The Chime Credit Builder Visa® Card puts a new spin on the secured card, offering excellent value and low risk. It has no interest and no fees and there’s no credit check, making it a low-cost way to build credit. On the downside, you can only use the card if you have a Chime spending account. Show
Here is everything you need to know to decide if this is the right card for you. Chime Credit Builder Visa® Card4.1 out of 5 Chime’s entry is a solid option for those looking to build their credit score without a large security deposit or credit checks, especially if you have a Chime account or are considering opening one. While the card lacks some features and bonuses of traditional secured cards, it also boasts a network of over 60,000 ATMs, an intuitive app, excellent customer service, and no fees. Fees 5 out of 5 Welcome Bonus 1.5 out of 5 Credit Boost 5 out of 5 Requirements 5 out of 5 ProsReports monthly to all 3 credit bureaus No credit checks FDIC insured $0 Annual Fee and Monthly Fees ConsNo welcome bonus Requires a Chime account Visit Chime → 📚 In this post:
👉 What is Chime? Chime is a banking app that provides fee-free savings accounts, spending accounts, and the Chime Credit Builder. They are known for their “Spot Me” feature, which allows users to advance up to $200 against their next paycheck. Chime is not a bank: banking services are provided by The Bancorp Bank or Stride Bank. Learn more about Chime on their website How Does Chime Credit Builder Work?There are significant differences between the Chime Credit Builder Visa® Card and a conventional secured credit card. Here are some of the things that make Chime credit builder really stand out from similar credit building products.
|