Chime is not a bank, but a financial technology company that partners with two banks, The Bancorp Bank, N.A. and Stride Bank, N.A., to provide banking services to account holders). Chime offers fee-free accounts, fee-free overdrafts up to $200 for eligible members, and a 2.0% APY savings account. Chimes checking account is free, with no monthly fee, no minimum opening deposit, and no minimum balance requirement. It also gives users access to make fee-free withdrawals at over 60,000 ATMs. Chime does not use screening tools that most banks do to determine whether a person will be blocked from getting a bank account if they’ve had one closed in the past, making it a helpful banking solution if you’re trying to restart your financial life.