Chime Expands Trump Account Benefit for Employees’ Children and Helps More American Families Start Building Wealth

Chime will contribute $250 when a Trump Account is opened for any child of a Chime employee, building on its early commitment to match the federal government’s $1,000 seed

August 31, 2026
Chime Expands Trump Account Benefit for Employees’ Children and Helps More American Families Start Building Wealth

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Chime Expands Trump Account Benefit for Employees’ Children and Helps More American Families Start Building Wealth

Chime® (Nasdaq: CHYM) today announced an expanded commitment to Trump Accounts that will help all Chime employees invest in their children’s futures and more Americans take advantage of this new wealth-building opportunity. The announcement builds on Chime’s broader nationwide efforts to drive awareness and participation in the program.

Chime was among the first companies to commit to matching the U.S. Treasury’s $1,000 seed contribution dollar-for-dollar for eligible employees’ children born between January 1, 2025, and December 31, 2028. Chime will now extend the benefit across its employee base by contributing $250 to all other children with a Trump Account.

"Every child deserves the opportunity to benefit from long-term investing and the power of compounding growth,” said Chris Britt, CEO and Co-founder of Chime. "When families prosper, so does our country. That's why we are contributing to the Trump Account of every child of a Chime employee and why we are working in communities across the country to help more families start investing in their children’s futures.”

Chime also announced that Compound Combine will come to Texas in 2027, continuing its national series of community events created with Invest America to make the concepts of investing, saving, and compound growth tangible and fun for families.

"Trump Accounts give every child a stake in the American Dream and a jumpstart on building wealth through compound growth," said U.S. Senator Ted Cruz of Texas. "Chime's leadership is helping more families take advantage of this opportunity, and I'm proud they're expanding their commitment and bringing the Compound Combine to Texas. Every child will soon experience the miracle of compound growth, and I look forward to seeing this effort reach families across our state."

Taking Compound Combine Across the Country

Launched in Jersey City earlier this year, Compound Combine turns financial education into an interactive experience, using athletic combine-style drills to teach lessons around saving consistently, spending wisely, and investing early. Chime and Invest America also help families learn about Trump Accounts and get enrolled on the spot.

Hundreds of local youth and families participated in the inaugural Jersey City event, where Chime and Invest America were joined by the U.S. Department of the Treasury and star professional football players. The series then traveled to Charlotte during one of the biggest weeks in soccer, where families took part in soccer-inspired drills designed to teach financial concepts, alongside U.S. soccer legend Landon Donovan.

The next Compound Combine will take place in Pittsburgh on October 11, 2026, followed by a newly announced Texas event in 2027.

“Chime has been an important partner in helping turn the promise of Trump Accounts into action for families,” said Brad Gerstner, founder of Invest America. “By expanding its financial commitment and bringing Compound Combine to Texas, Chime is showing the kind of leadership that can help more families start investing early and understand the power of compounding.”

Compound Combine is part of Chime’s broader effort to make wealth building more accessible. Chime has also partnered with the Council for Economic Education to bring financial education resources and educator support into classrooms as it works toward its goal of bringing financial education to 10 million people by 2027.

To learn more about Trump Accounts, visit www.chimetrumpaccounts.com.

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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)