Chime Online Banking vs. E*TRADE

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Chime
Score 4.7 out of 10
N/A
Chime is an online banking solution from the company of the same name in San Francisco, allowing users to track account balances, daily transactions, and savings from anywhere with the Chime mobile app, and get daily balance notifications and instant transaction alerts any time for use of the included Chime Visa Debit Card.N/A
E*TRADE
Score 4.4 out of 10
N/A
E*TRADE is a financial services company and pioneer in the online brokerage industry. Having executed the first-ever electronic trade by an individual investor more than 30 years ago, the Company focused on delivering complete and easy-to-use solutions for traders, investors and stock plan participants.N/A
Pricing
Chime Online BankingE*TRADE
Editions & Modules
No answers on this topic
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Offerings
Pricing Offerings
ChimeE*TRADE
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details$0--Stocks, options, and ETFs/ $0.65 50¢ with 30+ trades per quarter--Options contracts/ $1.50--Futures contracts/ $1.00 per bond, (minimum $10, maximum $250)--Bonds (online secondary trades)
More Pricing Information
Best Alternatives
Chime Online BankingE*TRADE
Small Businesses

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Coinbase
Coinbase
Score 8.0 out of 10
Medium-sized Companies

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Coinbase
Coinbase
Score 8.0 out of 10
Enterprises

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All AlternativesView all alternativesView all alternatives
User Ratings
Chime Online BankingE*TRADE
Likelihood to Recommend
4.5
(4 ratings)
3.7
(6 ratings)
Support Rating
1.0
(1 ratings)
-
(0 ratings)
User Testimonials
Chime Online BankingE*TRADE
Likelihood to Recommend
Chime
It is very helpful for me. It is reliable and simple to use. The Sign-up process of Chime Online Banking was simple and I was able to easily set up a direct deposit and link my bank account. It keeps me updated on every purchase I do from my account. The best thing is that it's free and has no hidden charges or paycheck fees. It has a special feature called SpotMe where they will cover your overdraft in a very neat way.
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E*TRADE
It is well suited for investment in common stocks, bonds, and other commercial paper. It is well suited for purchasing foreign stocks. It is not presently appropriate for other investment opportunities involving private stocks or limited issues. Extracting funds can be a challenge from time to time. Collecting data on investment opportunities is not always easy to do.
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Pros
Chime
  • Ease of use
  • Simple interface within the application.
  • Helpful support, when needed.
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E*TRADE
  • Gives you graphic on how a stock is doing.
  • Gives you some insight to the company background.
  • Lets you track how your investments are doing.
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Cons
Chime
  • Their CC is hard to figure out.
  • Website could be streamlined.
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E*TRADE
  • summary page needs to have more details like it doesn't show current market price for an option purchased
  • purchase or sell needs to be user friendly so it takes less time.
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Support Rating
Chime
When my money was stolen from my account I was told there would be an investigation between 15-45 days. They didn't investigate at all. The next day I was denied my claim after being robbed for $850.
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E*TRADE
No answers on this topic
Alternatives Considered
Chime
First of all, Chime Online Banking is really the best option for new users. The User Interface and User Experience of the Chime app are really great. There are comparatively faster money transactions with Chime Online Banking and it has no fees at all. It is more reliable. It also allows you to lock your card if it is stolen or lost which is a great feature. At last, it is more rewarding than other online banking services with a great team of customer grievances.
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E*TRADE
E*TRADE allows ease of use and reasonable fees. We selected E*TRADE because they offer the set of applications we were seeking. We do not have to pay for expensive service access that we do not use. E*TRADE is compatible with our systems and their reporting has been simple to integrate into our systems.
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Return on Investment
Chime
  • Positive ROI by way of quick and easy transactions.
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E*TRADE
  • Limit how much you want invest.
  • This is an open trade website and there is a risk of losing your money based on your investments.
  • If you make some sound investments and keep yourself within a budgeted spending limit there is the opportunity to make money on e-trade.
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