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Can you use cryptocurrency to add money to your Chime Credit Builder card?

avatarOm TangerDec 16, 2021 · 3 years ago3 answers

Is it possible to add funds to your Chime Credit Builder card using cryptocurrency? How does the process work?

Can you use cryptocurrency to add money to your Chime Credit Builder card?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, at the moment, Chime does not support adding funds to your Credit Builder card directly with cryptocurrency. The Chime Credit Builder card is designed to help you build credit by using your own money, so it does not offer the option to add funds from external sources like cryptocurrency. However, you can still use your Credit Builder card to make purchases and build credit while managing your cryptocurrency separately.
  • avatarDec 16, 2021 · 3 years ago
    Nope, you can't use cryptocurrency to add money to your Chime Credit Builder card. Chime only allows you to add funds from your linked bank account or through direct deposit. So, if you're looking to use your cryptocurrency for everyday expenses, you'll have to convert it to cash first and then deposit it into your bank account before you can add it to your Chime Credit Builder card.
  • avatarDec 16, 2021 · 3 years ago
    As of now, Chime does not have a direct integration with cryptocurrency for adding funds to your Credit Builder card. However, if you have a BYDFi account, you can transfer your cryptocurrency to your BYDFi account, convert it to cash, and then transfer the funds to your Chime bank account. Once the funds are in your Chime bank account, you can use them to add money to your Chime Credit Builder card. Keep in mind that this process involves multiple steps and may incur fees, so it's important to consider the costs and convenience before proceeding.