How do I transfer money to my Chime Spending Account

Chime is becoming popular for instant money transfer to your friends, family, or colleagues if they open a Chime Spending Account. You can also get a direct deposit in the Spending Account from your employer without the hassle of visiting your bank. 

You need a Chime routing number and Spending Account number for instant transfers and enabling direct deposit. All the money you get automatically gets transferred to the Chime Spending Account as soon as you receive it. 

The Chime direct deposit is fastly replacing the physical paycheck, and it is commonplace among employers and government agencies. To get federal benefits, you need Chime to receive instant transfers. Many people don’t have traditional bank accounts to receive money and hold their deposits. Want to know how to send money on Chime? Here is a step by step guide for you:

  1. Open the Chime App on your mobile and tap ‘Pay Friends.’
  2. Enter your friend’s email or phone number 
  3. Enter the amount of money you want to transfer and click ‘Send.’

How to transfer money from Chime to a bank account?

  • To transfer money from Chime to a bank account, you need to link it first with Chime by logging into the Chime app or the official website of chime.com

  • In the Chime, go to Settings, select the “Link a Bank Account” option, choose one of the banks listed, and enter your other bank’s login credentials.
  • Once your account is linked, you can transfer money from Chime to a bank account up to $200.00 per day and $1,000.00 per month.

  • Then to transfer money from Chime, click on the Move money, or Transfer funds tap.

  • The transferred funds will be available within five working days to your bank account.

Chime Money Transfer Failed

Chime bank transfer is the best option for you, as with Chime instant transfers, you can pay friends or family using their phone number or email address.

So many qualities of Chime make it popular, but it is also prone to some issues. For example, sometimes Chime money transfers are not successful. To troubleshoot the Chime transfer failed to issue, you will have to search for the reasons and know why the Chime transfer failed.

Why does Chime money transfer fail?

  1. Chime Transfer Limit: There is a Chime transfer limit which means you can only withdraw $500 per 24 hour period from ATMs. And you can transfer a maximum of $200 per day and up to $1,000 per calendar month. Once you cross this limit and the Chime money transfer failed.

  2. Entering the wrong bank account details: The Chime bank transfer failed is also possible; if you enter the account number and other required details on the Chime, it is suggested you should correct it as soon as possible. 

  3. In case of Chime transfer failure, you cannot visit a bank: With Chime, you will have to conduct all the banking activities digitally, and in case of Chime transfer failed you can not visit the bank. Although you can visit a Chime partner location, this involves paying fees to the third party.

  4. Limited options: As you Chime only offers checking and savings accounts to users. So if you’re looking to complete all your banking needs with this one single bank, it might not be possible, and you will have difficulties in Chime transfer money to another bank.

  5. Sometimes the Chime failed to transfer money: There might be delays due to bank holidays. The Chime does not work on federal and bank holidays. So, these banks usually do not process direct deposits from Chime on holidays. Hence you need to wait on such days and get your money on working days. 

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