Chime Spending Account and Visa® Debit Card

Chime® is a new award-winning mobile app designed to help people lead healthier financial lives and automate their savings. With Chime, you get a Chime Visa® Debit Card and an FDIC insured deposit account that can be managed entirely from your smartphone, plus a Savings Account that helps you save money without thinking about it.

  • Your deposits are insured up to $250,000 through The Bancorp Bank or Stride Bank; Member FDIC.
  • Visa's Zero-Liability Policy protects all unauthorized purchases.*
  • 60K+ fee-free ATMs at convenient locations like Walgreens, 7-Eleven, CVS and more
  • Real-time alerts for every banking transaction.
  • Automatic Savings takes the effort out of saving.
  • No minimum, monthly, or overdraft fees.˜
Disclocures: Chime is a financial technology company, not a bank. Banking services and debit card provided by The Bancorp Bank, N.A. or Stride Bank, N.A.; Members FDIC. Credit Builder card issued by Stride Bank, N.A.

Out-of-network ATM withdrawal fees may apply except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM.

There's no fee for the Chime Savings Account. Cash withdrawal and Third-party fees may apply to Chime Checking Accounts. You must have a Chime Checking Account to open a Chime Savings Account.

Credit Target Type Annual Fee BT Intro APR Purchase Intro APR Regular APR Rewards
N/A Debit $0** N/A** N/A** N/A** None

Chime Spending Account and Visa® Debit Card Quick Summary:
This Visa offer is issued by The Bancorp Bank. This is a debit card that does not issue a line of credit. Many consumers use debit cards to help establish credit responsibility and control. The purchase APR is N/A**.

Important Rates:
This card does not have an APR or is not listed. Please read the disclosures regarding payment terms. There is no annual fee for this card. ˜

This is not a rewards card.

Other Basics:
This card contains the brand of Visa, where acceptance is global. Most businesses that accept credit cards will accept Visa as a form of payment (subject to available credit).

Other Remarks:

Finance Globe's Take on Chime

For many years, the financial industry was in desperate need of change. Fortunately, companies like Chime have come around to fill the modern needs of today’s market.

Chime was built on the premise that protecting its members is more important than anything else. 

Unlike other services, Chime doesn’t make a single cent off of you. Instead, they earn a small fee (paid by the merchant) every time you use your Chime debit card. 

Now, do you see how they have your best interests in mind?

Chime Features: There’s a lot to Like

If there’s one thing you’re sure to like about Chime, it’s the many features that are available to you. These include but are not limited to:

Chime's Mobile App

If you’re the tech-savvy type, you’ll love Chime’s mobile app. It gives you access to all the data you want and need to manage your money and make more informed financial decisions. 

  • Instant transaction alerts
  • Daily balance notifications
  • Check your transactions, savings, and balance from anywhere in the world

Forget about the old school way of finance. Chime has taken things to the next level.

Get Paid Early

Who doesn’t want access to their paycheck as soon as possible?

With Chime’s “get paid early” service, you can receive your paycheck up to two days in advance with direct deposit.

Forget about waiting for your money. Forget about a paper check showing up in your mailbox at work or home.

As soon as your money is available, Chime will make sure you get paid.

Fee-Free Overdraft with SpotMe

Let’s face it: everyone makes money mistakes every now and again.

For those who are prone to overdrafting, Chime has you covered. With its SpotMe feature, Chime will “spot you” up to $100* on debit card purchases. And best yet, there are no overdraft fees.

You don’t have to do anything to get started.

If you overdraft, Chime will keep a running tally of your negative balance. Then, when your next deposit arrives, it’ll simply apply the money to your negative balance first. 

Talk about peace of mind!

Automatic Savings

As you know, it’s not easy to save money. Even if you have the best intentions, keeping up with your savings goals is easier said than done.

Chime can help through its automatic savings feature. Regardless of what you’re saving for, you can turn on automatic savings, within your savings account, to help you reach your goals.

Here’s how it works: Save When You Spend rounds up transactions to the nearest dollar and then transfers the money into your savings account. So, the more you use your debit card, the more money you’ll save. 

Note: you can also set up an automatic transfer of every paycheck into your savings account. 

Other Features

Along with the above, there are some other basic features that allow Chime to standout in a crowded space:

  • Deposits insured up to $250,000
  • 60K+ fee-free ATMs at convenient locations like Walgreens, 7-Eleven, CVS and more
  • Visa's Zero-Liability Policy protects against unauthorized charges ♦

Don’t take these features for granted. They’re standard at Chime but aren’t always available with similar services.

Final Thoughts on Chime

Chime's mission statement says it all:

We created Chime because we believe everyone deserves financial peace of mind. We’re building a new kind of online account that helps members get ahead by making managing money easy. 

So, if you’re looking for a new kind of account - one that puts you and your money first - Chime deserves a closer look. 

Approval Time:
Approval time for this offer is not listed. You should expect a final credit decision within a couple of weeks, but normally much sooner.

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