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Monday, December 23, 2024
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    HomeJacquelyn LobelPayday, explained

    Payday, explained

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    Just like you can’t control the bus schedule, you can’t control your paycheck schedule – which leaves you stuck on someone else’s clock, even though you’ve already worked hard for that money. But have you ever wondered… why? to do Do we get paid every two weeks? We teamed up with rappers Vince Staples and the Chim to dive deep into this bi-weekly mystery and why our old system isn’t keeping up with the needs of today’s workforce.

    Good news? MyPay™ from Chime can help MyPay lets you receive up to $500* of your paycheck before payday, giving you the freedom to jump on last-minute deals, manage unexpected expenses, and gain more control over your finances without waiting on someone else’s schedule.

    Join Vince as he embarks on a journey of epic proportions through the history of the pay cycle, and discover how MyPay offers a new way to get paid when you need it.

    visit chime.com/mypay Find out how you can take control of your salary today.


    The Bancorp Bank, NA or Stride Bank, NA MyPay services are MyPay™ lines of credit provided by Chime Capital, LLC (NMLS 2316451).

    *To be eligible for MyPay, you must accept eligible direct deposits to your Chime checking account as described in the MyPay Agreement. A qualified direct deposit is a deposit from an employer, payer, gig economy provider, government benefits provider, or other approved source of income by Automated Clearing House (“ACH”) or Original Credit Transaction (“OCT”). Your MyPay credit limit and maximum available advance may change at any time. MyPay is a line of credit and available limits are based on estimated income and risk-based criteria. Eligible members may be granted a $20 – $500 credit limit per pay period. Your credit limit and maximum available advance will be displayed to you within the Chime app. MyPay is currently only available to eligible Chime members in certain states. Other restrictions may apply. See Bancorp MyPay Agreement or Stride MyPay Agreement for details.

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