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Chime

Score1.8 out of 10

5 Reviews and Ratings

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What is Chime?

Chime is an online banking solution from the company of the same name in San Francisco, allowing users to track account balances, daily transactions, and savings from anywhere with the Chime mobile app, and get daily balance notifications and instant transaction alerts any time for use of the included Chime Visa Debit Card.

Categories & Use Cases

Reviews

What users are saying about Chime.
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Beware! Your funds are not secure with Chime!

Kelly Sleger
General Manager in Corporate at Mid Florida RV (11-50 employees employees)

Use Cases and Deployment Scope

I had $850 stolen from my account by someone pretending to be Amazon. I gave Chime the phone number I called which was in the web as Amazon but wasn't. I fully explained what happened. Chime "investigated" for 1 day and denied my claim.

Cons

  • Investigation process
  • No fraud protection
  • Lies about keeping your money safe
  • Look on many websites about fraud claims.
  • They don't pay on fraud claims

Most Important Features

  • Security of my money
  • Security of my money
  • Security of my money

Return on Investment

  • I am instructing my employees at 3 companies to end direct deposit with Chime
  • Nothing is good when funds aren't secure
  • This left the worst experience with a financial institution I've ever had.

Chime is the way to go. Best banking App!

Incentivized
Avinash SaklaniView profile
Frontend Developer in Information Technology at Fiverr (1-10 employees employees)

Use Cases and Deployment Scope

I have been using Chime Online Banking for about a year now. It has been extremely helpful in building a good credit score for me. It is super easy to set up a direct deposit account on Chime Online Banking. I started using Chime Online Banking to receive money from my clients and to send money to my family and friends on weekly basis. Chime Online Banking has no hidden charges and it has no fee for any type of transaction. It is proven better for me than any other banking system.

Pros

  • Avoiding Overdraft Fees
  • Free Mobile Banking system
  • Pear to Pear payment system

Cons

  • You cannot transfer money to PayPal wallet
  • Spam emails
  • Manual SSI direct deposit

Most Important Features

  • Easy Setup
  • Fast and Reliable
  • Free to Use and No extra charges

Return on Investment

  • Increased Revenue
  • Built a trustworthy relationship with clients
  • Easy handling of Payments

Alternatives Considered

Hyperwallet, a PayPal service, Paytm and GovPayNet

Other Software Used

Paytm, Hyperwallet, a PayPal service, Advapay Macrobank Digital Core Banking

Awesome App that actually saves you money

Incentivized
Brian KearyView profile
Owner and CEO at Western Independent Media Developers/BKThemes (1-10 employees employees)

Use Cases and Deployment Scope

Wes started using Chime about 2 years ago to help defer the high bank fees we were incurring. Chime's fees are either $0.00 or a fraction of the other banks. In all, we saved close to $60.00 a month in fees.

Pros

  • NO Fees
  • Can track your money easily.
  • Immediate notifications when money is spent.

Cons

  • Their CC is hard to figure out.
  • Website could be streamlined.

Most Important Features

  • Immediate notifications of money going in or out.

Return on Investment

  • It saves us a ton of money each money in fees.

Other Software Used

Adobe PhotoShop, Affinity Publisher

Thank you!!

Incentivized
Verified User
Administrator in Human Resources (201-500 employees employees)

Use Cases and Deployment Scope

We previously used the Chime banking app for several purchases within the last year. The interface and dashboard were easy to navigate and made it simple to conduct our business. We have not experienced any issues with this application as we have with other used software used in the past. Thank you for allowing this platform to share our experiences with Chime.

Pros

  • Ease of use
  • Simple interface within the application.
  • Helpful support, when needed.

Cons

  • No areas for improvement as we were fully satisfied with the product.

Most Important Features

  • Ease of use
  • Simple interface on the dashboard.
  • Helpful and friendly support team.

Return on Investment

  • Positive ROI by way of quick and easy transactions.