How do I get the Chime Credit Builder Visa Credit Card? Even though I have bad credit, how do I build my credit score? The Chime Credit Builder Visa Credit Card helps you to build a healthy and strong credit history. It serves the same purpose as secured credit cards.

Chime Credit Builder - Build Your Credit History
Chime Credit Builder – Build Your Credit History

Meanwhile, this credit card is best for you if you have bad credit or you don’t even have any credit at all. The main purpose of the Chime Credit Builder card is to help you build your credit.

Furthermore, the Chime Credit Builder Visa Credit Card is a secured credit card with no annual fee and no interest. It is one of the best-secured credit cards to help you build credit. You don’t need a credit check to apply for the cars or a minimum security deposit to make.

Features of the Chime Credit Builder Visa Credit Card

  • Card type: Secured
  • Fees: There are no annual fees ($0).
  • Bonus: None
  • Rewards: None
  • Security Deposit: No minimum security deposit is required.
  • APR: No interest.
  • There is no foreign transaction fee.
  • No credit check is required to apply.
  • Payments are reported to the three main credit bureaus.

How Does Chime Credit Builder Work

In order to have the Chime Secured Credit Card, you must first open a Chime Spending Account that must have at least $200 in direct deposits that have been made into the account within the past 1 year. It does not require any minimum security deposit.

Chime Secured credit card works in a simple way. To get started, you will need to first move money from your Chime Account to your Credit Builder Account. You can do this directly from the Chime app. Keep in mind that the money you move to your secured account is the amount you can spend on your Chime Secured credit card.

Secondly, you can use your Credit Builder card to make purchases anywhere a Visa card is accepted around the world. Also, with the card, you can build your credit to a very high credit score. Note that when you use your credit builder consistently, it helps build your payment history, increase the length of your credit history, and lots more.

How to Apply for a Chime Credit Builder Visa Card

Applying for the Chime Credit Builder Card is the same process as applying for any credit card. However, it is much easier since there is no credit check option and it also does not require a minimum security deposit. I have listed the terms and features of the card so you already have an idea of what the card has to offer.

Now you have to decide how you want to apply for your credit card. You can choose to apply for it online or in person. However, applying online is the most convenient and easiest way to apply for the Chime Secured credit card online.

Information you Need to Apply for the Chime Credit Secured Credit Card

  • Full legal name
  • Valid U.S. address
  • Social Security Number or individual taxpayer identification number
  • Date of  birth
  • Housing cost
  • Annual income

Chime Secured Credit Card Online Application

  • Visit the Chime Bank Secured credit card website.
  • At the top corner of the page, click on Get started.
  • Provide your full name.
  • Enter your Valid U.S. address.
  • Provide your SSN or ITIN
  • Enter your date of birth.
  • Enter your active email address.
  • Provide your housing cost.
  • Enter your Annual income.
  • Lastly, click on Apply Now.

Once your application is approved, then you should expect your credit card to be delivered to you. Since it’s an online application, you may likely get instant approval.

Chime Credit Builder FAQs

What is the Chime Credit Builder Card Limit?

Chime Bank Secured credit card does not require a minimum security deposit. So, you set the credit limit by moving money from your Chime Spending Account to your Credit Builder secured account. Keep in mind that the money you move is the amount that will be available for you to spend.

Can I Withdraw From my Chime Secured Credit Card?

Yes, you can withdraw your money. However, to do that, you have to move your money back to your Chime Spending Account. Also, you can make use of your Chime Secured Credit Card at ATMs to withdraw money.

Can I Get a Chime Credit Card Without a Direct Deposit?

No, you can not. To get a Chime Secured credit card, you must open a Chime Spending Account that has at least $200 in direct deposit to your account within the past year.