Online banking platform in English and Spanish


Insider experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page.

Advantages and disadvantages

Annual Percentage Yield (APY)


Minimum deposit amount


Annual Percentage Yield (APY)


Minimum deposit amount


  • Bank on certified bank account
  • No minimum opening deposit
  • No monthly service fees
  • No credit check
  • No overdraft fees
  • Advance direct deposit
  • Application entirely in English or Spanish
The inconvenients
  • $1 out-of-network ATM fee
  • Limited customer service
More information
  • Access to 30,000 ATMs at no extra charge
  • The daily checking account serves as a second chance bank account, so it will not allow you to withdraw from your account
  • NCUA insured by US Alliance Financial

The Dora Financial Daily Checking Account from Dora Financial is a great choice if you are looking for a free checking account online. The account is Bank On certified, which means it meets the nonprofit program’s requirements for low costs and low fees.

It also serves as a second-chance bank account, so your banking history won’t affect your ability to open an account.

How Dora Financial Works

Dora Financial is an online banking platform with a free Bank On certified current account. You can open an individual or joint account.

Dora Financial is sponsored by five organizations: Affinity Plus Federal Credit Union, Digital Federal Credit Union, Inclusiv, Service Federal Credit Union, and USAlliance Financial.

Customers have access to more than 30,000 ATMs through the USAlliance Financial and SUM ATM networks.

Customer service is only available via the banking platform’s mobile application or by email. If you prefer to call customer service, you may consider another banking platform.

Dora Financial’s mobile app is rated 4 out of 5 stars in the Apple Store and 3.9 out of 5 stars in the Google Play Store. The platform mobile is available in English and Spanish which is a unique advantage.

Dora Financial’s current account is federally insured by USAlliance Financial. You can securely store up to $250,000 in an individual bank account.

Reliability of Dora Financial and BBB rating

USAlliance Financial – through which Dora Financial is audited federally – has not been implicated in any recent public scandals.

We also include scores from the Better Business Bureau, which rates businesses on how well they respond to customer issues.

USAlliance Financial is rated A- by the BBB. It doesn’t have an A+ because it didn’t respond to a customer complaint.

A good BBB rating is not necessarily the be-all and end-all. To see if Dora Financial is right for you, contact current customers or read customer reviews online.

Dora Financial vs. OneUnited

OneUnited is a black-owned bank. Branches are located in California, Florida, and Massachusetts, but you can open an account online if you don’t live in one of those states.

Below, we’ve reviewed OneUnited and Dora Financial, so you can figure out which might be best for you.

Dora Financial and OneUnited both get a second chance to verify with early direct deposit.

You might lean more towards Dora Financial if you don’t want to make an initial deposit or want an app that’s also available in Spanish.

If you prefer to open a savings account or multiple bank accounts, OneUnited Bank will be the most compelling choice. Dora Financial currently only offers an online checking account.

OneUnited might also be a better choice if you want savings tools. The bank’s checking accounts have an auto-save feature, which allows you to round up debit card purchases and deposit the extra change into a savings account.

Dora Financial vs. Liberty Bank

Liberty Bank is a black-owned bank with branches in AL, IL, KS, KY, LA, MI, MO and MS. The bank also has online accounts that can be opened from anywhere in the United States.

Find out how Liberty Bank partners with Dora Financial.

If you are looking for a checking account with low bank fees, the Dora Financial Dora Financial Daily Checking Account is a no-fee account. There are no monthly service charges or overdraft fees.

Liberty Bank’s personal checking account may not be as easy to manage as Dora Financial’s checking account, as you will need to keep at least $500 on hand to avoid a $10 monthly service fee.

However, Liberty Bank might be more compelling if you want to earn interest on a bank account. The bank’s CDs pay higher rates than most physical banks. Meanwhile, the Liberty Bank Personal Savings Account has rates that vary by region.

Frequently Asked Questions

Dora Financial is a banking platform with an online checking account.

Dora Financial is sponsored by five organizations, including Affinity Plus Federal Credit Union, Digital Federal Credit Union, Inclusiv, Service Federal Credit Union, and USAlliance Financial.

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