Chime Celebrates Financial Progress Month with Impactful Community Events Nationwide

Q: 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. 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.

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

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

May 21, 2025

Chime Celebrates Financial Progress Month with Impactful Community Events Nationwide

Chime Team

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Impact

Newsroom

In celebration of Financial Progress Month^®, Chime^® brought financial empowerment directly to communities across the nation through interactive, in-person events designed to teach, inspire, and foster financial education among students and community members alike. Chime also participated in several public sector-led events, including tax time events and a Financial Literacy & Wealth Creation Caucus Resource Fair.

In Boulder, Colorado, Chime partnered with the Boulder Technical Education Center (TEC) to host a financial empowerment activation for more than 125 local high school juniors and seniors. The immersive event featured "Life in the Neighborhood," a budgeting simulation in which students navigated real-life financial decisions. The simulation connected personal finance concepts to the students' lived experiences and career pathways and aimed to equip them with the confidence, context, and tools to make smart money decisions as they navigate life during and after high school.

Following the hands-on portion of the event, special guest Coach Deion Sanders spoke to students in a fireside chat moderated by 2023 Chime Community Changemaker and founder of The Hustlers Guild, Yasmin Salina. Sanders discussed how students can turn their passions into progress and how to think about where to put their money. Representatives from Colorado Senator Judy Amabile's office also joined, underscoring local support for financial education and youth engagement.

Meanwhile, in Dallas, Chime collaborated with community partner For Oak Cliff, engaging 60 seniors from South Oak Cliff High School. The day-long program featured hands-on financial education games, realistic budget simulations, and real-time financial decision-making scenarios, from managing unexpected medical expenses to navigating career advancements. The experiential format was supported by engaging tools and incentives provided by our financial education partner, Zogo^®, enhancing students' engagement and reinforcing healthy financial habits.

Finally, in Washington, D.C., alongside over 30 community partners Chime participated in the Financial Literacy & Wealth Creation Caucus Resource Fair: a bipartisan effort to make financial empowerment a reality for all Americans. The fair underscored the critical importance of financial literacy at every stage of life and attracted more than 100 attendees, including Congressional representatives Beatty and Kim, as well as local Chime Scholars Foundation scholarship recipients.

"By taking financial education directly into communities and schools, we make the concept of financial progress tangible and the resources to achieve it accessible," said Chime's VP of Community, Sara El-Amine. "Our goal is not only to provide practical tools but also to spark lasting conversations around financial health and preparedness, empowering individuals to confidently navigate their financial lives—no matter what stage they're at."

Chime will continue championing financial empowerment, and hosting additional programming, including a presence at the upcoming Financial Health Network's EMERGE conference.

Chime Team

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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 Invest^TM adds fee-free investment management for Chime Prime^TM 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 Prime^TM members can earn 5% cash back with Chime Card^TM 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 Prime^TM?

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 Invest^TM?

Chime Invest is Chime's commission-free investing feature, giving Chime Prime^TM 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)