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Can I deposit cash onto my Chime credit builder card using cryptocurrency?

avatarDhariniDec 16, 2021 · 3 years ago3 answers

Is it possible to deposit physical cash onto my Chime credit builder card using cryptocurrency? I am interested in using my cryptocurrency holdings to fund my Chime credit builder card, but I'm not sure if this is a supported option. Can I convert my cryptocurrency into cash and deposit it onto my Chime credit builder card?

Can I deposit cash onto my Chime credit builder card using cryptocurrency?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, it is not currently possible to directly deposit physical cash onto your Chime credit builder card using cryptocurrency. Chime credit builder cards are typically funded through traditional means, such as direct deposit or bank transfers. However, you may be able to convert your cryptocurrency into cash through a cryptocurrency exchange and then deposit the cash into your bank account. From there, you can transfer the funds to your Chime credit builder card.
  • avatarDec 16, 2021 · 3 years ago
    No, you cannot deposit cash onto your Chime credit builder card using cryptocurrency. Chime credit builder cards are designed to be funded through traditional banking methods. If you have cryptocurrency, you would need to convert it into cash through a cryptocurrency exchange and then deposit the cash into your bank account. Once the cash is in your bank account, you can use it to fund your Chime credit builder card.
  • avatarDec 16, 2021 · 3 years ago
    While it is not possible to directly deposit cash onto your Chime credit builder card using cryptocurrency, you can still use your cryptocurrency holdings to fund your card indirectly. One option is to convert your cryptocurrency into cash through a cryptocurrency exchange and then deposit the cash into your bank account. Once the cash is in your bank account, you can transfer it to your Chime credit builder card. Alternatively, you can use your cryptocurrency to make purchases and then use the money you save from those purchases to fund your Chime credit builder card.