Open a New Bank Account
When you open a new bank account, the banks will go through a credit check or another form of a background check to make their decision about opening a bank account for you. They go through a regular credit check, or they will run through Chex Systems. If your name is on Chex Systems, then you should be expecting to get denied a new bank account. Although there are a lot of banks out there that have bank accounts for people with a bad banking history, the vast majority of banks will flat out deny you on the spot.
Now a days, you can open a new savings or checking account from the internet. There are also online banks. These banks that have online bank accounts are known for having better interest rates and deals than other traditional banks. Some of these are ING, HSBC, Ally Bank, and more. They have great interest rates for bank accounts, and there are also online checking accounts that are interest bearing. That is right. You can get a checking account that earning you an annual interest rate.