Whether you've sold items online, received a payment from a friend, or simply want to consolidate your accounts, transferring money from PayPal to Chime is quick and efficient. This guide covers all the methods available and explains the associated fees so you can choose the fastest option for your needs.
With a few simple steps, you can ensure that your funds are seamlessly transferred from one platform to another.
This article will walk you through the process in a detailed and simple-to-understand manner.
You will need both a Chime account and a PayPal account to initiate the transfer.
All you have to do is link your Chime account to PayPal and initiate the transfer within the PayPal app.
In order to link your Chime bank account with PayPal, you will need your Chime account login information.
This will allow you to securely link your bank account to PayPal using PayPal's secure third-party provider. When you link your Chime account, you'll enter your Chime login credentials to authenticate the connection.
As an alternative method, you can link your Chime bank account to PayPal by providing your Chime account and routing number. After that, you will have to verify temporary deposits made to your account.
Since the instant verification method is faster, this is the preferred method for most users.
Instead of linking your bank account, you can add your Chime Visa Debit Card to PayPal. Simply go to Wallet → Add a card or bank → Link a debit card → Enter your Chime card number, expiration date, and CVV. This method is equally straightforward and doesn't require authentication via login credentials.
After gathering the necessary Chime Account details, proceed to your PayPal account.
Go directly to the Wallet section of your PayPal account (on the web or app). From there, click or tap 'Link a card or bank' to proceed. From there, you can add your Chime account as a bank account within PayPal.
At this point, you can either link your bank account instantaneously by entering your Chime login credentials, or opt for the small deposit verification method.
Micro-Deposit Verification Process: If instant verification isn't available, PayPal will send two small deposits (between $0.01 and $0.99 each) to your Chime account within 3 business days. You'll then need to log back into PayPal, navigate to your linked bank account, and enter the exact amounts of these deposits to confirm ownership. Once verified, you can proceed with transfers. This method takes longer but provides an alternative if instant authentication fails.
At this point, your Chime bank account is successfully linked to PayPal. You can now initiate a transfer of your funds within PayPal to Chime.
Log into your PayPal account and navigate to your Wallet section. Once there, click or tap 'Transfer Money'. Select 'Transfer to your bank' from the options provided. You'll see a list of your linked accounts; choose your Chime account as the destination. Enter the dollar amount you wish to transfer and carefully review the transaction details before proceeding. Finally, click 'Transfer' to complete the process. You'll receive confirmation immediately.
Important fee information: Standard transfers to your linked bank account are completely free and take 1–3 business days. Instant transfers cost 1.75% of the transfer amount (minimum $0.25 USD, maximum $25 USD) and typically complete within minutes to 30 minutes. Most users benefit from using the free standard transfer unless they need immediate access to funds.
| Transfer Type | Speed | Cost | Best For |
|---|---|---|---|
| Standard Transfer | 1-3 business days | Free | When you're not in a hurry |
| Instant Transfer | Minutes to 30 min | 1.75% (min $0.25, max $25) | When you need funds immediately |
How Long Does the Transfer Take? Standard transfers typically arrive in your Chime account within 1–3 business days. Instant transfers usually complete within minutes to 30 minutes, though this depends on your bank's processing. Weekend and holiday delays may extend these timeframes by one additional business day.
For verified PayPal accounts, you can transfer up to $25,000 per transaction for instant transfers to linked bank accounts, and standard transfers don't have a specific per-transaction cap. However, daily and cumulative monthly limits may apply depending on your account age and verification status. Check your account settings under 'Transfer Limits' to see your specific allowances.
Always log into PayPal and Chime directly through their official apps or websites—never click links from emails or texts claiming to verify your account. PayPal and Chime will never ask for your password or security codes. If you notice unusual account activity, contact customer support immediately. Both services offer 24/7 support to help resolve disputes.
If your transfer fails, here are common reasons:
(1) Billing address mismatch—ensure your PayPal billing address matches your bank records exactly.
(2) Failed authorization charge—PayPal sends a $1 test charge; if declined, contact your bank and try again.
(3) Incorrect account information—double-check your Chime routing and account numbers.
(4) Account verification incomplete—verify your Chime account is fully set up and active. If problems persist, contact PayPal's 24/7 support team.
Note: While you can transfer money FROM PayPal TO Chime using the method above, transferring FROM Chime TO PayPal requires indirect methods, such as transferring to an external bank account first, then moving funds to PayPal. Chime and PayPal don't have a direct partnership for reverse transfers.
Successfully transferred your funds? Share your experience in the comments below! Do you have questions about PayPal or Chime? Let us know, and we'll help. For additional help, both PayPal and Chime offer 24/7 customer support through their respective apps.
