Yes, our Credit Builder card can be used to rent a hotel or car! Keep in mind that some rental companies preauthorize a larger payment than necessary in case other charges come up. This can take up to 30 days to be released.
However here too, Chime Credit Builder does not work like a normal credit card. It works like a secured credit card where you cannot exceed the funds you hold in your secured account, which is why you may face issues when renting a car using Chime Credit Card.
Chime offers the Chime Credit Builder Visa® Credit Card, a secured credit card issued by Stride Bank. It works differently from other secured cards because you can adjust your credit limit by adding more money to your card, much like a prepaid debit card.
Can you withdraw cash from the Chime Credit Builder Card? Yes! Just like your Chime Debit Card, you can withdraw cash using your Credit Builder Card. Get cash fee-free² at 60,000+ ATMs found in stores you love like Walgreens, 7-eleven, CVS, and more!
Chime is a financial technology company, not a bank. Banking services are provided by The Bancorp Bank or Stride Bank, N.A., Members FDIC.
No, Chime is not a prepaid card. When you open an account online through Chime, you get a Checking Account, a Visa debit card, and an optional Savings Account. Chime's debit card is linked to your bank account and a prepaid card is not.
Enterprise and Hertz both allow you to use a prepaid card to pay for your rental car. Some Enterprise locations accept cash and money orders for final payments only, while others allow you to secure a rental this way.
Which rental car companies do not require a credit card? All of the major U.S. rental car companies have non-credit card payment options at certain rental locations, including Alamo, Avis, Budget, Dollar, Enterprise, Hertz, National, Payless, SIXT, Thrifty, and Turo.
The Chime prepaid card's daily withdrawal limit is $500 at any ATM. You can also withdraw cash by going into a bank or credit union and presenting your card to the teller. The limit in this case is also $500 per day.
Turo also accepts non-temporary debit cards with a Mastercard logo or a Visa linked to a checking account. This includes debit cards from Chime and Ally, which are online banks. However, it does not include reloadable debit cards, including EDD, Chase Liquid, and Simple.
You could potentially raise your credit score in 1 – 2 months. However, it depends on your current score, your financial situation, and how much you want to raise it.
Yes, you can typically use a debit card, a prepaid card or even cash to rent a car. However, each rental company has its own rules about acceptable payment options – which often vary by location – and not paying by credit card often carries certain ramifications.
Enterprise accepts pre-paid gift cards with a Visa, Mastercard® or Amex symbol as a form of payment at the end of a rental. We do not accept gift cards to secure a rental*. Payment is never required when making a reservation.
Hertz will not accept debit cards or prepaid cash cards as a form of payment or guarantee at the time of reservation, or time of pickup. You must present a valid and accepted charge card mentioned above, at the beginning of the rental. Debit cards may be used for payment upon return.
Fill up the car – if your hire car is 'full to full', which means you will need to return the car with a full tank, use a filling station close to the rental office and keep the fuel receipt. Leave the car in a good state as you could be charged for extra cleaning if the car is extremely dirty.
Cash. For security reasons, many Enterprise branches do not accept cash payments; however, some branches may accept cash or a money order at the end of the rental for final payment.
The card may be used to make a final payment in respect of a car or other rental, but may not be able to be used to make a car rental reservation, a hotel reservation, or other reservation or deposit.
There is no pre-set starting credit limit for the Chime Credit Card. The credit limit for this card depends on the money you decide to move into your Credit Builder Secured account. Chime only gives a maximum credit limit for this credit card, which is $10,000.
Cons Explained
Difficult to make cash deposits: Cash deposits are only possible at retail locations with Chime's cash deposit partners. You may pay a fee for this service. Out-of-network ATM charges: Chime might charge a fee for every out-of-network ATM transaction.
Chime is part of the Green Dot® network as well, through which you can make cash deposits at stores like CVS and Walgreens. Aside from the aforementioned out-of-network fee, Chime does not institute any other fees.
Cash Withdrawal Limits
You can withdraw up to $500 per day via ATM at any ATM, however there is a $2.50 fee every time you make a withdrawal from an out-of-network ATM.
Decent rate and no minimum balance: Chime offers an annual percentage yield of , and it has no minimum balance requirement. Two automated savings programs: It will also round up every purchase on your Chime debit card to the nearest dollar and deposit that difference into your savings account.
Chime makes its money through kickbacks from Visa when customers use its debit and credit cards. It does not offer these traditional banking products. Fees for using out-of-network ATMs. You'll pay $2.50 per transaction if you withdraw from an ATM outside of Chime's free network.
Renting a car with a Gift / Prepaid Card:
National accepts pre-paid gift cards with a Visa, Mastercard® or Amex symbol as a form of payment at the end of a rental. We do not accept gift cards to secure a rental*.