Chime’s SpotMe overdraft product review

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

Bottom line: Chime’s overdraft alternative can be a convenient option for those who already have a Chime account. But for everyone else, it’s not a relevant option.

Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank or Stride Bank, N.A., Members FDIC.

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Min. Amount


Max. Amount

Same day

Turnaround time


Product NameChime SpotMe
Min. Amount$20
Max. Amount$200
Loan TermN/A
Turnaround TimeSame day
CostsNo fee
RequirementsSingle qualifying $200 direct deposit into Chime checking account in the last 34 days.

Our take on Chime SpotMe

Current Chime users may find SpotMe helpful if they regularly overdraw their checking account when using their debit card or making a cash withdrawal. SpotMe offers up to $200 in fee-free overdraft to users who direct deposit at least $200 into their Chime account in a 34-day period.

In addition to SpotMe, Chime also offers another feature: the option to receive your paycheck up to two days before your payday, if you sign up for direct deposit into a Chime checking account. How soon you receive your funds depends on when your employer submits your paycheck — Chime generally makes this available the day it receives the payment file. However, early direct deposit is a common feature on many checking accounts — including those from big banks like Capital One and Chase.

Those who don't already use Chime may want to compare other pay advance options if you need to borrow for a larger expense. New Chime SpotMe users won't be able to receive more than $20 with SpotMe until you've built up a history of regular deposits. SpotMe doesn't cover ACH transfers, the transfer is declined if you don’t have the money in your account.


  • No fees or obligation to tip
  • Low monthly direct deposit requirement
  • Easy to enroll
  • Offers access to paycheck up to two days early with direct deposit


  • Limits start at $20
  • Must be used for Chime checking account

How Chime SpotMe works: Fees, features and requirements

SpotMe allows you to overdraft up to $200 from your checking account when you make a purchase with your debit card or withdraw cash from an ATM. Limits start at $20, but account history and regular deposits may let you increase your limit up to $200. But Pay Anyone transfers, ChimeCheckbook and ACH transfers don't qualify.


While Chime doesn’t charge a fee to use this service, third-party fees still apply. For example, if you use an ATM that’s out of Chime’s network, you may pay a fee.


SpotMe is one of the benefits available to Chime checking account users, among others:


To qualify for SpotMe, you'll need to have a Chime Checking Account that receives a qualifying direct deposit of $200 in a 34-day period. 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 up to $200. This depends on your account activity, among other risk factors.

How Chime SpotMe compares to pay advance apps

Chime checking account users get access to a fee-free overdraft feature up to $200 with the ability to get your paycheck up to two days early when you have direct deposit. This is different than some pay advance apps that offer up to 100% of your paycheck as early as 15 days before your payday.

Other pay advance apps like Dave offer advances up to $250, charges a $1 membership fee and it can take as long as three days to receive the funds. Brigit is an overdraft protection app that offers $250 in overdraft protection, charges a membership fee of $9.99 and it can also take as long as three days to receive the funds.

However, most pay advance and overdraft apps don't support Chime. This makes it a handy product if you use Chime as your main account platform.

Chime reviews and complaints

BBB accreditedNo
BBB ratingA+
BBB customer reviews3.13 out of 5 stars, based on 1682 customer reviews
BBB customer complaints6,471
Trustpilot score3.8 out of 5, based on 7,706 customer reviews
AppStore score4.8 out of 5 stars, based on 400,508 customer reviews
Google Play score4.6 out of 5 stars, based on 333,150 customer reviews
Customer reviews verified as of25 April 2022

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, the feature earns decent ratings.

Is Chime legit?

Yes, Chime is a legit financial app. Because it isn't a loan and only uses your Chime checking 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 work very differently. SpotMe simply covers debit card purchases and ATM withdrawals as needed, up to your limit. 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

Same day

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 use 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 once you've enrolled and no obligation to tip, SpotMe is one of the better overdraft product options on the market. And its early direct deposit feature can also help out users who find themselves tight on funds right before payday. Otherwise, check out other third-party apps that work with Chime.

If you don't qualify, or don't already use Chime, compare cash advance apps and overdraft product options.

See cash advance apps

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Chime says:

Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.

Chime SpotMe is an optional service that requires a single deposit of $200 or more in qualifying direct deposits to the Chime Checking Account each month. All qualifying members will be allowed to overdraw their account up to $20 on debit card purchases and cash withdrawals initially, but may be later eligible for a higher limit of up to $200 or more based on member's Chime Account history, direct deposit frequency and amount, spending activity and other risk-based factors. Your limit will be displayed to you within the Chime mobile app. You will receive notice of any

changes to your limit. Your limit may change at any time, at Chime's discretion. Although there are no overdraft fees, there may be out-of-network or third party fees associated with ATM transactions. SpotMe won't cover non-debit card transactions, including ACH transfers, Pay Anyone transfers, or Chime Checkbook transactions. See Terms and Conditions.

Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank or Stride Bank, N.A., Members FDIC.

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