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Chime® is a fintech company that says it was founded on the idea that basic banking services should be “helpful, easy and free.” The company’s flagship offering is a mobile-first online checking account that comes with a Visa debit card, fee-free access to tens of thousands of ATMs and no monthly service fees. Chime welcomes new account holders and relies on its existing customers to help bring them in. You can earn a $100 welcome bonus if you have a family member or friend who can make the introduction, and that person can collect a similar referral bonus. 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. Deposits are insured up to $250,000. How Can You Earn a Chime Sign-Up Bonus?Pocketing a Chime sign-up bonus takes just a few steps. To qualify, you must:
Here is the current cash bonus offer available to new Chime customers. Details are accurate as of Oct. 30, 2022. Chime Promotion for 2022Chime Checking Account: Earn Up to $100Chime focuses on providing low-cost basic banking services through its mobile app. With a Chime Checking account, you pay $0 in monthly maintenance fees, and there are no late fees or minimum balance requirements.
What Else Should You Know About Chime Bonus Offers?Chime Is a Fintech Company, Not a BankChime is a fintech company that offers its services exclusively through a mobile app. If you prefer to do all your banking via your smartphone, Chime may be a good fit. But if you want in-person service, check-writing privileges and the ability to take out a mortgage or auto loan where you bank, Chime may not be for you. You’ll want to supplement Chime with an account at a traditional bank—or do all your banking somewhere else. While it doesn’t have branch locations, Chime does offer a broad network of more than 60,000 fee-free ATMs at stores including Walgreens, 7-Eleven, CVS and Target. It also boasts that it’s able to offer customers access to direct-deposited paychecks up to two days early². Your Chime Bonus May Be TaxableBank account welcome bonuses are generally considered taxable interest income and are reported to the IRS. Chime will report any credit greater than $10, including your welcome bonus, to the IRS on a form 1099-INT. Chime’s Referral Bonus Includes an Overdraft Protection OfferIf you’re a Chime account holder and you refer a new customer, you can earn not only a $100 referral bonus but also a Chime $10 sign-up bonus of sorts. You’ll score a temporary increase in overdraft protection through the company’s “SpotMe®”³ service. SpotMe is an optional feature that initially allows you to overdraft your Chime account by up to $200 on debit card purchases and cash withdrawals. Over time, your SpotMe coverage can be boosted to $200 or more based on your account history. When you refer a friend who signs up with Chime, your SpotMe limit grows by $10. Chime Sign-Up Bonuses Are for New CustomersTo receive a Chime new account bonus, you must not have previously opened a Chime checking account. Bottom LineChime’s mobile-first, low-fee banking solution is designed for customers who need a bank account and want to manage it exclusively through a mobile app. The current Chime welcome bonus provides a modest incentive to open a Chime account. If you’re looking for a more traditional bank account and a bigger bonus, take a look at our list of the best bank bonuses. ¹Mobile 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. Find The Best Bank Bonuses & Promotions Of 2022 How do you trigger the Chime bonus?Open a new Chime account through a referral link provided by a relative or friend, then receive a qualifying direct deposit of $200 or more within the first 45 days, and you'll earn $100. The person referring you to Chime may receive a $100 referral bonus as a reward.
How do I get my 200 free Chime?SpotMe is a totally free service for eligible Chime members who overdraft their checking accounts. Once you're eligible, enroll in SpotMe (it's fee-free!), and we've got your back when you overdraft your account by up to $200.
Does Chime give you 200 dollars?Chime offers a host of features that help you boost your savings, build your credit and get cash when you need it. On of Chime's top features is SpotMe®, which lets you access up to $200 from an ATM or by making purchases on your debit card without charging a fee.
Does Chime let you borrow money?Chime Instant Loans provide easy access to money when you need it to cover an important expense. As soon as you accept your loan offer, the money will be available in your Chime Checking Account. You can use your app to check your current balance and set up automatic payments to pay back your loan.
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