Bank of America lets you open an account online in about 10 minutes. Www.bankofamerica.com/onlinebanking choose click on "Enroll Now " then "open account.
Most of the Internet banks usually don’t require a credit check to open a new account with their bank. Usually all that is required is the applicant’s personal information such as home address, social security number and date of birth. After the checking account is opened, you can start making deposits and withdrawing money from the account.
Internet checking accounts work great with direct deposit but if you can’t do that, you would need to mail your paychecks to the bank and then wait for it to clear before you can access the money. These banks may also charge added fees to use ATM machines and for ATM withdrawals. These online institutions have a low risk level because their profit margin is much higher than the local brick and mortar banks.
That is why they can charge more to the customers who aren’t able to get checking accounts with their bad credit. There are two Internet banks that have proven to be legitimate and they do not do credit checks on applicants. One is ING Direct and the other is called Second Chance Checking program that is run through Household National Bank.
Hope this helps you find a bank you can work with. :-).
The banks are that have checking accounts without credit checks (without quotes):. The Banks are the recipients of NAIOP's 2012 Impact Award!
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