ChimpChange Reviews - What Is It?
DO NOT USE ChimpChange!!! You Must Read This Review!
Fully Researched: Price, User Feedback and More!
Transferring money to or from your bank account can be an expensive process, as you will need to spend a lot in fees. Fortunately, ChimpChange claims to offer a digital banking platform for people to send and spend their money easily and reliably for less. It presupposes two parts: a prepaid MasterCard and an iOS or Android app. ChimpChange's app allows sending money to other ChimpChange users in real time. Money can also be sent to anyone with a cell phone, which is very convenient for anyone. Then, with ChimpChange's MasterCard, you can make online and in-store purchases in any corner of the world, as well as withdraw money from any ATM with a MoneyPass logo.
ChimpChange claims to help you do all your daily transactional banking and send payments from a single app for a lower cost when compared to a traditional bank. Another advantage of the service is its simplicity. ChimpChange was created by a 34-year old Australian Ash Shilkin. The man claims he had a vision of an ability to send money to each other with a wristwatch. Before founding the company, Ash was involved in the climate industry. Today, the company is based out of Los Angeles, CA. It has been in business since 2011. ChimpChange's iOS and Android apps are associated with more than 1,000 reviews; the average rating is four stars. Most users are pleased with ease of the app.
Customer Reviews - Does ChimpChange Really Work?
To fund your ChimpChange account and check your balance you will need to follow several steps. First, you'll need to download the app and activate your card. You will be required to accept the terms, enter your personal details, and enter the 5-digit verification code that you will receive via SMS. After your app has been activated, you will need to activate your MasterCard. Log back into your app and go to the Settings screen, choose Activate Card, and enter the last four digits of your card and the entire social security number of yours. You should be aware of the fact that ChimpChange never sees or uses your personal information. The second step involves verifying your bank account. It is important if you wish to transfer funds from your bank account to your ChimpChange account. To do this, you'll need to find the Transfer Funds section and add an external account. You will also need to enter the account and routing numbers contained on the back of your card. Within the next two or three days, your bank will make two deposits into your account. As soon as you get these, log back into your bank account, enter the sums to complete verification. Now, you are set. Your ChimpChange account can be linked with a PayPal account.
The third step involves loading of your ChimpChange card by logging into your online bank account. Now you can freely and easily transfer money. the next step presupposes your sending and receiving money but at first you will need to log into your app by entering your 4-digit PIN, your cell number and password, or Touch ID, choose the Send Money Icon. Touch the Send To field to see your contacts and select the person you want to send money to. Don't forget to enter the amount of money you would like to send. A memo can also be included if you wish. Most users of the account claim that sending money through this app is easy and fast. In the end, you'll see a confirmation page. Click Confirm to send your funds, and you will get a receipt for the transaction via email. In the same way you can unload money from ChimpChange back to your bank account, just in reverse. Another thing people like about this service is its lower cost when compared to other companies of the kind. Some users' reviews contain complaints citing inactivity fees if you haven't used the card for too long, declined transactions, and long wait times for replies. However, most customers are satisfied with the work of customer service.
"I am completely pleased with ChimpChange, first of all, because it has no fees for loading. My account is not hooked up to another bank account, but it is hooked to my square account. It costs me absolutely nothing to deposit my money. I can use my card over and over again. Now I can load, receive or send money whenever I wish. The representatives of the customer service are always nice and polite. I love them so much. Thank you for your work!"
"I am very happy with how easy it was to apply for Chimp Change and I was even more surprised not to be charged. I'm going to connect my PayPal to it as soon as I get a card. I decided to get one because my husband has one of these accounts and is pleased with how it has worked out great for a second account. He can not only deposit small checks but also pay bills. I do recommend this service to everyone. You will be happy with it if you have realistic expectations. Loading money is extremely easy. The service is suitable for any big transaction or important checks."
"Chimpchange is one of the best pre-paid cards I have ever dealt with. I received it only three weeks ago but I am already in love with it. The best feature about it is that you will get a $10 credit if you charge a $50 qualify purchase within 5 business days. I got my credit just five days after I charged over $50 at Staples. Transferring money between accounts has never been easier. You can see the transaction the next day. By the way, the card is accepted everywhere."
My Final Summary
Is a ChimpChange Account worth opening? To answer this question we will need to consider everything we have covered step by step.it is not just a prepaid debit card but it offers a fairly useful app that will help you to manage your funds the way you like. In addition to their app, you will be subjected to few fees, which will save you a lot of money. The only thing you'll need to remember is to use the card on a regular basis. There are many user testimonials online witnessing that the card proves to be beneficial in different situations in life. The app is very easy to use any time of the day or night. The customers are also pleased with the work of customer service. People working in the company are really kind and helpful.
So, if you need to transfer money regularly, you should consider getting the ChimpChange card. You don't need to go out to the bank and pay high fees. You can do the job with your mobile app within a few minutes only. Many people use the account to consistently pay bills. If you follow the upper mentioned steps, you'll enjoy using your new account. It is true to say that ChimpChange might make a useful budgeting tool. Taking into account all advantages and disadvantages of this card, I can recommend ChimpChange to usage. Apply for it today and start saving money tomorrow.
ChimpChange Pricing and Rates
You can sign up for a ChimpChange account for free. It comes with no minimum balance requirement and you don't even need a credit check. There are no monthly fees as long as you use the money at least once every two months. But if you don't use your card for two months, you will be charged a $4.95 inactivity fee per month. You are expected to get a reminder before this occurs. You may be charged $1.50 each time you withdraw money through a bank teller, and $1.95 when you withdraw money from an ATM.