Chime SpotMe®
Chime doesn't offer loans like ACE Cash Express, but the SpotMe overdraft feature offers up to $200 in overdrafts without the interest and fees you'll pay to ACE. This protection is only for your Chime Checking account, and to qualify, you need to make a monthly direct deposit of $200 or more into your account and activate your Chime debit card.
SpotMe only covers overdrafts caused by ATM or debit card transactions and starts with just $20 in overdrafts. You can raise this limit with regular deposits and a solid account history, by qualifying for promotional bonuses offered by Chime or by using SpotMe Boost, a program that allows existing members to boost each other's SpotMe limit.
- Available in all states
- No fees or tipping obligation
- Low monthly direct deposit requirement of $200
- Overdraft limits start at $20 and max out at $200
- Must use with Chime Checking account and debit card
- Overdraft only covers debit card purchases and ATM withdrawals
Loan amount | $20 - $200 |
---|---|
Interest rate type | Fixed |
Loan Term | N/A |
Turnaround time | Same day |
Loan amount | $20 - $200 |
---|---|
Turnaround time | Same day |