- It has a positive balance
As per Earnin website, it’s service is currently available to selected Chime users on a test basis. Earnin is working on improving their service to offer full-fledged support to Chime users.
Apparently, there are complications in determining the pay schedule for Chime users, as they can receive their paycheck upto 2 days earlier.
So using Earnin with Chime is a bit of trial and error. You can try linking your Chime Bank Account in Earnin App by going to Earnin App Settings Option -> then “My Bank” option. Search for Chime Bank and add your Chime bank details. See if you get the confirmation to know if you are one of the lucky Chime users which Earnin supports.
If you get a confirmation from Earnin that your Chime Account is succesfully linked, make sure to turn on “Allow Transactions” option in your Chime Account settings. This gives Earnin the permission to send “Cash Outs” to your Chime account and auto-debit your account on payday.
Earnin doesn’t charge any interest and charges on paying, but it does ask for a tip when you opt to it to advance money on your paycheck.
Another popular app which offers advance against your paycheck is the Branch app. While Branch can work for Chime users, there is a catch. As per the Branch Support Page, if you bank with Chime, you will be required to put your direct deposit in your Branch Wallet to to qualify for an advance. The amount of advance you can get on Branch depends on the number of hours you have worked and the wages (usually capped at $500 per pay period). While there are no interest or charges involved here, there is a tip that you can pay. But, if you want to access funds instantly, it does charge fees of $3.99.
Dave is one of the cash advance apps that allows users to link their Chime Account. It seems there are no issues for users banking with Chime with Dave. Dave usually provides cash advances to cover small expenses (upto $75). It works on voluntary tips but also charges a monthly subscription fee of $1.
Albert is another one of the cash advance apps that works fine with Chime. You can connect your Chime Account with Albert and can http://www.paydayloanstennessee.com/ get cash advance against your next paycheck.
Alber offers advance raning from $100 upto a maximum of $250, depending upon your income. Again there is no interest or late fees charged by Albert. However, like other apps, Albert works on a subscription model with a fee of $3.99 per month. Also, if you want to advance instantly, you need to pay a $4.99 delivery fee.
The Klover app is another paycheck advance app that is compatible with Chime. While Klover does not charge you interest, charges or checks your credit score. Instead, it earns money through advertising by serving you custom ads based on your profile. The amount of advance you can get varies from $100 to $500. You need to at least 3 direct deposits to qualify for paycheck advance.
Another app that works with Chime is Empower App. It allows eligible members (Requires setting up checking account) to get interest-free advance of upto $250. There are some criteria to be eligible like a healthy current account balance, recurring deposits from employer and balance history for Empower to qualify. It also charges a monthly subscription of $8.
You can use Chime’s own product- Chime SpotMe which allows you an overdraft of upto $200 (Starts from $20) without any fees. To qualify, you need to have a direct deposit of $500 or more. The limit is set based on your account history and activity. With this service, any purchase using Chime debit card exceeding your balance can be funded upto your overdraft limit. So it is allowed only for purchases on your Chime Debit Card and not for withdrawing cash or transferring funds to someone. You can enrol into Chime SpotMe by going to the Settings Tab (make sure you have the latest version of their app) and see if you are eligible.