How does chime credit card work?

Easy credit card application. Chime members can apply for a credit card online. Plus, there’s no credit check to apply! There is no fee to open this credit card – and you won’t pay interest on your balance either. Credit score improvements. Chime reports on-time payments to all three credit bureaus, which can help improve your credit score.

Does chime offer a credit card?

Currently, Chime offers a , a type of card that requires cash collateral to help you build credit, as opposed to unsecured credit cards. You apply for a credit card (usually online) and get approved. Though it varies, approval is often based on your credit history and other financial factors.

What is a chime credit builder Visa credit card?

The secured Chime Credit Builder Visa Credit Card is issued by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC. pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted. Chime Checking Account and qualifying direct deposit required to apply.