What type of account is my Chime account?

Chime is a full-featured deposit account. Your account can receive direct deposits and it supports pre-authorized withdrawals and interbank transfers through the automated clearing house (ACH) Network.

Chime gives you:

  • A Chime Visa Debit Card
  • An FDIC-insured deposit account that can be managed entirely from your smartphone
  • A Savings Account that helps you save money without thinking about it 

Chime accounts are insured up to the standard maximum deposit insurance amount of $250,000 through our partner banks, The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC*.

*Chime is not FDIC-insured. The Bancorp Bank, N.A. and Stride Bank, N.A. are the FDIC-insured members. Deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply