No Annual Fee or Interest
The legacy Credit Builder card has no annual fee and no interest charges. Certain third-party fees may still apply
Chime Credit Builder: Build Credit
Explore Credit Builder's features, costs and credit-reporting benefits
Important product update: Chime Credit Builder is a legacy product, and new accounts are no longer available. Existing cardholders can continue using their card or review the current Chime Card.
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SEE HOW CREDIT BUILDER WORKS
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How Chime Credit Builder Works
The Chime Credit Builder Visa® Credit Card was designed to help eligible members build credit history using money set aside in a secured account.
The available spending amount depends on the funds moved into that account rather than a conventional preset credit limit.
Chime reports payment activity to the three major credit bureaus. On-time payments may help build credit history, but improvement is not guaranteed.
Late payments and other credit activity may affect a person's credit profile. New Credit Builder accounts are no longer available.
Existing cardholders can continue using their legacy account or review the current Chime Card as an option for new customers.
Key Features and Costs
- $0 annual fee: the legacy Credit Builder card has no annual fee.
- No interest charges: Credit Builder does not charge interest on purchases.
- No credit check to apply: this was a feature of Credit Builder, but new accounts are no longer available.
- Credit bureau reporting: payment activity is reported to Experian®, TransUnion® and Equifax®.
- Secured spending: funds moved into the secured account determine the available spending amount.
- Possible third-party fees: certain ATM withdrawals or other transactions may carry fees.
Review the applicable account terms and any fees that may apply to related services.
Your Questions, Answered
Can new customers still apply for Chime Credit Builder?
No. Chime Credit Builder is a legacy product, and new accounts are no longer available. New customers can review the current Chime Card and its eligibility requirements.
Does Chime Credit Builder have an annual fee?
The legacy Credit Builder card has a $0 annual fee. Other third-party fees may apply depending on the transaction or service.
Does Chime Credit Builder charge interest?
The legacy Credit Builder card does not charge interest on purchases. Check the applicable account terms for other fees or services.
Does Chime report payments to credit bureaus?
Yes. Credit Builder payment activity is reported to Experian®, TransUnion® and Equifax®. On-time payments may help build credit, but results vary.
How is the spending amount determined?
For existing users, money moved into the secured deposit account determines the amount available to spend with the card.
What is the current alternative for new customers?
Chime's current card option is the Chime Card. Review the official product page for current eligibility, requirements and features before enrolling.
What to Check Before Moving Forward
1. Check product availability. Chime Credit Builder is no longer open to new accounts, so new customers should review the current Chime Card.
2. Understand the costs. The legacy Credit Builder card has no annual fee or interest charges, but certain third-party fees may apply.
3. Review the current terms. Confirm account requirements, eligibility and features directly with Chime before making a decision.
EXPLORE THE CURRENT CHIME CARD
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Disclaimer: This content is for informational purposes only and is not financial advice or an offer of credit. Chime Credit Builder is a legacy product, and new accounts are no longer available. Existing cardholders should review their applicable account terms and benefit disclosures. Fees may apply to certain transactions. Confirm current product features and eligibility directly with Chime.