Unlike a traditional secured card that holds your security deposit essentially hostage until you close that account, you can use your Chime deposit to pay your balance at the end of each billing cycle. But you’ll have to open a Chime spending account before you can open your Chime Credit Builder Card.*
It won’t ding you with fees or annual interest charges and there’s no minimum security deposit, making it one of the most affordable options in its class.
If you can only get a secured credit card based on your credit history, the Chime Credit Builder Visa Secured Card may seem like music to your ears.
