Revolut is also a financial app, (not a bank - Revolut is a financial technology company. That makes it the perfect choice if you have either no credit or poor credit. And speaking of credit scores, Chime does not do a credit check when you open an account. Inc., can help build you credit score and may be used everywhere Visa credit cards are accepted. The Chime app also provides overdraft protection, and the Chime Credit Builder Visa® Card issued by Stride Bank, N.A., Member FDIC, pursuant to a license from Visa U.S.A.
Cash withdrawal and third-party fees may apply to Chime Checking Accounts. A Chime Checking Account is required to be eligible for a Savings Account, and there’s no fee for the Chime Savings Account. or Stride Bank, N.A., Members FDIC) that provides checking and high-interest savings to U.S.-based consumers. Financial apps also provide many different services not available with traditional banks.Ĭhime is a financial technology company (not a bank - banking services provided by The Bancorp Bank, N.A. Financial apps are becoming popular precisely because they eliminate the need for traditional banks and the fees they charge.
Two of the most popular apps in the fast-growing banking app universe are Chime® and Revolut.
