TLDR Tech / Fintech
Chime launches premium tier with 5% cash back and no fees to lock in primary accounts
Chime Prime is a premium tier that unlocks automatically for members with $3,000+ in monthly direct deposits, offering 5% cash back on a category of choice, 3.75% APY on savings, Priority Pass membership, and a metal card with no monthly fees or subscription costs. The neobank also bumped Chime Plus cash back from 1.5% to 2%, building a tiered rewards model that brings perks traditionally reserved for credit cards or high-balance customers directly into everyday checking accounts.
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