But Chime doesn’t look at such reports and touts that it can help you rebuild your finances. You could be denied a new account because of black mark on your banking record (maybe you didn’t pay an overdraft fee). Similar to your credit score, you also have a banking score.
But you won’t find other types of banking features, such as loan opportunities or certificates of deposit (CDs). Instead, Chime works with partner banks (Bancorp Bank and Stride Bank) to provide a savings, a checking and a credit builder account. About ChimeĬhime is a financial technology company, also called a “fintech,” not a regular bank. Note: account details and annual percentage yields (APYs) are accurate as of November 3, 2023. Bank branches or online only: Online only.Other accounts: Credit Builder Account.Savings accounts: Chime High-Yield Savings Account.Checking accounts: Chime® Checking Account.
