Checking Account Alternative

I've never heard of that particular company, but I know that in a grocery store in my town they have a coinstar machine that offers basically the same type of thing...I don't know of anyone who has ever used it, but watch out for the fees.

Wal-Mart will cash checks in some states. $1000.00
for about $3.00.

Thanks. I am thinking about doing it but was just curious as to if anyone else has used it.

A lot of those charge quite a bit in fees.

My Etrade account comes with a Visa debit card, and they reimburse you for ATM fees. (Target has Etrade atm though, so if I need an ATM I try to go to target)

$10 a month since my balance is under $1000, but that's all I have to pay out of pocket...

Hi,

I have not only heard of it, but I have my online chekcing account through them. I could not get a traditional checking account with any one. Then I saw these guys. Its great. Works just like a checking account with ATM card, direct deposit of paycheck, and theres no credit check. Type the 3 w's and then accountnow and then put the dot net behind it. Enter this Promotional Code: 50010060064. Then they will set u up. Any questions, please pm me.

Thanks,
james

James, out of curiosity, do you get check writing privelages also or just an atm card? Do you get a debit card as well?

yes you do, what happens it on line you set up your automatic bill pays. The service sends a paper check, just like a bank draft check. It comes out of your chekcing account. I have one set up to pay my rent, and will set up more like this later. My credit cards are set up where they pay them electronicly. I just paid merrick credit card, and target this way and I checked those accounts online and it is really thre. I got a ATM card that works just like anyother ATM card with your pin and all good anywhere. I can see everyting online, everything that happens with this account, i even have it set up where they send me text messages everyday of balance, who was paid. etc. I found this site by a mirialce. it really works. If you do open an account with these guys, please use Enter This Promotional Code: 50010060064

james

This sounds like the "pay cards" we have where I work. A lot of our guys can't get checking accounts. But from a bank, we give these guys an application for what we call a "pay card". Their paychecks are automatically deposited on the card. They have access to it through ATM machines and what-not. I believe it works the same as what you're talking about. They love it. No worries and your money is there.

James, are there fees for this?

yes they are fees just like any checking account but I think they are cheaper. If and when you go to this site, it will explain it to you. My monthly fee for my checking account with no min. balance is $9.95 a month. Its not really a pay card or a load card. It is a real checking account with a ATM card. Check it out and please Enter This Promotional Code: 50010060064. Give it a try.

thanks,
james

james, just curious. Why do you keep saying to enter the promotional code???

They give you this promotional code after you are a member of this chekcing account service to use, if you want, to earn rewards, just like any other bank. It is not nessacaray for any one to use it. Again, this is a real working checking account and ATM card and it is working very well for me. I see no reason for this not to work for anyone else. Again, that code is something they give to you as a reward and any member has their own to use if they want to. This is a real site and I encourage all that need a checking account that cant get a traditional checking account to at least explore their web site. Remember people, I am in the same boat as you. I have two defaulted pay day loans, and a very serious over drawn closed checking account and am scared as anyone else. I found this checking account service after much prayer and just want to share it.

Thanks and All the Best,
james

So James, I take it that they don't check Chexsystems? Sounds like a good alternative!

There are also a lot of banks out there that don't use chexsystems. Don't think that you can't get a checking account just because you've been told you can't.

There are banks that use credit reports, telecheck, or nothing at all the verify new accounts. If you want help finding one in your area, just PM me with your state and I'll help you find a bank.

I have not examined the checking site listed but with all the free checking account offers 9.95 per month is actually a high fee. If they cater to high risk customers it might be worth it though. Another option that might work is to open a savings account only. You would not be able to use ATM cards or write checks but you would be able to deposit and cash pay checks for free. You could probably even do automatic payments out of them just like checking. One negative is you would have to get money orders to pay bills that did not accept automatic payments.

Yeah, $9.95 a month is high . . . My point is that just because you are on chexsystems and have been told you can't open an account you still can. You can get a normal account, with no monthly fees. There are quite a few banks that don't use chexsystems . . . . You just have to do a bit of research!

If anyone wants info on a bank in their state, just PM me with the state you want and I'll send you some info . . . .

Just another idea - if you want check writing privileges, check out Washington Mutual on line. I was able to get an account with them with no problem. You can open a checking account with check writing privileges, and it's free checking with no minimum balance.

Does Washington Mutual use Chex systems?

Yes, they do . . . But sometimes you can still get an account, depending on how old the item is, and whether or not the item is paid.

I don't think so. I'm sure I'm on it as well as having bad credit and was appproved within 5 minutes.

Thanks, Goudah, for correcting me on that point. As stated, I'm pretty sure I'm on Chex Systems but, as Goudah said, was still able to get a checking account through them.

Yeah, depending on how many new accounts they "want" they can change the paramaters for what reports show up. Meaning if they decide they will open an account for anyone that has paid their item, or has a report older then 1 year, they can filter it so only reports show that don't meet those qualifications.

Usually when you apply online they will do a soft pull of your credit just to verify id. They will approve you on that. But then within a week or so a real person will review the account and run the chex report. So if you are on chex and do apply to a major bank online and get approved, it's best to only fund the minimum amount for about a month, just to be on the safe side. Sometimes they will find the chex report and close the account on you.

But some banks are so desperate for new accounts that they "lower" their standards, expecially with the online applications.

Dbaker - It could be you don't really have a chex report, that the bank filtered it out, or that they didn't even run it. If it's a new account (less then a month) I'd be careful and not put a ton of money in it. Once you pass the month mark you should be safe.

Goudah, my pm's aren't working. I live in WI, and I need to get a new bank account for my fiance. Are there any banks you can suggest that don't use ChexSystems. He has overdrafts that we can't pay right away at his old bank.

Joshua - I sent you a PM and an email with the info . . . . Let me know if you don't get one of them.

No, nothing yet. Checked my yahoo account and my pm. :(

Really? That is very strange . . . . Is your PM box full? That would make sense why you aren't getting a pm, but the email should go through . . . It would be from a hotmail account.

No, my PM box isn't full. I've doubled checked it. It is weird too, but I only saw one PM received and it ended up on "My Page".

This is all really good information and I am glad to be a part of this. I myself tried to open a checking account recently, and could not becasue I got on checksystems really fast. I called alot of places and still now. Like I have been saying here, this account now was just what I needed, for me. Maybe it will for you too. Good Luck.

thanks,
james

Hi Joshua,

Since you have registered in the website twice, you are having problems with your PM. I am getting the problem fixed asap. Sorry for the inconvenience caused.

Regards
Mike

Wachovia is another bank to look into. You can open a new account online. :D

That is where I am looking at opening. They dont' use chex or credit. But, they aren't around me either. But, if worse came to worse I could go the 45 miles on Sat and bank if I had to. that is the closest one to me but it might be my only alternative!

At least it's an alternative! Hell, it's a bank account! Maybe you won't need to actually GO THERE a lot. If you get checks, an ATM card, direct deposit, then wouldn't that be okay? Although I see where you're coming from if you wanted to make a deposit. Oh - well, you could the ATM machine for that, too, couldn't you? I'm just trying to help here, bflow!

Thanks Cannr. I did it , I just got back from depositing at Wachovia... I have a bank account!!! With direct deposit I really don't need a local branch since I have a savings account at the credit union...so, if I have a check to deposit I can mail it to Wachovia or just put it in savings. That's the goal anyway, right, to eventually get money in savings!!! Something I've never gotten accomplished up til this point..THANKS EVERYONE FOR ALL THE GOOD ADVICE!

YAY! :D Good news, finally!!! You have a bank account! Oh, bflow, I'm sooooo happy! Now, can you tell your other bank to take a flying leap? Is everything going to be okay this week? Like NO pdl debits this Friday? Oh, please say yes! I'm so excited!

Wow, that is really cool!!! I am so glad everything worked out for you in the end! You had a lot of us worried and rooting for ya!

Hooray! I am glad that you got an account opened!!!! cannr and bflow, I hope you are both well. I have been thinking of you!!!

Thanks, sass! We're here! LOL! Where else would we be? You guys are my only friends! LOL!

:D Likewise!!!!

Congrats Bflow - I'll still keep my eyes open in case i see another bank that could work for you. That way you will have some options if you ever decide you need another account.

congrats. all this gives me goosebumps

james

Sass & Cannr, DITTO!!
No more PDL debits from my paychecks!!!! I am excited too!!

YAY for paychecks!!!! They are SO much better when we at least get to SEE them before we pay our bills with them!!!!!!!!!!!

Oh, bflow, you're not going to know how to act when you actually have money deposited into your account and no pdl debits. It's so sad to say. But I was actually AMAZED the first check I got deposited and there were NO debits from it. I about cried. I could pay my rent, I paid my bills, I actually bought groceries and put gas in my car and bought a toy for my dogs! It's really, really sad to think of how long we let these debits go on. And I'm going to be thinking of you on Friday because you will be so happy and so sad at the same time. I'm so glad for you. I was dreading every one of your paydays because I knew those stupid debits were coming out. This Friday will be a day to remember!

I'm getting tears in my eyes again!! I remember how good it felt to have that first paycheck back and be able to pay my rent on time etc. Congrats Bflow...I may look at that bank too as a back up in case this one goes south...I'm so happy for you!!!!

I know. I can't wait to have some money left after we pay bills, etc. We've been going on $200 bi-weekly for the both of us for gas, food, etc. and 3 kids. It has been so tight. I was feeling like I was crawling out of a hole and every time I could get my fingers to the edge to pull myself out, someone bashed me with a shovel to knock me back into that hole!! I have picked up a part time job as well to get other issues resolved, it's tough to work a regular full time job much less a part time, I don't know how so many people do it year round, it sucks!

Yeah, I know how you feel about climbing out of the payday loan hole, and it does suck! But things are getting better though! I keep on telling myself that too. But it so hard and takes so long, it seems sometimes. It used to be where my fiance and I could afford to go to dinner every weekend, go the bars every weekend, go out and do karaoke every week, a couple of times at least, movies, etc, and have after bars, and pay everything on time, with even some to pay extra on bills too...now we are just barely getting by, but the bills are going down slowly.