2nd chance banking has become a more and more popular option these days for us Chexsytems victims, but it’s also become more popular for many banks to take advantage of us with high fee’s and account limitations.

So here’s a quick tip that should keep you away from the predatory banks that you’ll often hear horror stories about…

Tip: While just about every bank with 2nd chance checking will indeed charge you a monthly fee, don’t fall prey to overpaying. The usual fee’s range from $7-$10 a month to maintain a checking account with most second chance banks, but don’t pay more than that. I’ve seen banks charge up to $25 a month! There are plenty of options here, so don’t fall prey to these predatory banks.