

Bank ACH transfers, Pay Friends transfers, verification or trial deposits from financial institutions, peer to peer transfers from services such as PayPal, Cash App, or Venmo, mobile check deposits, and cash loads or deposits are not qualifying direct deposits. The qualifying direct deposit must have been made by your employer, payroll provider, or benefits payer by Automated Clearing House (ACH) deposit. To be eligible to apply for Credit Builder, you need to have received a qualifying direct deposit of $200 or more within the last 365 days of your application.

If you don’t have a Chime spending account, you will have to open one to get the credit builder card. Getting a Chime credit builder card is simple if you own a Chime spending account.
#HOW DOES CHIME CREDIT BUILDER WORK HOW TO#
SEE ALSO: How to get Metal Chime Card (2021) If you are wondering how you can get a Chime credit builder card, follow the step-by-step guide below.

However, to have a Chime Credit Builder Card, you must have a Chime spending account, and you must have had at least $200 in direct deposits made to the Chime Spending Account within the past 365 days. All products are presented without warranty.The Chime Credit Builder Visa Secured Credit Card is a card that lets you spend money like a debit card at the same time helps you build your credit score as traditional secured credit cards.Ĭhime Credit Builder Card differs from other cards as it does not charge you an annual fee and does not have any minimum security deposit or credit history check. Learn more about how we review products and read our advertiser disclosure for how we make money. While we work hard to provide accurate and up to date information that we think you will find relevant, The Smart Investor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impacts any of the editorial content on The Smart Investor. This allows us to maintain a full-time, editorial staff and work with finance experts you know and trust. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicant’s credit approval. This website does not include all card companies or all card offers available in the marketplace. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The product offers that appear on this site are from companies from which this website receives compensation.

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