Upgrade Experience: Moving from External Account Depositor to Chime Depositor

Difference Between External Account Depositor and Chime Depositor

Details		MyPay for External Account Depositors Without Chime Direct Deposit	MyPay for Qualified Depositors With Chime Direct Deposit
Positioning		Get up to $40 of your pay today. No interest, no credit check, no mandatory fees.	Get up to $500 of your pay before payday with direct deposit. No interest, no credit check, no mandatory fees.
Eligibility Requirements		Are eighteen (18) years of age or older. Live in a state where MyPay is offered. Are a member of Chime with a Chime Checking Account in good standing. Have downloaded the Chime App. Your Chime Checking Account balance is not negative.	Are eighteen (18) years of age or older. Live in a state where MyPay is offered. Are a member of Chime with a Chime Checking Account in good standing. Have downloaded the Chime App. Your Chime Checking Account balance is not negative.
Steps to Access		Have linked an external checking account for access to MyPay through Plaid. Have provided Chime with your external debit card information tied to the External Account. Have received one Qualifying Direct Deposits of $200 or more per deposit in the preceding thirty-six (36) days, as verified through Plaid. Review Truth in Lending disclosures and agree to the MyPay Line of Credit Agreement.	You have activated your physical Chime Visa^® Debit Card or secured Chime Visa^® Credit Card. You have received any of the following: Two (2) Qualifying MyPay Direct Deposits from an employer, payroll provider, or gig economy payer of $200 or more per deposit in the preceding thirty-six (36) days; or One (1) Qualifying MyPay Direct Deposit from an employer, payroll provider, or gig economy payer of $200 or more in the preceding thirty-six (36) days and added an Additional Data Source; or One (1) Qualifying MyPay Direct Deposit from a known government benefits payer (such as the Social Security Administration or Department of Veterans Affairs) of $200 or more in the preceding thirty-six (36) days. Sign LOC agreement
Repayment		Automatic, via linked external debit card charge sending funds to Chime Checking Account for repayment	Automatic, on same day you receive Qualifying Direct Deposit.
Advance Fees	Scheduled (Within 24 hours)	FREE	FREE
Advance Fees	Instant	Instant Advance Fee for External Account Depositor Advances of $20 - $2 Instant Advance Fee for External Account Depositor Advances $40 and above (increments of $20) - $4	3% of each Advance amount (minimum fee of $2.00, maximum fee of $5.00)
Min Advance $		$20	$20
Max Credit Limit		$260	$500 Note: Some members may qualify for temporary higher limits. The exact credit limit and “Available now” amount are shown in the Chime app.

How automatic upgrade works (How to get more out of MyPay)

Your account is automatically upgraded from External Account Depositor to Chime Depositor once you move your direct deposit to Chime. After Chime detects a Qualifying Direct Deposit into your Chime Checking Account, MyPay will begin using that deposit to determine your eligibility. Your income estimation and accrual will switch to Chime-based data, and repayment will be processed through your Chime account. You don’t need to take any additional steps beyond setting up direct deposit.

To complete the upgrade, the following conditions must also be met:

You must activate your physical Chime Visa^® Debit Card or secured Chime Visa^® Credit Card.
You must receive a Qualifying Direct Deposit while your external account is still linked.

Note: If you unlinked your external account, you’ll need to receive two Qualifying Direct Deposits to transition to the Chime Depositor experience.

Role of Qualifying Direct Deposit into Chime

To trigger and maintain the upgraded experience, you must receive two Qualifying Direct Deposits of $200 or more every 36 days and maintain a consistent deposit pattern.

Qualifying deposits typically include:

Payroll
Gig economy income
Government benefits

Once these deposits are detected, you may become eligible for:

Higher potential credit limits
Lower instant advance fees. 3% of each advance amount (minimum fee of $2, maximum fee of $5).

Outstanding balance requirement before upgrade

If you have an existing MyPay balance when you begin direct depositing, the balance must still be repaid. Upon upgrade, repayment will transition to your Chime Checking Account, and your external debit card will no longer be used. Once upgraded, repayment will occur when funds arrive in your Chime Checking Account.

What you see during an upgrade

When the upgrade is triggered, you may see an in-app notification such as “You qualify for higher limits and lower fees,” confirming your updated experience.

The MyPay tile will update to reflect your new credit limit range, updated fee structure, and updated repayment method.

How limits and access change after the upgrade

What typically improves: Higher potential credit limit and lower instant advance fees. 3% of each Advance amount (minimum fee of $2, maximum fee of $5)

What may change: Limits are recalculated based on your direct deposit amount, deposit consistency and Chime account activity.

Important: Limits may increase, decrease, or stay the same. Partial direct deposits into Chime may result in lower limits than expected.

If you’ve set up direct deposit with Chime and meet the MyPay eligibility requirements but haven’t been upgraded yet, contact Chime Member Services at (844) 244-6363 or start a chat in the Chime app from Profile > Help Center > Chat.