Chime Spot Me is a free overdraft service offered by Chime, which is growing in popularity by the day. And if the question pops in your mind- can you get cash back on Chime Spot Me, the answer is Yes. This guide will cover the complete details on how to get cash back with Chime Spot Me, where you can get this cash back including Walmart, Walgreens, Dollar General, other locations, and what are the technicalities involved. Show With Chime Spot Me, you can overdraw your account up to your Spot Me Limit. Your Spot Me Limit can range from $20 and go up to $200. Your Spot Me Limit is the maximum amount you can overdraw and is auto-determined by Chime and gets notified to you in the app. You do need to have a direct deposit of at least $200 in your Chime Spending Account to qualify for Chime Spot Me. Earlier Chime Spot Me was purely an overdraft facility that only covered purchases on your Chime Debit Card i.e. grocery purchases, gas, rentals, etc. But now the good thing is Chime Spot Me even allows you to spot yourself cash at an ATM as well as at supported retail stores like Walmart, Dollar General, CVS, 7 eleven, Walgreens, etc. In fact, with Chime Spot Me, you can now withdraw cash without fees at their 60,000+ network ATMs and 40, 000+ retail locations by swiping your Chime Debit Card. If you are looking to withdraw cash from ATMs using Chime Spot Me, you can also check this post on this topic: Chime Spot Me covers ATM withdrawals. Is Cash App FDIC insured? [Complete... Please enable JavaScript As Chime Spot Me works without any fees, it is comparable to cash advance apps and definitely a better option than banks that offer overdrafts at hefty fees going up to $35 per transaction. This makes it a great source to tap in urgent need of funds. Many people call Chime the best thing since sliced bread, with this welcome decision taken in July 2021. But there are still some technicalities to be aware of when using Chime Spot Me. So continue reading to boost your knowledge on Chime Spot Me Cashback.
Yes, you can get cash back with Chime Spot Me at 40,000+ retail locations. If you make a purchase using your Chime Debit Card at a supported retail location and your Chime account goes into negative balance, you get an option to get cash back for an amount up to your Spot Me Limit. Does Chime Spot Me offer Cash Back at Walmart?Yes, Chime offers the cash-back option at Walmart for self-checkout purchase. You can also get cash-back at a number of other popular retail locations like Dollar General, Walgreens, CVS, 7-eleven, Target, etc. How to get Cash back from Chime Spot me [Steps for Walmart and other stores]Follow these steps –
Points to Note
Chime Spot Me Cash Back Not Working Reasons
Let’s understand the reasons in detail. Chime SpotMe limit is exceeded This can be one reason why your Cash back was not working. There could be many scenarios which could cause your Spot Me Limit to be passed.
You can check this post which talks about a few ways you can explore which may help to increase your Chime Spot Me limit. Cash Back Option Not triggered due to positive balance In many cases, the Chime Cash back option does not show up because your Chime account balance is sufficient to cover the purchase transaction. It is only when the transaction amount causes your Chime balance to go into negative, it triggers the option to get cash back. This is the reason why you will find some Chime members maintaining a close to zero balance in their account while attempting a cash back. This way you can get maximum cash back especially if you are buying a very cheap item. Eg. if you have $10 in your Chime account balance and buy an item for say $8, it won’t trigger the cash back option as the existing balance is sufficient to cover it. However, if you have say only 50 cents in your account and buy some low-cost item for say 2 dollars, this could trigger Chime to provide cash back option. Transaction exceeds the retailer store cash back limit where you are requesting cash back This may be another issue that comes up, not directly relating to Chime. Some retailers have their own individual limits for cash-back which may turn out to be lower than your Spot Me Limit. For E.g. Walmart’s cash-back limit is $100 You may have disabled the Chime Spot Me option in the app This reason, though rare, can happen when you may have accidentally disabled the Chime Spot Me option in the app. Make sure you have it turned on in the Chime App-> Settings Your Chime debit card is not enabled for transaction Another rare reason for not being able to use Chime Spot Me. If you have recently got your Chime card, it may be a possibility that you have not activated it in the app to be able to use it for purchases and cash-back WRAP UP Chime Spot Me cash back feature is worth exploring when you are short on cash. And it may turn out to be a better option than withdrawing cash at ATMs which can subject you to fees (i.e. if the ATM is not a part of the Chime network). |