Chime is an American financial technology company.
This company provides fee – free mobile banking services to all account holders.
This bank has no physical branches and do not charge monthly or overdraft fees.
People who own an account with this financial service company are issued a Visa debit card and have access to an online banking system which they access through the bank’s website or through it’s mobile app.
And because this bank is an online bank, if you own an account with them, there are various ways to deposit funds into your account and they all have limits.
Stick around a little to find out about the deposit limits for all the various ways to deposit money into your Chime bank account.
What is Chime deposit limit?
Chime do not accept deposit through ATMs, but you can still add cash to your account using the methods below:
- Fund transfer
- Cash deposit
How to deposit funds via funds transfer.
To use the “Fund transfer” method, you have to download the Chime mobile banking app, create an account by signing up ( imputing all the required details) and link it to you Chime bank account.
Once you’ve successfully completed the downloading and registration, you can now transfer funds quickly to your Chime account by selecting ” Move money“, then click on “transfers“, below transfers click on “transfer funds” and input the bank you’ll be transferring from.
From this stage onwards, the procedures are self explanatory.
You can make more than five transfers in a month from your savings account.
These transfers can be up to $200 a day and $1000 per month.
How to deposit funds through Cash deposit
You can also decide to deposit cash at any retail store in the US.
There are more than 90,000 retail locations in the US.
All you have to do is to search for a retail store close to you location.
Retailers use the third party services like green – dot to load funds to your Chime account.
Some retailers that you can use to transfer funds to your account include:
- 7 – Eleven
- Rite aid
- Dollar Green amongst a list of other retailers in the US.
If you decide to use this method to make deposits to you Chime account, you will be allowed to make up to three deposits in a day, but these three deposits cannot be more than one thousand dollars ($1000). And it cannot exceed $10,000 in a month.
Conclusion: Chime Deposit Limit
If your wish is for a simple, stress free online banking experience, then Chime is the best option.
Chime network is large enough to accommodate its members’ needs and provide plenty of banking options.
And they are always updating their website to ensure that its members enjoy a simple and stress – free online banking experience.