ChexSystems Free Consumer Reports to Check Your Banking History

ChexSystems consumer reports provide a record of your banking history that is used by some banks and credit unions to verify your financial background when you apply for new bank accounts.

ChexSystems is a consumer-reporting agency that is governed by the federal Fair Credit Reporting Act and other laws.

ChexSystems reports are similar to your Credit Bureau Reports, but these consumer files are specifically focused on your banking history.

You are entitled to your Free ChexSystems Report at least once a year and also if you are denied for an account from a bank or credit union that used ChexSystems in the decision process.

It’s a good idea to check your ChexSystems report at least once a year to make sure all of your information is accurate.

ChexSystems consumer files contain information on any mishandled accounts, credit inquiries initiated by you or by outside institutions, returned checks or collection accounts initiated by retailers, a history of your check orders, and a social security number validation.

There’s always a chance your ChexSystems report could contain false information or inaccurate details, so it’s a good idea to check your file, especially if you have recently been denied when opening a bank account.

You can also Dispute Your ChexSystems Report if it contains inaccurate information or add a consumer statement to your file to further explain any situations within your ChexSystems report.

Order your free ChexSystems report at least once a year to ensure the consumer file on your banking history is accurate.


  1. says

    We recently received an email from a customer who applied for a new bank account in order to receive a cash bonus and was denied by the bank, because their ChexSystems report showed that they had opened multiple new accounts recently.

    The interesting thing is that the customer service representative for the bank specifically stated that the customer was denied due to the multiple accounts being opened, because the bank is trying to avoid “professional” bank bonus applicants.

    I don’t want to name the specific bank, but they were offering a cash bonus to open a new account, yet they denied a new customer, because that customer had taken advantage of too many cash banking bonuses recently, according to their analysis of the customer’s ChexSystems report.

    This seems sort of ironic, but it’s interesting to know that some banks are specifically trying to avoid bank bonus seekers, while other banks will gladly take your business, even if you are a “professional” banking customer just trying to get some extra cash.

    If anybody else has had this experience, please leave a comment letting us know about your experience.

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