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BankingEditor's Choice

Chime

Banking that has your back

4.4
Updated 2026-01-15

Starting Price

Free

No monthly fees, no minimum balance, no overdraft fees. Chime is free to use.

Free tier available
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Overview

Chime has become one of the most popular digital banks in the US with fee-free banking, early direct deposit, and AI-powered savings features that help members build better financial habits.

AI-Powered Features
  • Save When I Get Paid automation
  • Round Up savings
  • SpotMe overdraft prediction
  • Spending insights
  • Fee detection alerts
  • Smart notifications
All Features
Fee-free checking
High-yield savings (up to 2.00% APY)
Get paid up to 2 days early
SpotMe overdraft (up to $200)
Round Up savings
Automatic savings
Credit Builder card
60,000+ fee-free ATMs
Mobile check deposit
Instant transfers to Chime members
No foreign transaction fees
Pros
  • Completely free
  • Early direct deposit
  • No overdraft fees
  • Good savings features
  • Credit Builder helps credit
  • Large ATM network
Cons
  • No physical branches
  • Limited customer service hours
  • No joint accounts
  • No cash deposits (mostly)
  • Lower savings rate than some
Our Verdict

Chime delivers on its promise of fee-free banking. The automatic savings features and early direct deposit make it genuinely useful for building better habits.

Best For:

Anyone wanting fee-free banking with automatic savings features

Company Info

Headquarters

San Francisco, CA

Founded

2013

Availability

us

Website

chime.com
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Our Editorial Standards

  • Written or reviewed by certified financial professionals
  • Fact-checked with current data and regulations
  • Updated regularly to reflect changes in tax laws and market conditions
  • Independent analysis not influenced by advertisers

Disclaimer

This content is for informational purposes only and should not be considered financial, tax, or legal advice. Consult with a qualified professional before making financial decisions. TaxMaker strives for accuracy but cannot guarantee all information is current or complete. Past performance does not guarantee future results.