There’s no doubt, Chime is a great banking alternative through which one can do many online transactions. The good thing is that they don’t have any hidden fees and are considered incredible option for personal banking. However, Chime is having some policies if not followed then your account might get closed. This usually happens because of prevention of suspicious activity. Whether your account got closed or decided to close your account, you’re required to follow a few sets of instructions. Make sure you fully understand the process of account closing on chime. Some queries that users ask are- Why would Chime close my account? How can I close the chime account?
If you’re having these queries then all that you need to do is to follow this blog-
Why is my chime account closed?
Most of the closures on chime happen due to suspected fraudulent activity. If this happens, it is considered a standard operating procedure because of which most lenders cancel accounts.
Preventing closure of chime account
- make sure to respond to notices immediately
If you get an email stating that your chime account will soon be closed then you must consider it seriously and take action immediately. Whether it’s a neo bank or traditional lender, responding notice on time can save before chime takes its official action.
- Set up notifications
After this, make sure to keep a close watch on your chime account. If you see any suspicious activity on your account then immediately get in touch with Chime. Also, change the setting to get a notification about suspicious activity.
For this, go to “Settings” and then click on the “Notifications”. Here, make sure you’re set to receive alerts whenever there’s a transaction is done through your debit card.
- Keeping business separate
Chime has already stated that it’s designed only for personal use. So, make sure to check your contact information. In case your email address or phone number changes, you must update your account profile.
- Create a backup
On chime, it’s important to have a backup option. Whether you’re using a credit card or a secondary bank account, get a backup to continue to pay bills and make purchases.
How to close a chime bank account?
If you want a break from Chime then all that you need is to send an email to firstname.lastname@example.org. In the email, send a request to delete your account. After the deletion of the chime account, there is a need for follow-up from the chime team. Always seek the customer support team’s back for the deletion of the chime account.
Why would Chime close my account? If you want an answer to this query then seek help from customer support.
Can chime just close your account?
Yes, it can close your account if there’s any suspicious activity on the account. Chime is pretty clear that is only used for personal application. The Spending Account on chime is not designed for business use so be clear that it is not used for business purposes.
Can I close my chime account and open a new one?
At this point, users cannot have two accounts as per the policy of chime. This means that you can send and receive money through only one Chime bank account. Thus, you need to close an old account to create a new one.