 TITLE: Why Was I Denied a Checking Account? CONTENT: Exploring a Second-Chance Checking Account\n------------------------------------------\nIf you're unable to open a traditional checking account, you might want to consider a so-called second-chance checking account. These are accounts offered to people who have been denied a standard checking account, and they don't use ChexSystems to qualify customers.\nSecond-chance accounts work much like standard checking accounts and can help you improve your banking history over time so you can apply for a traditional checking account in the future. However, they may have higher monthly fees, a required minimum balance or other requirements. In addition, second-chance accounts don't always offer certain benefits of standard accounts, such as overdraft protection, checks and access to direct deposit. Even with these limitations, however, the benefits of a second-chance checking account—mainly, helping improve your banking history—may outweigh the costs. END