Chime Card vs OpenSky Secured Visa
On the standard spending profile Chime Card is cheaper: €0 net per year versus €35 for OpenSky Secured Visa. On cashback OpenSky Secured Visa wins (up to 10%, but the full rate requires Nessuno); for spending abroad FX markup matters, and Chime Card does better (0% vs 3%). The choice depends on your real spending profile: redo the math with your volumes before picking between Chime Card and OpenSky Secured Visa.
| Chime Card | OpenSky Secured Visa | |
|---|---|---|
| Tier | A | A |
| Rating | ★ 4.5 | ★ 4.3 |
| Estimated net annual cost | €0 | €35 |
| Network | Visa | Visa |
| Card type | Credit card | Credit card |
| APR | 0% | 23.89% |
| Issuance fee | Free | €32 |
| Annual fee | Free | Free |
| Free ATM limit | 47.000+ ATM gratuiti (Allpoint) | Not disclosed |
| ATM withdrawal | Free | 5% |
| FX markup | 0% | 3% |
| Cashback | 5% in USD · Nessuno | 10% in USD · Nessuno |
| On-chain settlement | No | No |
| Contactless | Yes | Yes |
| Virtual card | Yes | Yes |
| KYC | Full | Full |
| Privacy | 4/10 | 5/10 |
| Supported countries | US · 1+ countries | US · 1+ countries |
| Regulator | FDIC / OCC | FDIC / OCC |
| OAM Italy registration | No | No |
| Segment | B2C | B2C |
| Past incidents | 2021: a wave of sudden user-account closures with thousands of complaints (ProPublica investigation); Chime later revised its procedures. · May 2024: a ~$4.55M CFPB settlement (customer redress plus a penalty) for delays in refunding balances after account closure. | — |
| Regions | US | US |
| Licences & safety | Partner bank charter | National bank charter |
Frequently asked questions
Chime Card vs OpenSky Secured Visa: which is better?
On the standard spending profile Chime Card is cheaper: €0 net per year versus €35 for OpenSky Secured Visa. On cashback OpenSky Secured Visa wins (up to 10%, but the full rate requires Nessuno); for spending abroad FX markup matters, and Chime Card does better (0% vs 3%). The choice depends on your real spending profile: redo the math with your volumes before picking between Chime Card and OpenSky Secured Visa.
Which is cheaper, Chime Card or OpenSky Secured Visa?
On the standard spending profile Chime Card has the lowest net annual cost: €0 versus €35 for OpenSky Secured Visa.
Which offers more cashback, Chime Card or OpenSky Secured Visa?
OpenSky Secured Visa has the highest cashback: up to 10%. Note the top rate often requires token staking and is subject to spending caps.
Is Chime Card custodial or self-custody?
Chime Card is custodial: funds are held by the platform, while OpenSky Secured Visa is custodial.
Which is better for spending abroad?
For foreign-currency spending Chime Card wins, with the lowest FX markup: 0%.