Chime Review 2025 - More Features, Same Low Fees

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Key takeaways

Chime is a fintech app that offers banking products with minimal fees.²³ It aims to make banking accessible to everyone.
The fintech app’s top features include overdraft protection, paycheck advances, and the ability to receive your direct deposit up to two days early.³²
Chime offers a secured credit builder visa that helps consumers improve their score with no credit check and no security deposit.

Chime offers a very different experience from what you find at a traditional bank.²³ In fact, it’s not a bank at all but a financial technology company that has partnered with regional banks to provide consumers with banking products.

The neobank offers easy access to checking accounts, savings accounts, and even a Credit Builder Visa,²⁴ all with no annual fees and no minimum balance requirement. The innovative fintech company lets you get your paycheck up to two days early with direct deposit, grow your savings automatically, and there’s no credit check to apply. You can even receive an advance of up to $500 instantly.⁴¹

Does Chime have a place in your finances? We’re here to help you figure that out.

Chime overview
Chime Checking Account
Chime Savings Account
Secured Chime Credit Builder Visa Credit Card
Get even more with Chime+
What Chime does well
What Chime could improve
How to open an account with Chime
How to withdraw money from a Chime account
How to add money to your Chime account
Is Chime legit?
Who is Chime best for
Bottom line

Chime overview

Chime is a financial technology company that was founded in 2012 by Chris Britt and Ryan King with the idea that basic banking services should be helpful, easy, and free for everyone. It offers a suite of no-frills basic banking products, including a checking account, savings account, and Credit Builder card.²⁴ The fintech company now serves over 22.3 million customers and has a network of 50,000+ ATMs. Its banking services are provided by The Bancorp Bank N.A. or Stride Bank, N.A., Members FDIC.²³ This means that when you bank through Chime, your money is insured up to $250,000.

Chime Checking Account

Chime is an award-winning mobile banking app whose main product is its checking account. Chime’s Checking Account is available to everyone. The fintech company does not conduct a credit check when you apply or look into your banking history. The fact that they don’t screen customers through ChexSystems means you can still be approved for a checking account even if you’ve had accounts closed in the past. To open an account, you have to be over 18 years old and a U.S. citizen or resident. Banking through Chime is a good place to go if you want to restart your financial life.²³

Chime believes that banking shouldn’t cost money. Their checking account has no monthly fees, no minimum balance fees, no annual fees, no overdraft fees, and no foreign transaction fees. There is no minimum deposit needed to open an account.

It comes with a Visa debit card²⁵ that may be used everywhere Visa is accepted. You can easily connect your debit card to secure mobile payments like Google Pay and Apple Pay. Chime offers real-time transaction alerts, and if you spot any unauthorized transactions, you can disable the card and order a replacement for free via the mobile app.

Grateful for Chime 😉

“During a tough financial time years ago, Chime approved me for a checking account when noone else would. Been a loyal member for about 7 years. Love getting paid early, plus their secured card helped me rebuild credit without tying the money up long term. Lots of great stuff to say about them. II just wish they’d allow incoming wires. Right now it’s only ACH.”

Steve L

March 7, 2025

Chime Savings Account

When you open a Chime Checking Account, you will have the option to also open a High-Yield Savings Account. Chime’s Savings Account is an attractive option for anyone who wants to make their money grow faster.

It has an Annual Percentage Yield (APY) of 1.25%²⁴, much higher than that of traditional big banks. The FDCI puts the national average savings APY at 0.42%. If you qualify for Chime+, the APY jumps to 3.75%. A higher savings rate means that you earn more on every dollar you put into your HYS account. Plus, you can enroll in Round Up and Save When I Get Paid to grow your savings automatically.

Like with a Chime Checking Account, the High Yield Savings Account has:

No monthly fees²⁷
No minimum balance requirement
No cap on the amount of interest you can earn
No minimum deposit to open an account

Round Up

Round Up lets you save on every purchase. Every time you use your Chime debit card, it will automatically round the purchase up to the nearest dollar and transfer the spare change from your Chime Checking Account into your Chime Savings Account.

Say you buy a coffee for $2.50. The remaining 50 cents will go into your savings account, boosting your savings. Chime estimates that you can save $360 a year with the Round Up feature if you make an average of two purchases a day.

Save When I Get Paid

Save When I Get Paid encourages you to grow your savings automatically. When you enroll in this feature, Chime will automatically transfer 10% of your direct deposit of $500 or more from your Chime Checking Account into your savings account. Studies have shown that when you set up direct deposit to send a percentage of your paycheck into your savings account, you are less likely to spend it.

Secured Chime Credit Builder Visa Credit Card

Chime knows that it can be tough to increase your credit score. That’s why they came up with the Chime Secured Credit Builder Visa® Credit Card²⁴, a better way to build credit.²⁸ Chime’s Credit Builder is a secured credit card that does not conduct a credit check, has no annual fees, interest, or minimum security deposit.²⁹ It simply helps you build credit with regular use and on-time payments. Chime reported that members were able to increase their credit score by 30 points on average after only 8 months of use with on-time payments.³⁰

All you need to apply for the Chime Credit Builder card is a Chime Checking Account with a qualifying direct deposit of $200 or more.²⁸ It is an easy, free way to build credit, secure better interest rates, and pay less on future loans. Possibly best of all, the Credit Builder is set up to limit the risk of overspending.

Tired of endless bank fees?

Click here for tips to keep fees from draining your wallet!

Chime’s Credit Builder is a secured credit card, but it does not require you to put down a security deposit to set your spending limit.²⁹ In fact, it doesn’t have any preset spending limit at all. Instead, how much you spend is up to you. You move money from your Chime Checking Account to your Credit Builder secured account, and that is the amount you’re able to spend.

Since there is no set spending limit, you cannot have a high credit utilization ratio, and Chime cannot report credit utilization to the credit bureaus. Chime reports your payment history to all three major credit bureaus: Experian, TransUnion, and Equifax.

The exact impact on your credit varies, but an on-time payment history will improve your credit score, while late or missed payments may negatively affect your credit. Turn on Safer Credit Building³¹ to automatically pay your balance in full each month from the money you moved into your Credit Builder secured account. This optional feature ensures that you never miss a payment.

If you miss a payment, Chime will disable your Credit Builder card and ask you to pay the outstanding balance. If you do not pay in full within 30 days, it will report the missed payment to the major credit bureaus. Missed and late payments will appear on your credit report, hurting your score. The best thing you can do is pay on time and set up the Safer Credit Builder Feature³¹ to avoid human error.

Get even more with Chime+

Chime has a new tier called Chime+ that’s completely free. It gives qualifying members access to higher savings and more banking products.

Feature	Chime	Chime+
MyPay		√
SpotMe		√
Savings Account rate	1.25% APY	3.75%
24/7 Customer Support	√	Priority
Chime Deals	√	Exclusive
Credit Builder card	√	√
Fee-free ATMs	√	√
Banking app	√	√

Data from Chime

To be eligible for Chime+ you need a qualifying direct deposit of $200+ within the preceding 34 days. Once the neobank receives the direct deposit, Chime+ benefits start automatically. They will continue for as long as the direct deposits continue.

What Chime does well

Get paid early

Set up direct deposits and get your paycheck up to two days earlier than you would with some traditional banks. Chime makes your paycheck available to you on the very same day it receives it from your employer, which may be up to 2 days earlier than your scheduled payday.³²

Enjoy MyPay

MyPay is Chime’s version of a paycheck advance. You can receive up to $500 of your pay any time you need it.⁴² The money is deposited into your account within 24 hours for free, or you can pay $2 to receive it instantly. There are no mandatory fees, no credit checks, no interest, and no tipping.

To get access to MyPay, you must:

Be at least 18 years old
Set up a $200+ qualifying direct deposit
Activate your Chime card
Live in a state where MyPay is offered⁴¹
Repaid any prior MyPay advances on time and in full

MyPay is offered in all states except CO, CT, GA, HI, IL, MA, MD, ME, MN, MT, NJ, NM, NV, SD, VT, WA, WI, or WY.

You can use MyPay as often as you like, even daily. The amount you can access from your paycheck refreshes as you work.

Chime sets individual limits on how much you can advance. The minimum amount is $20. Most members start out with a limit of $50 to $100. As you repay on time and show a history of steady direct deposits, your limit can go up to $500. Advances are repaid out of your next direct deposit.

Exceeds Expectations!

“I’ve been a Chime customer for over two years, and they’ve consistently exceeded expectations. In under a year, their Credit Builder feature delivered a significant 40+ point increase to my credit score. Beyond the impressive credit growth, their financial guidance has been invaluable. Recently, I experienced exceptional customer service from Belle, who handled a duplicate charge issue with patience, professionalism, and genuine comfort. Chime stands out as a reliable and supportive financial partner, offering effective tools and top-tier service. Highly recommended, especially for anyone seeking tangible credit improvement and outstanding customer support.”

Brandalyne

February 22, 2025

Cash in with Chime Deals

Chime Deals lets you earn cash back on everyday purchases like gas, groceries, and restaurants. Look through the app for retailers you plan to visit or deals nearby. Activate the deal before you visit the retailer. Then swipe your Chime card to earn cash back.

Any cash back you earn will be deposited automatically into your Chime Checking Account within 10 business days.

If you’re a Chime+ member, you’ll get access to exclusive cash back deals. Exclusive deals can also be redeemed online through your digital wallet if you use your Chime card.

Access on the go

With an award-winning mobile financial app, Chime ensures banking services are always within reach.²³ Check your balances, locate in-network ATMs³⁵, and send money to friends all through the mobile app. Stay in control with daily balance notifications and transaction alerts. If you lose your debit card, you can disable transactions and request a new card for free.

New

Turn easy tasks into real rewards –
worth up to $499/year!

SpotMe®

Chime will spot eligible members who need a little extra cushion to cover an expense.³³ Get fee-free overdraft on debit card purchase transactions, credit card transactions, ATM withdrawals, and cash-back transactions up to your specified limit. SpotMe® limits start at $20 and can go up to $200! Overdraft coverage with SpotMe ensures that you can make purchases that exceed your balance without incurring overdraft fees.

Chime will automatically deduct the amount from your next deposit and ask for a tip, but tipping is entirely up to you.³⁴ If you overdraw more than your limit or don’t have SpotMe®, Chime will decline the transaction, and you won’t be charged a fee.

Automatic savings

Chime lets you send 10% of your paycheck to your savings account with Save When I Get Paid³⁶ and makes it easy to enable Round Ups.³⁷ Putting your savings on auto-pilot helps your money grow faster

A decent savings rate

Chime’s High-Yield Savings Account offers a competitive 1.25% APY.²⁶ Big banks like Bank of America and Chase only offer a 0.01% APY on their savings accounts. Earn more on every dollar in your savings account.

Low fees

Chime stands out for its transparent fee structure and low costs. There are no overdraft fees, no monthly maintenance fees, no annual fees, no transfer fees, no minimum balance fees, and no foreign transaction fees.

Chime checkbook

Like most digital neobanks, Chime does not give you paper checks to write, but it does offer the ability to send checks through its digital checkbook. It can take a few days for a check to be processed and sent, so it’s best to schedule payments beforehand.³⁸

Large ATM network

You can access over 50,000 fee-free ATMs at stores like Walgreens, Target, CVS, 7-Eleven, and more.³⁵ If you don’t know where the nearest in-network ATM is, you can easily locate it via the map on your app.

Pay anyone, the fast-free way

Send money instantly to friends and family, whether they’re a Chime member³⁹ or not⁴⁰, without any fees. All they need is a valid debit card to get their cash. No sign-up is necessary, and you’ll never pay instant cash-out fees when you use Pay Anyone.

I love Chime

“I love Chime. The “Spot Me”, “My Pay” and “Instant Loans” are super convenient and all while rebuilding my credit! I definitely recommend it to friends and family. Plus, the app is so easy to use. Chime is a win – win!”

Susan Hillhouse

May 25, 2024

What Chime could improve

Fees for cash deposits

Unlike a lot of online-only neobanks, Chime does allow you to put cash in your account at over 75,000 retailers across the country. Retailers include Walmart, CVS, 7-Eleven, and Walgreens. The catch is that most charge a fee. You can add cash to your account for free at one of Duane Reade or Walgreens’ over 8,000 locations.

ATM fee

While Chime has a large ATM network you can use for free, using out-of-network ATMs incurs a fee of $2.50.³⁵ In addition to Chime’s fee, many ATMs charge their own third-party fees.

Chime pros and cons

Pros:

No overdraft fees
No monthly fees
No minimum balance or deposit for opening accounts
Large fee-free ATM network
Early direct deposit
Customer service is available 24/7
Higher than average APY on savings
Automatic savings features
Credit Builder card without a security deposit
Send money to friends instantly
Earn cash back on everyday purchases
Receive cash advances

Cons:

No physical branches
Fees for cash deposits
Out-of-network ATM fee
Limited banking products
Past legal difficulties
Chime+ members get more benefits
No joint accounts
Limited international money transfers

How to open an account with Chime

Opening a Chime Checking Account is straightforward and takes less than two minutes.

1. Download the Chime app.

2. Enter your name, address, and date of birth.

3. Set up direct deposit or connect to your current bank account to transfer funds.

4. Decide if you want to open a savings account at the same time.

5. Indicate if you want to apply for the Credit Builder card.

6. You can use your virtual debit card right away.

7. Your physical debit card will arrive in 7-10 business days.

Easiest and best bank

“I have had my Chime account for three years and have zero complaints. It is the easiest and best bank that I have ever had. My check is deposited two days before my coworkers and I have both checking and savings. I have increased my credit score and have been able to get a Discover card. The Credit Builder card is excellent. This company has the best customer service ever. You will not be disappointed with this bank!”

Julie

December 12, 2024

How to withdraw money from a Chime account

Spending and withdrawing money is easy with Chime. You can use the Chime Visa Debit Card²⁵ for purchases anywhere Visa is accepted or withdraw cash from ATMs³⁵ within Chime’s extensive network. You can also get cash back at the register at places like grocery stores, gas stations, and drug stores. Lastly, you can use your Secured Chime Credit Builder Visa® Credit Card²⁴ to withdraw cash from ATMs. This is a cash advance, but unlike most credit card cash advances, there is no interest or fees if you get it from a MoneyPass, Allpoint, or Visa Plus Alliance ATM.

How much can I withdraw from Chime?

Chime sets the Credit Builder card ATM withdrawal limit at $1,015 per day. If you have less than that in your account, you can withdraw up to your balance. Credit Builder ATM withdrawals do not impact the withdrawal limit on your debit card.

Chime does not publicly disclose how much you can withdraw via your debit card. It gives individual limits that you can check in your account settings. The limits depend on your account history and the type of transaction.

The following transactions count toward your daily debit card limit:

Fees
Cash withdrawals
Cash back withdrawn at point-of-sale
Purchases

Your daily withdrawal and spending limits reset at midnight Mountain Standard Time (MST).

How to add money to your Chime account

You can add funds to your Chime Checking Account via direct deposit, mobile check deposit, or cash deposits at participating retail locations, though the latter may incur fees. You can put cash in your account for free at one of Duane Reade and Walgreens’ over 8,000 locations (more walk-in locations than many big banks have). Once the retailer accepts your cash, the funds will be transferred to your Chime Checking Account. It takes roughly two hours for the money to hit your account.

Is Chime legit?

Chime is a legitimate fintech company based in San Francisco. It has offices in Chicago and Vancouver, British Columbia. Chime works with Bancorp Bank and Stride Bank, which are both FDIC-insured,²³ to offer its products and services. Its goal is to make banking convenient and accessible to everyone.

There are plenty of fintech companies working in the mobile banking space. Take a look at what Chime has to offer and compare it with others to see if it’s right for you.

Love Chime!

“I absolutely love Chime! It is so easy to move money from one account to another. The $20 overdraft allowance has helped me on more than one occasion.

Yes, their customer service people are in another country, but they have always been very friendly and worked hard to resolve any questions that I had.

Truthfully, I don’t even know why I continue to do part of my banking through a traditional bank. Chime’s services beat theirs by a mile.”

Susan Henry

December 23, 2024

Who is Chime best for

Chime is a good option if you’re looking for a straightforward, fee-free online banking experience.²³ The fintech company does not conduct a credit check when you apply or look into your ChexSystems report when opening an account. This makes it a smart pick if you have poor credit or have made past banking mistakes. Chime not only makes it easy to open an account, but it will also help you build credit and does not charge many fees. The only catch is that there are no physical branches, so you must be comfortable with digital banking for Chime to be right for you.²³

Frequently asked questions

1. Is Chime worth it?

Whether Chime is worth it depends on your personal finances. If you are looking for a second-chance bank account, a secured card without a deposit, or a high-yield savings account with a minimum balance requirement, Chime can be a good fit.

2. How can I add money to my Chime card?

You can add money to your Chime debit card by depositing cash for free at Walgreens or for a small fee at other retail locations.

3. Can I withdraw $5,000 from Chime?

Chime does not specify its daily withdrawal limit, but it is highly likely that $5,000 exceeds it.

4. How much does Chime charge for ATM?

Chime has an extensive network of fee-free ATMs. If you use an out-of-network ATM, Chime charges $2.50 per transaction.

5. Can you have 2 Chime accounts?

No, you can only have one Chime account. Within your one account, you can open up a checking account and a high-yield savings account.

Bottom line

Chime is a fintech company, not a bank, but it may work well for you if you’re looking for an online-only banking experience with minimal fees.²³ The fintech company won’t check your credit score or your ChexSystems profile, making it a good choice if you’ve had issues with banks in the past. It offers a place to bank, save your money, and build credit with very few fees. If you’re comfortable with digital-only banking, Chime is a strong contender in the fintech space.

1. Paycheck Advance is For eligible customers only. Your actual available Paycheck Advance amount will be displayed to you in the mobile app and may change from time to time. Conditions and eligibility may vary and are subject to change at any time, at the sole discretion of Finco Advance LLC, which offers this optional feature. Finco Advance LLC is a financial technology company, not a bank. Expedited disbursement of your Paycheck Advance is an optional feature that is subject to an Instant Access Fee and may not be available to all users. Expedited disbursements may take up to an hour. For more information, please refer to Paycheck Advance Terms and Conditions.

2. Paycheck Advance is an earned wage access service and is not a loan or credit product.

3. Current is a financial technology company, not an FDIC-insured bank. FDIC insurance up to $250,000 only covers the failure of an FDIC-insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. Banking services provided by Choice Financial Group, Member FDIC, and/or Cross River Bank, Member FDIC. The Current Visa® Debit Card, which may be issued by Choice Financial Group and/or Cross River Bank, and the Current Visa® secured charge card, which is issued by Cross River Bank, are all issued pursuant to licenses from Visa U.S.A. Inc. and may be used everywhere Visa debit or credit cards are accepted. A Current debit account is required to apply for the Current Visa® secured charge card. Independent approval required.

4. Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct deposit and earlier availability of funds is subject to timing of payer’s submission of deposits.

5. Debit card: Fees may apply, including out of network cash withdrawal fees, third-party fees, cash load fees, inactivity fees, account closure fees, international transaction fees, replacement card fees, express mail fees and escheatment fees. Build Card: Some fees may apply, including out of network ATM fees of $2.50 per transaction, late payment fees of 3% of any total due balance outstanding and past due for two or more billing cycles, foreign transaction fees of 3% of the full transaction amount (minimum $0.50), card replacement fees per card of $5 for regular delivery and $30 for expedited delivery, cash deposit fees of $3.50 per deposit, and third party processing fees.

6. The Current Visa® Debit Card is issued by Choice Financial Group pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted. The Current Visa® secured charge card is issued by Cross River Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted. Please see the back of your Card for its issuing bank. Current Individual Account required to apply for the Current Visa® secured charge card. Independent approval required.

7. Individual results may vary. Using your credit card responsibly may allow you to improve your credit score. Credit building depends on various factors, including your payment history, credit utilization, length of credit history, and other financial activities.

8. Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct deposit and earlier availability of funds is subject to timing of payer’s submission of deposits.

9. Funds held in Savings Pods are FDIC-insured on a pass-through basis up to $250,000 at our partner bank Choice Financial Group, member FDIC.

10. Actual overdraft amount may vary and is subject to change at any time, at Current’s sole discretion. In order to qualify and enroll in the Fee-Free Overdraft feature, you must receive $500 or more in Eligible Direct Deposits into your Current Account over the preceding 35-day period and fulfill other requirements subject to Current’s discretion. Negative balances must be repaid within 60 days of the first Eligible Transaction that caused the negative balance. For more information, please refer to Fee-free Overdraft Terms and Conditions. Individual Current Accounts only.

11. For eligible customers only. You may earn Points in connection with your Build Card purchases at retailers whose merchant code is classified as: Dining (e.g., restaurants) and Groceries (e.g., supermarkets) and by completing other actions that Current designates as subject to the Current Points Program. The amount of Points granted for different actions as well as the purchase requirements necessary to earn Points will vary, and is subject to Current’s sole discretion. After qualifying, please allow 3-5 business days for points to post to your Current account. Points will expire 365 days after they settle. For more information (including specific eligibility criteria), please refer to the Current Points Terms and Condition.

12. Some fees may apply, including out of network ATM fees of $2.50 per transaction, late payment fees of 3% of any total due balance outstanding and past due for two or more billing cycles, foreign transaction fees of 3% of the full transaction amount (minimum $0.50), card replacement fees per card of $5 for regular delivery and $30 for expedited delivery, cash deposit fees of $3.50 per deposit, and third party processing fees.

13. Boost Bonuses are credited to your Savings Pods within 48 hours of enabling the Boost feature and on a daily basis thereafter, provided that the Savings Pod has accrued a Boost Bonus of at least $0.01. No minimum balance required. The Boost rate on Savings Pods is variable and may change at any time. The disclosed rate is effective as of August 1, 2023. Must have $0.01 in Savings Pods to earn a Boost rate of either 0.25% or 4.00% annually on the portion of balances up to $2000 per Savings Pod, up to $6000 total. The remaining balance earns 0.00%. To earn a Boost rate of 4.00%, the sum of your Eligible Payroll Deposits over a rolling 35-day period must be $500 or more, with at least one Eligible Payroll Deposit equalling a minimum of $200. For more information, please refer to Current Boost Terms and Conditions.

14. Your money is FDIC-insured on a pass-through basis up to $250,000 at each of our partner banks, Choice Financial Group and Cross River Bank, members FDIC.

15. Average value based on Fine Hotels + Resorts bookings in 2023 for stays of two nights. Benefits include daily breakfast for two, room upgrade upon arrival when available, $100 amenity, guaranteed 4PM late checkout, and noon check-in when available. Certain room categories not eligible for upgrade. $100 amenity varies by property. Actual value will vary based on property, room rate, upgrade availability, and use of benefits.

16. Up to $500 per Covered Trip that is delayed for more than 6 hours; and 2 claims per Eligible Card per 12 consecutive month period. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

17. The maximum benefit amount for Trip Cancellation and Interruption Insurance is $10,000 per Covered Trip and $20,000 per Eligible Card per 12 consecutive month period. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

18. Baggage Insurance Plan coverage can be in effect for Covered Persons for eligible lost, damaged, or stolen Baggage during their travel on a Common Carrier Vehicle (e.g. plane, train, ship, or bus) when the Entire Fare for a ticket for the trip (one- way or round-trip) is charged to an Eligible Card. Coverage can be provided for up to $2,000 for checked Baggage and up to a combined maximum of $3,000 for checked and carry-on baggage, in excess of coverage provided by the Common Carrier. The coverage is also subject to a $3,000 aggregate limit per Covered Trip. For New York State residents, there is a $2,000 per bag/suitcase limit for each Covered Person with a $10,000 aggregate maximum for all Covered Persons per Covered Trip. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

19. Car Rental Loss and Damage Insurance can provide coverage up to $75,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.

20. Coverage for a Stolen or damaged Eligible Cellular Wireless Telephone is subject to the terms, conditions, exclusions, and limits of liability of this benefit. The maximum liability is $800, per claim, per Eligible Card Account. Each claim is subject to a $50 deductible. Coverage is limited to two (2) claims per Eligible Card Account per 12 month period. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

21. When an American Express® Card Member charges a Covered Purchase to an Eligible Card, Extended Warranty§ can provide up to one extra year added to the Original Manufacturer’s Warranty. Applies to warranties of five (5) years or less. Coverage is up to the actual amount charged to your Card for the item up to a maximum of $10,000; not to exceed $50,000 per Card Member account per calendar year. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

22. Purchase Protection is an embedded benefit of your Card Membership and requires no enrollment. It can help protect Covered Purchases made on your Eligible Card when they’re accidentally damaged, stolen, or lost, for up to 90 days from the Covered Purchase date. The coverage is limited to up to $10,000 per occurrence, up to $50,000 per Card Member account per calendar year. Coverage Limits Apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

23. Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC.

24. The secured Chime Credit Builder Visa® Card is issued by Stride Bank, N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted.

25. Banking services and debit card provided by The Bancorp Bank N.A. or Stride Bank, N.A., Members FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.

26. The Annual Percentage Yield (“APY”) for the Chime Savings Account is variable and may change at any time. The disclosed APY is effective as of September 20, 2023. No minimum balance required. Must have $0.01 in savings to earn interest.

27. There’s no fee for the Chime Savings Account. Cash withdrawal and Third-party fees may apply to Chime Checking Accounts. You must have a Chime Checking Account to open a Chime Savings Account.

28. To apply for Credit Builder, you must have received a single qualifying direct deposit of $200 or more to your Chime Checking Account. The qualifying direct deposit must be from your employer, payroll provider, gig economy payer, or benefits payer by Automated Clearing House (ACH) deposit OR Original Credit Transaction (OCT). Bank ACH transfers, Pay Anyone transfers, verification or trial deposits from financial institutions, peer to peer transfers from services such as PayPal, Cash App, or Venmo, mobile check deposits, cash loads or deposits, one-time direct deposits, such as tax refunds and other similar transactions, and any deposit to which Chime deems to not be a qualifying direct deposit are not qualifying direct deposits.

29. Money added to Credit Builder will be held in a secured account as collateral for your Credit Builder Visa card, which means you can spend up to this amount on your card. This is money you can use to pay off your charges at the end of every month.

30. Based on a representative study conducted by Experian®, members who made their first purchase with Credit Builder between June 2020 and October 2020 observed an average FICO® Score 8 increase of 30 points after approximately 8 months. On-time payment history can have a positive impact on your credit score. Late payment may negatively impact your credit score.

31. On-time payment history may have a positive impact on your credit score. Late payment may negatively impact your credit score. Chime will report your activities to Transunion®, Experian®, and Equifax®. Impact on your credit may vary, as Credit scores are independently determined by credit bureaus based on a number of factors including the financial decisions you make with other financial services organizations.

32. Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.

33. SpotMe® on Debit is an optional, no fee overdraft service attached to your Chime Checking Account. To qualify for the SpotMe on Debit service, you must receive $200 or more in qualifying direct deposits to your Chime Checking Account each month and have activated your Visa debit card. Qualifying members will be allowed to overdraw their Chime Checking Account for up to $20 on debit card purchases and cash withdrawals initially but may later be eligible for a higher limit of up to $200 or more based on Chime Account history, direct deposit frequency and amount, spending activity and other risk-based factors. The SpotMe on Debit limit will be displayed within the Chime mobile app and is subject to change at any time, at Chime’s sole discretion. Although Chime does not charge any overdraft fees for SpotMe on Debit, there may be out-of-network or third-party fees associated with ATM transactions. SpotMe on Debit will not cover any non-debit card transactions, including ACH transfers, Pay Anyone transfers, or Chime Checkbook transactions. SpotMe on Debit Terms and Conditions.

34. Tipping or not tipping has no impact on your eligibility for SpotMe®.

35. Out-of-network ATM withdrawal fees may apply except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM.

36. Save When I Get Paid automatically transfers 10% of your direct deposits of $500 or more from your Checking Account into your savings account.

37. Round Ups automatically round up debit card purchases to the nearest dollar and transfer the round up from your Chime Checking Account to your savings account.

38. Mobile Check Deposit eligibility is determined by Chime in its sole discretion and may be granted based on various factors including, but not limited to, a member’s direct deposit enrollment status.

39. Funds are automatically debited from your Checking Account and typically deposited into the recipient’s Checking Account within seconds. Pay Anyone transactions will be monitored and may be held, delayed or blocked if the transfer could result in fraud or another form of financial harm. Sometimes instant transfers can be delayed.

40. Pay Anyone transactions will be monitored and may be held, delayed or blocked if the transfer could result in fraud or another form of financial harm. Sometimes instant transfers can be delayed. Non-Chime members must use a valid debit card to claim funds.

41. MyPay is only offered in select states

42. To be eligible for MyPay, you must receive qualifying direct deposits to your Chime Checking Account as set forth in the MyPay Agreement. A qualifying direct deposit is a deposit from an employer, payroll provider, gig economy payer, government benefits payer, or other permitted source of income by Automated Clearing House (“ACH”) or Original Credit Transaction (“OCT”). Your MyPay Credit Limit and Maximum Available Advance may change at any time. MyPay is a line of credit and available limits are based on estimated income and risk-based criteria. Eligible members may be offered a $20 – $500 Credit Limit per pay period. Your Credit Limit and Maximum Available Advance will be displayed to you within the Chime app. MyPay is currently only available to eligible Chime members in certain states. Other restrictions may apply.

43. Not affiliated with Empower Annuity Insurance Company of America (www.empower.com). Not everyone will qualify. Offers range from $10-$300 for first-time customers; $10-$400 for all others. Offers are based on our eligibility requirements and can go up with on-time payments. In Feb 2025, the average offer was $95 for first-time customers; $187 for all others. Instant delivery is optional—see fees in Empower’s Terms. Empower offers a 14-day trial for first-time customers followed by an auto-recurring $8/month subscription fee. Cancel anytime.

* EarnIn is not available for Connecticut residents

Rachel Alulis

Rachel Alulis has been the lead editor for Moneyfor's credit cards team since 2015 and for the financial rewards team since 2023. Before joining Moneyfor, Rachel worked at USA Today and the Des Moines Register. She then established a successful freelance writing and editing business specializing in personal finance. Rachel holds a bachelor's degree in journalism and an MBA.

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