Instead of having physical locations, Chime is entirely digital, with almost everything handled through the Chime app on your smartphone. Like any other bank, Chime offers checking and savings accounts and a credit card. Chime is a digital bank, as opposed to traditional banks. Chime, on the other hand, is not your standard bank. What is Chime?Ĭhime, situated in San Francisco, is a startup bank. This post will provide you with a step-to-step guideline on all you need on how to use spot me on Chime plus all other relevant information. This lowkey robbery by traditional banks inspired Chime’s SpotMe service as it helps avoid these overdraft fees while providing you with a worry-free shoulder to depend on when you’re in desperate need of cash. Overdraft fees cost Americans $34 billion in 2018. The accumulated charges wind up being equal to, if not greater than, the draft itself. When it comes to the disadvantages of overdraft fees, there are thousands and one! Almost everyone has been impacted.
