A Year of Breakthrough Recognition: Chime's 2024 Award Milestones

December 23, 2024
A Year of Breakthrough Recognition: Chime's 2024 Award Milestones

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A Year of Breakthrough Recognition: Chime's 2024 Award Milestones

2024 marked a transformative year for Chime®, driven by innovative product launches and significant company growth. These milestones reflect our core values in action—from bold innovation and member obsession, to winning together as one team.

Beyond growth, Chime's commitment to excellence earned recognition across the industry for technology innovation, customer experience, and social impact. These honors affirm Chime's mission to help everyday Americans Unlock Financial ProgressTM—and the progress we have made this year.

Here's a look at how Chime's dedication to raising the bar led to a host of awards in 2024:

Industry and Innovation Awards

CNBC Disruptor 50

Chime was selected as one of the top disruptive companies and recognized for our digital-first approach to serving younger members frustrated by banking fees.

Forbes Fintech 50

Chime was named among the most innovative fintech companies.

TIME World's Best Brands

Chime was named consumers' favorite brand in the "neobanking and neobrokerage" category and even ranked above traditional banks in the general "banks" category (Chime is not a bank). These wins were driven by Chime's successful social media strategy and creator partnerships.

Inc. Best in Business for Financial Services

Chime was recognized for our execution across product launches, member outcomes, and community engagement.

Newsweek's Best of the Best

For the first year of the Best of the Best list, Chime was named in the top five 'Online banking' services based on customer experience.

FinTech Breakthrough Awards

Chime won "Best Consumer Banking Mobile App" from Tech Breakthrough for standing out in the FinTech industry.

Social Impact and Community

Anthem Awards

Chime received two honors. The first, for Local Community Engagement, recognized how we brought financial education to Dallas through partnership with For Oak Cliff. The second, for Best Influencer Collaboration, recognized our 2024 Financial Progress MonthTM activation.

Beyond the Check Award

The San Francisco Business Times recognized Chime for its innovative philanthropy, which goes beyond cash giving to deeper community engagement through the work of the Chime Scholars FoundationTM, which helps everyday people build a better future through higher education.

Marketing Excellence

Ad Age Breakout Brands

Chime won in the breakout band purpose campaign category for its Pay Progress ForwardTM campaign demonstrating generosity during challenging economic times.

TikTok Green Flag Award

Chime CMO Vineet Mehra was recognized for effectively leveraging TikTok as a core strategy component for brand and community building.

Product and Technology

HR Executive Top Product of the Year

Salt Labs, acquired by Chime in June, won the HR Executive Top Product of the Year award for its innovative employee rewards platform.

CSO Award Winner

Chime's Monocle Security product was recognized by CSO for security projects and initiatives demonstrating outstanding business value and thought leadership in addressing challenges from an expanding threat landscape.

Workplace

Built In Best Places to Work and Great Place to Work® Certified

Chime was recognized for excellence in compensation packages, total rewards, and culture programs.

As Chime reflects on an extraordinary year, these awards stand as another example of our ongoing mission to transform financial services and create meaningful impact for our members. And while we are honored by these awards, our true measure of success remains unchanged: helping everyday people unlock their financial progress.

Looking ahead, these achievements inspire us to continue pushing boundaries and raising the bar in service of our members' financial progress. We look forward to continuing this momentum into 2025.

Third-party trademarks referenced for informational purposes only; no endorsements implied.

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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)