Can I withdraw $5000 from Chime? If you’re hitting an ATM with your Chime Visa® Debit Card, hoping to pull out $5000 for a big purchase like a car or rent, you might wonder about the Chime withdrawal limit. Wondering how much you can withdraw from Chime? We’ll explain 2025 ATM, OTC, and cash-back limits to help you manage big expenses.
Chime’s Daily Withdrawal Limits: The Basics
Chime sets daily caps to protect accounts and manage cash flow. Here’s the deal, per Chime’s official help page and user reports:
- ATM Withdrawals: $515 per day. Some Reddit users on r/chimefinancial claim limits up to $3,030, possibly due to account history, but Chime’s standard is $515.
- Over-the-counter (OTC) Withdrawals: $515 per day at banks or credit unions.
- Cash Back at Point of Sale (POS): Up to $515 per day, varies by merchant (e.g., Walmart, CVS).
- Total Daily Spending Limit: $2,500, including ATM, OTC, cash back, and card purchases.
- Credit Builder Card: $1,015 per day for ATM withdrawals, separate from debit card limits.
Can you withdraw $5000 in one go? No, Chime’s $515 ATM and OTC limits, plus the $2,500 total spending cap, make it impossible to pull $5000 in a single transaction or even a single day. But don’t sweat—there are ways to get there!
Why the $5000 Limit Is Tricky
Chime’s $515 ATM limit resets daily at midnight Mountain Standard Time (MST). Even if you hit multiple ATMs, you’re capped at $515 total per day. OTC withdrawals (e.g., at Wells Fargo) also max out at $515, and cash back at stores like Walgreens varies (often $40-$100). The $2,500 daily spending limit further restricts combining methods. Reddit users on r/chimefinancial report challenges with large withdrawals, like one user needing $2500 for a car purchase.
Chime, a fintech platform, sets withdrawal limits to enhance security, per industry standards.” Cite PYMNTS.com. But for users like you, it’s a hurdle when $5000 is on the line.
How to Withdraw $5000 from Chime: Step-by-Step
You can’t get $5000 in one day, but here’s how to reach it over multiple days or methods, inspired by X and Reddit tips:
- Check Your Limits in the Chime App:
- Open the Chime app, tap “Profile,” then “Account Info,” and select “View Limits.”
- Confirm your ATM ($515), OTC ($515), and cash back ($515) caps. Credit Builder users get an extra $1,015 ATM limit.
- Example: X users suggest checking the Chime app to plan withdrawals over days.
- Use Multiple Days for ATM Withdrawals:
- Withdraw $515 daily from fee-free ATMs (MoneyPass, Visa Plus Alliance, 50,000+ locations like Walgreens).
- Over 10 days, that’s $5,150 ($515 x 10). Use Chime’s ATM locator in the app to find spots.
- Tip:Reddit users recommend smaller ATM withdrawals (e.g., $400) to reach larger sums over days .
- Combine with OTC Withdrawals:
- Visit a bank (e.g., Chase) with your Chime debit card for a $515 OTC withdrawal daily ($2.50 fee possible).
- Pair with $515 ATM withdrawals daily to hit $1,030/day. In 5 days, you’re at $5,150.
- Example: Reddit users on r/chimefinancial suggest combining OTC and ATM withdrawals to reach $5000 over days.
- Max Out Cash Back at Stores:
- Get cash back at Walmart ($100 max) or CVS ($40-$100) during purchases.
- Do multiple transactions (e.g., 5 x $100 at Walmart = $500). Combine with ATM/OTC for ~$1,530/day.
- X users suggest small purchases (e.g., $0.37 candy) at CVS for cash back without raising flags.
- Use the Credit Builder Card (If Applicable):
- If you have Chime’s Credit Builder, withdraw up to $1,015 daily at ATMs, separate from debit limits.
- Combine with $515 debit ATM for $1,530/day, hitting $5000 in 4 days.
- Example: Reddit users on r/chimefinancial report using Credit Builder and debit cards to withdraw large sums over days.
- Contact Chime for a Temporary Limit Increase:
- Call Chime at 844-244-6363 or chat in-app to request a one-time limit bump for emergencies (e.g., car purchase).
- Some r/chimefinancial users say contacting Chime can lead to temporary limit increases for urgent needs.
- Note: Increases depend on account history—regular deposits help.
Workarounds and Tips
- ACH Transfers: For large sums, transfer funds to another bank account (no Chime limit) and withdraw there. Takes 1-3 days but avoids caps.
- Fee-Free ATMs: Use Chime’s 50,000+ in-network ATMs (Walgreens, 7-Eleven) to skip the $2.50 out-of-network fee.
- Split Transactions: If an ATM caps at $400, do back-to-back withdrawals.
- Safety First: Protect your funds by securing your PIN and inspecting ATMs for fraud devices.
What About Chime Savings Accounts?
You can’t withdraw directly from a Chime Savings Account via ATM. Transfer funds to your Checking Account first:
- In the Chime app, tap “Move,” select “Savings” as “From,” and “Checking” as “To.” Enter the amount and confirm.
- Takes seconds, then use your debit card for withdrawals.
Want to maximize your Chime Savings? Check our Chime Savings Account Guide!
FAQ: Chime Withdrawal Limits
- Can I withdraw $5000 from Chime in one day?
No, the $515 ATM/OTC and $2,500 total spending limits prevent it. - How do I check my limits?
Chime app > Profile > Account Info > View Limits. - Can Chime increase my limit?
Contact 844-244-6363; increases depend on account history.
Final Thoughts
Withdrawing isn’t possible in one day due to the $515 ATM/OTC and $2,500 spending limits, but you can hit your goal over days using ATMs, OTC, cash back, or the Credit Builder card. Check your limits, use fee-free ATMs, and consider ACH transfers for big sums. Questions? Email [contact@bankingwithchime.com].
Visit chime.com for official account details.