We report these payments to three major credit bureaus to help you build credit. With our Safer Credit Building feature, we’ll use your money in the secured account to automatically pay your monthly charges.

On-time payment made easy: On-time payment is a crucial aspect of building credit.

The Chime Credit Builder card o ffer s features that empower you to improve your credit score. Learn more about how this works below: How does the Chime Credit Builder card help you build credit? ² F ind a Chime ATM near you using the ATM Map in the Chime ap p.Ĭonsistent use of Credit Builder can build your payment history, increase the length of your credit history over time, and can balance out your credit mix. Unlike most credit cards, we don’t charge you interest or fees for this cash advance when you use your card at in-network ATMs. ² When you use a credit card to withdraw cash from an ATM, you get what’s called a “ cash advance. You can use your Credit Builder card to get cash at any ATM, but you won’t pay interest or fees at in-network ATMs. Can you make fee-free ATM w ithdrawals with Chime Credit Builder ? Just tap Move money in the app to get started. You can also manually move money from your checking account at any time. This optional feature will move the amount of your choice into Credit Builder on every payday. T he easiest way to move money into Credit Builder is by using Move My Pay. You can also manually pay off your balance with funds from your Chime checking account or secured account. ³ If you want to spend more with your Chime credit card, you’ll need to add more money to the account.Īt the end of the month, you can use the money in your secured account to pay your balance automatically with the Safer Credit Building feature.

That is totally up to you! Just remember that m oney moved to Credit Builder will be held in a secured account, and this amount determines how much you can spend with your Credit Builder card.

³ How much money should you transfer to your Credit Builder a ccount? You can only spend as much money as you have in the account. Just make sure you fund your Credit Builder account. Swipe it for everyday purchases – like gas, groceries, streaming services, recurring bills, and entertainment – and pay it off on-time by the end of each month. You can use your Chime Credit Builder credit card anywhere Visa cards are accepted. We’ve answered some of the most common questions below: Where can I use the Chime Credit Builder card? When you receive your Chime Credit Builder card, you’ll likely have questions about how to use it.

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