Skip to main content

barsMenu

times
map-marker-altLocations | ATMs
times
Happy couple dancing together in the kitchen
Happy couple dancing together in the kitchen
Happy couple dancing together in the kitchen
Happy couple dancing together in the kitchen
Happy couple dancing together in the kitchen
Happy couple dancing together in the kitchen
Happy couple dancing together in the kitchen
Get a Second Chance with WaFd Bank

Fresh Start Account

If you've been denied a bank account in the past, Fresh Start* helps you get back into the banking system with a low, consistent monthly maintenance fee. Say goodbye to check cashing fees and high transaction fees so you can start saving and fast track your financial goals.

Get everything you need in one place

  • Only $25 initial deposit to open
  • $4 monthly maintenance fee
  • Access to online and mobile banking
  • Person-to-person payments
  • No minimum balance requirements
  • No extra debit card restrictions
  • No overdraft or Nonsufficient funds fees
  • After building a positive account history, upgrade to a traditional checking account
Mother and daughter smiling at each-other while painting

* Fresh Start account is available to individuals who are unable to open a traditional checking account due to a negative ChexSystems® report, if the account(s) reported to ChexSystems are not classified as fraud and have been paid in full. Customers must maintain their Fresh Start account in good standing. An account will be deemed "not in good standing" if any combination of two (2) or more ACH or debit card transactions are presented that would cause the account to become overdrawn if paid. If this occurs, the debit card may be deactivated, and WaFd Bank may deem the account must be closed. Customers who maintain their account in "good standing" will be eligible to access other products and services shortly after the 12-month anniversary of the account opening date. This account is excluded from any "new checking" promotion that may be occurring at the time of account opening.

Man relaxing at home, drinking coffee and using a smartphone

What to Do If You Can't Open a Bank Account

Frustrated that you can't open a bank account? Learn why this happened and what you can do to open a Fresh Start account at WaFd Bank.

See all Banking 101 Articles arrow-right

Read Fresh Start Article

* Fresh Start account is available to individuals who are unable to open a traditional checking account due to a negative ChexSystems® report, if the account(s) reported to ChexSystems are not classified as fraud and have been paid in full. Customers must maintain their Fresh Start account in good standing. An account will be deemed "not in good standing" if any combination of two (2) or more ACH or debit card transactions are presented that would cause the account to become overdrawn if paid. If this occurs, the debit card may be deactivated, and WaFd Bank may deem the account must be closed. Customers who maintain their account in "good standing" will be eligible to access other products and services shortly after the 12-month anniversary of the account opening date. This account is excluded from any "new checking" promotion that may be occurring at the time of account opening.

WaFd Bank Fresh Start BankOn Certified

BankOn Certified

WaFd Bank's Fresh Start Account is BankOn Certified.