Yes, you can open a Best checking account if you meet their basic requirements

Best Bank (the online division of CURO Bank) offers checking accounts to people who are at least 18 years old, have a valid Social Security number, and can provide a government-issued ID. You do not need an existing relationship with the bank, and you can complete the entire process online from your home. The account opens within one to three business days in most cases.

Best Bank does not use ChexSystems, the banking history database that many traditional banks check before opening an account. This means if you have been denied elsewhere due to a closed account or overdraft history, Best Bank may still accept you. However, they do run a soft credit check and verify your identity through a third-party service.

Key Takeaways

  • Best Bank checking accounts open online without a branch visit, and you need only a valid ID, Social Security number, and proof of address.
  • The bank does not screen applicants through ChexSystems, so a history of overdrafts or closed accounts at other banks does not automatically disqualify you.
  • You must fund the account with an initial deposit, typically $25 or more, though the exact minimum varies by account type.
  • Best Bank charges monthly maintenance fees on most checking accounts, so review the fee schedule before opening to understand what you will pay.

What you need to have ready before you start

Gather a government-issued photo ID (driver's license, passport, or state ID card), your Social Security number, and proof of your current address. Best Bank accepts utility bills, lease agreements, or bank statements dated within the last 60 days as proof of address. If you do not have a recent document, a government-issued ID with your current address printed on it will work.

You will also need a funding source. Best Bank requires an initial deposit to open the account, usually $25 or more depending on which checking product you choose. You can fund it with a debit card, another bank account, or a wire transfer. Have that information ready before you begin the online application.

The step-by-step process to open your account

Go to Best Bank's website and select the checking account product that fits your needs. You will answer questions about your personal information, employment status, and annual income. The bank uses this to verify your identity and comply with federal banking regulations. Be accurate — mismatches between what you enter and what the verification service finds can delay approval.

Next, you will upload or photograph your ID and proof of address. Make sure the documents are clear and fully visible. Best Bank's system will read these automatically, so poor lighting or blurry images can cause the upload to fail. If the automated check does not work, a staff member will review your documents manually, which adds one to two business days.

Once your identity is verified, you will set up your login credentials and choose your account settings. Then you will make your initial deposit using the funding method you selected. The account is typically active within one business day, though it may take up to three. Your debit card ships separately and arrives within five to ten business days.

Monthly fees and what they cover

Best Bank charges a monthly maintenance fee on most checking accounts, typically between $5 and $10 depending on the account tier. Some accounts waive the fee if you maintain a minimum balance (often $500 to $1,000) or set up direct deposit. Review the fee schedule for the specific account you are considering, because the cost varies.

The account includes basic features: online banking, a debit card, bill pay, and mobile check deposit. Overdraft fees apply if you spend more than your balance, usually $35 per transaction. Some accounts offer overdraft protection, which links to another account or a line of credit to cover shortfalls, though this may carry its own fees.

What happens if your application is denied

Best Bank may deny your application if the identity verification fails, if there is a mismatch between your application and your credit report, or if you have an outstanding debt with another bank. If this happens, the bank will send you a notice explaining the reason. You can contact Best Bank's customer service to ask whether you can reapply or provide additional documentation.

If you are denied, you have other options. Some credit unions and community banks have less stringent verification processes. You can also look into second-chance banking accounts, which are designed for people with banking history issues. These accounts often have higher fees but are easier to open.

How to fund your account after it opens

Once your account is active, you can add money through several methods. You can transfer funds from another bank account using ACH (Automated Clearing House), which typically takes one to three business days. You can deposit checks using mobile check deposit through the Best Bank app. You can also receive direct deposits from your employer or government payments like Social Security.

Best Bank does not have physical branches, so you cannot deposit cash in person. If you need to deposit cash, you can use a third-party service like MoneyLion or a partner bank if Best Bank has one in your area. Check their website for current cash deposit options, as these partnerships change.

Frequently Asked Questions

Do I need a minimum balance to keep my account open?

Most Best Bank checking accounts do not require a minimum balance to keep the account open, but some accounts waive the monthly fee only if you maintain a certain balance. Check the specific account terms before opening. If you fall below the threshold, the monthly fee applies.

What if I do not have a proof of address document?

If your government-issued ID has your current address on it, that usually works. If not, contact Best Bank customer service before applying. They may accept alternative documents like a recent tax return, insurance policy, or letter from your employer.

How long does it take to receive my debit card?

Your account opens within one to three business days, but your physical debit card ships separately and typically arrives within five to ten business days. You can use your account for online transfers and bill pay before the card arrives.

Can I open an account if I have been denied by other banks?

Possibly. Best Bank does not use ChexSystems, so a history of overdrafts or closed accounts elsewhere does not automatically disqualify you. However, they do verify your identity and may decline if verification fails or if you have outstanding debts with other financial institutions.

What happens if I overdraft my account?

Best Bank charges an overdraft fee (typically $35) for each transaction that exceeds your balance. Some accounts offer overdraft protection, which can prevent fees by linking to another account or credit line. Review your account terms to see what protection options are available.