Our Promise to Our Audience
At GOBankingRates, our editorial mission is to deliver unbiased and insightful reviews. Our team employs data-driven strategies in assessing financial services, ensuring that advertising does not sway our evaluations. Explore our editorial guidelines and learn about our review methodology for products.
20 Years
Empowering Your Financial Future
Chime®* provides a modern alternative to conventional banking, focusing on user-friendly online services. Renowned for its rapid direct deposit system, Chime ensures you receive your salary up to two days earlier than typical banking methods, making it a compelling choice for salary earners seeking efficiency.
Exploring the Latest Chime Offers
Diversify your financial options beyond conventional banking with a Chime account. Whether you’re drawn by their engaging sign-up bonuses or the convenience of direct deposit incentives, now is a great moment to consider Chime. Here are the current bonus offers available through Chime.
| Account Type | Bonus Amount | Offer Validity |
|---|---|---|
| Chime Referral Bonus | $100 per referral | Continuing |
| Chime SpotMe® Bonus | Up to $50 | Ongoing (dependent on account usage) |
Maximize Your Earnings with the Chime Referral Bonus
The Chime Referral program not only rewards you but also your friends. If you successfully refer someone and they open an account, both parties can earn $100. Discover how you can benefit from this offer:
- Bonus Value: $100
- Direct Deposit Requirement: At least $200
- Eligibility Criteria: Direct deposits must originate from your payroll, government benefits, or an original credit or debit transaction. Transfers from other banks, PayPal, or Venmo are not eligible.
- Qualification: Both existing and new users can earn $100 by following the account opening and referral instructions.
- Bonus Allocation: Successfully meeting the criteria means bonuses should appear in your account shortly afterward.
- Referral Earnings Cap: Earn up to $1,000 in referral bonuses annually.
Secure a Personal Referral Code
Ready to start earning through Chime referrals? Ensure you have your unique referral link ready to share:
- Access your Chime app and log in.
- Select the settings gear icon and choose “Invite Friends, Get Paid.”
- Distribute your referral link via social platforms, email, or text.
- Earn $100 once your referral qualifies and opens an account.
Exploring Chime’s Account Variety
While the $100 referral reward is not tied to any specific Chime account type, new users can opt for either a checking or savings account through an existing user’s referral. Here’s what Chime offers:
Chime Checking Account Overview
- No overdraft charges
- No monthly service fees
- No mandatory deposit amount
- Access to a vast ATM network at no cost3
Exploring Chime’s High-Yield Savings Account
- Variable Annual Percentage Yield (APY)4
- No fees or minimum deposit requirements
- Automated savings feature diverts 10% of your pay into savings
- Opt for “Round Ups” to boost savings with debit card usage
- A corresponding Chime Checking Account is required to open a High-Yield Savings Account.
Exploring Chime SpotMe® Specials
Alongside the referral incentives, Chime also extends SpotMe6 Bonuses, reflective of your account activity:
- These bonuses augment your current SpotMe limit.
- Your account history and participation may determine bonus eligibility.
- Eligible users may maintain a $50 balance at any one time.
- Any additional bonuses are queued until others expire.
- Maintaining consistent eligibility is crucial for receiving SpotMe bonuses.
Steps to Open a Chime Account
Starting your journey with Chime is straightforward. Besides an internet connection, you’ll need to be at least 18 years old and a U.S. resident or citizen. Apply easily via the Chime website or download the Chime mobile app for iPhone or Android. The process typically takes only a few minutes.
Your Verdict: Why Consider Chime?
If you manage most finances online, Chime is a compelling choice. Enjoy savings on bank fees. Their mobile app supports bill payments and money transfers. Plus, if eligible, take advantage of mobile check deposit options. While perfect for digital users, if frequent cash deposits are part of your routine, Chime—offering fee-free deposits at Walgreens—might not be optimal.
Frequently Asked Questions: Chime Bonus Offers
Here are answers to some common inquiries about Chime’s promotions:- What bonuses does Chime offer new users?
- Through a referral link, new Chime users can get a $100 bonus after meeting direct deposit conditions.
- Are there any promotions for existing users?
- While signup bonuses aren’t available, referring a friend earns you and them $100.
- When do promotional offers expire?
- Chime’s offers lack specific expiration dates, so regularly check for updates.
- Can Chime bonuses be mixed with other offers?
- No. Current bonuses and promotions, such as referral or SpotMe, are standalone and subject to change.
Discover More About Chime
Thoughtful contributions by Caitlyn Moorhead, Cynthia Bowman, and Julia Gordon.
Note: The information provided is not sponsored by any entity within this article. All opinions remain the author’s own and have not been reviewed or endorsed by any party mentioned.
*Chime is a fintech company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC.
Discover more from Make Money Online and Work From Anywhere
Subscribe to get the latest posts sent to your email.
