Yes! You can use SpotMe* with your secured Chime Credit Builder Visa® Credit Card if you're eligible and have SpotMe turned on in your app.
Here’s what to know:
- SpotMe can cover purchases and cash withdrawals made with your Credit Builder card, up to your limit.
If you have an outstanding SpotMe balance on your Credit account, any deposit into your Chime account, not just direct deposits, will automatically go toward repaying it.
- Your SpotMe limit is shared between your Chime Visa® Debit Card and Credit Builder card.
- Using SpotMe with Credit Builder does not impact your credit score or credit reporting.
For more information on SpotMe, read What is SpotMe®?
*SpotMe® on Credit is an optional, no interest / no fee overdraft line of credit tied to the Secured Deposit Account available to qualifying members with an active Chime Credit Builder Account. SpotMe on Debit is an optional, no fee overdraft service attached to the Chime Checking Account available to qualifying members after Visa debit card activation. Both SpotMe on Credit and SpotMe on Debit are sometimes collectively referred to as "SpotMe" or, if you have signed up to use SpotMe with only one account, "SpotMe" means the elected service. To qualify for SpotMe, you must receive $200 or more in qualifying direct deposits to your Chime Checking Account each month.
Qualifying members will be allowed to overdraw their Chime Checking Account and/or Secured Deposit Account (associated with your Chime Credit Builder credit card) up to $20, but may be later eligible for a higher limit of up to $200 or more based on Chime account history, direct deposit frequency and amount, spending activity and other risk-based factors. The SpotMe limit will be displayed within the Chime mobile app and is subject to change at any time, at Chime’s sole discretion. Although Chime does not charge any overdraft fees for SpotMe, there may be out-of-network or third-party fees associated with ATM transactions.