What is chime boost?

Chime Boost is a feature offered by the online banking platform Chime that allows users to get their paycheck up to two days earlier than traditional banks. This means that users can access their funds sooner and have more control over their finances.

Chime Boost works by using an advanced algorithm to predict when a user will receive their paycheck based on past deposit history and the user's employer. This allows Chime to release the funds early, typically on Wednesday instead of Friday when most traditional banks make the funds available.

Chime Boost is available to all Chime account holders who receive direct deposits, making it a convenient and beneficial feature for those who want faster access to their money. Additionally, Chime offers other features such as no hidden fees, automatic savings tools, and round-up options for purchases, making it a popular choice for those looking for a simple and convenient online banking experience.