Usually, a lot of Payactiv users send us messages asking, does Payactiv work with Chime. So today we shall give you all the details on using Chime with Payactiv.
That is not an out-of-space question because the services offered by these two mobile finance applications are similar.
Well, in this guide, diligence will be done to this question. I urge you to kindly read the paragraphs of this article to erase your uncertainty.
To set the basis for answering this question, let’s refresh ourselves on Payactiv and its services. Payactiv is a cash advance app that allows employees to access earned wages before payday.
This means an employee can cash out their salary before setting a date for payment. This payment option provided by payday is only valid two days before payday.
Though employees widely use Payactiv, It does not exempt from everybody is welcome to use it. Even when your employer hasn’t signed up for the service yet, you request the Payactiv Visa card, which works synonymously as the mobile app.
With Chime also offering the same financial services as Payactiv, it is not surprising that many tend to think if they support each other or allow users to transfer money from one another.
The services of Payactiv extend beyond making a cash advance. It includes paying bills, budgeting, and savings.
Now that we have briefed ourselves on Payactiv, let’s go on and serve the main menu, “Does Payactiv work with Chime?”
Does Payactiv Work With Chime
Payactiv allows funds to transfer to various cards and bank accounts. That means you can send and receive money to your account if approved.
In instances where you get a message that reflects your bank is supported, you can contact their customer support for the appropriate solution.
What Bank Does Payactiv Use
The central bank of Kansas City powers the financial services of Payactiv. The Payactiv visa card, which works just like the application, is issued by the same bank, member FDIC.
How Long Does It Take To Receive Funds From Payactiv
48hours. It takes a maximum of 48hours from when the request was made on the Payactiv platform to get your fund. This applies to bank cards and other cards.
However, payment to Payactiv visa cards is instant. This means it reflects in real-time once the transaction process is complete.
Can I Overdraft My Payactiv Card
No, this feature is not allowed on Payactiv visa cards. However, subsequent reviews can cause this feature to be added to the Payactiv card, but for now, there is no overdraft facility for Payactiv cards.
This is all that we have for you on “Does Payactiv work with Chime.”