When you have money in a non-traditional bank account, it can make things more convenient. Having a PayPal account along with a Chime account gives you an opportunity to pay for things online and enjoy many of the other conveniences that one would naturally enjoy with a traditional bank account. The difference is that you don't usually get stuck with the same fees that you would be forced to pay if you had a bank account. That can make things more convenient, but it can also be a source of frustration, especially if you don't know how to transfer money from one account to the other and you have a specific need to do just that. In this particular case, it comes down to learning how to transfer money from PayPal to Chime. Once you learn how to do that, then it shouldn't be a problem to transfer funds to a specific bank account or do whatever you need to do in order to get your money in the specific account it needs to be in so that you can pay for purchases and get your bills covered.
Transferring Money from PayPal to Chime
So, how exactly are you supposed to transfer money between PayPal and Chime? It might seem a little confusing at first, but it's really not as hard as a lot of people think it is. The first thing you need to do is get a Chime account if you don't already have one. From there, go to your PayPal account and open a new bank account that can be linked to your Chime account from PayPal. When you're creating this new account, be sure to use the account number and routing number of your Chime account so that this particular account will be linked to your PayPal. Once the two are linked, then you should then be able to transfer money between them without any issues whatsoever. What happens if you can't figure out how to make this work or you run into some type of problem along the way? Fortunately, PayPal is fairly easy to deal with. If you have a problem, you have the option to have someone from PayPal contact you by telephone. From there, you have the opportunity to talk to an actual human being who can help you with the problem. Of course, it's best to stay close to your laptop so that you can work through all of this while you're actually on the phone. If you don't have your laptop nearby, you can certainly use your tablet or even another smartphone. As a last resort, you can put your smartphone on speaker and go to your PayPal app in order to do what needs to be done. Just be careful to make sure that you don't accidentally hang up on the person on the other end of the line who's trying to help you in the process.
Making it Work Step-by-Step
What if you want to link these two accounts, but the process just isn't clear? What if you read the above paragraph and you still don't know exactly what you need to do? That's perfectly fine. As a matter of fact, it happens to people all the time. As a result, here is a step-by-step account of what you need to do. It will make the entire process go much more quickly and with a lot less headache to boot. The very first thing you need to do is write down the account number and routing number for your Chime account. This is all going to be information that you will need later, so make sure you have it handy. You can log into your Chime app, click on account information and get the two numbers. Next, you need to link your PayPal and Chime accounts together. Go into your PayPal account and find the “Pay and Get Paid” section that's in the top navigation bar. From there, click on the option that says “Wallet” and then click on the one that says “Bank and Cards”. You will be asked if you want to add a new bank account. You should click yes and then add the Chime account and routing numbers when prompted to do so. It's worth noting that Chime is not included in a list of banks that typically populate automatically, so you'll have to enter all of the details manually. It's also critical that after you do this, you click on the box that says “link your banks”. Otherwise, it won't work. Last but not least, do a test to transfer just to make sure that everything works properly. It can be as little as $1. You just need to know that it works.
If you do run into any problems, it's probably because you forgot to select a particular box. When you select Chime as your bank, you'll need to be sure and select the option that says it's a personal account, not a commercial one. Otherwise, you'll run into certain issues that will likely prevent you from transferring money from one to the other. As a result, it's important to be meticulous with everything. You don't want to do this when you're in a rush because you'll end up missing something and you'll have to go back and do the entire process again. Give it time, make sure that you read everything on your screen fully before proceeding to the next screen and ensure that you check all of the boxes as they come up. Again, it's important to remember that if you need to, you can always contact customer support and get some help that can prove invaluable if you're having a genuine problem that is preventing you from adding this account successfully. Once you've added the new account and you've linked the two accounts together, you can then transfer money from one to the other seamlessly. This gives you more freedom and flexibility when it comes to purchasing options. If you do have a traditional bank account and have it linked, you can also effortlessly transfer money between these two accounts and your personal checking or savings account.
Written by Allen Lee
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