No security deposit, no interest, no fees — uses your Chime balance as the limit.
Get started at Chime Financial, Inc. (issuing partner The Bancorp Bank) → Pre-qualify (where available) with a soft credit pull — no score impact.
Building credit — Built for establishing or rebuilding credit — no minimum score
ClearValue Rating: 4.3 / 5 — our editorial assessment (how we rate)
Editorial confidence (30%), cost (25%), value (25%), accessibility (20%) — scored consistently across every product, independent of compensation.
Existing Chime users who want a credit-builder card without locking up money.
Chime Credit Builder Visa — No security deposit, no interest, no fees — uses your Chime balance as the limit. Best for: Existing Chime users who want a credit-builder card without locking up money.. Compare it against alternatives before applying; the right fit depends on your situation, credit, and goals.
The Chime Credit Builder Visa uses your Chime Spending Account balance as the credit limit — there is no fixed credit limit set by Chime. If you move $500 into your Credit Builder account, your limit is $500. This structure means the card never lets you borrow more than you have on deposit, which eliminates interest charges but also means the limit doesn't grow automatically with on-time payments the way a traditional secured card might.
Technically no — there is no separate security deposit requirement. Instead, the card draws its credit limit from your existing Chime Spending Account balance. You move money into your Credit Builder secured account to set the available limit. The practical effect is similar to a security deposit (your own funds back the card), but no cash is locked up in a separate deposit account held by the issuer.
Yes. Chime reports payment activity to all three major bureaus — Equifax, Experian, and TransUnion. Monthly reporting to all three bureaus is the core mechanism that builds a credit history. Consistent on-time payments create a positive payment history across all bureaus, which is the single most influential factor in most credit-scoring models. Chime's auto-pay from your Spending Account helps ensure payments are never missed.
No. ClearValue Lending is not affiliated with Chime Financial, Inc. or The Bancorp Bank. This review presents publicly available information about Chime's Credit Builder product. For official terms, eligibility requirements, and current product details, visit chime.com directly.
How we rate
Every pick gets a 1–5 ClearValue Rating computed from four weighted factors: Editorial confidence (30%), Cost (25%), Value (25%), and Accessibility (20%).
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