10 Chime Alternatives and Best Online Banks Like Chime

Chime has 14.5 million customers and continues to help people nationwide with a new kind of banking. Many customers already use Chime's checking, savings, and credit builder accounts to bank better in the modern age. 

However, Chime isn’t the only company of its kind. Several other alternatives exist, including many digital banks, cash advance apps, and financial institutions. 

If you’re looking for a Chime alternative, you’re not alone. Our list below includes 10 of the best alternatives if Chime doesn’t jive with your financial goals. 

Those looking specifically for credit-building accounts are also in luck. Chime is one of many financial companies that offer this type of bank account, so you can take your pick to find one that best suits your needs. 

Are you ready to learn more about Chime alternatives? Let’s get started!

10 Chime Alternatives 

Some of the best online banks like Chime include the best money-saving apps you can download for online and mobile banking. Which of the alternatives below best addresses your needs? 

1. Axos Bank

Opened in 2000, Axos Bank offers three checking accounts: 

• Essential Checking: This account has no minimum balance requirements or monthly fees. 
• Rewards Checking: Have at least $1,500 in direct deposits to qualify for 3.30% APY on your balance. 
• Cashback Checking: Earn up to 1% cashback on select debit card purchases. 

You can also open a high-yield savings account without committing to monthly fees. However, you must make a $250 initial deposit to open this high-yield savings account. 

Axos doesn’t offer a credit builder account. However, its savings and money market accounts have competitive APYs comparable to online banks like Chime. 

Which Should You Choose?

Choose Chime checking accounts if you want to build your credit with online banking. Select Axos if you want to pick between online checking account options and earn interest on your balance.

2. Brigit

If you need cash now, Brigit Instant Cash can help. This payday-type loan connects with your third-party checking account and enables you to build your credit. 

A Brigit Instant Cash loan has terms from 12 to 24 months. You must have a separate checking account at another bank to access this feature. 

There are no monthly fees or interest payments with Brigit Instant Cash. You can also access the overdraft advance feature if you are short on cash for the month. 

Brigit also offers some of the best credit-builder loans with no interest. Signing up for this type of loan only costs you $9.99 monthly. 

You won’t find deposit accounts listed under Brigit’s services. However, the Instant Cash feature can help you improve your payment history and build your credit if you need a loan to cover bills. 

Which Should You Choose?

Choose Brigit if you need a loan to cover expenses. If you want a more comprehensive set of online banking features, choose Chime's online bank accounts. 

Get up to $250

Brigit

4.0

• Tap to get an advance within seconds
• Get up to $250
• No credit check is required and no interest
• Pay it back without hidden fees or “tips"

Open Account Brigit Review

3. Cash App

Cash App offers a free checking account that allows you to get paid up to two days early. You can also quickly transfer money between friends and family with this account. 

Though Cash App doesn’t offer credit-building accounts, you can invest in stocks and cryptocurrencies like Bitcoin. All you need to start is $1. 

Non-network ATM fees are $2, but Cash App reimburses you up to $7 monthly for these types of fees. You can also get free fractional share options with a CashApp investment account. 

Which Should You Choose?

Chime offers both high-yield savings accounts and credit-building options. Cash App allows you to get paid up to two days early and invest in stocks and cryptocurrency. 

Offers $5 bonus

Cash App

5.0

Use Cash App free money code KPHNBSJ to get an INSTANT cash bonus! Just swap $5 with a friend through the app to qualify.

Cash App is a mobile payment service available in the United States and the United Kingdom that allows users to transfer money to one another using a mobile phone app.

Get Started

4. Dave

As far as payday loan apps go, Dave is one of the most popular. Cash advance apps like Dave make bridging the gap between paychecks easier, so you can pay less in overdraft fees. 

Dave is a fintech company that offers a free Spending account. With this account, there are no minimum balance requirements, but you don’t earn interest on your balance. 

For $1 per month, you can access notifications, budgeting, account monitoring, and linking an external checking account. You can also use Dave to build credit when the app reports your on-time payments to all three credit bureaus. 

Dave is also known for its side hustle feature. With this feature, you can find side hustles in your area to make extra money.

Which Should You Choose?

Dave doesn’t have a credit-building account specifically, but you can report your payments to all three credit bureaus. However, Chime offers more traditional deposit accounts. 

Get up to $500

Dave

4.5

• Meet the banking app on a mission to build products that level the financial playing field
• Get paid up to 2 days early, earn cash back with Dave Rewards, and get up to $500 with ExtraCash™ without paying interest or late fees
• Join millions of members building a better financial future

Open Account Dave Review

5. Digit

Our Digit review includes all the nitty-gritty details about the various accounts you can open with this fintech company. Digit offers to help you invest, budget, spend, and save so you can make better financial decisions. 

When you open a spending account, you’re not limited to depositing or maintaining a minimum balance. However, Digit requires a $9.99 monthly membership fee. 

If you pay for a year upfront, you can save up to 20%. You can also use a 30-day free trial to test Digit’s features. 

While Digit doesn’t offer a credit-building account, you can open an investment account. Digit will either save or invest any income it determines is extra based on your preferences. 

Which Should You Choose?

Digit offers investing options on top of checking and savings accounts. However, many online banks like Chime don’t charge annual or monthly fees or have a minimum balance requirement. 

6. MoneyLion

Apps like MoneyLion make building your credit and managing your funds easy. MoneyLion is a fintech company like Chime that offers similar products with a twist. 

MoneyLion’s RoarMoney account has no minimum account balance requirements or monthly fees. You can also round up your debit card transactions and transfer those funds into your linked investment account. 

A MoneyLion investment account comes with no monthly fees or minimum balance requirements. You can also customize your investments to fit your risk appetite. 

MoneyLion’s CreditBuilder Plus loan helps you build credit for $19.99 monthly. MoneyLion stores your funds in a type of savings account, but you get immediate access to a portion of those funds. 

MoneyLion doesn't offer a savings account option. Learn more about this fintech company in our MoneyLion review. 

Which Should You Choose?

MoneyLion lacks a savings account, but you might pick it over Chime because it allows you to invest. 

MoneyLion

4.5

MoneyLion is a money app that offers a membership program that includes online banking services, cash back rewards, credit-builder loans and more. You can create a MoneyLion account for free, which will give you access to a zero-fee checking account and an investment account.

Open Account MoneyLion Review

7. Self

Self focuses solely on building your credit with two options: a Self Credit Builder account and a Self secured Visa credit card. Both come with monthly fees ranging from $25 to $150. 

With the Self Credit Builder account, you deposit the balance you’d like to use with your secured Visa credit card. A $100 minimum balance is required, and your minimum balance limits how much you can spend. 

Interest rates vary but can be high compared to Chime. Learn more about Self in our Self credit-builder review. 

Which Should You Choose?

Chime and Self offer credit-building accounts, but Chime offers deposit accounts and more traditional banking services. The Chime Credit-Builder account works like a secured credit card, but Self offers an actual secure Visa credit card with a $100 minimum balance.

Self

4.0

A Self Credit Builder Account can help you boost your credit score and your savings with on-time monthly payments. This credit-builder loan does not require credit to qualify and gives you the money you’ve paid at the end of your term.

Open Account Self Review

8. Capital One 360

The Capital One 360 Free Checking account is an interest-bearing account with no monthly fees or minimum balance requirements. It also grants you access to over 70,000 free ATMs nationwide. 

The Capital One 360 Performance Savings account has no monthly fees or minimum balance requirements. It offers a competitive APY compared to Chime. 

Capital One also hosts several Cafe locations throughout the country. Here, you can find tasty coffee and in-person help for all your financial questions. 

Unfortunately, Capital One doesn’t offer a credit-builder account. However, it does provide loan services and other traditional financial products. 

Which Should You Choose?

Chime offers credit-building features but lacks a full suite of banking products. Choose Capital One 360 if you want access to those products and services. 

9. Ally

Ally is one of the best digital banks you can use to do all your banking online and through the mobile app. This digital bank was founded in 2001 and offers checking and savings accounts, CDs, and money market accounts.

Ally’s checking account comes with no monthly fees or minimum balance requirements. However, it is an interest-bearing account that you can link to your Ally savings account. 

Likewise, savings accounts at Ally are free. The interest rates don’t quite compare to Chime, but you can also round up your debit card transactions to contribute to your savings account. 

Ally also offers Booster savings deposits. When the banking software identifies extra money in your checking account, it automatically transfers it to your savings account. 

Though Ally doesn’t offer a credit builder option, you can open a high-yield CD and money market account. Ally also offers free account access through Allpoint ATM locations. 

Which Should You Choose?

If you’re looking for more investment options, choose Ally. However, Chime offers higher yields for savings account balances, a Credit Builder account, and the option to deposit cash. 

10. Varo

Founded in 2015, Varo offers free checking and savings accounts. In-network ATMs are also free. 

There’s no minimum balance needed to open the Varo savings account, which earns you up to 5% interest if you meet the minimum requirements. You must open a Varo checking account before you can open a savings account. 

Varo savings accounts have no monthly fees or minimum balance requirements. You can also automatically save each time you receive a direct deposit or complete a debit card transaction. 

You can open a Varo Believe account if you have at least $1,000 in direct deposits each month. With this account, you can build your credit with on-time payments reported to the credit bureaus. 

Which Should You Choose?

Unlike Chime, Varo is a nationally-chartered bank. Both offer free checking and savings accounts, but Varo requires a higher direct deposit balance than Chime. 

How Does Chime Work? 

Chime is a financial technology company (fintech) offering several deposit accounts, including a Credit Builder account. You can use several cash advance apps that work with Chime to cover overdrafts since Chime doesn’t offer this protection directly. 

Open a Chime checking account without paying any monthly fees or meeting minimum balance requirements. You can also use any MoneyPass or Allpoint ATMs for free. 

When you open a Chime savings account, you can automatically round up your debit card transactions to transfer to your savings account. Chime savings accounts are free, with no minimum balance requirements and competitive annual percentage yield (APY) rates. 

The Credit Builder account works like a secured credit card. Add funds from your checking account and then use the secure credit card attached to your Credit Builder account to pay for purchases. 

You must have monthly direct deposits of $200 or more to qualify for a Credit Builder account. Chime doesn’t require a credit check to build your credit. 

When you make a payment, Chime reports your transactions to Experian, TransUnion, and Equifax. You can build a positive payment history with each on-time payment you make. 

This Credit Builder account comes with no fees, and you don’t pay any interest. It’s a must-have if you’re looking to build your credit for free. 

FAQs

Are there other apps like Chime?

Yes, there are other apps like Chime, including Ally, Axos Bank, Digit, Brigit, and MoneyLion. These accounts offer similar perks to the popular financial technology company, with some exceptions. 

Get up to $250

Brigit

4.0

• Tap to get an advance within seconds
• Get up to $250
• No credit check is required and no interest
• Pay it back without hidden fees or “tips"

Open Account Brigit Review

What alternatives to Chime offer credit-building options?

Self, Varo, Dave, and Brigit offer credit-building options. Some include credit-builder loans, while others provide credit-building features to report your existing payments to all three credit bureaus. 

Self

4.0

A Self Credit Builder Account can help you boost your credit score and your savings with on-time monthly payments. This credit-builder loan does not require credit to qualify and gives you the money you’ve paid at the end of your term.

Open Account Self Review

Which cash advance apps work with Chime? 

The best cash advance apps that work with Chime include Brigit, Dave, MoneyLion, and Albert. Cash advances can help you cover bills between paychecks and may not cost you much in interest with these apps.  

Get up to $500

Dave

4.5

• Meet the banking app on a mission to build products that level the financial playing field
• Get paid up to 2 days early, earn cash back with Dave Rewards, and get up to $500 with ExtraCash™ without paying interest or late fees
• Join millions of members building a better financial future

Open Account Dave Review

How can you use Chime to improve your credit?

You can report your secured credit card payments to all three credit bureaus with the Chime Credit Builder account. Positive payment history with this financial technology company can boost your score and help you demonstrate responsible credit behaviors. 

Take Advantage of These Alternatives 

Opening a Chime account can help you better manage your money. The checking and savings accounts allow you to manage your funds, and the Credit Builder account is an easy way to build a positive payment history. 

We hope this article helps you find the best Chime alternatives that offer you the perks you need. With so many choices, finding one that offers exactly what you want is more manageable. 

While Chime offers the most comprehensive account options, these alternatives can help you in other ways. Regardless of your priorities, account options are available to you. 

Which of the best Chime alternatives will you consider?