Fees checked against each app’s own terms Not financial advice
Best Cash Advance Appswhat each one really costs

Chime MyPay: what $100 really costs

In brief

Chime MyPay lets members with qualifying direct deposits draw part of their pay early. It’s free if you wait up to 24 hours; instant delivery costs 3% with a $2 minimum and $5 maximum. Money goes only to your Chime account. No membership, interest, tips or late fees. On its published terms, $100 delivered instantly and repaid in 14 days costs $3.00, or 78% APR; waiting for the standard transfer costs $0.00.

Fees and terms checked · Not financial advice

Chime MyPay · instant

$100 advance · repaid in 14 days · instant delivery

Membership none
Instant Advance fee (3%, $2–$5) $3.00
Tip $0.00
True cost$3.00
78%effective APR

3.00 ÷ 100.00 × (365 ÷ 14) × 100 = 78.2%

Chime MyPay · if you wait

$100 advance · repaid in 14 days · standard delivery

Membership none
Standard delivery (within 24 hours) $0.00
Tip $0.00
True cost$0.00
0%effective APR

0.00 ÷ 100.00 × (365 ÷ 14) × 100 = 0.0%

In our ranking of cash advance apps, that puts Chime at 2 of 14 by the cost of a $100 instant advance. See the full ranking or change the amount and dates in the calculator.

Every published price

Quoted from Chime’s own pages, checked November 8, 2026. Each line links to where it says so.

ChargePriceFrom Chime’s page
Membership not required There is no cost to enroll in MyPay, and there is no annual fee to keep it.help.chime.com
Instant Advance fee (3%, $2–$5) $3.00 on $100 If you choose to access the Advance instantly, you agree to pay an Instant Advance Fee of three percent (3%) of the Advance amount with a minimum fee of $2.00 and a maximum fee of $5.00 per Instant Advance.chime.com
Standard delivery (within 24 hours) $0.00 Within 24 hours — Free. Funds arrive within 24 hours in your Credit Builder/Chime Card Secured Deposit Account or Chime Checking Account depending on what you choose in the app.help.chime.com
Tips not taken MyPay has no interest, no mandatory fees, and no late fees. (The agreement's fee table lists only the Instant Advance Fee; no tip option is described for MyPay.)help.chime.com
Late fee $0.00 Please note that there is no penalty or late fee for failure to pay by the Due Date.chime.com

What other amounts cost

Repaid in 14 days, with any membership counted for one month. Small advances cost the most per dollar: a fee that doesn’t shrink with the amount weighs more on $25 than on $200. Blank cells mean Chime doesn’t publish that price.

AdvanceInstantAPRIf you waitAPR
$25.00 $2.00 209% $0.00 0%
$50.00 $2.00 104% $0.00 0%
$100.00 $3.00 78% $0.00 0%
$150.00 $4.50 78% $0.00 0%
$200.00 $5.00 65% $0.00 0%
$300.00 $5.00 43% $0.00 0%
$500.00 $5.00 26% $0.00 0%

Limits, eligibility and repayment

Maximum
$1000.00 Eligible members may be offered a $20 - $1000 Credit Limit per pay period. chime.com
To start
Most members see initial limits between $20 - $160 depending on the risk-based criteria. help.chime.com
Who can get it
two (2) Qualifying MyPay Direct Deposits from an employer, payroll provider, or gig economy payer of $200.00 or more per deposit in the preceding thirty-six (36) days (or one plus an Additional Data Source, or one government-benefits deposit). Activated physical Chime card required. chime.com
Credit check
No, per its own pages Chime does not perform a credit check when you enroll in or use MyPay... Chime conducts an Experian® Military Lending Act (MLA) check during enrollment. This is not a credit check and has no impact on your credit score. help.chime.com
Repayment
Chime will attempt repayment when your next Qualifying Direct Deposit arrives... If the deposit doesn't fully cover your balance, Chime will debit up to the amount of that deposit. Instant advance fees are repaid before the advance balance. help.chime.com
Interest
Annual Percentage Rate (APR) 0% ... We will not assess any interest or periodic finance charge on your Account balance, however, there is a fee for Instant Advances. chime.com
States
You must live in one of the following states or the District of Columbia to be eligible for MyPay: Alabama, Alaska, Arizona, Arkansas, California, Delaware, District of Columbia, Florida, Georgia, Hawaii, Indiana, Idaho, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, West Virginia and Wisconsin. chime.com

Worth knowing

  • Chime’s own pages give three different maximums ($500, $750 and $1,000); we use the largest stated figure and note the conflict.
  • Most members start with limits of $20–$160 (Chime help centre).
  • MyPay is available only in the states Chime lists in its MyPay agreement.

Regulatory actions

From official sources only. A complaint states allegations; it is not a finding.

  • CFPB (consent order): The CFPB found that Chime failed to refund remaining balances on closed accounts within 14 days in thousands of instances, sometimes beyond 90 days, which is unfair under the CFPA. Chime pays a $3.25 million civil money penalty and at least $1.3 million in redress (File 2024-CFPB-0002). Not about SpotMe or MyPay specifically. Status: The CFPB lists the status as Post Order/Post Judgment (page last modified 2024-05-07). Source
  • California DFPI (consent order): DFPI found that Chime engaged in unfair acts under the California Consumer Financial Protection Law in how it handled customer complaints. Chime pays a $2.5 million penalty and must provide 24/7 customer service support with enough staffing and training, improve complaint handling, and report to DFPI annually for two years. Order dated 2024-02-24 per the DFPI action page; press release 2024-02-27. Status: Resolved by consent order. Source
  • California Department of Financial Protection and Innovation (DFPI) (settlement agreement): DFPI found that Chime, not a licensed bank, violated Cal. Fin. Code s. 561 by using the URL 'chimebank.com' (before Feb 2020) and the words 'bank' and 'banking' in parts of its business. Chime agreed to a cease-and-desist on 'chimebank.com' and to review its website and advertising, without admitting the findings. Not about advances. Status: Resolved. Source

Close to Chime on cost

Albert Instant Advance

$0.00 · 0% APR

EarnIn Cash Out

$5.99 · 156% APR

MoneyLion Instacash

$7.50 · 196% APR

Sources for this page

How costs are calculated, what is left out and how to send a correction: methodology.

Cite this page

Best Cash Advance Apps. "Chime MyPay: the true cost of a $100 advance." Updated November 8, 2026. https://bestcashadvanceapps.com/apps/chime-mypay/