What Is Chime Withdrawal Limit & Spending Limit On Your Account?

To make the best use of this online banking service, customers need to be aware of the Chime withdrawal limit and spending limits they should adhere to. These are also useful to know when someone is sending money to your Chime account, or you are transferring funds to another person. 

What Will We Talk About Here?
  • Chime has different withdrawal limits depends on the type of withdrawal such as ATM, over-the-counter, cash back or with a PIN.
  • You can also increase Chime spending limit by maintaining good balance and Chime account history.
  • Over-the-counter withdrawal with Chime has fees lesser than ATM withdrawals.

…and Much More!

What Is Chime Withdrawal Limit?

Chime lets you transfer funds to other accounts such as Cash AppVenmoNetspendPayPaland bank accounts by using the Chime routing number. You can also receive funds on your Chime account from others, all in a completely secure manner. However, it does impose specific withdrawal and spending limits so users can keep a check on their savings.

  • Let us first talk about the Chime withdrawal limit. 

The withdrawal limit on your Chime account would depend on where and how you are taking out the cash. Typically, Chime has four withdrawal options.

  1. Chime ATM withdrawals
  2. Over-the-counter withdrawals
  3. Cash backs
  4. Taking out money with a PIN 
Attention! There is no limit on how many time you can withdraw from you Chime account. The restriction is on the total amount of money that are allowed to take out.

The limit on the amount of cash that you can take out or transfer from Chime to other accounts would vary from one option to the other. Below is a quick summary of what the limits are for each one.

Chime Withdrawal Limit at ATM

Chime ATM withdrawal typically has a limit of $500 per day. However, it would help if you remember that certain ATMs may set a lower limit specific to them only. In this case, you have to make multiple withdrawals to get the amount that you need.

Chime ATM network works with MoneyPass and VisaPlus Alliance. In total, it has more than 60,000 fee-free ATMs from where you can withdraw cash.

  • Visa

Chime’s debit cards are licensed from Visa. Therefore, you can use the card for cash withdrawal with any Visa debit card.

  • MoneyPass

MoneyPass is less famous than Visa but still comprises more than 1,900 organizations. You can easily find a MoneyPass fee-free ATM for Chime cash withdrawals.

How To Find a Chime ATM

You will see an ATM and Cash Back Finder tool on the Chime app or website through which you can locate the closest ATM.

The ATM map can be accessed directly at the bottom right corner of the app if you are using the most recent version. The map will also highlight your current location and the nearest ATM.

Out-of-Network ATM Fees For Chime Withdrawals

You can use out-of-network ATMs for withdrawals. However, the transaction will cost you a $2.50 fee imposed by Chime. Additionally, ATM operators may charge a fee as well. 

Alternative To Using ATM With Chime

Is it a hassle to find the ATMs that work with Chime and drive there?

Well, ATMs are one of many ways to get cash from your Chime account. Another excellent approach is to use Chime to shop at cash-back retailers.

In this way, you will be able to take out $100, $200, or $300 each time you shop for things that you have to buy anyway. However, remember that you can only receive up to $515 cashback daily, and no retailer would give you this amount on a single purchase. You may have to break down the assets.

Chime Over-The Counter Withdrawal Limit

Over-the-counter withdrawal requires you to provide your debit card at a bank or a credit union. The representative would then take out cash from the amount present on your card and hand it to you.

This type of withdrawal has a limit set at $500. You would have to pay $2.5 per transaction. It is a Chime transfer fee that is independent of the charges that the bank or credit union would impose.

Cash Back at Point of Sale

The bank offers handsome cash back when shopping at stores like Walmart or Target. Consequently, there is a limit on how much money you can withdraw, but the exact amount varies from one merchant to another.

It is best to get in touch with their customer support team to ensure what the withdrawal limit is. Retailers often have a maximum limit of up to $100, but some may allow $40 only.

Withdrawals That Require Signature or Pin

This is a combination of various withdrawal methods such as ATM, over-the-counter, and cash back that we have discussed above. Taking all these into account, Chime has set a $2,500 daily withdrawal limit

What Is Chime Spending Limit

Chime spending limit per day would be applicable on all the money transfers that you make from your account, including the transfer from Chime to other apps like PayPal.

The spending limit is the same as the withdrawal limit. It restricts the amount of money you can spend in a day via your Chime account. You should be OK with the banking system as long as you don’t overdo the limits set by Chime.

  • You can also increase Chime’s spending limit, although it would be a long process.

The only way to get this done is to maintain an excellent overall balance, maintain a good Chime account history, and ensure you regularly get direct deposits.

These practices would eventually result in the Chime authorities increasing your spending limit automatically.

Chime Daily Withdrawal Limit – In a Nutshell

Type of Withdrawal Withdrawal Limit
ATM Cash Withdrawal $500 per day
Over-The Counter Withdrawal $500 per day
Cash-Out Using PIN $2,500 per day
Cash Back at Retail Stores $40 to $100 depending on store

Extra Reading

The Best Withdrawal Method With a Chime Account

There is a limit on how much you can take out from your account every day.

  • However, if you are concerned about how much cash you can withdraw, some methods are more helpful than others. 

For example, cash back at the retailer is the most convenient approach to getting money quickly. Even with this method, you can obtain up to $500, and no merchant would typically offer this amount on a single sale.

Tip! You can make multiple purchases at different retailers if you want to get money more than $500.

You can also opt for over-the-counter withdrawal since this method has fees less than that of ATM transactions.

Where Can I Withdraw Money From My Chime Card For Free

Chime ATM withdrawals are fee-free. The network is spread to over 60,000 ATMs. You will find these facilities installed at various stores, including some of the prominent names below.

  • Walgreens
  • Circle K
  • CVS
  • 7-Eleven

Increase Chime Withdrawal Limit

You can increase your Chime limit but with a Chime Credit Builder Account only. The credit card limit linked to the account will increase as you add money to the Chime Builder account from the Chime checking account.

  • The top-up is possible with the Chime mobile app. 

As for the withdrawal and spending limit, there is no method to increase it. You must wait for the limit to reset at midnight Mountain Standard Time (MST) if you have exhausted the daily limit given by Chime.

How To Withdraw All Money From Chime

Chime allows for ATM and over-the-counter withdrawals. You can use this method to withdraw all the money from your Chime account.

ATM withdrawal will allow you to take out $500 to $515 daily. Alternatively, you can request a cash withdrawal at a bank or credit union through a Chime Visa Debit Card.

  • Over-the-counter withdrawal has a $2.50 fee every time with a limit of up to $515 per day. 

Chime Deposit Limit and Methods

You can not deposit cash to your Chime account through an ATM, although there are other ways to add money. 

The easiest method is through direct deposit, which you can set up online. Chime is particular about when a direct deposit reaches your account, and there are hardly any delays.

  1. Tap on the Move Money option in the mobile app.
  2. Then, navigate to the next page, where you need to enter the Chime routing number and account number for the employer.
  3. Email the pre-filled form to the employer for the direct deposit. You can also print it and share it with them.

Another method is to transfer funds to your Chime checking account through the app.

  1. Tap on the Move Money option.
  2. Then, choose Transfers and tap on Transfer Funds.

Chime users are allowed to make up to 6 transfers per month. The transfer can be to a Chime account or any other external account if the financial institution is supported.

  • You can transfer up to $10,000 per day and $25,000 per month. The transfer may take up to 5 days to complete. 

Alternatively, you can opt for mobile deposit and cash deposit, too. Many retailers use third-party services like Green Dot to load funds into Chime Spending Account. Some of the prominent ones are Walgreens, Walmart, and CVS.

  1. Log in to your Chime App and tap on Move Money.
  2.  Then select Deposit Cash.
  3.  In the next step, choose See Locations Near Me to find the nearest retailers allowing cash deposits.

You can make 3 deposits per day as long as the total amount does not exceed $1,000 and $10,000 per month. There may be some fees or limits set by the retailer you visit.

Chime Online Bank – Everything You Need To Know

Chime is an online platform with no physical branch. It became famous in recent years by introducing credit-rebuilding tools and an impeccable Chime debit card that you can quickly reload and use.

When you discover no physical branch, your first impression might be, “Oh, that is uncomfortable!” 

However, the Chime online system is just as efficient, with minimum fees for cash withdrawal and easy accessibility to all its tools. Most of its services are free of cost!

You might be interested in reading: Apps Like Chime.

The Bottom Line

Chime is an impeccable online banking system that has put forward spending and withdrawal limits to help customers who wish to improve their savings.

Some users delete their Chime account, thinking it’s not helpful with money management. However, if you learn all about transfer limits, you can manage your finances more efficiently daily!

Frequently Asked Questions About Chime Withdrawal Limits

How much can you withdraw from Chime at Walmart?

Chime users can withdraw up to $500 daily at any ATM and up to $2,500 at cash-back locations such as Walmart.

Can I withdraw $5000 from Chime?

You can not withdraw as much as $5000 per day from your Chime account. Chime allows a maximum withdrawal of $515 per day at any ATM.

Where can I find Chime ATM for withdrawal?

You can visit Chime’s official website and use its Finder to locate the ATM and Cash Back locations that are closest to you. Moreover, the Chime app has an ATM Map located towards the bottom-right corner of the screen.

Can I withdraw from a Chime savings account using an ATM? 

Yes. You can take out money from your Savings account using an ATM. In total, you are allowed to make six transfers in a month.

How much cash can you withdraw at the register with your Chime account? 

There is also a limit on how much cash back you can withdraw at the stores, but the exact amount varies from one merchant to another. It is best to get in touch with their customer support team to ensure what the withdrawal limit is. Some allow $40, while others offer up to $100.

How much cash back can I get with Chime? 

This type of withdrawal has a limit set at $500. You would have to pay $2.5 per transaction. It is a Chime transfer fee that is independent of the charges that the bank or credit union would impose.