NO Annual Fee, NO Credit Check to apply, NO Interest, Has Credit Building features, and Fast & Easy application This is one of the best cards we've seen for subprime credit!
To apply for a Chime Credit Builder Secured Visa® Credit Card, you must first open a Chime Checking Account and receive a qualifying direct deposit of $200 or more.
The qualifying direct deposit must be from your employer, payroll provider, gig economy payer, or benefits payer by Automated Clearing House (ACH) deposit OR Original Credit Transaction (OCT).
The Chime Credit Builder Card is a secured credit card that can help consumers build credit history. It has no interest*, no annual fees, no credit check to apply, and no minimum security deposit required**
Help build your credit history with your own money. The money you move into the Credit Builder secured account is the amount you can spend on your card (no minimum deposit required**). Turn on Safer Credit Building** and have your monthly balance automatically paid on time. Chime will report your activities to Transunion®. Experian®. and Equifax®.
Use your secured Credit Builder card everywhere VISA is accepted, including on everyday purchases, such as gas and groceries.
Start with a Credit Builder Account, which is a loan in a bank-held Certificate of Deposit that you pay off in monthly installments. Choose the plan that works for you.
In order to successfully open the Self Credit Builder Account, submission of a one-time non-refundable $9 admin fee is required.
Each on-time monthly payment gets reported to all 3 credit bureaus, builds credit history, and adds to your savings.
Make at least 3 monthly payments on time, have $100 or more in savings progress in your account, and be in good standing.* You'll automatically be eligible for the Self Visa® Credit Card, without a credit check.
Your savings progress from your Credit Builder Account acts as your refundable security deposit.
Earn 3% cash back at Walmart.com, 2% cash back at Walmart fuel stations, & 1% cash back at Walmart stores, up to $75 each year.*
Earn 2% interest rate on up to $1,000 balance in your savings account. Plus, get chances to win cash prizes each month!*
Get peace of mind with three coverage levels, up to $200, for purchase transactions with opt-in & eligible direct deposit.* *Please see site for full terms and conditions.
No minimum deposit, No credit check, No annual or monthly fees, Earn 7X points for Cash Back, and Earn up to 4% on your Savings, and several other good features including Credit Building