Does Chime charge a monthly fee?

No. Chime has no monthly fees, no minimum balance, no overdraft fees, and no foreign transaction fees. Chime Credit Builder and SpotMe are also free. If you're being charged by Chime, it's likely a merchant charge going through your Chime card, not a Chime fee.

What happens when I close my Chime account?

Your Chime debit card and Credit Builder card are immediately deactivated. Any remaining balance will be mailed as a check within 7-10 business days. Direct deposits will be returned to the sender. Make sure to update your direct deposit with your employer and move any automatic payments to another account before closing.

How to Cancel Chime in 2026

Updated March 3, 2026 • 4 min read

💡 Chime Is Actually Free

Chime has no monthly fees. No minimum balance. No overdraft fees. If you're looking to "cancel your Chime subscription," there's nothing to cancel — it's free. What you probably want is to close your Chime account entirely.

Before You Close Your Account

Transfer your balance to another bank account
Update direct deposit with your employer — switch to your new bank
Move automatic payments (bills, subscriptions) to another card
Pay off Credit Builder balance if you have one
Use SpotMe advances — any outstanding SpotMe balance must be repaid

How to Close Your Chime Account

Open the Chime app
Tap Settings (gear icon)
Scroll down to Close Account
Follow the prompts to confirm

Or call 1-844-244-6363 or email support@chime.com.

Close Credit Builder Only (Keep Checking)

If you just want to close the Credit Builder card but keep your Chime checking account:

Open Chime app → Credit Builder
Tap Settings
Tap Close Credit Builder Account
Any remaining balance moves to your Chime checking account

What Happens After Closing

Debit card and Credit Builder card are immediately deactivated
Remaining balance is mailed as a check (7-10 business days)
Direct deposits will be returned to sender
Credit Builder payments are reported to credit bureaus for up to 10 years (good for your credit history)

Free Banking Alternatives

SoFi Checking: Free, 4.00% APY on savings, up to $2M FDIC insured
Discover Checking: Free, no fees, cashback debit card
Ally Bank: Free checking, excellent savings rates, great app
Capital One 360: Free, no minimum, 70,000+ fee-free ATMs
Varo: Free, early direct deposit, credit building

What IS charging your Chime account?

If you see unexpected charges on your Chime card, upload your statement to JustCancel — we'll identify every subscription charging your account.