Chime Fee Calculator
Calculate Chime Pay Anyone fees: 100% FREE for sending and receiving money, even to non-Chime users. 1.75% fee for instant withdrawals to your bank. Full banking + fee-free P2P transfers.
Chime Fee Calculator
Calculate Chime Pay Anyone transfers - always 100% FREE with zero fees
Chime Fee Structure:
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Chime is a mobile banking app launched in 2013, now serving over 14 million users with completely fee-free banking and P2P transfers. Unlike traditional banks, Chime has no monthly fees, no overdraft fees, and no minimum balance requirements. The killer feature for P2P payments: Chime Pay Anyone is 100% FREE to send and receive money. No fees to send, no fees to receive - and the recipient doesn't even need a Chime account.
The game-changer: Chime Pay Anyone works even if the recipient doesn't have a Chime account. When you send $100 to a friend, they get an email or text with a link to claim the money. They enter their debit card info, and the $100 lands in their bank account within minutes - completely free for both sender and receiver. No app download, no account signup. However, if YOU want to withdraw YOUR money from Chime to your personal bank instantly, Chime charges 1.75% (just like Venmo and Cash App). Standard bank transfers take 1-3 days but are free.
Our Chime fees calculator shows that sending money with Pay Anyone is always FREE. Send $10, pay $0. Send $1,000, pay $0. The recipient gets it instantly without fees. The real Chime advantage isn't avoiding instant transfer fees (Chime charges 1.75% like everyone else) - it's that recipients don't need a Chime account, making it more flexible than Venmo or Cash App where both parties must have accounts.
How Chime Pay Anyone Works (Spoiler: It's Always FREE)
Chime Pay Anyone is refreshingly simple. Open the Chime app, tap "Move Money," select "Pay Anyone," enter the amount and recipient's phone or email. Hit send. Done. If they're a Chime member, the money arrives instantly in their account. If they're not, they get a text or email with a secure link to claim the funds by entering their debit card—money hits their bank within minutes. No fees, no app download required, no account signup.
Chime Pay Anyone Fee Breakdown:
- ✅ Sending money (any amount): 100% FREE
- ✅ Receiving money: 100% FREE (even without Chime account)
- ⚠️ Instant withdrawal to YOUR bank: 1.75% fee (same as Venmo/Cash App)
- ✅ Standard withdrawal (1-3 days): FREE
- ✅ Monthly fees: $0
- ✅ Out-of-network ATM: $2.50 per withdrawal
Send Money Example: Send $500 to a friend → Fee: $0. They receive $500 instantly (even without Chime).
Withdraw Money Example: Withdraw $500 from Chime to your bank instantly → Fee: $8.75 (1.75%). Standard transfer = FREE but takes 1-3 days.
Chime vs Venmo vs Cash App vs Zelle (Fee Comparison)
| Feature | Chime | Venmo | Cash App | Zelle |
|---|---|---|---|---|
| Send Money Fee | FREE | FREE | FREE | FREE |
| Instant Cash-Out | 1.75% (max $25) | 1.75% (max $25) | 1.75% (max $25) | Instant & FREE |
| Recipient Needs Account? | NO ✅ | YES | YES | YES (bank) |
| Daily Limit | $2,000 | $299.99 - $4,999.99 | $1,000 | Varies by bank |
| Platform | iPhone & Android | iPhone & Android | iPhone & Android | Bank app required |
| Best For | Non-members receiving $ | Social payments | Investing + P2P | Bank-to-bank |
Chime charges 1.75% for instant withdrawals, same as Venmo/Cash App. The real advantage: recipients don't need a Chime account to receive money - they just need a debit card. Sending money is always FREE.
Chime Pay Anyone: Pros & Cons
Advantages
- ✓ 100% FREE sending: Send money with Pay Anyone for $0
- ✓ Works for non-members: Recipients don't need Chime account (BIG advantage)
- ✓ FREE standard withdrawals: 1-3 days to your bank, no fee
- ✓ Instant delivery: Funds arrive within minutes
- ✓ Full banking app: Checking, savings, credit builder included
- ✓ Early direct deposit: Get paychecks up to 2 days early
✗Disadvantages
- ✗ Less popular: Smaller user base than Venmo/Cash App
- ✗ $2,000 daily limit: Lower than some competitors
- ✗ Requires Chime account: Sender must be a Chime member
- ✗ No social features: No feed, no splitting bills in-app
- ✗ US only: Can't send internationally
Real-World Cost Savings with Chime Pay Anyone
✅ Perfect Use Cases
- • Split rent: Send $1,200 to roommate who doesn't have Chime = FREE
- • Pay freelancer: Send $500 to non-Chime user = FREE (they receive instantly)
- • Emergency loan to friend: Send $300 urgently = FREE, arrives in minutes
- • Pay parents back: Send $150 for concert tickets = FREE
- • Send gift money: Send $100 birthday gift to non-Chime user = FREE
⚠️ Instant Withdrawal Fees (Same as Competitors)
If you need to withdraw YOUR money from Chime to your bank instantly:
- • Chime instant withdrawal: 1.75% fee (minimum $0.25, maximum $25)
- • Venmo instant transfer: 1.75% fee (minimum $0.25, maximum $25)
- • Cash App instant deposit: 1.75% fee (minimum $0.25, maximum $25)
- • Chime advantage: Standard transfers (1-3 days) are FREE, just like competitors
Frequently Asked Questions
Is Chime Pay Anyone free?
Yes, sending money with Chime Pay Anyone is 100% FREE. You pay $0 to send, and recipients pay $0 to receive - even without a Chime account. However, if YOU want to withdraw YOUR money from Chime to your bank instantly, Chime charges 1.75% (same as Venmo and Cash App). Standard transfers take 1-3 days but are free.
Can I send money to someone without a Chime account?
Yes! Chime Pay Anyone works for anyone with a debit card, even if they don't have a Chime account. Recipients receive an email or text to claim the funds, then enter their debit card to receive the money instantly for free. This is a huge advantage over Venmo and Cash App, which require both parties to have accounts.
What is Chime's daily transfer limit?
Chime Pay Anyone has a daily transfer limit of $2,000 per day. There's no limit on the number of transactions. Your specific limits are displayed in the Chime app under Settings. This limit is higher than Cash App ($1,000) but lower than Venmo's maximum ($4,999.99 for verified users).
How long does Chime Pay Anyone take?
Chime Pay Anyone transfers are instant for Chime members. For non-Chime users, recipients claim funds via email/text and get money deposited to their debit card within minutes, all for free with no instant cash-out fees. Standard bank transfers from Venmo/Cash App take 1-3 days unless you pay the 1.75% instant fee.