Chime Online Banking vs. Velmie

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Chime
Score 9.7 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
Velmie
Score 8.0 out of 10
N/A
Velmie 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
Chime Online BankingVelmie
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
Community Pulse
Chime Online BankingVelmie
User Ratings
Chime Online BankingVelmie
Likelihood to Recommend
1.7
(4 ratings)
8.0
(1 ratings)
Support Rating
1.0
(1 ratings)
-
(0 ratings)
User Testimonials
Chime Online BankingVelmie
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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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.
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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.
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Cons
Chime
  • Their CC is hard to figure out.
  • Website could be streamlined.
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Velmie
  • As they've grown, a little more complicated to communicate.
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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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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.
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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
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Return on Investment
Chime
  • Positive ROI by way of quick and easy transactions.
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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