Home › Compare apps › Chime
Chime cash advance: what it really costs
Only for Chime customers with direct deposit. MyPay advances $20–$500 of your pay: free within 24 hours, or 3% ($2–$5) instantly. Separately, SpotMe covers card purchases up to $200 past zero with no fee (tips optional).
We may earn a fee if you sign up with some providers through links on this page. It never changes the order or what we say. Who pays us · How we rank
$100 today
$3
≈78% a year if repaid in 14 days
$100 by standard transfer
$0
≈0% a year if repaid in 14 days
| Operated by | Chime Financial, Inc. (partner bank: The Bancorp Bank, N.A. or Stride Bank, N.A.) |
|---|---|
| Advance limits | up to $500 |
| Monthly membership | $0 |
| Instant transfer fee | MyPay instant: 3% of the advance, minimum $2, maximum $5. SpotMe: no fee. |
| Standard transfer | Free, within 24 hours |
| Tips | MyPay: none. SpotMe: optional |
| Repayment | Taken from your next qualifying direct deposit |
| If a repayment fails | Not stated on the pages we could read |
| Who qualifies | A Chime Checking account with $200+ in qualifying direct deposits, an activated Chime card, and a state where MyPay is offered |
| Banks that don't work | none stated |
| Credit check | None for MyPay |
| Not offered in | no exclusions stated |
| How to cancel | No membership |
| App ratings | iPhone 4.8 (1.6M ratings) |
Go to Chime We are not paid for this link.