The Chime Card offers 5% cash back and no annual fee

The secured Chime Visa^® Credit Card¹, formerly known as the Chime Credit Builder Secured Visa^® Credit Card², is a no-annual-fee secured credit card that allows cardholders to earn 5% cash back³ on a category of choice each month. Additionally, it doesn't require a credit check for approval, and there are no late fees or interest⁴.

"We're building on top of the everyday banking features our members already rely on, to make the Chime^® experience even more rewarding," Chime^® co-founder Ryan King said in a statement. "We've kept the benefits people value most and removed the mandatory fees and barriers they don't."

The Chime Card™ offers Chime Prime™ members 5% cash back in the eligible categories you choose each month, which include: grocery stores, gas, restaurants and travel.

To be eligible for Chime Prime status⁵, you'll need to receive $3,000 or more in qualifying direct deposits to your Chime Checking Account in the past 34 days. Those who have Chime Plus status (which can be earned either via a single $200+ qualifying direct deposit or $400+ in cumulative direct deposits) will earn 2% cash back in their chosen category.

It's worth noting that the 5% or 2% cash back applies to up to $1,500 in eligible purchases per month, meaning you can earn a maximum of $75 or $30 in cash back, respectively. Once you reach that limit, additional eligible purchases won't earn cash back.

There are no annual fees, maintenance fees or foreign transaction fees with the Chime Card™. There are also no interest or late fees for missed payments. Failing to pay your statement balance on time will pause your ability to make new purchases and could be reported to the credit bureaus. However, the same applies to on-time payments, which can help boost your credit score.

The Chime Card™ doesn't require a credit check to open, and applying won't impact your credit, making it a good option for people with poor credit or a thin credit history.

But it works differently from other secured cards: If you're approved, you'll also get a Chime Checking Account and a Chime Secured Deposit Account. Funds added to your checking account are automatically transferred to the Secured Deposit Account⁶, which acts as collateral and determines your spending limit.

You can use the money in your Secured Deposit Account to pay off your balance automatically every month, or make manual payments from any bank account. The unique structure of your deposit serving as both collateral and a method to make payments could help reduce the risk of accumulating too much debt.

In addition, your card activity is reported to all three credit bureaus, which can help you build a positive credit history⁷.

The Chime Card™, which replaces the Chime Credit Builder Secured Visa^® Credit Card, offers consumers a new way to build credit while earning rewards. It's the latest addition to the fintech's suite of products and features, which include a high-yield savings account, fee-free overdraft protection through SpotMe^®8 and access to paychecks up to 2 days early with direct deposit through Early Pay⁹.

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Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC. The secured Chime Visa® Credit Card is issued by The Bancorp Bank, N.A. or Stride Bank, N.A., pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted. Please see the back of your Card for its issuing bank.

¹Chime Checking Account is required to be eligible for a Savings Account.

²The Chime® Credit Builder Secured Credit Card is no longer available to new applicants.

³With qualifying direct deposits, earn 5% cash back as a Chime Prime member or 2% cash back as a Chime Plus member on up to $1,500 of eligible secured Chime Visa® Credit Card purchases. See the Secured Chime Visa® Credit Card - Cash Rewards Program Addendum for limitations and details on earning cash back on your monthly selected category.

⁴Out-of-network ATM withdrawal and OTC advance fees may apply. View The Bancorp agreement or Stride agreement for details; see back of card for issuer.

⁵Membership Eligibility (Disclosure Mark)To be eligible for Chime Prime status, receive $3,000+ in qualifying direct deposits to your Chime Checking Account in the past 34 days. To be eligible for Chime Plus status, receive either 1) a single $200+ qualifying direct deposit; or 2) $400+ in cumulative qualifying direct deposits to your Chime Checking Account in the preceding 34 days. Certain products marketed as perks have additional eligibility requirements. While some perks may have associated fees, none of these fees are mandatory to access the perks or to maintain the applicable status. See the Chime Membership Tiers Terms and Conditions for details on all listed Prime and Plus perks.

⁶For information on your Chime account and how your money moves, please see chime.com/disclosures.

⁷On-time payment history can have a positive impact on your credit score. Late payment may negatively impact your credit score. Chime will report your activities to Transunion®, Experian®, and Equifax®. Impact on your credit may vary, as Credit scores are independently determined by credit bureaus based on a number of factors including the financial decisions you make with other financial services organizations.

⁸SpotMe® 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 Card Account. To qualify for the SpotMe on Chime Card service, you must receive $200 or more in qualifying direct deposits to your Chime® Checking Account each month and have activated your physical secured Chime Visa® Credit Card or Chime Visa® Debit Card. Qualifying members will be allowed to overdraw their Secured Deposit Account up to $20, but may later be 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 on Chime Card Limit will be displayed within the Chime mobile app and is subject to change at any time, at Chime's or its banking partners' discretion. Although Chime does not charge any overdraft fees for SpotMe on Chime Card, there may be out-of-network or third-party fees associated with ATM transactions and fees associated with OTC cash withdrawals. SpotMe on Chime Card won't cover non-card transactions. SpotMe on Chime Card Terms and Conditions.

⁹Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.

**Saving APY: The 3.75% Annual Percentage Yield (APY) is only available to members with Chime Prime status, otherwise, either the 2.75% APY for members with Chime Plus status or the standard rate of 0.75% APY will apply. The APYs are effective as of 07/13/2026, are variable and may change at any time. No minimum balance required. Must have $0.01 in savings to earn interest. See Chime Membership Tiers Terms and Conditions for more details.

Correction: This article has been updated to correctly identify Chime as a fintech company.