There are plenty of pros and cons to weigh - especially against similar cards. You’ll also need to open a Chime checking account and make a qualifying direct deposit in the account to use this card. However, the Credit Builder lacks perks that come with traditional credit cards, like earning rewards.
You’ll then replenish your deposit to begin using this card again. Like other secured cards, Chime lets you access your security deposit and use it to pay down your balance - a feature that can prevent you from ever missing a payment.
The Chime Credit Builder Secured Visa® Credit Card is a secured credit card that can help you build your credit for the first time or help you repair your credit.
