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How To Transfer Money From Chime To PayPal | 3 Easy Steps

  • Posted By admin
  • 16 May, 2022

With the increase in demand for online bank accounts and e-wallets, many people are wondering how to transfer money from Chime to PayPal. The truth is that there is no direct way to send money from chime to PayPal. But the good news is that there is an indirect way to transfer funds from chime to PayPal. This indirect is absolutely free of charge, is simple and is effective as hell.

Before you proceed with a money transfer from Chime to PayPal, you need to ensure a few things. This technique only works if the same account is linked to both your PayPal wallet and Chime account. This implies you should be the account holder of both payment wallets. You can easily link your account to these wallets in no time.

Methods to transfer money from chime to PayPal

As mentioned above, there is no direct way for a Chime to PayPal transfer. So, the potential tool to transfer funds from Chime to PayPal is through a bank account. The most valuable thing about sending money using a bank account is it’s free, reliable, and safe. A large number of users transferring money from Chime to PayPal use their bank accounts.

In fact, your linked bank account to Chime can even help you transfer funds from Chime to many other payment apps like Cash App, Zelle, Venmo and Google Pay, etc. 

How to transfer money from chime to PayPal

Add Chime as a bank account on PayPal

Adding Chime as a bank account on PayPal would allow you to transfer funds between the two easily. This can be done in a few simple steps:

  1. Take your Chime account number and Chime routing number.

Any type of transferring of funds would require you to enter credentials like account number and routing number.

Chime is in collaboration with Bancorp and Stride Bank. Therefore, it provides you with a unique account number and routing number. These can be used for the transfer of funds.

You can access your Chime account details by:

  •         Open the browser and visit the official Chime website.
  •         Log in to your Chime account.
  •         Select and click on the “Move Money” option.
  •         Click on the “Settings” menu.
  •         Take your account number and routing number from the “Settings” menu.

The process to get this information is the same for the Chime App as well as the Chime Website. 

  1. Set up Chime as a bank on PayPal 

You can add Chime to your PayPal on PayPal App. the PayPal App is available for both Androids as well as iOS devices. 

Here is how to add Chime as a bank on PayPal.

  • Open the browser and visit the PayPal website. 
  • Log in to your PayPal profile. 
  • Open the “Settings” option by tapping on the gear icon in the top-right corner. 
  • Select “Money, Banks and Cards”. 
  • Choose the “Link a New Bank Account” in the Bank accounts section. 
  • Enter your Chime account information and click the “Link your Bank” button. 
  1. Initiate transferring funds via PayPal 

Bank transfers allow clients to exchange money from bank to bank. If the user had added Chime as a bank on their PayPal, the transferring process is explained to the customer. 

You can execute a transfer of funds using your Chime account through PayPal using either the PayPal App or PayPal website. 

The process of transferring funds is the same for both PayPal App and the PayPal website. 

Here is how to implement the movement of funds:

  • Open PayPal either on the App or the website. 
  • Log in to your PayPal profile. 
  • Note your PayPal amount. 
  • Choose the “Add Money” option. 
  • Select your Chime Bank account information. 
  • Press “Add” and enter the amount of money you wish to deposit. 
  • Click on the “Continue” button. 
  • Examine your transaction. 
  • Select “Add $X Amount”. 

The transaction will approximately take 2-4 business days to complete and will be free of charge. After the transaction, the owners will receive an email from PayPal. 

In conclusion

Chime has proven to be one of the best alternatives to traditional banks of America. It provides a high annual percentage yield, with no monthly fees or minimum balance. 

Your search box may be filled with the question “How to transfer money from chime to PayPal?”. And your search will end here. There may be no direct method of transferring funds from Chime to PayPal. But even the indirect way is easy and requires only a few steps. 

Also Read: How To Unlock And Borrow Money on Cash App

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