Build credit with Chime Card^™

You could get a Chime Card in minutes! Share some information with us here to get started.

Chime Card is the next generation of Credit Builder. You get the same outstanding credit-building capability, with built-in banking access plus 5% cash back rewards on a category of choice (with qualifying direct deposit).³ Like Credit Builder, Chime Card lets you use your own money to build credit safely¹, while offering added features that make the card even better.

Consistent use of the Chime Card can help you build credit with on-time payment history, increase the length of your credit history over time, and more.¹ With the Chime Card, Chime will report your monthly payments to the three major bureaus – TransUnion^®, Experian^®, and Equifax^®. We report your highest balance, your payment amount, and payment date. Utilization is not reported for your Chime Card.¹¹ Please note that activity on other credit accounts may also impact results and credit score improvement is not guaranteed.

Yes. Like Credit Builder, Chime Card is a secured credit card. The money you move to your Chime Card 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, Chime Card also reports to the major credit bureaus to help you build your credit history over time. For most secured credit cards, security deposits are unavailable to you, the consumer, until you close the account. With Chime Card, however, you can use your deposit to pay for monthly charges. Plus, Chime Card charges no annual fees or interest,⁴ and no minimum security deposit is required¹² just like Credit Builder.

All you need is a Chime Account to start. Don’t have a Chime Account? Apply for one in minutes!

We don’t believe in annual fees or profiting from our members’ misfortune. We have no fees to apply, no annual fee or interest.⁴ Out-of-network ATM fees may be applied if you use your card at an ATM that is not a part of the fee-free network of 47,000+ ATMs.¹³

The Chime Card is a secured credit card. That means the money you add to your Chime secured deposit account is the amount you can spend on the card.¹⁴ Unlike other secured credit cards, that money can be used to pay off your monthly balances. Since the Chime Card doesn’t have a pre-set limit, spending up to the amount you added to your secured deposit account won’t contribute to a high-utilization record on your credit history.

The Chime Card helps reduce the risk of overspending and can help you build credit history with no annual fees and no interest.⁴ There’s also no credit check to apply!

When you sign up for a Chime Card, a Checking Account, and a Secured Deposit Account will also be opened. First, you will be asked to fund your Checking Account. This money is automatically transferred to your Chime Card Secured Deposit Account (SDA) which sets your spending limit on the Chime Card.⁵ How much you can spend is shown to you as “Available” in the Chime app.¹⁴

Nope. Just like Credit Builder, the Chime Card 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 your credit builder card for your everyday purchases and let them count toward building credit history when you make on-time payments!

Yes. As you move money from other banks into your Chime Account, that money will be automatically available to spend.

Safer Credit Building¹ is a feature that allows you to automatically pay your monthly balance with the money in your Chime account. Turn it on, so your monthly balances are always paid on time! Learn more about how it works.

You can pay off charges on your credit builder cards in 3 ways.

1. One option is to turn on Safer Credit Building. When you make a purchase, the money you spend is put on hold in your secured account. Safer Credit Building uses the money you transferred to your secured account to automatically pay your monthly balance. This will help you avoid late payments and outstanding balances.

2. If Safer Credit Building is not turned on, Manual Payments can still be made at any time by going to Settings → Safer Credit Building → Make a Payment.

3. ACH Payments can be made from any bank by using Chime Card’s account number. To find them, go to Settings → Safer Credit Building → Make a Payment → Paying with another bank

Chime Cards statements are available by the 28th of each month and are due on the 23rd of the following month.

Consistent on-time payments help build your credit history, and missing a payment or paying late can hurt it. Safer Credit Building is Chime’s autopay feature that will automatically pay your outstanding balance on-time, on its payment date, with funds that have already been set aside to cover your balance.¹ It’s the no-sweat way to keep building credit history safely. Safer Credit Building is not a requirement to open and use the Chime Card. You also have the option to pay your Chime Card balance with external funds.

There are no late fees or interest⁴ for missing Chime Card payments. But if you don’t pay your Chime Card statement balance within 24 days of the due date, your card will be paused — you won’t be able to use it for new purchases until your unpaid statement balance is paid in full. At that point, we may report information about your account to the major credit bureaus. Late payments, missed payments, or other defaults may be reflected on your credit report.

The good news: you can still make a payment. As soon as you pay your full balance, we’ll re-enable your card and update your credit report to show your account is back in good standing.

Yes! You can withdraw cash using your Chime Card. Get cash fee-free¹³ at 47,000+ ATMs found in stores you love like Walgreens^®, 7-Eleven^®, CVS^®, and more!

Yes! SpotMe^® on Chime Card is now available. Get covered up to $200 when you need it fee-free.⁹

At this time, once you convert to Chime Card, you cannot revert back to Credit Builder. We’re always open to member feedback to ensure we’re building the best products for our members. Please note that closing your Chime Card Account could impact your credit score and if you close your Card Account, you will not be allowed to re-open a new one.

At this time, if you’d like to stop or revoke authorization of automatic transfers from your Chime Checking Account to your Secured Deposit Account, you must close your Chime Card Account and Secured Deposit Account. However, you can still maintain your Checking Account. Please note that closing your Chime Card Account could impact your credit score and if you close your Card Account, you will not be allowed to re-open a new one. Please see your Bancorp Secured Chime Visa^® Credit Card Agreement and Stride Secured Chime Visa^® Credit Card Agreement for details.

Chime makes money from the interchange fee charged on card transactions. Every time you use your Chime Visa^® Debit Card or secured Chime Visa^® Credit Card for purchases and paying bills, Visa processes the transaction and charges an interchange fee to merchants for the service. Chime receives a portion of this fee. This is how Chime can continue building new and better products that help members get the most from their money.

Building a good credit history not only improves your eligibility for loans and lines of credit, but it’s also key to building a healthy financial history. Building good credit history and maintaining a good credit score empowers you to make informed financial decisions. Higher credit scores can potentially help you qualify for better interest rates and larger lines of credit.

While traditional credit cards have a set credit limit that can be borrowed from the credit card issuer, secured cards do not. They are designed specifically to help people with little or bad credit history to build their credit score.

Instead of being approved for a set credit limit, people who use secured credit cards will make a security deposit that acts as the collateral for their card. The “credit limit” is the money you put into the security deposit account. This can help you make on-time payments and avoid overspending, which can slowly build your credit.

Generally, a good credit score could be anywhere from 670 to 739. Scores in this range indicate to lenders that a person is likely to be a reliable borrower, giving them access to more favorable interest rates and loan terms. On the other hand, scores below 670 could make it more difficult to be approved for a loan or find low interest rates.

Building credit involves several key steps, such as obtaining a credit card and using it responsibly by making timely payments. Additionally, keeping credit card balances low and diversifying credit types can positively impact credit scores.

The time it takes to rebuild your credit score will depend on your individual circumstances and the severity of your past credit issues. Consistently paying your bills on time and reducing any outstanding debts can begin to improve your credit score within just a few months to a year. However, larger improvements may take several years of responsible financial behavior to achieve.

A good credit score means you have experience managing your finances and being responsible with payments. By contrast, having no credit score signifies to lenders that you have no experience at all in this area. This could make them hesitant to approve you for anything from a high credit limit to a home or auto loan. Establishing a good credit history can alleviate some of these problems.

Both a secured card for building credit and an installment loan designed to help you build credit history can help improve credit over time, but they’re distinctly different. A “credit builder” loan requires you to borrow money, but it’s great if you want to stick to a fixed repayment plan. On the other hand, secured “credit builder” cards offer flexibility in making everyday purchases and can have a more immediate impact on your credit score. Which one is better depends on you and your financial circumstances.

You can review a summary of your credit report directly in the Chime app. Through the app, you can monitor your FICO^® credit score. If you want access to your full report, submit a request to one of the three major credit bureaus for your free annual copy.