17 Cancel A Chime Transaction Questions! (Quick Answers!)

Reading time: 10 mins

Chime is a convenient banking service that allows for fast and hassle-free transactions. Canceling transactions is also easy.

This guide will teach you how to cancel a payment you mistakenly sent, or impede a transaction you did not authorize.

How To Cancel A Pending Transaction On Chime:

You can cancel Chime transactions that are still pending. Pending transactions are those payments you already sent but the receiver has yet to retrieve the funds. For completed transactions, you can still apply for a refund from the merchant. If there is a dispute, you need to contact Chime for help. 

To check if the transaction is still pending, open your Chime app and log in to your account. Then, locate and tap on the “View Transactions” tab. 

You will see the word Pending beneath the dollar amount of the said transaction. If there is none, this means that the transaction has been cleared.

A green or black bar also indicates that the transaction is in process.

You can also view pending transactions by accessing the Chime website. Just navigate to the list of all of your transactions and look for the ones with Pending on the far right of the screen. 

Once you have located the pending transaction you wish to cancel, you only need to do several steps to complete the process.

You can cancel it either via the Chime app, the Chime website or through a phone call.

Using The Chime App:

To cancel a pending transaction using the Chime mobile app, follow these steps:

  1. Open the Chime app and log in to your account.
  2. Locate the pending transaction you want to cancel, and tap it. This will bring up a menu that indicates your ability to cancel the payment transfer.
  3. Select the “Cancel Transfer” button.

If the transaction cannot be cancelled, you can select “Report Problem with this Transaction” to start the dispute process.

Using The Chime Website:

If you prefer to use the Chime website, follow these steps to cancel a pending transaction:

  1. Visit the Chime website and sign in to your account.
  2. Click on “View Transactions” to see your recent activities, including pending transactions.
  3. Find the transaction you want to cancel, and click on the “Cancel” link that appears next to it, if available.

If the option to cancel is not available, you can follow the “Dispute” link to report a problem with the transaction.

Via The Phone:

If neither the app nor website provides a solution, you can try contacting Chime support via phone. Call the customer service number provided on the Chime website or on the back of your Chime card and follow the automated prompts to speak with a representative. Provide the necessary information concerning the transaction and ask for assistance with cancellation or dispute.

How Long Does Chime Take To Refund A Canceled Transaction?

Refunds for canceled Chime transactions depend on the type of transaction and the stage it is in when cancellation occurs – whether the transaction is pending, completed, or part of a credit builder purchase.

Various factors influence the time it takes for a refund to reach the account holder's balance.

Are There Any Fees For Canceling A Pending Transaction?

No. You will not incur fees for canceling a pending transaction in Chime. You will receive the exact amount you paid during the purchase on your account once your cancellation request has been processed.

How Long Are Transactions Pending On Chime?

When a transaction is pending, it is waiting for the merchant to complete the processing. Pending transactions can last up to 7 days; however, the amount of time depends on the merchant and the transactions involved.

If a pending transaction is canceled, it can take up to 7 days for the amount to be returned to your available balance. Checking the Chime app will allow you to view any pending transactions and track their progress.

Can You Get A Refund On Chime Once The Transaction Went Through?

If a transaction has been completed, the process of getting a refund might take longer.

Refunds for completed transactions typically take up to five business days but can take up to 14 days in some cases. Once the merchant issues the refund, you can check the status in the Chime mobile app.

In the case of a credit builder transaction, the refund process might differ, and it is recommended to check with Chime to learn more about the specific process applicable to your transaction type.

Keep in mind that the speed of the refund might also be influenced by the company issuing the refund. Some refunds may be processed in just a few hours, while others might take a few days. To ensure a smooth refund process, timely communication with the merchant and keeping an eye on your Chime app are crucial.

How To Dispute A Charge On Chime

Disputing a charge on your Chime card can be done through the Chime Mobile app. Follow these simple steps to address errors on transactions:

  1. Log in to your Chime account using the mobile app.
  2. On the home screen, tap “View Transactions” and locate the charge you want to dispute.
  3. Select the problematic transaction and tap “Problem with this transaction?”.
  4. Provide the required information as prompted by the app.

Alternatively, disputing a transaction can be initiated by contacting Chime customer support via phone.

Once you have submitted your dispute request, Chime will investigate the issue and work towards a resolution. Keep in mind that the resolution process can take some time, depending on the nature of the dispute and the cooperation of the involved parties.

If you resolve the matter with the merchant before Chime finalizes the dispute, you can cancel your dispute through the following steps:

  1. Login to your Chime mobile app.
  2. On the home screen, tap “Disputes”.
  3. Select the claim you want to cancel.
  4. Tap the three dots in the upper right-hand corner.
  5. Choose “Request to remove transactions” to cancel your dispute.

Refunds and Merchant Involvement

When processing a refund on a Chime transaction, the merchant plays a crucial role in the process. Refunds are typically initiated by the merchant after the customer has communicated their concerns and provided reasons for requesting a refund.

In most cases, the merchant will evaluate the situation and decide whether the refund request is valid.

Once the merchant approves the refund, they will begin the process of returning the funds to the customer's Chime account. It is important to note that refund processing times can vary depending on the merchant's policies and systems.

In some instances, a customer may wish to cancel a subscription or membership service related to the refunded transaction. It is advised to include the following statement when requesting a refund from the merchant: “I would also like to cancel any future services or purchases related to this transaction.”

This helps to ensure that the customer is not billed for any additional charges associated with the service.

If a customer has concerns about a transaction or believes an error has occurred, they have the option to dispute the charge through the Chime app or by contacting Chime customer support. The dispute process involves providing necessary information, such as the transaction details and the reason for the dispute.

It is essential to understand that when a merchant cancels a pending transaction on a Chime Visa® Debit Card or Chime Secured Credit Builder Visa® Credit Card, the authorization gets reversed.

As a result, the dollar amount should become available in the customer's account within seven business days.

Chime Fees and Transaction Adjustments

Chime is a financial technology company that offers banking services and a debit card through partner banks, The Bancorp Bank, N.A. or Stride Bank, N.A. One of the primary goals of Chime is to provide user-friendly banking services with minimal fees. As a result, Chime charges very few fees that allow customers to experience convenient and cost-effective banking.

Chime does not charge fees for minimum balances, monthly maintenance, or overdrafts. The only fee Chime currently charges is a $2.50 fee for using an ATM outside of their fee-free network. This fee structure contributes to the growing popularity of Chime as an alternative to traditional banks, which are known for their numerous fees.

When it comes to Automated Clearing House (ACH) transactions, Chime ensures that these transactions are processed without any additional fees. ACH transactions include direct deposits and electronic funds transfers between accounts. Chime users can enjoy the benefits of seamless ACH transactions without worrying about any hidden fees.

Regarding international transactions, it is essential to check Chime's Account Agreement for any fees they may charge when using their services abroad. Always consider exchange rates and any foreign transaction fees that may be applicable when accessing your Chime account internationally.

In summary, Chime focuses on providing user-friendly banking services by minimizing fees and ensuring convenient transactions for their customers. By offering an alternative to traditional banks with their fee structures, Chime has become a popular choice among those looking for a more cost-effective banking solution.

Troubleshooting Common Issues in Chime Transactions

Occasionally, issues may arise with Chime transactions that could affect the user experience. Understanding how to troubleshoot these common problems can help users avoid delays and potential losses. This section covers some of these issues and their possible solutions.

Debit Card Declines: If a user experiences a declined transaction with their debit card, it could be due to a discrepancy between their billing address and the address associated with their Chime account. To resolve this issue, users should update their address in the Chime app by tapping the gear icon, selecting “Edit” next to “Personal Info”, and entering the correct information.

Returned Transactions: Sometimes, financial institutions may return transactions for various reasons. Users should ensure that the recipient's information is correct and that the transaction does not violate Chime's policies or federal regulations. Additionally, users should confirm that they have sufficient funds in their account to cover the intended transaction.

Error Messages: When users encounter error messages during transactions, they should first try logging out of the Chime app and logging back in. If the issue persists, users may need to verify their account details in the app or contact Chime customer service for assistance.

Banking Service Interruptions: While Chime strives to provide seamless banking services, unexpected interruptions or maintenance may occur. If users suspect that banking services are down, they should try to perform the transaction at a later time or contact customer support for updates.

Expired Debit Cards: An expired debit card can cause transactions to be rejected. Users should check the expiration date on their card and request a replacement if needed. To avoid further transaction issues, users are advised to activate their new card as soon as it arrives.

Transaction Delays: Transactions may take several days to process depending on various factors, such as the type of transaction or the involved financial institutions. Users should remain patient and monitor their account for any updates.

Contacting Chime Support and Providing Documentation

If you need to cancel a Chime transaction, it's important to promptly contact Chime Support to resolve the issue. You can reach out to Chime Member Services by calling +1 (844) 244-6363 at any time, as they are available 24/7 to assist you.

Another method to contact Chime Support is through their mobile app, where you can chat with an agent. You can also send an email to support@chime.com and attach any necessary documentation. When contacting Chime Support, make sure to provide all relevant information about the transaction, including the amount, date, and any other pertinent details.

Chime may request additional documentation to validate the cancellation request, so be prepared to provide them with any necessary paperwork, such as receipts or invoices from merchants involved in the transaction. If you have received a confirmation email for the transaction, it is crucial to keep it as proof and provide it when requested by Chime Support.

In some cases, Chime Support may also direct you to contact the merchant involved in the transaction directly to cancel or resolve the issue. Ensure that you follow any instructions provided by Chime Support and maintain open communication with them throughout the process.

Article by
Max T.
Max is the founder of Knowledge Eager and has made it his mission to find and review the best online business courses. He has taken more than 20 online courses and runs a small portfolio of content websites.