The Best Second-Chance Bank Accounts of 2022 Utah

Best Second Chance Banks & Credit Unions in Utah

Nowadays, it can be really hard to find a bank that doesn’t use credit reporting agencies in Utah. But have no fear! Other options might be even better. A second chance bank account is a version of a standard checking account offered by a financial institution that doesn’t work with a credit reporting agency like EWS or ChexSystems. The bank can still check your history, but because it is a second chance bank, it offers an account with a slightly higher monthly payment.

At the end of the day, it’s not about giving out a loan or mortgage, but about letting you manage your funds!

Editor's Choice


Chime is a fast-growing internet-only bank. Unlike big banks, Chime was created during the smartphone era and, therefore, features an app that is more than just a way for customers to review their bank accounts.

Features and Benefits:

  • Free Visa® debit card
  • Free online banking and mobile banking/deposits
  • No monthly account balance minimums

Why is it recommended for you?

Chime accepts all customers who apply. Even if you have bad or poor credit or have been blacklisted by ChexSystems or credit bureaus.

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Excite Credit Union

Excite Credit Union services 400+ enterprises, their families, and members in many counties in California and North Carolina. This credit union is so involved in the communities they serve that they even organize and support various charitable activities.

Those who have been denied a checking account in the past may receive a new start with Excite Credit Union’s Fresh-Start Checking account. A $15 monthly charge is required, and it cannot be canceled; neither can the $50 opening deposit. However, you will receive a Visa debit card for free, there are no ATM fees while using in-network ATMs, and you will receive four free out-of-network ATM withdrawals each month.

Cyprus Credit Union

Cyprus Credit Union uses ChexSystems to screen new applications, but they also provide a second chance checking account to assist individuals who are rehabilitating their credit history.

To create a Fresh-Start Checking account, you must deposit $25 and pay a $5 monthly fee. Unlimited check-writing is included, as well as free online bill pay and online banking. With Cyprus Credit Union, if you maintain your savings account in the black for a year, then you may switch to a regular checking account without penalty.

Salt Lake City and West Valley are home to Cyprus Credit Union’s physical branches. Residents of Salt Lake City who are not linked to an existing member, or who work for a partnership firm, are not eligible to join. Membership in the Community Recreation Association is also open to anybody in Utah who donates $5 to the organization.

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