FAQs
You can get your Secured Chime® Credit Builder Visa® Credit Card deposit refunded by simply transferring the deposit from your "credit builder" account back into your chime checking account. You can do that through your online account or by using the Chime mobile app.
How is a credit card deposit refundable? ›
You typically get your secured credit card deposit back when you pay your balance and close your account or when your secured credit card converts to an unsecured card. After you demonstrate responsible use of your secured credit card over a certain period, the card issuer may offer to convert it to an unsecured card.
How do I get cash back from my Chime credit card? ›
Yes! You can get cash using your Chime Credit Builder card at any ATM. To avoid out-of-network fees,² we recommend using one of the 50,000+ in-network ATMs found in retailers like Walgreens®, 7-Eleven®, and CVS Pharmacy®. Go into your Chime app and use the ATM Map to find one close to you!
Can I use my Chime secured credit card with no money? ›
No, you cannot use your Secured Chime® Credit Builder Visa® Credit Card with no money in your secured account. To use your card, you need to have available credit to cover your purchases.
How to request for a refund on Chime? ›
For online purchases, search the web for the merchant's name plus “refunds” or “returns.” Alternatively, the merchant's website may have a “Contact Us” or “Customer Support” section with instructions for getting help.
How to get your secured credit card deposit refunded? ›
Get your deposit back: Once your account is closed, and your issuer is sure there aren't any other charges that will be posted to your account, your deposit will be returned to you. This process usually takes 30 to 90 days, but varies by issuer.
How credit card payment is refunded? ›
To initiate the process of Credit Card refund after payment, the customer needs to contact the merchant. You need to go through the merchant's return and refund policy. After the merchant initiates the refund, it may take around 5-10 business days for it to be reflected in your Credit Card statement.
Is the Chime credit card a real credit card? ›
The secured Chime Credit Builder Visa® Credit Card is issued by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC. pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted.
What is Chime credit card credit limit? ›
You can increase your own credit limit at any time, depending on how much money you transfer from your Chime checking account to your Chime Builder secured account. The maximum limit you can have on the card is $10,000. There is no upgrade path to a typical “unsecured” line of credit though.
Can you use a Chime credit card like a regular credit card? ›
The secured Chime Credit Builder Visa® Credit Card is issued by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC. pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted. Chime Checking Account and qualifying direct deposit required to apply.
After a merchant issues a refund, it usually takes up to five business days for the money to appear in your account. Keep in mind that this processing timeline is based on when the merchant issues the refund back to your account.
Does Chime refund disputed transactions? ›
Chime may apply a temporary dollar amount to your account while we investigate the transaction(s) you disputed. If we can't resolve your dispute within ten business days (20 business days for new accounts), we may add a temporary credit to your account balance to cover the disputed amount.
Is Chime under investigation? ›
The Consumer Financial Protection Bureau took action against Chime this year for "illegally delaying consumer refunds." Meanwhile, federal regulators are proposing new federal oversight of Big Tech companies and other providers of digital wallets and payment apps.
Are deposits refundable legally? ›
In summary, a deposit is security for the buyer's performance of the contract. It is generally not refundable unless the contract expressly states otherwise.
Can you get refunded on a deposit? ›
If you paid a deposit at the start of your tenancy, you have the right to get it back at the end. Your landlord or letting agent can only take money off if there's a good reason - for example if you've damaged the property. You'll need to contact your landlord at the end of your tenancy and ask them for your deposit.
What is the procedure for refund of security deposit? ›
At the time of registering the request, the consumer is informed of submitting a written request for refund of the security deposit along with the following documents : (i) Application Form for request for refund, duly signed by the registered consumer. (Format of Application Form is given in Annexure).
Is the deposit fee refundable? ›
Key Points. A move-in fee is a non-refundable charge landlords may add to cover any repairs made before move-in. A security deposit is charged as insurance in case a tenant does not pay rent or leaves significant damages. Security deposits may be returned upon move-out if a tenant leaves the property in good condition.
