We all know about Chime— the popular online banking platform that offers convenient online banking services. But unlike traditional banks, Chime doesn't have a single routing number assigned to all its accounts. This can be confusing, especially when setting up direct deposits or making ACH transfers.
This post will guide you through finding your Chime routing number depending on the partner bank that offers financial services to your account.
Understanding Chime's Partner Banks
As mentioned earlier, Chime doesn't offer a general routing number which any Chime user can use for their banking needs. Instead, it partners with established banks to provide its core banking services. These partner banks are:
Depending on which partner bank services your Chime account, your routing number will vary.
You'll typically find either of the following banking partners powering your account with their routing numbers as follows:
- The Bancorp Bank, N.A. : 031101279
- Stride Bank, N.A. : 103100195
How to Find Your Unique Chime Routing Number
Whether you're using the Chime mobile app or the Chime website, there's a simple way to locate your Chime routing number.
To do so:
- Log in to your Chime Account via the Chime mobile app or at chime.com.
- Go to the "Move Money" section of your Chime Account and select "Direct Deposit."
- The name of the bank that provides banking services for your Chime Checking Account, along with the Routing Number and Checking Account Number will be visible on the Direct Deposit screen.
Since Chime uses partner banks, the routing number might differ slightly from the standard bank routing number format. It'll still be a nine-digit code, but the placement within the check layout might vary.
When Can You Use Your Chime Routing Number?
Once you've identified your routing number, you can use it for:
- Direct Deposit: Chime is known for its quick direct deposit processing, which is why many consumers prefer it over traditional banks. If you want your salary or other payments deposited directly into your Chime account, you'll need to provide the routing number along with your account number.
- Transferring Funds: The receiving bank will require your routing number to transfer money from another bank account to your Chime account.
- Bill Pay Services: If you plan to set up automatic bill payments through a service, you'll likely need to enter your Chime routing number.
Your Final Take
While Chime doesn't have a single universal routing number, finding your unique routing number is a straightforward process. All you need to do is log in to your account and go through a few steps and you're done. But keep in mind that routing numbers are usually unique for each account. So a friend's routing number might not be the same as yours.
Once you locate your Chime routing number, you can head on and use it for your different transactions that require it.