Chime Credit Builder Secured Visa Card Review 2022

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Shivangi Gupta
Shivangi Gupta
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With its finest financial technology, distinguished services, and ability to be easily accessible; Chime has always made sure to be everyone’s top pick up. It always serves the citizens with the sole purpose to change people’s perspectives about banking, whether it was about being a viable alternative for customers with a bad credit score or a bad ChexSystems score.  

Chime is known for its great leadership team who knows when to serve the customers, what to serve and how to serve. They pursue a single mission of valuing everyone’s emotions and providing them financial peace of mind. Besides that, Chime also provides a vast platform for every fellow who is investing their full faith in their credit services by introducing them to new ways that can build their credit for free, safely, and on a regular basis. In this article, PathofEx will review Chime’s Credit Builder Secured Visa Card in a manner that will elucidate every doubt that your mind is holding on to.

Every credit card applicant regards an inexpensive, fee-free, and highly secured card as the most worthy card to apply for, and fortunately, Chima offers you one. It also has some cons as well, however, this article will provide an honest review of the Chime Credit Builder Secured Visa Card which will let you know every angle of the story.   

Chime Credit Builder Review 

Chime Credit Builder
  • No annual fees.
  • No interest charges.
  • No minimum security deposit requirement.
  • No credit check.
  • Report to all 3 credit bureaus.


Rating 2.5/5Regular APR: NAWelcome Bonus: NA

How Does It Work?


Any Chime client with a Chime Spending Account direct deposit worth a minimum of $200 in the past 365 days is eligible to use his credit-builder account. After transferring your money from the Chime Spending Account to a secured account linked to Chime’s credit builder card.    

(If you don’t own one, it is a matter of 2 minutes to apply for one)

You don’t need any particular credit score to acquire one as it doesn’t require a credit check.

Also, read 6 Banks That Don’t Use ChexSystems | Everything That You Need To Know


Credit Builder card is accepted anywhere and everywhere, which means you can swipe it at a gas store, grocery outlets, or at retail shops; after it shows up at your door (it probably takes 5-7 business days for your card to arrive) 

To activate your card, just

  1. Open the Chime app.
  2. Jump to settings.
  3. Click on the option: Credit Builder.
  4. And lastly, Activate your card. 

Chime’s credit builder card has a ‘Safer Credit Building ’ feature inbuilt in it that automatically uses your credit builder secured account to clear your monthly balance. This acts as a guard to you in case you forget to clear your dues, but it needs to be activated so make sure you do that. 

Benfits & Drawbacks!

Economical as no annual fee or interest is chargeable.
Every credit score is acceptable. Easy to build credit with the ‘Safety Credit Building’ feature. 
No foreign transaction fee.
It requires a Chime Spending Account. 
No rewards (like cashback or welcoming bonus) are linked. 
The credit limit is aligned with your deposits.  

Methodology to Pay Off The Card

Chime Credit Builder

There are particularly 3 ways to pay off your credit builder card charges :

  1. Turn on your ‘Safety Credit Building’ and eliminate your effort of paying your dues.
  2.  Manually pay your balance by heading to settings > safer credit building > make a payment.
  3. Use ACH Payments and pay from any bank by using your Credit Builder’s account. Go to settings > safer credit building > make a payment > paying with another bank. 

What If You Miss a Payment?

Firstly, it is highly recommended to never miss your payment because this may pull off some negative remarks on your credit card. But if you ever skipped a payment, your Credit Builder card may be disabled and ask you to pay your overdue balance. Check it on, ‘How and when do I pay off the card?’ and find a way to make your payment. 

If it is not cleared fully in the coming 30 days then this may be reported further to the major three credit bureaus. 

Also, read What is TeleCheck | Everything That You Need To Know

Chime Credit Builder Card at an ATM

Chime Credit Builder Card can help you get cash from any ATM. There are 60,000 + in-network ATMs in stores like Walgreens, 7-eleven, and more. You can also use the ATM map feature in the Chime app to find the nearest one. 

Winding Up

Chime Credit Builder Card is a good option to add to your list but with no rewards and a must-have spending account, it can take a back seat if you are peeping in for some cashback and welcome bonus, this will be pocket-friendly though with no annual fee, interest charges or foreign transaction fee. 

For more comparable alternatives, take a look at another article which talks about our Best Credit Cards for bad credit.

Good Day!


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