Build Credit: Chime Card™

^{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.}

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Are you looking to build your credit history and improve your credit score? The Chime Card™ could be the perfect tool. This innovative secured credit card is designed to help you establish a positive payment history, which is one of the key factors in determining your credit score¹.

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What sets the Chime Card apart is its unique structure with no interest², no annual fees, and no late fees. Unlike traditional credit cards or even many other secured credit cards, Chime's offering doesn't require a credit check or minimum security deposit³. Instead, it's linked to your Chime® Checking Account, allowing you to build credit¹ while using your own money.

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¹_{On-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.}

²_{Out-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.}

³_{Money added to Chime Card}^TM _{will be held in a secured deposit account as collateral for your Chime Card, and you can spend up to this amount. You can use money deposited in your Secured Deposit Account to pay off your charges at the end of every month}

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How the Chime Card™ Works

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To get started with the Chime Card™, you'll need to have an active Chime® Checking Account. This can be done easily through the Chime app, to apply for a Chime Card™, a Chime® Checking Account is required. 

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To take advantage of additional Chime benefits you must receive a single qualifying direct deposit of $200 or more to your Chime® Checking Account. The qualifying direct deposit must be from your employer, payroll provider, gig economy payer, or benefits payer by Automated Clearing House (ACH) deposit OR Original Credit Transaction (OCT).

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Bank ACH transfers, Pay Anyone transfers, verification or trial deposits from financial institutions, peer to peer transfers from services such as PayPal, Cash App, or Venmo, mobile check deposits, cash deposits, one-time direct deposits, such as tax refunds and other similar transactions, and any deposit to which Chime deems to not be a qualifying direct deposit are not qualifying direct deposits. Once your account is set up, you can move money into your Chime® Checking Account which will automatically transfer into your Chime Card secured account.

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Your Chime Card secured account acts as your credit limit⁴. Whatever amount you transfer into your Chime Checking account is the amount you can spend on your Chime Card⁵. Money added to your Chime Card will be held in a secured account as collateral for your Chime Card, which means you can spend up to this amount on your card. This is money you can use to pay off your charges at the end of every month. For example, if you move $500 into your Chime Checking account, you'll have a $500 credit limit on your card.

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⁴_{Chime Visa® Credit Card holders - Deposits and debit refunds go to your Checking Account, then transfer to your Chime Card Secured Deposit Account - other than Chime Card cash deposits at retailers, which go to your Chime Card Account, then transfer to your Secured Deposit Account. Funds are moved from your Secured Deposit Account to your Checking Account to facilitate outbound transfers and debit purchases. Your Available balance is the money you can spend with your Chime Card or Checking Account. See account agreements and statements for details.}

⁵_{To fund your Chime CardTM, you can deposit funds to your Checking Account (including direct deposit, ACH transfer, linking an external debit card, payment apps) or deposit cash at retailers with your debit card, barcode, or Chime Card. Funds added to your Checking Account are transferred to your Chime Card Secured Deposit Account - other than Chime Card cash deposits at retailers, which go to your Chime Card Account, then deposit to your Secured Deposit Account. Cash deposit fees may apply if using a retailer other than Walgreens and Duane Reade. See your Chime mobile app for funding option details.}

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As you make purchases with your Chime Card, Chime will automatically pay off your balance on time using the funds in your Chime Card secured account (if you have Safer Credit Building enabled⁶). 

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⁶_{Credit building, stress-free. Turn on Safer Credit Building, and your monthly balance will automatically be paid. On-time payment history may have a positive impact on your credit score. Late payment may negatively impact your credit score. Results may vary.}

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This ensures you're building a positive payment history, which is reported to all three major credit bureaus - Experian, Equifax, and TransUnion.

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^{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.}

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