The wave of third Chime stimulus check is all set to come. It is time to get ready with your Chime bank account if you want to get paid early with ease of mind
For decades our world has been victim to a broad range of global challenges. But, at present times the consequences which are resulting from Covid19 pandemics are unprecedented and horrible like never before. Since the CoronaVirus pandemic has started, a lot of damage has occurred to our world. By far if there is something good, that is a Chime stimulus check.
Say thanks to the US Government for passing the bill of financial help to all US citizens. Note that last year when the CoronaVirus pandemic was at its peak level and unleashing the wrath on people, the US Government declared an instant relief package totaling some $1.9 Trillion. According to the plan, with the help of the IRS, $1.9 trillion will be sent directly to all the eligible citizens of the US who meet the requirements.
Chime has already processed first and second stimulus checks
Apart from the US Government, Chime online bank is also working in its full capacity to help all eligible people to get financial aid from the US Government directly to the Chime bank account. You will be glad to know that Chime has already processed the payment of $600M to 250K through the Chime first and second stimulus checks. Now the wave of the third Chime stimulus check is coming. That's the reason more and more people could be seen asking questions such as: why didn't I get my Chime stimulus check 2? When and who will get Chime stimulus check 3? After reading this Chime helping post, no doubt will be left in your mind.
Before everything else, let me clear one thing. If you have not received your first or second Chime stimulus check then chances are high that you will not receive your Chime 3rd stimulus check. If you don't want to risk your 3rd stimulus check with Chime, you can contact us and get assisted on call.
Can I deposit my 3rd stimulus check on Chime?
Yes, if you are a verified Chime user, you definitely can deposit your third 3 third stimulus check on Chime. With being a verified user, I mean, you must have verified your account. Plus, make sure that you are eligible for a stimulus check. Lastly, but most importantly, make sure that you have enabled Chime direct deposit on your account. You will get clarification over eligibility criteria in the coming sections.
When will the IRS start sending a third Chime stimulus check?
Take it on a serious note that the IRS has already completed all the formalities. On the basis of the tax reporting of last year(2020), the IRS is going to send $1400 to each eligible person. You can use your bank account to receive your payment. But, Chime is the faster and safer way to get paid early than banks and it is free which is an added advantage.
Who is eligible for a Chime stimulus check?
Tax reporting is one of many main determining factors in deciding who will get the next stimulus check and who will not. Here is a quick introduction to tax based criteria for stimulus check. Be informed that, if you had declared your income less than $75,000 on your last tax return then you are eligible for Chime third stimulus check. All married couples who had declared their combined income less than $150,000 they are also eligible for Chime stimulus check 3. For more information, feel free to get in touch with us.
If you have already set up Chime direct deposit then you are just a one step away from getting your $1400 stimulus check 3 from IRS. But, if you have not set up your direct deposit on Chime already then follow these steps:
Open Chime app on your phone.
Tap the setting button (a gear shaped icon) available at the top left corner.
Now from the drop down menu, select account information and then choose set up direct deposit.
The next screen will open up with Chime routing number and banking details. Copy all these details as it will come to great use subsequently.
Finally, tap the Get Direct Deposit Form to receive the form to your email id.
Fill up the form and upload it to Get My Payment Portal (IRS website).
Make sure you enter the correct Chime routing number and bank details.
How long does it take Chime to deposit a check?
What time does Chime direct deposit hit? It might be your next question. A piece of good news is that Chime does not take as much time as the traditional bank takes. However, there is no specific time frame in which Chime sends stimulus checks to its Chime account users. But, on the basis of past records, we can say that stimulus check payment through Chime direct deposit might hit between 3 to 5 working days. On the other hand, banks normally take 5 to 7 days.