Cash Advance Apps
How does Chime SpotMe cash advance work?

How does Chime SpotMe cash advance work?

By Editorial Team
Last Updated: Apr 29, 2025

Chime SpotMe is a nifty feature that lets you overdraft your account by up to $200 without any fees. It's not a payday loan; instead, it covers you when you're a little short on cash. To use it, you need a Chime account with direct deposits of at least $200. Once you're set up, just use your Chime debit card as usual—even if your balance dips below zero, Chime has you covered up to your limit. There's no interest or fees, and you'll automatically repay the negative balance with your next deposit. You can even choose to leave an optional tip, but that's totally up to you.

How to get a Chime SpotMe cash advance: step-by-step

To get a cash advance with Chime SpotMe, follow these steps:

  1. Activate your card: Make sure your Chime Visa® Debit Card is activated.
  2. Set up direct deposit: Receive at least one qualifying direct deposit of $200 or more into your Chime Checking Account.
  3. Update app: Ensure you have the latest version of the Chime app installed on your device.
  4. Check eligibility: Open the Chime app, go to Settings, and check if you're eligible for SpotMe.
  5. Enroll in SpotMe: Agree to the SpotMe Terms and Conditions to enroll.
  6. Note your limit: Find out your SpotMe limit—the maximum amount you can overdraw.
  7. Make a withdrawal: Use your Chime Debit Card to withdraw cash at an ATM or get cashback during a purchase, even if it exceeds your balance (up to your SpotMe limit).
  8. Overdraft covered: Chime SpotMe will cover the overdraft amount up to your limit without any fees.
  9. Automatic repayment: Your next qualifying deposit will automatically repay any negative balance.
  10. Stay within limit: Transactions exceeding your SpotMe limit will be declined without fees.

Table of contents

How to get a Chime SpotMe cash advance: step-by-stepAdvance amounts, fees and repayment termsHow long does Chime SpotMe cash advance take?What do Chime SpotMe users say about funding speed?

Advance amounts, fees and repayment terms

Advance amounts
$20 - $200
Monthly fee
Free
Time to get cash
Timeframe for standard advances is unknown
Expedite fee
There is no expedite fee
Time to get cash with express fee
Timeframe for express payments is unknown

How long does Chime SpotMe cash advance take?

With Chime SpotMe, you can access your cash advance instantly. There’s no waiting period—you can overdraft up to $200 on debit card purchases and cash withdrawals right away. Plus, there are no fees or interest charges for using SpotMe, so you get your money when you need it without any extra costs.

What do Chime SpotMe users say about funding speed?

Out of hundreds of reviews published in February and March 2025 that we analyzed, we found over 40 recent comments mentioning funding speed. Here's what users say about it:

  • Early paydays: Dozens of users love getting their paychecks up to two days early with Chime, calling it a game-changer when money is tight.
  • SpotMe to the rescue: Many appreciate the SpotMe feature for covering small overdrafts without fees, helping them make essential purchases.
  • SpotMe limits vary: Some are disappointed that their SpotMe limit isn't the advertised $200, with a few noting it's only $20–$30 for them.
  • Access to MyPay: A handful mention difficulty accessing the MyPay feature, wishing it were available to them.

Overall, Chime SpotMe users are pleased with the fast access to funds and overdraft protection, though some wish for higher limits and broader feature access.