Financial tech is an emerging field as evidenced by the number of ways banking and technological advances have come together, including this mobile-first bank. Chime banking services are provided by FDIC member The Bancorp Bank. The bank account aims to improve your financial life with automated savings and an easy to use app.
Chime keeps it simple by coming with a Visa Debit card, a spending account and a savings account. In addition to helping customers effortlessly save money with every transaction, the mobile-first bank account does not have monthly costs, minimum balances or overdraft fees. The Chime app also makes it easy for users to say abreast on their financial situation with a daily balance update, real-time transaction notifications and instant transfers for paying bills and friends.