Does Klover work with Chime?

The financial sector of the world is changing rapidly, with the sprouting up of different financial platforms, digital banks, and applications, people can now get cash loans, advances, pay bills, salaries, make their day to day financial transactions easily, and all this can be done from the comfort of our homes.

This means they don’t have to go to the bank and stand in a queue to perform the aforementioned transactions.

And the interesting part about this change is that some of these new financial platforms we have today have features we can’t even get in most traditional banks and one of such financial platforms is  “Klover”.

What is Klover?

Klover is one of the biggest and most popular fin tech apps in the financial sector today. What does this amazing app do?

Klover app offers a lot of  financial features, but their most popular feature is the Cash advance feature. The cash advance feature let’s you take cash advances with zero% interest, with this feature you can get money to settle bills and expenses until your next payday arrives.

Another excellent feature of this financial app is that you do not pay any express fees on any cash advance you get, although there are T&C to this feature, to get a free fee on any cash advance you take, you have to give Klover 3 business days.

This financial app has saved a lot of people from financial disgrace. It was discovered in 2019 and its headquarters is in Chicago.

Another financial platform that has really improved the financial sector of the world today is Chime

What is Chime?

Chime is a digital financial technology company that provides services to the public (its customers).

This digital bank provides services like automated savings, fee free mobile banking services among a list of other amazing features.

One important fact about this bank is that they do not have any physical branch or physical ATM.

All transactions carried out with Chime are done online. This means that if you open an account with Chime, you have to use other ATMs to withdraw your funds.

But Chime made sure that this doesn’t lose as a problem to its customers by partnering with network brands like Moneypass and Visaplus, the combination of both network brands provides over 35,000 fee free ATMs for its (Chime) customers.

Another interesting feature about this digital bank is that, you do not require a minimum balance and you don’t have to deposit any money to open a checking account. It also doesn’t charge overdraft or monthly fees.

Now in today’s article I’ll be answering the question most people ask, which is “does Klover work with Chime

Does Klover work with Chime?

Yes Klover works with Chime, all you need to do is to simply add your Chime account to Klover, and make sure you have met all the requirements to enable you to get cash advances from Klover using your Chime account.

How to link your Chime account to Klover.

Linking your Chime bank account to Klover is very easy. Keep on reading as a walk you through the step by step procedure of linking your Chime account with Klover:

  1. Log into the Klover app on your mobile device
  2. Once you’ve successfully logged in, tap on your profile icon in the dashboard
  • If you have an existing bank linked to your Klover, you have to remove it to make way for the new bank, if you don’t have any then click on “choose bank
  1. Input your bank details using “plaid”.
  2. Once you’ve successfully added your bank details to Klover (and it has been verified and approved)
  3. Add your Debit card to complete the process and start receiving cash advances.

 

How to sign up for Klover

Signing up for Klover is pretty easy, all you need to do is to  download the app from play store (or Apple store for iOS phones) to your mobile device and then follow the instructions to create an account for yourself.

Please note: you are going to have to input some personal and financial information to the Klover app some of those information include:

  • Phone number
  • Email address
  • Banking credentials

How to qualify for a cash advance on Klover

  • To get cash advances on Klover, you will have to:
  • Make sure that your bank account is at least three months old,
  • Make sure your paycheck is directly deposited into that account and
  • Your salary should be nothing short of $250 in a month.
  • For Klover to grant you access to cash advances you’ll need to prove that you’ve received salary (paycheck) from the same employer at least four times, with no gaps in pay between them.

What is the maximum cash advance I can get from Klover?

Once you have successfully met the requirements and have been approved by Klover, you maximum cash advance is $100 in a day.