Chime has been an impeccable service helping thousands of users transfer funds and receive them as well online.
In a nutshell, you can transfer the money simply by using routing number and account number of your Chime account.
However, proceeding with this requires more than just basic knowledge so below we will cover everything you need to know about Chime to Cash App money transfer.
How To Transfer Money From Chime To Cash App
Now we will talk all about sending money from your Chime account, creating the account, and accepting funds on Chime.
Open Your Chime Account
The first and the foremost thing you need for transferring money from Chime account is setting up one. There are a few requirements that you will need to keep in mind.
- Users must me of age more than 18 years.
- You own a government ID.
- A Social Security Number.
When you start filling out the application, you would be required to enter personal information such as email ID or your contact number.
This is a routine collection of data when opening an account online. Furthermore, the website will ask you to scan and upload all relevant document.
Here you get to choose whether you want to apply for Chime debit card or not. Keep in mind that money transfer is possible without debit card and we will discuss it in more detail towards the end of the article. You can use merely the account to send money with checking account number.
Add Money To Chime Account
There are a number of ways in which you can add money to your Chime account. Let’s discuss some of the below.
The first method is provide the account number and routing number to the sender who wishes to share money with you.
If the employer or the client also owns a Chime account then you just need to share your account number with them.
Another approach to send money to your Chime account is by linking it to a bank account and transfer money from your bank account. Services that offer this include Bank of America, Navy Federals, Charles Schwab, SunTrust, TD Bank, Capital One, Citi, Wells Fargo, and many more. The procedure is as follows.
- Open your Chime app.
- Navigate to Move Money section.
- Click on Transfers.
- Enter the credentials of the bank account you wish to use.
- Link the account to your Chime.
- Transfer the amount.
Send Funds From Chime to Cash App
So the basic aim of this article was to let readers know how to transfer money from Chime to Cash App. Here’s a breakdown of this procces.
Set Up Your Chime Account
The first thing you need to in order to make the money transfer is to create your Chime account online. Few pre-requisites of setting Chime account include:
- Government ID.
- Social Security Number.
When you access Chime online, the web page will ask you to fill out this information in an application form.
The process will take less than a minute to complete. As soon as you are approved, Chime will send its VISA Debit card to the address that you had provided before.
Link Chime Account To Cash App
Now when you own a Chime account, the next step is to link it to Cash App. You should open the Cash App and then tap on area in the profile picture. The next window will let you enter bank account and add it to your App.
You can also link other cards such as secured or unsecured credit cards since it necessarily does not have to be Chime. In either case, money transfer option will become available once the account addition is complete. The account that you have added will appear on the list.
Confirm That Set Up Is Complete
Online money transfer is a risky deal. You are playing around with a lot of numbers so you have to make sure you provide the correct information every time you are moving funds.
Ensure that you have the right Chime account number and type in the correct amount of money to be deposited.
Operating online account is also tricky. You should stay away from any activities that may get your account blocked or reported.
Pro-Tip! When you have just linked your Chime to Cash App and are about to make the first transfer, begin with exchanging a little amount such as $1. In case there are issues or the transaction fails, you will not be facing a huge loss.
Proceed To Complete The Transaction
Now that Cash App and Chime are linked, you can transfer money easily. You can also make direct deposit from Chime account to Cash App using account number and routing number.
Transfer Money From Chime To Cash App Without Debit Card
So far, we have talked about sending money from your Chime debit card. What if you don’t own the card and still wish to transfer funds to Cash App? Luckily, you can do that by connecting online Chime account to Cash App.
Let us quickly review how this can be done in a simple manner.
- Open your web browser on the smartphone or computer.
- Log in your Chime account.
- Navigate to the tab that lets you transfer money.
- Type in the amount of money you wish to transfer.
- Click on Proceed button.
- Provide your personal information in the Cash App. This includes phone number, email ID, and full name.
- Hit the Pay button.
The money will then move to your Cash App. Make sure you open the app and check that the funds have been transferred successfully.
The major difference is that if you were using a debit card, you would have to provide card number, CVV number, and the card expiry date.
Send Money From Chime Account To Other Bank Account
Chime lets you send money to other Chime accounts or bank account. When you send money to other Chime account, the funds will be made available immediately.
On the other hand, sending money to non-Chime account will require you to provide routing number and account number and it can take up to 5 days to complete the transfer. The recipient may not see the funds immediately in their account.
Note! As you are sending money to another bank account, the authorities need to ensure that there is no fraud or scam involved in money transfer. That is the reason why it can take a couple of days to transfer money from Chime to other accounts.
Chime also allows transfer funds to bank accounts of service providers such as internet or smartphone charges.
You can schedule a payment at a specific date of the month so the charges are cleared before the due date. Chime users have to provide the account and routing number to withdraw money and make the transfer.
Send Money From Chime Account Worldwide
You can use Chime account to share money to your friends to other side of globe but this needs to be done indirectly.
That is because Chime does not allow wire transfers but lets you exchange money via TransferWise, Xoom, or MoneyGram.
You should look into difference service providers as all of them charge variable fee for the transaction.
When you are transferring money to an international bank account, you will first have to send the funds to service provider’s account and then wait for them to forward it to the bank account of the recipient.
Obviously, the transaction will be made keeping in view the exchange rate of US dollars to local currency.
Note! The recipient does not need to use TransferWise or any other such service to accept the funds.
You can also transfer money using PayPal just like you can make international transfers via PayPal. How does that work? Simple use your Chime account to send money to PayPal and then forward the funds from there to any account across countries.
Transfer Money From Chime To Cash App – Is It Safe?
It is safe to say that Chime is a secure service. Your funds are insured by FDIC so that even in rare cases that your bank fails to protect you, the money will still be safe.
For those of you who did not know, FDIC is a private agency in the US that operates independently of any other institution.
Its primary task is to safeguard the money that customers deposit in the bank. In case the financial institution undergoes collapse, FDIC steps in to protect the funds.
Furthermore, Chime offers great customer support service. You can get in touch with its representatives in case you have queries or you are facing a confusion. This service is available at 844-244-6363 and [email protected].
What You Need To Know About Chime Bank
Chime is an American Private company that was launched by Chris Britt and Ryan King in 2013. Relatively new, right? Nonetheless, it quickly won considerable number of users as an online banking app that provides financial services for free.
Did You Know? Chime headquarters are located in California. It currently has 8 million account holders and the number continue to grow exponentially since 2020.
Chime does not have any physical branches. It operates like the US Bank or the Bank of America. Moreover, Chime does not charge overdraft fee or monthly charges.
Account holders only need to download the Chime app and create account on their Android or Apple phones and then use the banking services without any additional charges.
It is quite easy to transfer money from Chime to Cash App if you simply have access to tablet, computer, or smartphone. Chime is an online banking system that let’s you create an account before you can transfer money. The exchange is possible via services like MoneyGram, Xoom, or TransferWise.
Hopefully, we have covered all the information that you were in search of. If you are left with any more queries, feel free to drop them in the comment section below.
Frequently Asked Questions About How To Transfer Money From Chime To Cash App
Is it possible to send money from Chime to other account?
Chime lets you send money to other Chime accounts or bank account. When you send money to other Chime account, the funds will be made available immediately. On the other hand, sending money to non-Chime account will require you to provide routing number and account number and it can take up to 5 days to complete the transfer.
Can I send money from Chime account without card?
Yes! First, open your web browser on the smartphone or computer and log in your Chime account. Then navigate to the tab that lets you transfer money. Type in the amount of money you wish to transfer. Click on Proceed button. Provide your personal information in the Cash App and hit the Pay button.
How long will it take If I send from Chime to another bank account?
Another Chime account will receive the funds immediately. Non-Chime account will get the money 3 to 5 days after the transfer has been made.