What Is Chime ?
Chime is an online banking app. Chime states that they want to help people get ahead. This app offers spending accounts, savings accounts, and a credit building product. Users are given a debit card or a secured credit card, depending on the product chosen. Chime is known for being a no fees, no minimum balance banking institution.
How To Use Chime?
Chime users have the option of three products within the app. The first product is the spending account which is new version of a checking account. Spending account users receive a Visa debit card which can be used anywhere that Visa is accepted. There are no monthly fees or minimum balances required. The spending account
App for iPhone (iOS)
The Wallet app is connected with Apple Pay to any iPhone model. You are given an option to install Apple Pay when you set up your new smartphone. If you have an iTunes account, it is made available to you instantly upon Apple Pay setup.
You may add your Visa Debit Card by utilizing the iSight camera to record your card data instantaneously or manually inputting them. It’s worth noting that Apple Pay on the Apple Watch does not work with the Wallet. You may load your Chime Visa Debit Card on the linked iPhone. When the card is activated, an alert appears on the watch.
App for Android
To use Google Pay, make sure you have an Android phone running Lollipop 5.0 or above. You may use your Visa Debit Card with Google Pay and Samsung Pay on many devices and with different applications. The first card registered to Google Pay would be the default card for payment. It displays as the first card in the list at the top of the screen. The default card is marked as “default card.” To change your default card, choose the card you want to make the default, then click set as default.
Chime App APK
The banking app provides you with daily account balance updates and quick transaction alerts when using your debit card. That being said, downloading APK applications is not recommended since it can cause malware distribution and can pose a security threat to your device. Such a threat can cause you all of your hard-earned money, so make sure to download Chime app from legitimate sources and not from third parties.
Chime App Login
The application is accessible via Google Play Store or App Store. After installation, you can easily log in by encoding your email and password.
App Features
Here are the significant features that the Chime app provides:
- SpotMe: If you attempt to pay an amount that surpasses your account balance, This app usually decline the charge. However, if you handle a negative balance, the SpotMe feature protects you from overdraft fees up to $200. You must consider making $500 in monthly direct deposits to meet the criteria. Chime will refund itself when your next direct deposit is made.
- Early Direct Deposit Access: By completing some documents, you can receive your direct deposit pay up to 48 hours earlier through your Chime Spending Account.
- Try saving When Get Paid: This feature deposits only 10% of any direct deposit at least an amount of $500 into your Savings Account.
- Savings Round-Ups: This feature instantly rounds up your debit card transactions to the nearest dollar and deposits the difference into your savings account.
- Checkbook: Chime will establish and mail you pre-filled cheques for free. When Chime drafts the check, the funds are deducted from your account. Your payment and monthly limits are $5,000 and $10,000, respectively.
- Credit Builder: Chime’s credit card is intended to assist customers in building credit. Your “credit limit,” for example, is measured by the amount of money transferred from your spending account to your credit-builder account. You can only cost up to that amount, ensuring that you always charge off your credit balance every month.
- Chime offers Visa debit cards with zero liability: Visa’s policy protects cardholders from being held liable for fraudulent charges. The application allows the user to block transactions on your debit card automatically.
