You can withdraw from Chime savings the same way you withdraw from checking — through the debit card, ATM, or transfer
Chime doesn't lock your savings account or make withdrawals difficult. You access the money using your Chime debit card at any ATM, by transferring it to your checking account within Chime, or by moving it to an external bank account. There's no waiting period and no penalty for taking money out, even if you withdraw everything at once.
The main thing to know is that Chime savings and checking are linked in the app, so you control both from one place. When you need the money, you decide how to move it — and the choice depends on what you're doing with it.
Key Takeaways
- You can withdraw cash from your Chime savings account at any ATM using your debit card, with no fees charged by Chime.
- Transferring money from savings to your Chime checking account takes seconds in the app and costs nothing.
- You can move money from Chime savings to a bank account at another institution, though the transfer may take one to three business days.
- Chime savings has no minimum balance requirement and no penalty for withdrawing money at any time.
Withdrawing cash at an ATM
Open the Chime app, go to your savings account, and tap the card icon to confirm you're using the right debit card. Then find an ATM — Chime is part of the MoneyLion network, which includes over 60,000 ATMs nationwide, plus ATMs at most major banks. Insert your Chime debit card and withdraw the amount you need.
Chime doesn't charge you a fee for ATM withdrawals. Some ATMs operated by other banks or networks may charge their own fee (usually $2 to $3), but you'll see that warning on the ATM screen before you complete the transaction. If you use an ATM that charges a fee and you're unhappy about it, you can dispute it in the app — Chime will sometimes refund the fee, though this isn't may provide.
The cash comes out of your savings account when ready. Your Chime app will show the withdrawal within seconds.
Transferring to your Chime checking account
If you want to move money from savings to checking within Chime, open the app and tap on your savings account. Look for a "Transfer" or "Move Money" button — the exact wording varies slightly depending on your app version. Select how much you want to move and confirm the transfer to your checking account.
The money arrives when ready. You can then spend it using your debit card, write a check if you have checks linked to your account, or set up a payment to another person or business. This is the fastest way to access your savings if you need to pay someone electronically.
Moving money to a bank account outside Chime
To transfer savings to an external bank account — one at a different bank — open the Chime app and select your savings account. Tap "Transfer" and choose "External Transfer" or "Send to Bank Account." You'll need the routing number and account number of the bank where you want the money to go.
The first time you set up an external transfer, Chime may verify the account by depositing two small amounts (usually under $1 each) and asking you to confirm those amounts. This takes one to two business days. After verification, future transfers typically arrive within one to three business days.
Chime doesn't charge a fee for outgoing transfers, but the receiving bank may have its own rules about incoming transfers. Check with that bank if you're unsure.
What happens if you withdraw everything
You can close out your Chime savings account completely by withdrawing all the money. There's no penalty, no minimum balance you have to keep, and no waiting period. Once the account balance reaches zero, the account stays open but inactive — you can deposit money back into it later if you change your mind.
If you want to close the account entirely rather than just empty it, contact Chime support through the app. They can walk you through the process, though for most people, straightforward leaving it empty is simpler.
Timing and limits on withdrawals
Chime doesn't limit how many times you can withdraw from savings or how much you can take out. You can make multiple withdrawals in a single day if you need to. The only limit is the balance in your account — you can't withdraw more than you have.
ATM withdrawals show up when ready in your account. Transfers within Chime are also when ready. External transfers to other banks take longer because the banks have to process the transfer on their end, which is why those typically take one to three business days.
Frequently Asked Questions
Does Chime charge a fee to withdraw from savings?
No. Chime doesn't charge any fee for withdrawals from your savings account, whether you use an ATM, transfer to checking, or move money to an external bank. Some ATMs operated by other banks may charge their own fee, but Chime's fee is always zero.
Can I withdraw money from savings if I have a negative balance in checking?
Yes. Your savings and checking accounts are separate, so a negative balance in checking doesn't affect your ability to withdraw from savings. However, if you have overdraft protection turned on, Chime may automatically transfer money from savings to checking to cover overdrafts.
How long does it take to transfer savings to an external bank?
Transfers within Chime are when ready. Transfers to a bank account at another institution typically take one to three business days, depending on how quickly the receiving bank processes the transfer. Weekends and holidays may add time.
What if I forget my PIN for the ATM?
You can reset your PIN in the Chime app under card settings, or contact Chime support through the app for help. A new PIN usually takes effect within a few minutes, though it may take up to 24 hours to work at all ATMs.
Can I set up automatic transfers from savings to checking?
Chime doesn't offer automatic recurring transfers from savings to checking within the app. You can set up a one-time transfer or make manual transfers whenever you need to, but you'll have to do each one by hand.