chase Secure banking

Chase Secure Banking has over 4,800 outlets and 16,000 ATMs across the country. The following are the top features of this account:

  • No ChexSystem.
  • No credit checks.
  • No minimum balance or deposit is required to open an account.
  • Zero overdraft fee.
  • Access to over 16,000 ATMs.
  • Free online bill payment.

Well-reputed Mobile App

With the Chase Mobile app, you can access your account 27/4 on iOS or Android. The app is highly rated, earning a 4.8 rating on the Apple store and a 4.4 on the Google Play store. 

With their highly-rated mobile application, you can easily deposit cheques, transfer payments, send cash via Zelle, receive alerts and notifications, and block your card if it has been misplaced or stolen.

The financial management tools added to the app help you gain personalized insights while being able to keep track of your credit score for free. Customers are mentally at peace with the bank’s Zero Liability Protection if any suspicious activity or unauthorized transaction is observed. 

Banking with the Best

Using the card for 10 purchases in 60 days will earn you a cash bonus of $100. The monthly service fee of $4.95, however, cannot be waived, but this doesn’t usually pose to be a problem for customers. Chase Secure Banking offers no overdraft services, as you can only spend the money you have in your account.

Setting up an account with Chase only takes a few minutes, and your Chase Secure card will be issued to you within a couple of days.

4. Acorns

Acorns offer both a checking and savings account, making it easier for long-term investments. The financial services company does not require a ChexSystem or a credit report history to approve an account. Acorns Spend is a popular Second Chance Checking Account as it offers extraordinary benefits and services, competing with renowned banks nationwide. 

Their user-friendly mobile app makes managing your budget and expenses much easier. With Acorns, you can round off the amount on each purchase to automatically transfer the remaining amount to your savings account. The procedure for a checking, savings, and investment account is quick and simple, taking only 2-3 minutes. 

Following are Acorns’ top features:

  • Issuance of a Visa debit card for free.
  • No interbank free transfers.
  • No credit checks or ChexSystems are required.
  • Insured by FDIC.
  • No minimum balance is required for the overdraft fee.
  • ATMs across the nation.
  • Free of cost mobile check deposit.
  • Free of cost cheque sending online or via the app.

The $3 fee charged each month is covered by the several benefits included with the Acorns account and the ATM fee reimbursement. To receive the $75 bonus, set up Acorns Spend as a direct deposit with your employer and get up to two direct deposits worth $250 each.

5. Current

Online national banking services have grown to be the fastest checking account for those who want to minimize costs and have some great features to offer.

Currently does not use ChexSystems or review your credit report to activate new lines of credit. The application procedure only takes a few minutes, and the service has a high acceptance rate.

The incredible features offered with a Current account are:

  • No initial deposit is required.
  • Zero minimum balance.
  • No fees are charged across 40,000+ ATMs nationwide.
  • Earn 4% interest on $6,000 balance.
  • 24/7 customer support.
  • User-friendly mobile app.
  • Transfer or send money immediately for free.
  • Receive your paycheck 2 days early with the direct deposit option.
  • Draw up to $100 with Overdrive ™ at no overdraft fee charges.
  • Earn unlimited cash-back points.

Current banking service offers a unique feature that cannot be found anywhere else in the market. The ‘Gas Hold Removal’ element allows instant refunding of a gas hold so you can easily access all your funds.

The FDIC-insured deposits could be made to the highest amount permitted, i.e., $250,000.

Final Thoughts 

Whether you opt for banking services or a credit union, building a thorough banking relationship takes time but simultaneously helps with the growth of your finances in a safe place to conduct day-to-day transactions.

Second Chance Checking Accounts are great options for consumers struggling with deposit accounts, involuntary account closures, and negative balances. Financial institutions offering these accounts overlook past errors and help individuals with budgeting and money management by offering basic financial management tools to provide a clear insight.

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