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Chime partners with The Bancorp Bank and Stride Bank, both of which are Members FDIC, to bring their customers a unique and convenient way to build credit responsibly.

The Chime Credit Builder Card is a product offered by Chime, a financial technology company that provides access to a variety of banking services. Let's run through 13 of the most commonly asked questions relating to the Chime Credit Builder Card to gain a deeper understanding of its purpose. Impact on your credit may vary, as Credit scores are independently determined by credit bureaus based on a number of factors including the financial decisions you make with other financial services organizations.If you’re looking to build a credit history, there are a vast amount of credit card options available, but this number dwindles when searching for a credit card with minimal risk, no annual fees, interest rates, or debt involved, making the Chime Credit Builder Visa® Card a highly popular choice among those looking for a safe and effective option. Chime will report your activities to Transunion®, Experian®, and Equifax®. Late payment may negatively impact your credit score. On-time payment history can have a positive impact on your credit score. If you spend up to the amount you have moved to Credit Builder, it won’t appear on your credit history as a high-utilization card. Card utilization : Because your card has no pre-set credit limit, we don’t report percentage utilization to credit bureaus.Credit limit : The amount of money you transfer to your Credit Builder account equals the amount you can spend on the card.Highest or original amount : The highest balance you had during the most recent reporting period before paying it off.Last payment date : The date you made your last payment.Current balance : This is the amount you’ve spent since the last statement plus any outstanding balance you owe.

Account age : The number of months you've had your Credit Builder card.

Payment status : Your last paid-off statement balance.

We report your account as current if you have paid off the last statement in full.

Amount past due : The balance from the previous month that isn’t paid off.

You may not see changes in your credit scores until later in the month since the bureaus take a few weeks to process their reports. We typically do this at the beginning of each month. When you use your secured Credit Builder Visa ® Credit Card, Chime reports your payment activity to Experian ®, TransUnion ®, and Equifax ®, the three major credit bureaus.