Neobanks, small and challenger to traditional banks, are on the rise, disrupting the banking industry as we know it. Chime, one of the fastest-growing bank accounts in America, is one such Neobank.
Chime banking wants to change the way you bank. This means no more ridiculous bank fees to worry about, earlier pay days with Direct Deposit, and an easier automatic way to grow your savings, among many other perks. Switching to Chime is simple; it is free to join, takes less than two minutes, and applying for an account won’t affect your credit score. Once you create an account, you will receive a Chime Visa Debit Card, a Spending Account, and an optional Savings Account – all to be managed through a mobile banking app. Unlike many bigger banks we are familiar with, the Chime account has no monthly fees, no minimum balance, no overdraft, no foreign transaction fees, and no transfer fees. Within the app, you can choose to have balance notifications or transaction alerts through text.
People are loving the easy to use, easy to save banking solution. Many are choosing to bank with Neobanks such as Chime over larger banks. Would you be willing to give it a try? To learn more, or to apply for your own account, visit here.