The fastest way to transfer money from Chime savings

You can move money from your Chime savings account to your Chime checking account instantly through the Chime app, with no fee. Open the app, tap "Transfer," select the amount, and confirm—the money lands in checking right away. If you want to send money to a bank account outside Chime, you'll use an ACH transfer, which takes one to two business days and also costs nothing.

The method you choose depends on where the money needs to go. Moving it within Chime is immediate. Moving it to another bank is slower but still free. Moving it to a person (peer-to-peer) uses a different tool. Each route has its own steps and timeline.

Key Takeaways

  • Transfers between your own Chime checking and savings accounts happen instantly in the app with no fee.
  • ACH transfers to another bank take one to two business days and are free, but you need the receiving bank's routing and account numbers.
  • Chime does not charge transfer fees, but the receiving bank may charge a deposit fee if it is not a major institution.
  • Transfers initiated after 5 p.m. ET on a weekday or on weekends start processing the next business day.
  • If a transfer fails, Chime will notify you in the app and the money returns to your savings account within one to two business days.

Transferring money within Chime (checking to savings or savings to checking)

Open the Chime app and tap the "Transfer" button on the home screen. Select the account you're transferring from (savings) and the account you're transferring to (checking). Enter the amount and review the details. Tap "Confirm" and the transfer completes immediately—you'll see the money in both accounts right away.

There is no fee for this transfer, and there is no daily or monthly limit on how many times you can move money between your own accounts. The money is available to spend or withdraw as soon as it lands in checking.

Sending money to another bank via ACH transfer

An ACH transfer moves money from your Chime savings account to a checking or savings account at a different bank. Open the Chime app, tap "Transfer," then select "External Transfer" or "Send to Bank" (the exact wording varies by app version). Enter the receiving bank's routing number and the account number, then the amount.

The transfer takes one to two business days to arrive. If you initiate it on a Friday after 5 p.m. ET, or on a weekend, processing starts Monday morning. Chime does not charge a fee, but confirm with the receiving bank that it does not charge a deposit fee—most major banks do not, but some smaller institutions do.

You'll need the receiving bank's nine-digit routing number and the full account number. If you don't have these, call the bank or log into your account there and look for "routing number" or "bank details" in the settings. Once you've sent an ACH transfer to a bank account, Chime may save that account as a trusted recipient, so future transfers to the same account are faster.

Sending money to another person via Chime Pay or peer-to-peer apps

If the person you're sending money to also has a Chime account, you can use Chime Pay to send money directly from your savings account. Open the app, tap "Send Money," search for the recipient by their phone number or email, enter the amount, and send. The money arrives in their account instantly, and there is no fee.

If the recipient does not have Chime, you can link your Chime savings account to a peer-to-peer app like Venmo, PayPal, or Square Cash. Each app has its own transfer timeline—some are instant, others take one to three business days—and some charge a fee if you use a debit card. Check the app's fee schedule before you send.

Withdrawing cash from your Chime savings account

You cannot withdraw directly from your Chime savings account at an ATM. First, transfer money from savings to your Chime checking account (instant, in the app), then use your Chime debit card at any ATM in the Chime network or at a MoneyLion ATM. Chime's network includes over 60,000 ATMs nationwide, and withdrawals are free at all of them.

If you use an ATM outside the Chime network, you'll pay a fee—usually $2.50 to $3.00 charged by the ATM operator, though Chime may refund it depending on your account type. To find a free ATM, open the Chime app, tap "ATM Finder," and search by location.

What to do if a transfer fails or gets stuck

If an ACH transfer to another bank fails, Chime will send you a notification in the app explaining why. Common reasons include a wrong account number, a closed account at the receiving bank, or a mismatch between the account number and the account holder's name. The money returns to your Chime savings account within one to two business days.

If you initiated the transfer and it's been more than two business days with no notification, open the Chime app and check the "Activity" or "Transfers" section to see the status. If it still shows as pending, contact Chime support through the app by tapping "Help" and selecting "Contact Us." Have the transfer amount, date, and receiving bank details ready.

Limits on how much you can transfer

Chime does not publish a single daily transfer limit that applies to all accounts. The limit depends on your account history, how long you've been with Chime, and the type of transfer. Transfers within Chime (savings to checking) typically have no limit. ACH transfers to other banks may be limited to $5,000 to $25,000 per day, though this varies.

If you try to transfer more than your limit allows, the app will reject the transfer and tell you the maximum amount you can send that day. If you need to move a larger sum, you can split it across multiple days or contact Chime support to ask if your limit can be raised based on your account standing.

Frequently Asked Questions

Can I transfer money from Chime savings to a credit card?

No. ACH transfers only work between bank accounts (checking or savings). If you want to pay a credit card, transfer the money to your Chime checking account first, then use your Chime debit card to make a payment through the credit card company's website or app.

How long does it take to transfer money from Chime savings to another bank?

One to two business days. If you initiate the transfer after 5 p.m. ET on a weekday or anytime on a weekend, it starts processing the next business day. So a transfer sent Friday evening won't begin until Monday morning.

Will Chime charge me a fee to transfer money out of savings?

No. Chime does not charge fees for transfers within Chime or for ACH transfers to other banks. The receiving bank may charge a deposit fee, but most major banks do not. Check with the receiving bank if you're unsure.

What if I enter the wrong account number for an ACH transfer?

The transfer will likely fail and the money will return to your Chime savings account within one to two business days. Chime will notify you in the app. If the transfer somehow goes through to the wrong account, contact Chime support immediately—they can file a claim, but recovery is not may provide.

Can I set up automatic recurring transfers from Chime savings?

Chime does not offer automatic recurring transfers from savings to external banks through the app. You can set up automatic transfers within Chime (savings to checking) by using the "Recurring Transfer" feature, but for external banks you'll need to initiate each transfer manually or use your receiving bank's bill pay service to pull money from Chime.