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What is MyPay, and How Does MyPay Work?

From Chime Blog

By

March 16, 2026

What is MyPay, and How Does MyPay Work?

What is MyPay, and How Does MyPay Work?
Chime's MyPay is a line of credit that lets you get up to $500 before payday. There are no mandatory fees, no credit checks, and no interest to get money when you need it. With MyPay, just log into your Chime app, see how much is available to you, and then choose how much you want to access. Accessing MyPay is totally free, and the money you choose to advance will hit your Chime Checking Account within 24 hours. Need the money sooner? For $2 to $5 per advance, you can get it instantly. Limits can range from $20 to $500, depending on factors such as your direct deposit history. MyPay is great for unexpected expenses, but it's also helpful when you just want to treat yourself. You could use MyPay to: - Get money for an upcoming night out with friends - Pay for an unexpected vet bill or car repair - Fill up your gas tank ahead of a road trip - Buy event tickets before they sell out - Cover a last-minute trip to the grocery store MyPay is only offered in certain states. Certain eligibility requirements apply to use MyPay. How does MyPay work? 1. Set up direct deposit 2. See how much you can access 3. Choose your amount 4. Select the speed (free within 24 hours or instant for $2-$5)

View original article on chime.com

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