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Secured Chime Credit Builder Visa® Credit Card
Secured Chime Credit Builder Visa® Credit Card Review
The Secured Chime Credit Builder Visa® Credit Card takes on a straightforward approach to credit building, with no fees or interest rates adding to its allure for those cautious about additional charges. It is a foundational tool for credit improvement, rather than a fully-featured financial product offering broader benefits.
Our editors rate credit cards objectively based on the features the credit card offers consumers, the fees and interest rates, and how a credit card compares with other cards in its category. The ratings are the expert opinion of our editors, and not influenced by any remuneration this site receives from card issuers.
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Secured Chime Credit Builder Visa® Credit Card
Apply Now
Apply Now
on The Bancorp Bank's secure site
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Secured Chime Credit Builder Visa® Credit Card
SIGN-UP BONUS
N/A
REWARDS RATE
Non-rewards card
Build your credit history
Your direct deposit sets how much you could spend, spend up to that amount, and have your monthly balance automatically paid with your direct deposit.
Annual Fee
$0
Interest & fee free cash withdrawals
Interest & fee free cash withdrawals at 60K+ ATMs at retailers like Walgreens, CVS, and more.
Annual Fee
$0
Card Brand
Visa®
Recommended Credit Score
Limited / Poor / FairHighlights
- No annual fees or interest,* no credit check to apply, and no minimum security deposit required3
- Help increase credit score by an average of 30 points1
- View and track your FICO® Score right in the Chime app. FICO Scores are used by 90% of top lenders
- Use everywhere VISA is accepted on everyday purchases, such as gas and groceries, and have these purchases count towards building credit via on-time payments
- Build credit history with your own money - your direct deposit sets how much you could spend, spend up to that amount, and have your monthly balance automatically paid with your direct deposit.
- Instant disable card in-app and real-time transaction alerts to prevent fraudulent activities, 24/7 support to assist you around the clock.
- Interest and fee-free˜ cash withdrawals at 60K+ ATMs at retailers like Walgreens, CVS, and more.
- Apply for a Secured Chime Credit Builder Visa® Credit Card once you sign up for a Chime Checking Account2. See www.chime.com to learn more.
- Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A. The secured Credit Builder Visa® Credit Card is issued by The Bancorp Bank, N.A. or Stride Bank, N.A., pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted. Please see the back of your card for its issuing bank.
- *No interest: Out of network ATM withdrawal fees may apply. See here for details.1 Based on a representative study conducted by Experian®, members who made their first purchase with Credit Builder between June 2020 and October 2020 observed an average FICO® Score 8 increase of 30 points after approximately 8 months. On-time payment history can have a positive impact on your credit score. Late payment may negatively impact your credit score.2 To apply for Credit Builder, you must have an active Chime® Checking Account.3 Money added to Credit Builder will be held in a secured account as collateral for your Credit Builder Visa card, which means you can spend up to this amount on your card. This is money you can use to pay off your charges at the end of every month.ATM Disclosure: Out-of-network ATM withdrawal fees may apply except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM.
Additional Info
Foreign Transaction Fee
$0
Balance Transfer Fee
N/A
Expert Review
Editor's Overall Rating
Our editors rate credit cards objectively based on the features the credit card offers consumers, the fees and interest rates, and how a credit card compares with other cards in its category. The ratings are the expert opinion of our editors, and not influenced by any remuneration this site receives from card issuers.
From the LendingTree editorial team, updated on Jan 28, 2025
We don't have a review for this card yet, but sit tight! There's one coming soon.
The Good
- The Secured Chime Credit Builder Visa® Credit Card stands out for its no annual fee and no interest rate policy, making it a very cost-effective option for those looking to build or improve their credit score. It also doesn't require a credit check for approval, allowing easier access for individuals regardless of their credit history, and it reports to all three major credit bureaus, aiding in the credit building process.
The Not So Good
- You must have a Chime Spending Account and having to move money into the Credit Builder secured account to spend can be limiting for some potential users who prefer more flexibility with their funds.
The Bottom Line
The Secured Chime Credit Builder Visa® Credit Card takes on a straightforward approach to credit building, with no fees or interest rates adding to its allure for those cautious about additional charges. It is a foundational tool for credit improvement, rather than a fully-featured financial product offering broader benefits.
Editorial Note: This content is not provided by The Bancorp Bank. Any opinions, analyses, reviews, or recommendations expressed on this page are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by The Bancorp Bank.
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Credit Line
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Fraud Liability
$0 fraud liability for unauthorized charges.
Worldwide Acceptance
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Rewards Rate
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Credit Line
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Regular Purchase APR
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Reports to Credit Bureaus
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Regular Purchase APR
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