Chime Credit Builder Card

Sign-Up for Chime HERE: [ Ссылка ]
Apply For the Chime Credit Builder HERE: [ Ссылка ]

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💰 Chime Fully Online Banking
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So first of all what the heck is this Chime credit builder card because typically in order to build credit you have to take on debt of some kind. Maybe you take out a mortgage and you pay it back or you take out a student loan and you pay it back or maybe you have a credit card which even if you pay it off at the end of every single month as you should its still technically a form of short-term debt. So how in the world is this card going to allow you to build credit without ever really taking on debt. Well, we'll get into the details on how it works but essentially this is a secured credit card. With that being said, the chime credit builder card may be a secured credit card but it is not going to work in the same way as other secured credit cards like the Discover it secured card and there's a lot of really great features that this card is built upon that, in my opinion, make it one of the best ways to start building your credit if you have absolutely no credit history.

So the way that this works is you're actually going to move a set amount of money from your Chime spending account which is the standard bank account into your credit-builder account. Then you can go out and you can freely spend that money, and at the end of the month the money that you set aside is going to be used to pay off your credit card balance and then the best part and really the whole reason that this works, Chime is going to report those on-time payments to the three major credit bureaus who are the ones who keep track of your credit score and credit history.

Alright, that sounds cool but what's the catch. Well, there's really nothing. This card has no annual fee and you don't have to pay anything to get it, there is no interest rate or ridiculous charges or anything like that not to mention the fact that it literally will not allow you to go into debt since you have to set that money aside before you can spend it, and there's currently no minimum security deposit that is required. So perhaps you love this idea too and you're ready to start building up your credit for free without any debt so how do you go about applying for this. Well first of all you will need to have a chime spending account because remember you're going to use the funds in that account to transfer money onto this credit builder card to ensure that you always have money to pay it off.

So overall I absolutely love the way that this Chime credit builder card is set up and the fact that it literally has no fees, and no interest rate really does give you a good feeling that chime is honestly just trying to give you a quality product that allows you to build up your credit score and subsequently achieve your financial goals. I'd love to know what you think of this chime credit builder card down in the comment section below.

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