Your Chime Savings Account earns interest automatically. There’s no minimum balance or time requirement — just save, and your balance can earn interest over time.
The interest rate you may earn depends on your Chime membership status and eligibility, and is variable and subject to change.
The interest you earn can vary each month, based on your balance and how long your money stays in your account. Even small amounts earn interest. Total interest is based on your balance, the length of time funds are held, and the current interest rate (APY), which can change. To learn more, visit Overview of Annual Percentage Yield (APY)
Note: A higher APY1 may be available to members with Chime Plus or Chime Prime status2 who receive qualifying direct deposits.
When is interest paid
Interest is added to your savings on the first day of each month. If you had a balance in your Chime savings account the previous month, you’ll see an interest payment deposited at the start of the next month. For example, interest earned in April will appear in your account on May 1.
You can view your interest payments in two ways:
In your savings account statement.
In the Chime app under Savings > Transaction history.
1The Annual Percentage Yield ("APY") rates are variable and subject to change. Learn more at www.chime.com/savings-account.