Chime SpotMe overdraft protection review

No fees or tips required to access this exclusive online banking feature.

Bottom line:SpotMe is a convenient option for those who already have a Chime account. But for everyone else, it’s not a relevant option.

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Max. Amount


Turnaround time


Product NameChime SpotMe overdraft
Max. Amount$200
Loan TermVaries
Turnaround TimeAutomatic
Requirements$500 direct deposit into Chime checking account in the last month

Review by

Kellye Guinan is a seasoned financial writer with over 500 articles under her belt spanning all things loans from auto to personal to business and everything in between. With four years in the field and five years of research experience, she's able to make complex personal finance decisions easier for anyone to tackle. When she's not up to her knees learning about the latest trends in lending, she spends her time improving her own financial literacy and expertise — and maintaining a Duolingo streak of over 1,300 days.

Expert review

Current Chime users may find SpotMe helpful when making debit card purchases. There are no fees — and tipping is optional — so it’s a good choice if your account frequently runs low. As long as you deposit at least $500 in your account every month, you have access to SpotMe. And because many other pay advance apps and overdraft apps don’t work with Chime, it’s your best option to avoid a transaction not going through.

But for those who don’t already use Chime, you may want to compare your other options to avoid overdraft fees or borrow for a bigger expense.


  • No fees or obligation to tip
  • Low monthly direct deposit requirement
  • Easy to enroll


  • Only covers debit card purchases
  • Limits start at $20
  • Must be used for Chime spending account

How Chime SpotMe works: Fees, features and requirements

SpotMe lets you overdraft your Chime account when you make a purchase with your debit card. Limits start at $20, but account history and regular deposits let you increase your limit to $200. But ATM withdrawals and ACH transfers don't qualify.


  • Maximum withdrawal. $200
  • Cost. Optional tip
  • Turnaround. Automatically applied to account


SpotMe is part of Chime's suite of banking products. Chime offers checking accounts, secured credit cards and savings accounts — with automatic savings — all with no hidden fees.


To qualify for SpotMe, you'll need to have a Chime Online Spending Account that receives at least $500 a month in direct deposits. That's it. There are no other requirements or eligibility criteria you need to meet to get started.

Your SpotMe limit can increase over time — potentially $200 or more. This will depend on your account history, direct deposits and spending activity, among other factors.

How Chime SpotMe compares to pay advance apps

Chime isn't a pay advance app, but it also isn't a normal overdraft app. Because it only covers debit card purchases made from a Chime account, you're much more limited in how you use SpotMe. However, most pay advance and overdraft apps don't support Chime. This makes it a handy product if you use Chime as your main banking platform.

Chime reviews and complaints

Chime receives mixed reviews on its Better Business Bureau (BBB) and Trustpilot pages, as well as on the App Store and Google Play. Many users report issues with customer service and problems disputing false charges, frequently saying they weren't able to have every charge removed.

Reviews for SpotMe are also mixed. Some customers have no issues and love it. But one says their SpotMe was closed after receiving a smaller deposit than usual. Overall, it earns decent ratings for a bank.

Is Chime legit?

Yes, Chime is a legit online banking platform. Because it only uses your Chime bank account information to offer access to SpotMe, you won't need to sign into other bank accounts or share extra information with Chime.

In general, Chime is a secure option with an encrypted website and app. Its privacy policy also covers what information it collects, how that information is used and what you can do to prevent it from being shared.

SpotMe vs. payday loans

SpotMe and payday loans are very different. SpotMe simply prevents you from overdrawing your bank account when you make a debit card purchase — it's not a good option for covering an unexpected expense. Payday loans are a high-cost, short-term option that may put you at risk of a cycle of debt if you fail to repay on time.

SpotMePayday loans


Up to $200

Typically up to $1,000, and most states allow only one at a time

Turnaround time


Typically next business day

Application process

Sign up through Chime app

Simple online application, typically requires Social Security number and bank account numbers


Optional tip

High interest rates that can equal fees of $15 to $25 per $100 borrowed


Anywhere in the US

Is SpotMe worth it?

SpotMe is definitely worth signing up for if you already bank with Chime. If there's ever a chance you might overdraft your account through a debit card purchase, there's good reason to enroll. With no fees, automatic coverage and no obligation to tip, SpotMe is one of the better overdraft protection options on the market.

If you don't qualify, or aren't already banking with Chime, compare more payday advance apps and overdraft protection options.

See pay advance apps

Compare more low-cost options to keep your account in the green until your next payday.

Name Product Filter Values Max. amount per pay period Turnaround time Costs
B9 pay advance app
Up to 100% of your salary
Withdraw 100% of your paycheck with no extra fee for instant funding.
Possible Finance Mobile Installment Loans
As fast as 1 business day
Rates vary by state, though you’ll likely be charged around $15 or $20 per $100 borrowed.
Borrow up to $500 with just a few swipes — but only for residents of 5 states.
Same business day to 2 business days
$9.99 monthly membership fee
Have up to $250 automatically deposited into your account — for a $9.99 membership fee.

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