Chime Closing Accounts Again for No Reason

Chime Closing Accounts Again for No Reason

Chime is once again closing more accounts for no specific reason. This happened a couple of years ago as well, and that’s when they closed my account.

The latest closures have happened over the last few weeks. Here’s an example that was shared by Doctor of Credit:

Subject: Account Update

Hi,

Following a recent review of your Chime® Checking Account, we regret to inform you that we have made the decision to end our relationship with you at this time. Your Checking Account will be closed on April 11, 2024.

Before April 11, 2024, you are encouraged to transfer your funds out of your Checking Account. Once your Checking Account is closed, a check for any remaining balance will be mailed to you within thirty (30) days of April 11, 2024 to the address we have on file for you.

At least now they are saying they will mail you a check. In the past people had issues retrieving their funds. When my account was shut down, I had to file a CFPB complaint in order to get my funds back.