Credit Builder - free to apply
No annual fees, no interest1, and no minimum security deposit required.2 No credit check to apply.
Member-first features for people with a 680 credit score
Instantly disable your card to prevent fraudulent activities. Build credit3 using your own money to reduce the risk of debt. Turn on Safer Credit Building3 to automatically pay your balance in full each month.
Build credit with everyday purchases
Start building credit with everyday purchases and on-time payments.3 Use it everywhere Visa credit cards are accepted.
Increase your credit scores by an average of 30 points4
We report your activities to the 3 major credit bureaus to help you build credit over time. Members see average credit scores increase by 30 points with regular on-time payments.4
“My goal is to be able to buy a house and finance a new car on my own. Credit Builder has definitely helped me to build my credit back up to a point where I can do that.”
“By using the credit builder I can finally get the chance to move forward in the right direction and have the future I've always wanted!!”
“I'm new to credit so it feels really good seeing that I'm safely increasing my score.”
Join millions already using Chime’s Credit Builder
Give your credit some love. Start by opening a Chime Checking Account with a $200 qualifying direct deposit or more and you’re ready to apply.5
How it works
Here's what you need to know about Credit Builder.
What do I need to apply for a Credit Builder?
All you need is a Chime Checking Account and qualifying direct deposits of $200 or more.
Don’t have a Chime Checking Account? Apply for one in under two minutes!
Will it require a hard credit check to apply?
No way! We think everyone deserves a chance to build credit, so we don’t check your credit score when you apply.
Do I need to have a Chime Checking Account to use Credit Builder?
Yes. We designed Credit Builder to work with the Chime Checking Account so that you can move money instantly—across your Chime accounts!
Does Chime charge any fees for using Credit Builder?
We have no fees to apply, no annual fee or interest1, and no fee to replace your card. We do charge an out-of-network ATM fee if you use your card at an ATM that is not a part of Chime’s fee-free network of 60,000+ ATMs.6
How can Credit Builder help my credit score?
Credit Builder offers features that help you stay on top of key factors that impact your credit scores. Consistent use of Credit Builder can help you build credit and, with on-time payments, increase the length of your credit history over time. We report to the major credit bureaus – TransUnion®, Experian®, and Equifax®.
Learn more about credit building with Credit Builder.
What makes Credit Builder different from traditional credit cards?
Unlike traditional credit cards, Credit Builder is a secured card that helps you build credit history with no annual fees and no interest.1 There’s also no credit check to apply!
Credit Builder is a secured credit card. The money you move into Credit Builder’s secured account is the amount you can spend on the card. In fact, that money can be used to pay off your monthly balances. Since Credit Builder doesn’t have a pre-set limit, spending up to the amount you moved to the secured account does not contribute to a high-utilization record on your credit history.
Learn more about how Credit Builder works.
Is Credit Builder a secured credit card?
Yes, Credit Builder is a secured credit card. The money you move to the Credit Builder secured account is how much you can spend with the card. This amount is often referred to by other secured credit cards as the security deposit. Like other secured credit cards, Credit Builder also reports to the major credit bureaus, to help you build credit history over time.
However, for many secured credit cards, the security deposits are unavailable to you, the consumer, until you close the account. With Credit Builder, you can use your deposit to pay what you owe on Credit Builder. Plus, Credit Builder charges no annual fees and no interest1, and no minimum security deposit required2!
What is the credit limit?
Credit Builder doesn’t have a pre-set credit limit. Instead, the money you move into your Credit Builder secured account sets your spending limit on the card.
With traditional credit cards, using a high percentage of your available credit limit could negatively impact your credit score. You don’t have to worry about that with Credit Builder because Chime does not report credit utilization. On-time payment history can have a positive impact on your credit score. Late payment may negatively impact your credit score.
How much you can spend with Credit Builder is shown to you as “Available to Spend” in the Chime app.
If I use all the money I add into Credit Builder, will Credit Builder report high utilization and hurt my credit score?
Nope. Credit Builder doesn’t report percent utilization to the major credit bureaus because it has no pre-set credit limit. That means spending up to the amount you added will not show a high-utilization card on your credit history. So you can use Credit Builder for your everyday purchases and let them count toward credit building when you make on-time payments!
Chime® is a financial technology company, not a bank. Banking services are provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC. The Chime Visa® Debit Card and the Chime Credit Builder Visa® Credit Card are issued by The Bancorp Bank, N.A. or Stride Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit and credit cards are accepted. Please see the back of your Card for its issuing bank.
While Chime doesn’t issue personal checkbooks to write checks, Chime Checkbook gives you the freedom to send checks to anyone, anytime, from anywhere. See your issuing bank’s Deposit Account Agreement for full Chime Checkbook details.
By clicking on some of the links above, you will leave the Chime website and be directed to a third-party website. The privacy practices of those third parties may differ from those of Chime. We recommend you review the privacy statements of those third party websites, as Chime is not responsible for those third parties' privacy or security practices.
Opinions, advice, services, or other information or content expressed or contributed here by customers, users, or others, are those of the respective author(s) or contributor(s) and do not necessarily state or reflect those of The Bancorp Bank, N.A. and Stride Bank, N.A. (“Banks”). Banks are not responsible for the accuracy of any content provided by author(s) or contributor(s).
Third-party trademarks referenced for informational purposes only; no endorsements implied.
The use of any third-party trademarks, logos, or trade names are for informational purposes only and do not imply an endorsement by the owner.
1 Out of network ATM withdrawal fees may apply. See here for details.
2 Money added to Credit Builder will be held in a secured account as collateral for your Credit Builder Visa card, which means you can spend up to this amount on your card. This is money you can use to pay off your charges at the end of every month.
3 On-time payment history may have a positive impact on your credit score. Late payment may negatively impact your credit score. Chime will report your activities to Transunion®, Experian®, and Equifax®. Impact on your credit may vary, as Credit scores are independently determined by credit bureaus based on a number of factors including the financial decisions you make with other financial services organizations.
4 Based on a representative study conducted by Experian®, members who made their first purchase with Credit Builder between June 2020 and October 2020 observed an average FICO® Score 8 increase of 30 points after approximately 8 months. On-time payment history can have a positive impact on your credit score. Late payment may negatively impact your credit score.
5 To apply for Credit Builder, you must have received a single qualifying direct deposit of $200 or more to your Chime Checking Account. The qualifying direct deposit must be from your employer, payroll provider, gig economy payer, or benefits payer by Automated Clearing House (ACH) deposit OR Original Credit Transaction (OCT). Bank ACH transfers, Pay Anyone transfers, verification or trial deposits from financial institutions, peer to peer transfers from services such as PayPal, Cash App, or Venmo, mobile check deposits, cash loads or deposits, one-time direct deposits, such as tax refunds and other similar transactions, and any deposit to which Chime deems to not be a qualifying direct deposit are not qualifying direct deposits.
6 Out-of-network ATM withdrawal fees may apply except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM.
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