Chime Workplace

Chime Workplace provides the most accessible, easiest, and frictionless savings product in the market through our modern holistic wellness suite of tools. All aspects of our offerings are geared towards encouraging employees to (i) become savers and (ii) bolster their savings balance.

1. Offer the best savings vehicle for employees
a. Market-leading 3.00% APY
b. No minimum deposit
c. No monthly fees
2. Activate employees through educational tools, automations, and behavioral nudges
a. Financial Calculator: enables employees to benchmark their spending against the 50/30/20 budget rule, giving visibility into where their money is going and helping to establish a plan for reaching their financial goals
b. Savings Goals: provides trackability of progress towards specified amount and purpose (e.g., emergency fund, car)
c. Paycheck Auto-Savings: auto-allocate a portion of paycheck into savings account
d. Savings Round-Ups: each purchase rounds to the nearest dollar and those funds go into savings account
e. “Safe to Spend”: real-time visibility into discretionary income helping employees understand what they can safely spend while meeting saving goals
f. Behavioral Nudges: in-app nudges with challenges help employees find ways to build savings habits (e.g., “Dine Out Detox”, “Contribute to savings 2x this month”).