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Chime® Checking Account Review
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The following companies are our partners in Checking Accounts: Discover®️ Cashback Debit Account, Bank of America, Barclays Bank Savings Account, Discover™ Online Savings Account, Chime®, Sofi Checking and Savings, Consumers Credit Union, Sofi Money, Empower Finance, Aspiration, BMO Bank, Robinhood Cash Management Account, CIT Bank, SoFi High Yield Savings, CIT Bank Platinum Savings, Upgrade Checking Account, UFB Freedom Checking + Savings, and chime-sponsorship.
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Chime® is a financial technology company. Banking services are provided by The Bancorp Bank, N.A. or Stride Bank, N.A.; Members FDIC. Chime offers mobile and online financial services with an award-winning app and debit card that allows its members to manage their money on the go. The app allows consumers to upload and deposit checks, manage their spending and savings accounts, and send money.
How is Chime® rated?
Breakdown
Overall Rating: 4.4 / 5 (Excellent)
Chime® Account Features
Account Features - 4.6 / 5
Chime provides a Visa®-branded Debit card with EVM chip capability and gives its customers access to a 60,000+ location network of fee-free˜ ATMs. You can instantly deactivate your card from the Chime app in the event it's lost or stolen.
In order to deposit money into a Chime account, customers can use the Chime app to deposit checks by taking a photo and uploading it, by making wire or ACH transfers, or by transferring money from external accounts. Members can pay friends and family, Chime members or not. No extra apps needed. The app is compatible with both Apple Pay and Google Pay.
Chime also offers early direct deposit, which makes directly deposited funds available up to 2 days earlier^ than they'd otherwise be. Additionally, customers can open a separate savings account with Chime through the app and easily set up automatic deposits from the spending account. That's an easy, effective way to reach your savings goals more quickly.
The Chime app allows account holders to set up real-time transaction notifications, such as notifications after every purchase or purchases over a certain amount. Customers can also opt to receive daily balance alerts.
Chime accounts also come with an optional service that provides fee-free overdraft. With SpotMe®, you can overdraw your checking account up to $200* for eligible members without incurring an overdraft fee.
| Types of Checking Accounts | Fee-Free Checking Accounts Second Chance Checking Accounts Online Deposit Account |
| Methods of Deposits | Mobile Check Deposit Wire Transfer Online Transfer Direct Deposit |
| Integration with Other Online Accounts | Savings External Banks Scheduled Withdrawals to Savings |
| No-Fee ATM | No-Fee˜ at 60k+ Network ATMs |
| ATM Locations | Access Chime’s 60k+ fee-free˜ AMTs at stores like: Walgreens®, 7-Eleven®, CVS Pharmacy®. Withdrawing from out-of-network ATMs will incur a $2.50 fee˜. A map on Chime's website lets customers find nearby in-network ATMs and cash-back locations. |
| Branch Offices | Since Chime a fully-digital financial technology company, the company has no branch locations. |
Overdraft Protection
| Integration with Mobile Payment Services | Apple Pay Google Pay |
| Card Blocking | Yes |
| Pay Bills Online | Yes |
| EMV Chip Technology | Yes |
| Bank Checks | No |
| Mobile App | Yes |
Chime® Fees and Restrictions
Fees and Restrictions - 4.5 / 5
| Maintenance Fee | $0 |
| Minimum Balance | $0 |
| Minimum Monthly Deposit | $0 |
| Minimum Number of Transactions | 0 |
| Other Fees | Collection Item Fees |
Chime® Support, Reputation, and Financials
Support, Reputation, and Financials - 4.1 / 5
| BBB Rating | B- |
| BBB Total Complaints | |
| BBB Resolved Complaints | |
| Trust Pilot Rating | 4.0 out of 5 |
| Date Collected | 2022-09-22 |
| Year Founded | 2013 |
| Standard & Poor's Financial Rating | A+ |
| Moody's Financial Rating | A1 |
Contact Methods
- Phone
- Social Media
Company Profile
| Full Name | Chime® Checking Account |
| Company Website | |
| Headquarters | P.O. Box 417, San Francisco, CA, 94104 |
Disclaimers
To apply for Credit Builder, you must have an active Chime® Checking Account.
Our Comments Policy | How to Write an Effective Comment
Customer Comments & Reviews
Earn $100 with Direct Deposit¹
- Get Paid 2 Days Early with Direct Deposit Set Up²
- No Monthly Fees & No Min. Balance Required
- 60k+ Fee-free ATMs³ at Walgreens®, 7-Eleven®, CVS® & more
- No Fees for Foreign Transactions & Transfers
Chime offers early access to money deposited through direct deposit: up to 2 days earlier^ than you probably had access to your paycheck previously. In addition, Chime checking accounts aren't subject to many of the traditional restrictions and fees that other banks charge for checking services. There is no minimum deposit required to open a Chime checking account and you won't pay any monthly service fees or per-transaction charges˜. In fact, the only fee ˜Chime charges is an out-of-network ATM fee of $2.50. That being said, Chime's ATM network is 60,000+ locations wide, so the chances of having to use an out-of-network ATM are narrow.
If you're one of many consumers who don't keep perfect track of their balances and occasionally overdraw your checking account, you'll enjoy Chime's SpotMe® feature. Eligible members can overdraw your account up to $200* without incurring an overdraft penalty fee.
Chime is backed by strong financial ratings. Additionally, customers are overwhelmingly satisfied with their service. All of this makes Chime a great alternative for tech-savvy people who want financial peace of mind.