Overdraft with No Fees

Fee-Free Overdraft with SpotMe

We’ll spot you on debit card purchases with no overdraft fees. Eligibility requirements and limits apply.*

Fee-Free Overdraft

Overdraft fees at traditional banks cost Americans an average of $250 a year.¹ At Chime, we do things differently. Instead of charging you an overdraft fee, we allow you to overdraft with no fees.

We’ve Got Your Back

Finally, you can have peace of mind if you overdraw your account to make a debit card purchase. With SpotMe, we’ll apply your next deposit into your Chime Spending Account to your negative balance.

Pay It Forward

When your SpotMe negative balance is repaid, we’ll give you the option to leave us an optional tip to pay it forward. Whether or not you tip won’t affect your SpotMe eligibility. SpotMe is a fee-free service, and friendly tips from our community help it stay that way!

SpotMe vs. Traditional Overdraft Protection

It’s like overdraft protection but way better. We’ll let the fees speak for themselves.

How It Works

Chime members with total monthly direct deposits of $500 or more are eligible to enroll.
Limits are determined by Chime based on factors such as account activity and history.*

We’ll notify you to enroll in the Chime app when you have total monthly direct deposits of $500 or more

When you make a debit card purchase that exceeds your balance, we’ll spot you up to your limit

When your next deposit arrives in Chime, we’ll apply it to your negative balance


Here's everything you need to know about SpotMe.

What is SpotMe?

SpotMe lets you make debit card purchases that overdraw your account with no overdraft fees. Limits start at $20 and can be increased up to $100.* We’ll spot you when you need that little extra cushion to cover an expense.

Is there a fee for using SpotMe?

There is no fee to use SpotMe! If you use SpotMe, you’ll be able to leave us an optional tip once you repay your negative balance. This helps us offer the service to more members. Whether or not you tip does not affect your eligibility in SpotMe.

Who is eligible for SpotMe?

Chime members who receive $500 or more in direct deposits over the preceding 31 days are eligible for SpotMe.

How much can I overdraft with my Chime account using SpotMe?

Your SpotMe limit starts at $20 and can be increased up to $100* or more based on account history and activity. Any transaction that would overdraw your account over your limit will be declined.

Please note that Chime Member Services cannot manually increase your SpotMe limit.

How does SpotMe compare to overdraft protection and cash advance programs?

Most banks that offer overdraft protection require you to link a savings account or charge fees for overdrafts on your account. At Chime, we’re not like most banks. We believe in having our member’s backs and will allow you to overdraft up to $100* without charging a fee. We also do not require you to link your Savings Account to your Spending Account or charge you a fee to participate in SpotMe.

What types of purchases can I make using SpotMe?

SpotMe only covers debit card purchases. SpotMe does not cover ATM withdrawals, Pay Friends transfers, ACH transfers (including direct debits and services like Venmo or Square Cash), or Chime Checkbook transactions.

How to get started with SpotMe.

  1. Open the Settings tab in your Chime app to find out if you’re eligible for the SpotMe feature (make sure you have the latest version of the app).
  2. Once you agree to the SpotMe Terms and Conditions, you are officially enrolled in SpotMe!
  3. When you’re enrolled in SpotMe, you will be able to make debit card purchases that overdraft your account up to $100*.
  4. When we receive your next deposit, we will automatically apply it to your negative balance. No overdraft fees are applied. Ever.

Please Note: SpotMe only covers debit card purchases. SpotMe does not cover ATM withdrawals, Pay Friends transfers, ACH transfers (including direct debits), or Chime Checkbook transactions.

Get Started Today

Sign up for a Chime Spending Account today to be eligible for SpotMe.

Banking services provided by The Bancorp Bank or Stride Bank, N.A., Members FDIC. The Chime Visa® Debit Card is issued by The Bancorp Bank or Stride Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted. The Chime Visa® Credit Builder Card is issued by Stride Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted. Please see back of your Card for its issuing bank.

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*Chime SpotMe is an optional, no fee service that requires that you receive $500 in direct deposit a month to qualify to overdraw your account up to $20 on debit card purchases. Chime, in its sole discretion, may allow you to withdraw your account up to $100 or more based on your Chime Account history, direct deposit history and amount, spending activity and other risk-based factors. Your Limit will be displayed to you within the Chime mobile app. You will receive notice of any changes to your Limit. Your Limit may be increased or lowered at any time by Chime.
¹ The Q1 2017 Bank Fee Finder Report represents data from over 5,000 individual users with U.S. bank accounts. Five major banks (Bank of America, CitiBank, JPMorgan Chase, Wells Fargo, and U.S. Bank) made up 83% of all Bank Fee Finder users’ accounts. https://www.slideshare.net/ChimeBank/bank-fee-finder-april-2017-report
² https://www.consumerfinance.gov/about-us/newsroom/cfpb-unveils-prototypes-know-you-owe-overdraft-disclosure-designed-make-costs-and-risks-easier-understand/

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