Suggestion ☝️🤓: Chime should wait until payday to take the MyPay repayment.
This is the first time this has happened to me since switching to Chime over a year ago. About me: I use MyPay every pay period, and I make sure to budget it well so I’ll have enough to pay what needs to be paid. My MyPay is paid in full every payday, and has been for since using Chime.
I already know about how Chime now uses all deposits to pay MyPay, buuuut I thought it was for when you are late paying MyPay. My next direct deposit is set for May 28th (via the app, so it knows when I get paid), but the automated system still took a partial payment. I had some money transfer over from a reselling app to my debit card, and Chime used the little cash transfer to partially pay off my MyPay advance. The only problem is that when the automated system “partially paid” my MyPay advance it brought my account to $0. I will admit that I was in the negatives, but with the cash transfer it would have jumped well above $0, and I wouldn’t have needed to take out another advance or use SpotMe.
Overall, I don’t hate Chime for this. All of these banks have things about them that make no sense sometimes. I absolutely love Chime, and it’s helped me out many times. I just needed to complain a bit, and hopefully warn someone else that this is a real thing that happens. I used to read posts like this a think, “This never happened to me, and probably never will.” Yall I was WRONG. lol. If you made it this far, I hope you have a good day/night. ✌️