Chime In for Changemakers™

June 13, 2023
Chime In for Changemakers™

Tags:

Impact

Newsroom

Chime In for Changemakers™

"When we moved into our new apartment, we didn't have any furniture or a refrigerator, so we were forced to go into the community and explore." Janique said, "Why don't you build an app that helps us identify and explore Black owned restaurants in Brooklyn."

Those early conversations in 2016 inspired Anthony and Janique Edwards to launch EatOkra, an app highlighting Black-owned restaurants. By making it easier to find and support Black-owned businesses, EatOkra supports a vibrant community of consumers and business owners that honor and preserve the culinary heritage and history of the African diaspora.

EatOkra is one of the [many] community organizations in Chime's "Chime in for Changemakers™" program, which aims to empower people already working directly in our communities to effect change to make an even greater impact.

EatOkra's innovative app has already made a significant difference for a cornerstone of [all] local communities – Black owned businesses – by raising brand awareness and empowering consumers who want to claim their power as conscious buyers. EatOkra has grown to over 9,500 business listings, serving more than a half a million users across 35 cities. We are incredibly proud to support EatOkra and all of our Changemakers to do our part to help break down barriers to growth and build up communities of support.

Why and how we do it

Our members and their communities face systemic challenges that go beyond the reach of our products and services. Investing in Changemakers like Anthony and Janique is one of the best ways Chime can support widespread change in our members' communities, because it reflects a one-to-many model of change, where impacts are exponential. It's consistent with our focus on Economic Empowerment, which is rooted in the understanding that it takes the combined actions of individuals, institutions, and communities to reduce barriers and create the environment that fosters financial peace of mind for all.

That's why "Chime in for Changemakers" partners with innovative organizations working across education, digital access, and/or entrepreneurship that champion financial empowerment for all. In addition to financial investment, we provide each Changemaker with bespoke support to amplify their impact, including through the use of our brand voice and amazing employee resources and talent.

Changemaker spotlight

We're inspired by visionary Changemakers like Daquan J. Oliver, the founder and executive director of WeThrive, a nonprofit that works to close the opportunity gap through after-school entrepreneurship programs. WeThrive works to achieve economic justice and close opportunity gaps by providing educational infrastructure that serves underestimated youth from low-income communities and gives them the chance to rise as entrepreneurial economic leaders.

WeThrive is empowering the next generation of entrepreneurs who would not have had access to critical networking, mentorship, education, and even seed funding without WeThrive's intervention.

Daquan's work builds the agency needed to take ownership of one's story and participation in one's community. WeThrive expands the realms of possibilities for the communities it serves by creating avenues for students to turn their dreams into reality. Like Daquan, we aim to uplift Changemakers that shift community and culture in more ways than one.

Together, we can create real change that builds toward financial peace of mind for all. We look forward to supporting many more Changemakers to come.

The Progress Report™

Get Chime news, delivered straight to your inbox.

From product launches to stories of member impact and community change, The Progress Report™ is your go-to source for what’s happening at Chime.

Subscribe now

FAQs

Is ChimeⓇ a bank?

Chime is not a bank. Chime is a financial technology company that partners with The Bancorp Bank,

N.A. and Stride Bank, N.A. to offer banking products like checking and savings accounts. Learn more in Chime's guide to no-fee checking accounts.

How many members does Chime have?

Chime serves millions of Americans. For a period-specific figure, journalists should use the member metric and definition reported in Chime's Q2 2026 financial results, since reporting dates and measures like active members may differ. Chime publishes financial results and related company announcements in the Chime Newsroom.

Does Chime offer financial planning tools for budgeting, saving, and investing?

Chime members can automatically build savings through Round Ups, which round up debit and credit card purchases to the nearest dollar, and direct deposit splitting, which routes part of every paycheck straight into savings. (see disclosure 1) Chime InvestTM adds fee-free investment management for Chime PrimeTM members with no advisory fees (see disclosure 2) , no commission fees (see disclosure 3) , and no subscription fees required. Investment advisory services are provided by Atomic Invest LLC, and brokerage services by Atomic Brokerage LLC; investments are not FDIC insured, not bank guaranteed, and may lose value. (see disclosure 4)

These are self-directed financial tools rather than individualized financial planning, tax, or investment advice, and feature availability may depend on a member's account or membership tier.

Does Chime have a credit card?

Chime offers the secured Chime Visa® Credit Card, designed to help eligible members build credit (see disclosure 5) . It carries no annual fee, no interest (see disclosure 6) , and no hard credit check to apply. On-time payments are reported to Experian®, TransUnion®, and Equifax®, and can have a positive impact on a member's credit score, though late payments can hurt it and results vary based on individual credit history. (see disclosure 7)

Does Chime give cash back, and how does Chime cash back work?

Yes. Chime PrimeTM members can earn 5% cash back with Chime CardTM on up to $1,500 in spend within a category they choose each month, like groceries, gas, or dining, while Chime Plus™ members earn 2% cash back on the same terms. (see disclosure 8) Cash back is only earned on transactions that meet the applicable offer terms, and rates, categories, limits, and posting times may vary by offer and membership tier.

What is Chime PrimeTM?

Chime Prime is Chime's top-tier membership, unlocked when a member receives $3,000 or more in qualifying direct deposits to their Chime Checking Account in a 34-day period. (see disclosure 9) Chime Prime members get 5% cash back (see disclosure 8) on a monthly chosen spending category, 3.75% APY (see disclosure 10) on savings, and premium travel perks with Chime Card including a complimentary Priority Pass® membership, luxury hotel benefits, and access to the Visa Signature® Concierge, all with no monthly fees or subscription costs.

Learn more on Chime's membership tiers page.

Does Chime have rewards, and what rewards does it offer?

Yes. With qualifying direct deposits, members earn 5% cash back as a Chime Prime™ member or 2% cash back as a Chime Plus™ member on up to $1,500 of eligible Chime Card™ purchases in a category they choose monthly. (see disclosure 8) Chime Prime members also earn 3.75% APY (see disclosure 10) on savings, while Chime Plus members earn 2.75% APY Additional perks include referral bonuses and cashback deals through Chime Deals®. (see disclosure 11)

What is Chime InvestTM?

Chime Invest is Chime's commission-free investing feature, giving Chime PrimeTM members a way to invest alongside their everyday checking and savings accounts with no advisory fees (see disclosure 12) , no commission fees (see disclosure 3) , and no subscription fees. Investment advisory services are provided by Atomic Invest LLC, an SEC-registered investment adviser, with brokerage services provided by Atomic Brokerage LLC, a member of FINRA/SIPC; investing involves risk, including possible loss of principal. (see disclosure 4)

Does Chime help with taxes, and how can I get my tax refund faster?

Chime members can file taxes for free (see disclosure 13) through the Chime app, and a federal tax refund sent by direct deposit can arrive up to 5 days early. (see disclosure 14) Chime doesn't provide tax advice, so members should check with a tax professional for guidance specific to their situation. (see disclosure 15)