Chime Credit Builder Secured Visa Review

Discover how the Chime Credit Builder Secured Visa is revolutionizing credit-building with its innovative features and transparent approach.

Introducing the Chime Credit Builder Secured Visa—a revolutionary tool designed to empower individuals on their journey to financial health. With Chime’s innovative approach to banking, this secured credit card offers a unique opportunity to build credit responsibly while enjoying the benefits of a traditional Visa card.

Whether you’re new to credit, working to rebuild your score, or simply seeking a smarter way to manage your finances, Chime Credit Builder Secured Visa provides a path to financial freedom.

CREDIT CARD

Chime Credit Builder Secured Visa

No secured deposit No annual fee

Credit building starts right now.

Watch an ad to apply for your card You will be redirected

Credit Building

Credit building is at the core of the Chime Credit Builder Secured Visa. With this card, you have the opportunity to establish or improve your credit history responsibly. By making on-time payments and keeping your credit utilization low, you can gradually build a positive credit history, which is essential for accessing future credit opportunities, such as loans and mortgages.

The Chime Credit Builder Secured Visa reports your payment activity to major credit bureaus, ensuring that your responsible credit behavior is recognized and reflected in your credit report. Ultimately, this card serves as a valuable tool for those looking to take control of their financial future and achieve greater financial freedom.

No Secured Deposit Requirement

With the Chime Credit Builder Secured Visa, there’s no need for a secured deposit. Instead, the money you transfer from your Chime Checking Account to your Credit Builder secured account determines the amount you can spend on your card.

This flexibility allows you to manage your spending based on your financial situation. You can automate money transfers every time you get paid or move money manually, with transfers taking nearly instant—about a minute—to process.

Unlike other secured credit cards with set credit limits, the Chime Credit Builder Secured Visa offers more control and immediate access to your spending power. Plus, there’s no waiting period or requirement to use the card for several months before becoming eligible for a credit limit increase, providing you with greater financial flexibility from the start.

Chime Credit Builder Secured Visa benefits

$0-annual-fee

The Chime Credit Builder Secured Visa doesn’t come with an annual fee, so you won’t have to worry about paying extra every year. This makes it a budget-friendly choice, allowing you to focus on building your credit without any added expenses.

Integration with Chime Mobile App

The Chime Credit Builder Secured Visa seamlessly connects with the Chime mobile app, providing convenient access to account management tools and financial insights. This integration ensures that you can easily monitor your spending, track your transactions, and stay updated on your credit-building progress—all from the palm of your hand.

Transparent Fee Structure

The Chime Credit Builder Secured Visa has a straightforward fee structure, so you’ll always know what charges to anticipate. This simplicity makes it easier to keep track of your card expenses and stay on top of your financial situation.

Security Features

The Chime Credit Builder Secured Visa offers various security features to keep your account safe. These measures include zero liability protection for unauthorized transactions and real-time transaction alerts, providing peace of mind against potential fraud.

Opportunity for Credit Access

The Chime Credit Builder Secured Visa offers a chance for people to get credit, even if they have a limited or poor credit history. This gives opportunities to those who may have struggled to get credit before, helping them move towards financial stability and improve their credit over time.

Convenient Payment Options

The Chime Credit Builder Secured Visa provides convenient payment options, allowing you to manage your payments in a way that suits you best. Whether you prefer to set up automatic payments or make manual payments, you have the flexibility to choose the method that fits your lifestyle and financial preferences.

Worldwide Acceptance

You can use the Chime Credit Builder Secured Visa anywhere Visa is accepted, whether you’re at home or traveling abroad. This means you can count on your card to make purchases and transactions wherever you go, making life easier no matter where you are.

Visa perks

Enjoy the perks of being a Visa cardholder with the Chime Credit Builder Secured Visa. This includes various benefits such as extended warranty protection, purchase protection, and roadside dispatch services. Plus, gain access to exclusive offers and discounts from Visa partners, enhancing your overall shopping and travel experience.

Who can apply?

To apply for the Chime Credit Builder Secured Visa, applicants must meet the following criteria:

• Must be a legal resident of the United States.
• Must be at least 18 years old.
• Must have a valid Social Security number (SSN).
• Must pass identity verification.
• Must have a funding source at a Chime Checking Account to transfer to your Credit Builder secured account.

How to apply?

Applying for a Chime Credit Builder Secured Visa is easier than you think:

1. Go to the Chime website and look for Chime Credit Builder Secured Visa
2. Click on Apply Now
3. Read Terms and Conditions
4. Fill your personal and financial details
5. Submit your application

Frequently asked questions

How long does it take to receive approval for the Chime Credit Builder Secured Visa?

Approval for the Chime Credit Builder Secured Visa is typically fast, but processing times may vary. Once approved, you’ll receive your card in the mail within a few weeks.

How do I make payments on the Chime Credit Builder Secured Visa?

You can make payments on the Chime Credit Builder Secured Visa through the Chime mobile app or website using your linked funding source. 

How does a secured credit card work?

A secured credit card requires a security deposit, which serves as collateral for the credit limit. 

Can I use the Chime Credit Builder Secured Visa everywhere Visa is accepted?

Yes, you can use the Chime Credit Builder Secured Visa wherever Visa is accepted, both online and in-store, worldwide.

CREDIT CARD

Chime Credit Builder Secured Visa

No secured deposit No annual fee

Start building credit on everyday purchases.

Watch an ad to apply for your card You will be redirected