Chime Visa Debit Card review: fees, limits and how it works
People who get paid by direct deposit and want no monthly fees
Quick answer: The Chime Visa Debit Card comes with a Chime Checking account, with banking through The Bancorp Bank or Stride Bank. There's no monthly fee, so a direct deposit user who sticks to in-network ATMs pays $0 a month. Out-of-network withdrawals cost $2.50 each. It suits people paid by direct deposit.
Best for: People who get paid by direct deposit and want no monthly fees
Pros
- No monthly or minimum balance fees
- SpotMe fee-free overdraft with $200+ in qualifying direct deposits
- Early direct deposit
Cons
- Out-of-network ATM fee
- Cash deposits go through third-party retailers
What the Chime Visa Debit Card costs per month
| If you… | Monthly cost | How it adds up |
|---|---|---|
| Direct deposit user, in-network ATMs only | $0 | Chime charges no monthly or minimum balance fees, and withdrawals at in-network ATMs are free. |
| 2 out-of-network ATM withdrawals | $5 plus ATM operator fees | Chime charges $2.50 per out-of-network withdrawal (2 x $2.50), and the ATM operator may add its own fee. |
| One $100 MyPay advance delivered instantly | $3 | Instant MyPay delivery costs 3% of the advance, with a $2 minimum and $5 maximum: 3% of $100 is $3. Waiting up to 24 hours for delivery costs $0. |
Who it suits
Good fit if
- People paid by direct deposit who want no monthly fee
- Using Chime's large fee-free ATM network
- Getting paid early with direct deposit
Skip it if
- You rely on out-of-network ATMs
- You deposit cash often at stores other than Walgreens
- You want a bank with branches
Fees
| Monthly fee | None |
| Other | $2.50 out-of-network ATM withdrawal |
| MyPay instant advance | 3% of the advance, $2 minimum and $5 maximum (free if you wait up to 24 hours) |
How to get and load it
Apply online or in the app. Chime doesn't run a credit check to open a checking account.
- Direct deposit
- Bank transfer
- Retail cash deposit
Activation
Activate in the Chime app once the card arrives. See our step-by-step activation guide.
Deposit protection and credit building
Protection: Chime isn't a bank. Deposits are insured up to $250,000 through The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC.
Credit building: Not by itself. See the separate Chime Credit Builder (Chime Card).
Chime Visa Debit Card FAQs
Does the Chime Visa Debit Card have a monthly fee?
Monthly fee: None. Other charges to check: $2.50 out-of-network ATM withdrawal; MyPay instant advance: 3% of the advance, $2 minimum and $5 maximum (free if you wait up to 24 hours).
How do I activate the Chime Visa Debit Card?
Activate in the Chime app once the card arrives.
Is money on the Chime Visa Debit Card insured?
Chime isn't a bank. Deposits are insured up to $250,000 through The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC.
Does the Chime Visa Debit Card build credit?
Not by itself. See the separate Chime Credit Builder (Chime Card).
How do I add money to the Chime Visa Debit Card?
You can load it by direct deposit, bank transfer, retail cash deposit.
Official Chime (banking by The Bancorp Bank, N.A. or Stride Bank, N.A.) site
Sources: www.chime.com · www.chime.com · help.chime.com. Fees change; confirm on the official fee schedule.