Chime is not a bank but a technology company that operates within the United States of America. The institution is purely online, and users must have an internet-enabled device to access their accounts. Chime works with various financial institutions and more so banks when sending and receiving money. But does Chime work with Cash App? We will check whether Chime works with Cash App later on.
Cash App is also an online money transfer platform that allows users to send and receive money. Unlike Chime, Cash App operates in the US and UK. Therefore, users in the US can send money to those in the UK. When sending money to people in the UK, you have to convert USD to GBP and vice-versa. When within either of the countries, you can send and receive money in the respective currencies.
Most online money transfer platforms do not allow direct transfer of money across each other. They make it challenging to perform the transaction so that customers can stick to their services alone. However, it is easy to transfer money from various mobile wallets to a bank. Likewise, it is easy to add money from a bank account to a mobile wallet.
How do I get started with Chime?
Before using Chime, you must open an account online. You can either open a Chime Spending Account, a checking account, or a savings account. A Chime spending account allows you to access your money 24/7. It comes with a debit card that you can use to withdraw money from an ATM, credit union office, or a bank account.
To open a Chime account, you require various things as per the federal government requirements. They include the following.
- The Social Security Number
- A government ID such as passport, Driver’s license, or a government-issued document
- Email address
- Phone Number
- Physical address
You may wonder why the government requires all these things. The reason behind the requirements is to make sure that criminals do not have access to banks and mobile money wallets. Various criminal acts such as money laundering and terrorism have made the government tighten the rules for opening a bank, credit union, or mobile money wallet.
Once you get all the requirements, you can open an account online over the website by filling in the required information. Chime will then verify your details within a few minutes, and when you succeed, you can start using your account for various transactions such as sending money and buying goods and services. One may send money with a checking account number instantly to other Chime account holders.
How to open a Cash App account
Opening a Cash App account is very easy as you can download the Cash App from Google Play Store or even App Store and begin the signup process. You can also open your Cash App account over the web from the Cash App website.
Let us walk step by step through the account opening process.
- Enter your email or phone number. When you visit the signup page or open the app, you will need to enter either your email address or phone number. Wait for a code in your phone or email address.
- Type the code sent to your email or phone number. The code will help to verify whether the phone or email is yours.
- Enter your debit card details to connect to your bank. You will use the card to fund your Cash App transactions when the need arises. You require the card number, the card’s expiry date, the CVV, and ZIP. You may also skip adding the card to add it later.
- Next, type your full name. Make sure the names are as they appear in your identification document.
- Choose a $Cashtag. $Cashtag is a unique username people can use to send money to you.
- Lastly, enter the ZIP Code.
Once you complete the above process, your account will be ready for use.
How does Chime work with Cash App?
Chime readily works with Cash App. You can quickly transfer money from Chime to Cash App to fund your transactions when sending money or buying goods and services.
For Chime to work with Cash App, you need to first link your Chime account details to Cash App in the following manner. There are two ways you can link Chime to Cash App. They include the following.
1) Link Chime debit card to Cash App.
The following is a step-by-step process on linking Chime to Cash App using your Chime debit card.
- Open Cash App
- Hit on the bank icon in the bottom left corner.
- Click on “Link Bank”
- Enter your Chime Bank debit card information as required.
2) Link Cash App directly to your Chime bank account.
- Open Cash App
- Hit on the bank icon in the bottom left corner
- Click on “Link Bank”
- Link Cash App Directly to Your Chime bank account.
- Next, log in to your Chime account to link it with Cash App.
Once the two platforms link, you can start using Chime money on your Cash App account. When your Cash App account balance is not enough to cater to a transaction, Cash App then obtains the necessary money from your Chime account.
Moreover, you can transfer money from Cash App to Chime. The transfer can be instant or take up to three business days.
What if my Chime debit card is not linking to Cash App?
Sometimes, you may get an error message telling you that linking your debit card to Cash App was unsuccessful. In most cases, the error message is because you entered the wrong card information. You might have made an error for a single digit entering your card number, card expiry date, or even the CVV. You can repeat the process to see whether things will work out well.
Another reason why it might not work to add your card to Cash App could be that your Cash App is outdated. You can also try to update the app and see whether it will work. Cash App may also be having system issues, and you can wait and try later.
Another possible reason might be Chime itself. If the Chime systems are down, then you will find it difficult to add your card details.
If things do not move well, you can contact the customer care of the two platforms. To contact Cash App care, you can do so from within your Cash App by navigating to your profile and clicking on “Support.” You can also visit cash app contact.
When contacting Chime, you can do so by calling Chime support at (844) 244-6363 to see if there is any issue barring you from linking Chime to Cash App. Contacting customer care is the last option after trying all the above possible solutions.
Do I pay fees when using Cash App and Chime?
Cash App to Cash App transfers is free. Moreover, the transfers are instant in that the recipients receive money instantly. Furthermore, Chime to Chime transfers is instant and charge no fees.
When withdrawing money from Cash App to Chime, you will pay nothing if you use the standard transfer method. However, the instant money transfer from Cash App to a Chime debit card costs 1.5% of the transaction amount.
How do I use the Chime account?
Apart from using Chime with Cash App, you can send money to other Chime users. You can also transfer money from Chime to a bank account. All you need are the routing and account numbers of the receiving bank account, and you are good to go.
You will then initiate an ACH transfer to the other bank. Transfer of money from Chime to a bank account takes around five business days under normal circumstances to complete.
Additionally, you can use your Chime account to pay for goods and services online. Various businesses offer you the opportunity to pay for your purchases online right from your Chime account.
You can also use your Chime debit card to buy goods and services online. Some merchants allow you to add your card details, such as the card number, CVV, and the card’s expiry date when checking out. You can save the details in the process so that you just select the card to pay next time.
At physical stores, you can swipe with the card to pay. The POS system automatically deducts money from your card as per the calculations.
Lastly, you can withdraw money from your Chime account using your Chime debit card at an ATM point. You only need to insert the card in the slot and enter a PIN to proceed.
How do I use Cash App?
The cash app also allows you to send and receive money. You can send money to other Cash App users with just a few taps. Also, Cash App allows you to pay for goods and services online. If you have the Cash App Cash Card, you can use it to pay online or at physical stores.
Additionally, you can receive money into your Cash App account. Others can send you money using your $Cashtag, email, or phone number. If you are employed, you can give your employer the Cash App routing and account numbers to transfer money using the routing number and account number to your Cash App account. You can also receive government benefits in the same manner.
Bottom line
Cash App and Chime are both online money transfer platforms. Chime operates only in the US, while Cash App works both in the US and the UK. The two apps work together when you link them. Both Cash App and Chime have debit cards that you can use for various transactions. Transfer of money from Cash App to Chime can be instant or take 1-3 business days.
