Chime Comparison to Traditional Bank Offerings Substantiation

¹ For 5% cash back on a category of your choice, the comparison is between secured credit cards offered at these institutions:

• Chime: With Chime Card and Chime Prime, a member gets 5% cash back on a category of their choice
• BofA: Making a direct deposit of $3,000 does not unlock a higher cash back at BofA.
  • BofA Customized Cash Rewards Secured Credit Card offers 3% on category of choice
  • BofA Unlimited Cash Rewards Secured Credit Card offers 1.5% on all purchases
• Wells Fargo: does not offer a secured credit card.
• This comparison excludes any first year bonus offers.

² For 3.75% Savings APY, the comparison is between:

• Chime: 3.75% Savings APY that a member could earn with a Chime savings account and Chime Prime
• BofA: 0.04% Savings APY which is the maximum Savings APY you can earn with the Bank of America Advantage Savings account
• Wells Fargo: 0.05% Savings APY which is the Savings APY for the Platinum Savings account at Wells Fargo

⁶ For fee-free banking, the comparison is between the fees associated if you do not meet the qualifying criteria for the checking account

• Chime Checking Account: does not charge any maintenance fees or minimum balance fees
• BofA Core Checking Account: $12 monthly maintenance fee unless you make at least one qualifying direct deposit of $250 or more OR maintain an average daily balance of $1,500 or more
• Wells Fargo Everyday Checking Account: $10 per month unless you meet a qualifying criteria

¹² For “no overdraft fees,” the comparison is the fees associated if you were to overdraft your checking account at each institution:

• Chime Checking Account: does not charge any overdraft fees
• BofA Core Checking Account: $35 fee for overdraft
• Wells Fargo Everyday Checking Account: $35 fee for overdraft

⁷ For 47k fee-free ATMs, the comparison is the number of fee-free ATMs at each institution:

• • Chime: 47k fee-free ATMs
  • BofA: 15k ATMS
  • Wells Fargo: 11k ATMs

¹¹ For the #1 most loved banking app, the comparison was conducted through the NPS brand tracker survey in 2024.

• • Full Disclosure: Chime is recommended by more of its users in the 2024 Qualtrics® NPS study when compared to top national banks and select fintechs. THE #1 MOST LOVED BANKING APP is a Trademark of Chime Financial, Inc.

¹⁴ For Zero Liability Policy, the comparison is between the card portfolio at all institutions:

• • Chime: Chime cardholders won’t be held responsible for unauthorized card transactions through Visa Zero Liability Policy.
  • Bank of America: Bank of America credit and debit cardholders won’t be held responsible for unauthorized card transactions.
  • Wells Fargo: Wells Fargo Debit and Credit Cards come with Zero Liability protection at no extra cost. You won’t be held responsible for unauthorized card transactions, as long as you report them promptly.

^**For FDIC Insured deposits, the comparison is between:

• • Chime: Deposits up to $250k at Chime are FDIC insured through bank partners
  • BofA: Deposits up to $250k are FDIC insured
  • Wells Fargo: Deposits up to $250k are FDIC insured