Why Did Chime Deny Me? How To Fix It? Credit Check?

Online banking is more popular than ever before. Roughly  of the American population has an online-only bank account or intends to open one.

With , Chime is one of the most popular online-only financial companies. Chime partners with other banks and offers both checking and savings accounts. It’s not your typical neighborhood bank, but the accounts are . Therefore, you can rest assured your money is safe and insured for up to $250,000 when using a Chime account.

Chime never charges monthly, annual, or overdraft fees. There isn’t a minimum balance requirement, and you can round up all purchases to the nearest dollar and invest those pennies in your savings account if you’d like. It’s an A simple approach to begin saving $10,000 every year.

One of the best aspects of Chime is how simple it is to create a new account. All you have to do now is double-check some minor personal details, and you’re ready to go! Chime simplifies mobile banking for its customers.

Regrettably, you may be denied a bank account in a few circumstances. This can occur for a variety of reasons.

Why would Chime refuse to let me in?

Short Answer: While applying for a Chime bank account, you may be refused. It’s more than likely that it’s due to a typo on your application. You may have typed your SSN or other personal information incorrectly, for example. You could also have an existing Chime account, be a minor, not be a US citizen, or have a third-party verification failure.

Continue reading to find out why Chime could have denied you and how to solve it.

What Are the Reasons Chime Denied Me?

Although it’s not common for Chime to deny you, it’s possible to get rejected. There are several different reasons why this may happen. First, it can be confusing, especially if you have a high-paying job and good credit.

Hence, here are six of the most common reasons Chime might have rejected your application.

1. Incorrect or Fake Social Security Number

One of the most typical reasons Chime may reject your application is that your Social Security Number was submitted improperly. As a result, you won’t be able to continue with the application because it’s a crucial piece of information they need to report to the IRS.

You will be unable to create an account on Chime if you attempt to generate a Social Security Number through a third-party website. Similar websites can be said in the same way.

If you are detected using a fraudulent SSN, Chime may terminate your account. SSNs that have been generated or that have been falsified will not work, and it is against the law.

2. Incorrect Personal Information

To create a Chime account, you will be prompted to submit extra personal information in addition to your SSN. Personal information such as your complete name, mailing address, phone number, and so on will be required.

This information must be entered carefully. Check any mistakes once you’ve entered your personal information in the Chime new account application. It’s not uncommon to make a typing error, which could explain why Chime rejected your application.

Always refer to yourself by your legal name. Make no use of nicknames. It’s possible that Chime will reject your application because of a disagreement or mismatch in your data.

3. Already Have a Chime Account

Your Chime account is linked to your Social Security number. If Chime discovers another account with your personal information or SSN already existing in their system, your application will be denied immediately.

You cannot have two accounts with the same name on Chime.

4. Third Party Verification Failure

Chime verifies personal information on your app using a third-party source. Your application will be rejected if the verification process fails.

Although verification failure does occur from time to time, Chime notes that it does not always represent your overall eligibility.

Other documents, such as your driver’s license, passport, military ID, or other government-issued documentation, can be used to authenticate your identity with Chime.

5. Applicant Is Under-Age

You must be at least 18 years old to apply for a Chime bank account.

Chime will reject your application if you do not provide proof of age. You will be unable to register an account as a result.

It’s not only a Chime requirement to have a bank account in the United States.

6: Applicant Isn’t a USA Citizen

In addition to being 18 years old, the candidate must be a United States resident and citizen. If you do not provide proof of residency, your application will be refused.

How to Get Approved for a Chime Account?

If you wish to increase your chances of being authorized for a Chime account, you must match the following criteria:

  • No minors unless they are 18 years old or older.
  • US Citizen
  • Close any other Chime accounts You are not allowed to have more than one Chime account with the same name.
  • If you have any questions, please contact Chime’s email support team before applying.
  • Phone Help If you have any questions, call the Chime customer service number.
  • Request a written rejection notice from Chime to learn why your new account was denied.
  • Axos Bank, Ally Bank, and Capital One 360 are all Chime alternatives.

Requesting a Rejection Notice letter will inform you of why your application was refused as well as how to correct the problem. It also ensures that your applications for a checking or savings account at your local bank or credit union are not turned down.

See our guide on Chime’s interaction with Zelle.

Does Chime Run a Credit Check?

No, Chime does not conduct a credit check on new account applicants at this time. Furthermore, Chime does not file reports with any of the major credit bureaus.

So, your past credit history doesn’t deny your Chime application if you didn’t remit your AT&T Uverse bill, , or ADT bill. But, on the other hand, it doesn’t help you build credit when buying a car or renting a car.

Does Chime Use ChexSystems?

No, Chime doesn’t use ChexSystems to see your history with other banks. Chime is a few online-only banks that don’t use ChexSystems and Credit checks are not required.. Your account is approved based on the current information provided, not your past financial mistakes. ChexSystems can keep negative banking records in the system for up to five years.

Most clients that apply for an account with Chime are accepted. Hence, even if you’ve been banned by ChexSystems, a credit bureau, or have a low credit score, you can still open a new account.

Does Chime Approve Everyone?

Although it is relatively difficult to apply for a Chime account, not everyone will be accepted.

The most common causes of denial are frequently simple to resolve. For example, your personal information was input improperly, you have a duplicate checking account open, or your social security number was written wrongly. They will, however, reject your account if you are not a US citizen or a minor under the age of 18, which you cannot change.

If Chime denies your checking or savings account application, contact customer service or request a rejection notice to explain why you were rejected. It offers 24-hour bank customer service seven days a week.

Alternatively, you can try opening a new saving or personal checking account at another online bank.

How Do I Get a New Chime Credit Builder Card?

The allows you to spend money like a regular debit card while building your credit simultaneously.

To qualify for a Chime Credit Builder An EMV chip is embedded in the card., you must have received a qualifying direct deposit of at least $200 within the last year. That’s it! For example, deposit your paycheck, tax refund, or After financial aid, you will receive a refund check from your online school.

Simply go to the Chime App’s Settings and select Trial Credit Builder under the Credit Builder Card section.

You can use your card at over 60,000 surcharge-free ATMs like 711, Duane Reade, Speedway, Walgreens, Family Dollar, CVS, and Walmart. There are There are no fees to withdraw $10. or $An ATM gave me $100.. Chime has a $500 withdrawal limit per day.

See our article on Check cashing apps that don’t rely on Ingo.

Why Did Chime Deny Me Summary

You should now understand why you can be rejected at Chime and how to resolve the issue. It is concerned about the security and privacy of your personal information, and as a result, it does not share or sell your information with ChexSystems.

See our guide on the Limits on direct deposits chime.

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