what is a qualifying direct deposit chime

Free overdrafts: Qualifying account members who have at least a $200 direct deposit into their Chime account each month qualify for Chime SpotMe, which is an optional overdraft service that covers overdrafts up to $20.Savings round-up: The round-up feature can group each of your bank account transactions and save the change.Paychecks up to two days faster: If you set up paychecks to direct deposit into your Chime account, you may get paid up to two days sooner.You could be charged a third-party ATM fee if you go to one out of network. Fee-free ATMs: Cardholders get access to 60,000+ fee-free ATMs worldwide.No credit check: The application for a Chime Checking Account doesn’t involve a review of your past banking or credit history, which could be a boon if poor history is holding you back from qualifying for other bank accounts.Here are the ins and outs of what Chime has to offer: Chime checking accountsĬhime’s main product is checking accounts, which lets you handle everyday banking transactions like depositing a paycheck, paying bills and making withdrawals.Įach Chime account comes with a Visa debit card that you can swipe in stores or connect to your digital wallet. The banking services are actually handled by Chime’s FDIC-member partners, The Bancorp Bank and Stride Bank. But Chime is not a bank itself instead, it’s a tech company that created the banking platform.

Chime is a banking app that helps users manage their money.

What is a qualifying direct deposit chime