No, Chime is not a bank. It is just a fintech company that gives online banking services with the help of Bancorp Bank N.A., and Stride Bank N.A.
However its looks like just a bank due to its banking services including giving the credit card to debit cards, account opening, fund transferring, and others. And due to its banking services most of the people has been confused and they think it is bank.
But in reality, it is not a bank. It is just a financial technology company. And the Chime has also cleared about this on thier official website and clearly said that Chime is not a bank, it is just a fintech company.
How Does Chime Work?
As we know Chime is not a bank. But it offers most of the banking services like savings account, debit card, credit card, fund transfer, and many more.
It also claimed that they provide 60,000+ fee free ATMs machines. And it doesn’t take any charges like overdraft fees, and account maintenance fees.
It has collaborated with banks like Bancorp Bank N.A., and Stride Bank N.A. both is the members of FDIC to provide secure banking services. And with the help of its partners banks, Chime provides banking services.
Chime Bank Name and Address
Chime is working like a bank and that is why most of the people know that it is bank and they searches Chime Bank Name and Address.
But here we want to say that Chime Bank has no any offline bank office. It is an online fintech company that provides its services only online. If you are searching for its name or bank address offline in your city, then you are wasting your time.
There is no any offline bank as the name of Chime. Chime is partnership with Bancorp Bank N.A. and Stride Bank N.A.. If you want to contact with Chime Bank, then you should contact with Chime customer support team and they will help you to solve your queries.
Conclusion
Hello My Dear Readers, Today we have learned that Chime is not a bank, it is just a financial technology company that provides online banking services with the help of its partner banks. We hope after reading this article your doubt has been clear.