Banking thathelps Americans get ahead
In 2020, Americans paid billions in overdraft fees alone¹. It’s clear: Millions need a new way to bank. Through partnerships with regional banks, Chime helps these people build stable financial foundations and get ahead.
Eligible members can overdraw their account up to $200.* Saving billions in overdraft fees annually.²
Members can get access to paychecks, benefits, and government stimulus direct deposits earlier than some traditional banks^. We provide free access to billions in early pay each month.
A secured credit card without annual fees or interest. Adds 30 points on average to members’ credit scores.3
Our high yield savings account offers .50% APY4. Automatic savings features help members save tens of millions each month.
We want to profit with our members, not off them.
That’s why we don’t rely on fees5. Our revenue comes primarily from the small amount we earn from Visa when our members pay with their Chime Visa® card.
Protecting our members
Chime provides our members unmatched convenience with the security of and FDIC-insured bank account up to $250,000 through The Bancorp Bank or Stride Bank, N.A., Members FDIC.
Chime is better for…
A fast, simple, reliable mobile solution designed to help people who aren’t being served well by traditional banks.
We don’t rely on fees – this helps our members build wealth, invest in their futures and support their local economies.
Providing banks with technology and tools encourages competition in the sector, creating better options for consumers, drives innovation and defuses risk.