How To Send Money From PayPal To Chime (2 Easy Ways) (2024)

It is of no doubt that PayPal is one of the most popular online money transfer platforms. Nowadays, many individuals own a PayPal account. PayPal provides you with an easy and convenient way to send and receive money online and is also compatible with many online stores.

Several individuals are also beginning to use Chime, which is a similar service that allows you to transfer money between accounts. One of the key advantages that Chime has is the fact that you can transfer money without incurring any fees. Reason why many people are eager to get their money into their Chime account.

In case you do not yet have a PayPal account, you can learn how to set up a PayPal account here.

What is PayPal?

According toWikipedia, PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial users, for which it charges a fee.

Can I send Money From PayPal to Chime?

Yes, you can transfer funds from PayPal to Chime. However, you'll need to link PayPal to Chime for this to work. To connect PayPal to Chime, you need to: Log into your Chime account to get your Chime account and routing numbers.

How to Transfer Money From PayPal to Chime

To send money from PayPal to Chime, you can follow these steps:

1. Log in to your PayPal account.
2. Click Transfer > Bank Account.
3. Select Chime from the list of banks.
4. Enter your Chime account number and routing number.
5. Enter the amount of money you want to send.
6. Review the transfer details and click Send.

The transfer will typically take 1-5 business days to complete.

Note: PayPal charges a fee of 2.9% + $0.30 to send money from PayPal to a bank account. However, there are a few ways to avoid this fee:

• Use your PayPal balance: If you have a PayPal balance, you can send money to your Chime account for free.
• Link your PayPal account to your Chime card: If you link your PayPal account to your Chime card, you can send money to your Chime account for free, up to $1,000 per month.
• Use a third-party service: There are a number of third-party services that allow you to send money from PayPal to your Chime account for free. However, be sure to research the service carefully before using it, as some services may charge fees or have other downsides.