Cash withdrawal and third-party fees may apply to Chime Checking Accounts. A Chime Checking Account is required to be eligible for a Savings Account, and there’s no fee for the Chime Savings Account. or Stride Bank, N.A., Members FDIC) that provides checking and high-interest savings to U.S.-based consumers. Financial apps also provide many different services not available with traditional banks.Ĭhime is a financial technology company (not a bank - banking services provided by The Bancorp Bank, N.A.
Financial apps are becoming popular precisely because they eliminate the need for traditional banks and the fees they charge.
Two of the most popular apps in the fast-growing banking app universe are Chime® and Revolut.
