Overdraft Chime Card: 7 Questions Answered! (Full 2024 Guide!)

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Chime offers overdraft services via its SpotMe feature. This allows qualified users to overdraw money from their accounts without incurring extra fees.

This guide should answer your questions on how to overdraft on Chime.

How to Overdraft on Chime:

You can access Chime’s overdraft services by using SpotMe. This is an optional feature on Chime that lets users spend more funds than what is available in their account balance. You can overdraw between $20 to $200 depending on your Chime limit. SpotMe is free for eligible Chime users.

To become eligible for SpotMe, a Chime user must meet certain requirements, such as receiving a minimum of $500 in direct deposits per month. Once eligible, the user can enable the SpotMe feature through the Chime app. However, it is important to note that not all transactions are covered by SpotMe. The overdraft feature can be used for debit card transactions, including in-store and online purchases, ATM cash withdrawals, and cashback transactions.

Here is a step-by-step process on how to enable and use the SpotMe feature:

  1. Sign in to the Chime app on your mobile device.
  2. Check your eligibility for SpotMe in the app's Settings. If eligible, you will see the option to enable SpotMe.
  3. Enable SpotMe and set your desired overdraft limit within the allowed range provided by Chime.
  4. Use your Chime debit card for transactions, and when your account balance is insufficient, Chime will cover the overdraft up to your chosen limit without charging any fees.
  5. Repay the overdraft amount with your next deposit, as Chime will apply it to the negative balance.

Keep in mind that the SpotMe feature cannot be used for overdrafts on ACH and Pay Anyone transfers, peer-to-peer transfers using PayPal, Cash App, or Venmo, and mobile check deposits.

Can You Overdraft on Chime without SpotMe?

Chime, a popular online banking platform, provides its users with various features to enhance their banking experience. One such feature is SpotMe, which enables users to overdraft their account without incurring any additional fees. This section focuses on whether it's possible to overdraft on Chime without using the SpotMe service.

Generally speaking, Chime does not permit overdrafting without SpotMe. If your account does not have sufficient funds to complete a transaction, it will likely be declined in the absence of SpotMe. To make use of this feature, Chime debit cardholders must first activate their card and agree to the platform's terms and conditions.

SpotMe allows users to overdraft their account by up to $200 without paying any fees. The exact limit, however, may vary depending on the individual's account history, usage, and other factors. It's important to note that once you receive your subsequent deposits, Chime will automatically apply them to cover any negative balance caused by the overdraft.

Additionally, eligible Chime members can offer “Boosts” to their friends, increasing their SpotMe limit. These increases can be reciprocal, benefiting both parties involved. It's a unique feature that Chime offers to promote community support among its users, fostering a friendlier banking environment.

Understanding SpotMe Feature

SpotMe is an innovative feature offered by Chime that provides users with a flexible overdraft option without incurring fees. This service aims to assist members who may temporarily need extra funds for certain transactions, helping them avoid penalties and maintain financial stability.


To be eligible for the SpotMe feature, users must have an active Chime checking account and be receiving direct deposits. Keep in mind that Chime reserves the right to determine eligibility for this service on an individual basis, depending on account usage and other factors.


With SpotMe, users can overdraw their account by a range of $20 up to $200. The specific limit is determined by Chime and may vary depending on factors such as account usage, transaction history, and direct deposit history. It's important to note that SpotMe is designed for occasional use and is not intended as a long-term solution for managing finances.


While SpotMe offers users the flexibility to overdraw their Chime checking account, it is essential to be aware of certain restrictions. Primarily, SpotMe does not cover all transaction types, and Chime has the discretion to determine which transactions qualify for this service. Additionally, the SpotMe limit is subject to change, and Chime may refuse the service at any time.

Overall, the SpotMe feature is a valuable resource for Chime users who may occasionally need to cover unexpected expenses or bridge a temporary gap in their account balance. This fee-free overdraft service helps members maintain financial stability while minimizing the potential risks associated with traditional overdrafts.

Overdraft Protection and Fees

Chime Bank offers its users a unique overdraft protection feature known as SpotMe, which allows eligible users to overdraw their accounts without incurring the hefty overdraft fees typically charged by traditional banks. In this section, we will take a closer look at Chime's overdraft protection and discuss the fees associated with it.

Overdraft Fee Waivers

Chime does not charge overdraft fees, which sets it apart from many traditional banks. Instead, they offer the SpotMe feature for eligible users, allowing them to overdraw their accounts by up to $20 without facing any penalties. For some users, this limit may be increased up to $200, providing an added layer of financial flexibility.

As a result, Chime Bank customers can rest assured that they will not be burdened with costly overdraft fees, which frequently range from $30 to $35 at other banks. This is a significant advantage for those who occasionally face cash flow issues or unexpected expenses.

Alternative Overdraft Protection Methods

In addition to the SpotMe service, Chime users have other options to protect their accounts from potential overdraft situations. One such method involves linking a savings account to their Chime Spending Account. This allows for automatic transfers whenever the checking account balance falls below zero, covering the deficit and helping the user avoid going into overdraft.

Another option is to enable real-time alerts and notifications that are provided by Chime, to help users monitor their account balance closely and avoid overdrawing their accounts inadvertently. By keeping track of spending and incoming deposits, Chime users can effectively manage their finances without having to rely on traditional overdraft protection methods.

Common Overdraft Questions and Tips

When dealing with overdrafts on Chime cards, there are several common questions and concerns that arise. This section will cover Overdraft Eligibility and Tips as well as Opting Out and handling Insufficient Funds.

Overdraft Eligibility and Tips

Chime offers a feature called SpotMe, which provides eligible users with a buffer to avoid overdraft fees. The limit can vary, and users must be deemed eligible depending on factors such as their account history and direct deposit frequency. The limit can increase over time through boosts, which can be earned through maintaining a good financial standing with Chime.

Here are some tips to manage overdraft eligibility:

  • Regularly monitor your account balance to avoid going into a negative balance.
  • Set up direct deposit to increase your eligibility for SpotMe services.
  • Request boosts to your SpotMe limit when available.

Opting Out and Insufficient Funds

If you want to avoid overdraft fees completely, you can opt out of Chime's automatic overdraft services. This means that if you don't have sufficient funds to cover a transaction, it will be declined. Opting out can prevent overdraft fees from accumulating and help you maintain a more accurate view of your available funds.

In case of insufficient funds, Chime generally does not allow transactions to go through, thus protecting users from unintentional overdrafts. However, other types of transactions, such as bill payments and ATM withdrawals, may still result in overdrafts if not managed properly. Make sure to take the following steps if you have insufficient funds:

  • Monitor your account balance closely and anticipate upcoming transactions.
  • If you expect a paycheck, ensure it will arrive on time to avoid triggering overdrafts.
  • Consider transferring or depositing additional funds to cover any near-term transactions that might create a negative balance.

Understanding Chime's overdraft features, offerings, and protocols will help users make informed decisions about managing their accounts and avoiding unwanted fees. Be proactive in monitoring your account, and embrace tools like SpotMe to maximize financial flexibility and stability.

Can You Overdraft Your Chime Credit Builder Card?

Overdrafting on a Chime Credit Builder Card is a common concern that users may have. However, it is essential to note that the Chime Credit Builder Card operates differently from other cards, and overdraft services are currently not provided with this feature.

The Credit Builder Card works by allowing users to transfer a specific amount from their checking account to the Credit Builder Card each time they get paid. This means the card functions as a regular credit card, but with no annual fees and no interest charged. As a result, users cannot spend more on their Chime Credit Builder Card than what they have in their secured account.

While the Chime Credit Builder Card itself does not have overdraft services, Chime does provide a separate feature called SpotMe. SpotMe lets eligible users overdraft their Chime Visa® Debit Card up to $200 on transactions, without fees. However, it is crucial to remember the conditions that must be met to qualify for SpotMe, and that this service relates to the Chime Visa® Debit Card, not the Credit Builder Card.

How to Borrow $100 with Chime

Chime offers a feature called SpotMe, which enables eligible members to overdraft their account without incurring any overdraft fees. Borrowing $100 through Chime is as simple as using SpotMe to make debit card purchases or withdraw cash within the allowed limit.

To begin, you must first enable SpotMe on your Chime account. Keep in mind that eligibility depends on direct deposit history, account usage, and other factors determined by Chime. Once you've activated SpotMe, Chime will notify you of your personal limit, which can range from $20 to $200.

  • Debit Card Purchases: To borrow $100 when making purchases with your Chime debit card, simply pay for items as you normally would. Chime will cover the transaction up to your designated SpotMe limit. You don't have to worry about any overdraft fees while using this feature.
  • Cash Withdrawals: If you need to borrow $100 in cash, visit an ATM that accepts Chime cards. Insert your card, enter your PIN, and select “Cash Withdrawal.” Choose the cash amount you need, and the ATM will dispense it. Chime will automatically transfer the borrowed funds into your account.

When you receive your next direct deposit, Chime will apply it towards your negative balance to repay your borrowed amount. Keep in mind that Chime doesn't charge any fees for using SpotMe, so you can focus on repaying the borrowed funds without the stress of additional charges.

How to Borrow $200 Borrow Chime:

Chime offers a unique service called SpotMe, which allows its users to borrow up to $200 in the form of a fee-free overdraft. To take advantage of this feature, there are certain requirements and steps to follow:

First, you need to be eligible for SpotMe. To qualify, you must have a Chime Spending Account and set up direct deposits. Gradually, you may see an increase in your SpotMe limit based on your account activity and history.

Once you're set up with SpotMe, you can borrow money by making a purchase with your Chime debit card or withdrawing cash from an ATM. Keep in mind that the maximum you can borrow or withdraw is determined by your SpotMe limit, which may increase over time, up to the maximum amount of $200.

Here are some key points about using SpotMe to borrow $200:

  • No overdraft fees
  • Debit card purchases and ATM withdrawals are covered
  • Not available for Pay Anyone transfers, ChimeCheckbook, and ACH transfers

With these guidelines, you can effectively utilize Chime's SpotMe feature to borrow $200 when needed, without the stress of paying overdraft fees.

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.