{"id":2860,"date":"2022-01-09T08:38:59","date_gmt":"2022-01-09T08:38:59","guid":{"rendered":"https:\/\/moneymakersandsavers.com\/?p=2860"},"modified":"2022-01-09T08:41:31","modified_gmt":"2022-01-09T08:41:31","slug":"chime-online-bank","status":"publish","type":"post","link":"https:\/\/moneymakersandsavers.com\/chime-online-bank\/","title":{"rendered":"Chime &#8211; First Bank To Pay You 2 Days Ahead Of Payday!"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_55 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6618caad2e5b7\"><span class=\"\"><span style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #4ff74c;color:#4ff74c\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #4ff74c;color:#4ff74c\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6618caad2e5b7\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/moneymakersandsavers.com\/chime-online-bank\/#What_is_Chime\" title=\"What is Chime?\">What is Chime?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/moneymakersandsavers.com\/chime-online-bank\/#Chime_Spend_Account\" title=\"Chime Spend Account\">Chime Spend Account<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/moneymakersandsavers.com\/chime-online-bank\/#Chime_Savings_Account\" title=\"Chime Savings Account\">Chime Savings Account<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/moneymakersandsavers.com\/chime-online-bank\/#Chime_Credit_Card\" title=\"Chime Credit Card\">Chime Credit Card<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"what-is-chime\"><span class=\"ez-toc-section\" id=\"What_is_Chime\"><\/span><strong>What is Chime?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"http:\/\/chime.com\" target=\"_blank\">Chime<\/a> is an online bank like <a href=\"https:\/\/moneymakersandsavers.com\/banking-investment-account-sofi\/\">Sofi<\/a> or <a href=\"https:\/\/moneymakersandsavers.com\/ally-com-the-online-bank-that-doesnt-charge-any-overdraft-fees\/\">Ally<\/a>. They are an online bank that provides <a href=\"https:\/\/moneymakersandsavers.com\/what-is-a-checking-account\/\">checking accounts<\/a>, <a href=\"https:\/\/moneymakersandsavers.com\/what-is-a-savings-account\/\">savings accounts<\/a>, and credit cards for its customers. It was founded on the premise that basic banking services should be helpful, easy, and free. That\u2019s why their model doesn\u2019t rely on an overdraft, monthly service, minimum balance, or other consumer fees. They partner with regional banks to create a more competitive market with better, lower-cost options for everyday Americans who aren\u2019t being served well by traditional banks. <\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"chime-spend-account\"><span class=\"ez-toc-section\" id=\"Chime_Spend_Account\"><\/span><strong>Chime Spend Account<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>The benefits that you get when you have your checking account with them include:<\/p>\n\n\n\n<p><\/p>\n\n\n\n<ul><li>No monthly maintenance fees<\/li><li>No minimum balance fees<\/li><li>60,000 fee-free ATMs at Walgreens, CVS, and more<\/li><li>Fee-free overdrafts on up to $200<\/li><li>Get paid up to 2 days early than your usual payday<\/li><li>Direct deposit<\/li><li>Similar to Apple Pay or <a href=\"https:\/\/moneymakersandsavers.com\/what-is-a-savings-account\/\">Sofi Money<\/a>, they offer a free to use P2P system that be used to transfer money to anyone with a Chime account instantly although it might take a few days if transferred to a non-Chime account<\/li><li>If your card is missing or you suspect unauthorized use, you can block all transactions on your&nbsp;<a href=\"http:\/\/www.chime.com\/debit-card\" target=\"_blank\" rel=\"noreferrer noopener\">debit card<\/a>&nbsp;card. Open their app and disable transactions to immediately prevent new debit&nbsp;or credit card&nbsp;purchases or ATM withdrawals.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"311\" height=\"162\" src=\"https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/09\/image-1.jpeg\" alt=\"chime-1\" class=\"wp-image-3170\" srcset=\"https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/09\/image-1.jpeg 311w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/09\/image-1-300x156.jpeg 300w\" sizes=\"(max-width: 311px) 100vw, 311px\" \/><\/figure><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"chime-savings-account\"><span class=\"ez-toc-section\" id=\"Chime_Savings_Account\"><\/span><strong>Chime Savings Account<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p> The benefits that you get when you have your checking account with them include: <\/p>\n\n\n\n<p><\/p>\n\n\n\n<ul><li>Earn 0.50% interest on your money <strong>(Note: This interest rate is subject to change at any time)<\/strong><\/li><li>No minimum balance or other fees<\/li><li>Similar to investment app <a rel=\"noreferrer noopener\" href=\"http:\/\/acorns.com\" target=\"_blank\">Acorn<\/a>, they have &#8220;round-up&#8221; feature to help you save your spare change whenever you spend<\/li><li>Similar to the investment app <a href=\"https:\/\/moneymakersandsavers.com\/how-to-save-and-invest-with-qapital\/\">Qapital<\/a>, they also have a feature to help you automatically save your money whenever you get paid.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"chime-credit-card\"><span class=\"ez-toc-section\" id=\"Chime_Credit_Card\"><\/span><strong>Chime Credit Card<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>They also offer their own credit builder to help people build their own credit. Technically, even though it is a credit card and it does help you build your credit, it works similarly to a debit card. You can transfer money from your Chime Spend account to your credit-builder account, then you can make all of your regular purchases, and finally, you pay for all the purchases with money that you moved over from the spending account.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Chime Credit Builder - A New Way To Build Credit\" width=\"720\" height=\"405\" src=\"https:\/\/www.youtube.com\/embed\/U5RJV8mzrrI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>video from the official <a href=\"https:\/\/www.youtube.com\/channel\/UCJKHRNXwJsaNIqnMTENngUQ\" target=\"_blank\" rel=\"noreferrer noopener\">Chime YouTube channel<\/a><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Some of the benefits that you get when using the credit builder card are:<\/p>\n\n\n\n<p><strong>[slm_content_lock]<\/strong><\/p>\n\n\n\n<ul><li>no annual fees<\/li><li>no interest<\/li><li>no credit check needed to apply<\/li><li>no minimum deposit needed like with secured cards<\/li><\/ul>\n\n\n\n<p><strong>[\/slm_content_lock]<\/strong><\/p>\n\n\n\n<p><strong>Disclaimer: I am not any sort of investment or financial professional giving any sort of legal advice. I\u2019m just some guy trying to teach other people about how they might navigate the financial world.<\/strong><\/p>\n\n\n\n<p><\/p>\n\n\n<form role=\"search\" method=\"get\" action=\"https:\/\/moneymakersandsavers.com\/\" class=\"wp-block-search__button-outside wp-block-search__text-button wp-block-search\"    ><label class=\"wp-block-search__label\" for=\"wp-block-search__input-1\" >Search<\/label><div class=\"wp-block-search__inside-wrapper \" ><input class=\"wp-block-search__input\" id=\"wp-block-search__input-1\" placeholder=\"\" value=\"\" type=\"search\" name=\"s\" required \/><button aria-label=\"Search\" class=\"wp-block-search__button wp-element-button\" type=\"submit\" >Search<\/button><\/div><\/form>\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is Chime? Chime is an online bank like Sofi or Ally. They are an online bank that provides checking accounts, savings accounts, and credit cards for its customers. It was founded on the premise that basic banking services should be helpful, easy, and free. That\u2019s why their model doesn\u2019t rely on an overdraft, monthly&#8230;<\/p>\n","protected":false},"author":159998696,"featured_media":2862,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kadence_starter_templates_imported_post":false,"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[1361,1536],"tags":[1366,1538,1539,1503,1537],"_links":{"self":[{"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/posts\/2860"}],"collection":[{"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/users\/159998696"}],"replies":[{"embeddable":true,"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/comments?post=2860"}],"version-history":[{"count":0,"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/posts\/2860\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/media\/2862"}],"wp:attachment":[{"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/media?parent=2860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/categories?post=2860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/tags?post=2860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}