The Spending Account is essentially fee-less, as you won’t encounter any overdraft, monthly service, transfer or foreign transaction charges. On top of this, you can get your paychecks and tax refunds as much as two days early when you set up direct deposit through your Chime accounts.Ĭhime's savings option, the Chime Savings Account, offers a solid 2.00% annual percentage yield (APY), although Chime reserves the right to change that at any time. While some online banks institute a maximum balance for their APYs, Chime does not, nor does it call for a minimum balance to earn that rate. The company offers two distinct accounts: the checking account-inspired Spending Account and the optional Chime Savings Account. Those looking for a simple mobile- and web-based financial app will likely find Chime appealing.
