alt Hacker NewsSince when is Chime a bank since their customer service repeatedly told me in no uncertain terms that they are a "spending account" and absolutely not a bank.
Since when is Chime a bank since their customer service repeatedly told me in no uncertain terms that they are a "spending account" and absolutely not a bank.
On their own "About Us" page: "Chime® is a financial technology company, not a bank." eyeroll
These leeches want all the profits of banking and none of the customer service and regulatory obligations.
New rule: if we ask 100 of your customers if they think you're a bank, and the majority say yes, congratulations, you're now a bank under law, because you sure as hell are pretending to be one.