Learn How to Apply for the Chime Card Credit Builder

What do You Need to Know Before Applying?

The Chime Visa is a secured credit card that can help you: build credit history, spend with peace of mind, and enjoy security! 

Chime is one of the big names when we talk about digital banks that heavily invest in technology to be asdisruptive as possible. 

The Chime Visa is a secured credit card that can also be considered a credit builder. The secured card requires you to make a security deposit.

Chime does not have a pre-established amount, and it can vary quite a bit, up to a maximum limit of $10,000. The amounts are determined by your own financial conditions, got it? 

With this credit deposit, you have an equivalent amount to spend. This means that if you make a $1,000 deposit, you’ll have a $1,000 credit limit. 

Over the months, you pay your bill. If you keep paying everything correctly, your deposit remains intact.

It’s only used if you miss a payment and fail to settle the bill, in which case your card is canceled, and the deposit is used to pay off the debt. 

However, as mentioned, if you pay everything on time, you’ll keep the card with no issues. Making timely payments is essential for building credit history.

This is because credit agencies see that you’re paying on time, which is highly positive and increases your credit score. 

The card reports to the three major credit bureaus: TransUnion, Equifax, and Experian. And with each purchase you make, you increase your card’s usage and further enhance your credit history. 

This makes a big difference not just in getting other credit cards but in anything you buy that considers your credit score.

Who can Apply?

Chime offers much more favorable conditions than a regular credit card that most people are used to. 

This means there won’t be a thorough credit check on your score to approve or deny the card. 

With Chime, that doesn’t happen, and to have your secured credit card, you need to be a Chime customer. You must have a functioning account with the financial institution. 

To access the card, you need to have an account and a direct deposit of at least $200. 

How do I Apply for the Chime Card?

To access the credit card, you need to know if you are already a Chime customer. 

In both cases, you can click the “Sign Up Now” button to start the process of getting your Chime Visa. 
If you don’t have an account, you can start by providing: 

• Name and email 

Next, you’ll need to provide your date of birth since you need to be at least 18 years old to become a Chime customer. 

The next step is to provide a phone number along with details like your full address, ZIP code, city, and state. 

During the account creation process, you may also need to provide additional information about your job and income. 

Once you are a Chime customer, you can request your secured card by following all the steps to apply for the card. 

And if you are already a current Chime customer, you can log in with your account on the bank’s official channels and request the card. 

It’s worth noting that you can have an account without applying for the secured credit card, as Chime also offers a debit card version. 

If you have any questions, you can always rely on customer service through Chime’s support channels.

More Details

The Chime card is a Visa card, a widely accepted brand not only in America but worldwide. 

In stores around the world, the Chime card works like a normal credit card—you can make purchases, pay contactless, and do what you need with no difference at checkout. 

As a Visa cardholder, you also receive transaction alerts. And if you don’t recognize a purchase, you’re protected by SpotMe for transactions up to $200 and also by Fraud Protection. 

Want to learn another option?

The Wells Fargo Reflect is a credit card for those with more credit history, but also with zero fees.

Additionally, the card offers a credit limit starting at $1,000, exclusive discounts, and cell phone protection. See how to apply.

Written by

Gabriel Gonçalves