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Chime Online Banking vs. Velmie

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Chime

    Score10 out of 10
    N/AChime 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

    Velmie

    Score8 out of 10
    N/AVelmie is a financial technology provider that has been on the market for more than 10 years delivering back end, mobile and web solutions to enterprise financial institutions and entrepreneurs, headquartered in Vilnius, Lithuania. Focusing on finance technology and the biggest problems organizations face with pursuing the customers' demand and competition, Velmie focuses on building the products to help the financial companies to innovate, stay agile and customer-centric.N/A
    Pricing
    ChimeVelmie
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    ChimeVelmie
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    User Ratings
    ChimeVelmie
    Likelihood to Recommend
    1.7
    (4 ratings)
    8.0
    (1 ratings)
    Support Rating
    1.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    ChimeVelmie
    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.
    Incentivized
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    Velmie
    We began using Velmie in 2016, and have had a good experience with them. They are technically competent, and have done consistent work. As mentioned earlier, communication has become more difficult as of late. That said, our relationship continues, and as the review reflects, we are generally satisfied
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    Pros
    Chime
    • Ease of use
    • Simple interface within the application.
    • Helpful support, when needed.
    Incentivized
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    Velmie
    • They have experience with social media APIs
    • Initially, they were responsive
    • The system did function, reasonably well for the initial few years.
    Read full review
    Cons
    Chime
    • Their CC is hard to figure out.
    • Website could be streamlined.
    Incentivized
    Read full review
    Velmie
    • As they've grown, a little more complicated to communicate.
    Read full review
    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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    Velmie
    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.
    Incentivized
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    Velmie
    At the time we selected them as a vendor, we believed they were our best solution. They continue to support and maintain the system
    Read full review
    Return on Investment
    Chime
    • Positive ROI by way of quick and easy transactions.
    Incentivized
    Read full review
    Velmie
    • Initially they helped us support our users.
    • When we have hit bumps, we have been able to work through them, an important quality.
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    ScreenShots