Chime is not a bank babe

Chime is not a bank babe. I just watched a Chime commercial and it is highly diabolical that Chime is calling itself America's number one stop for banking. And in the fine print it literally says not a bank. It's a fintech company. It's a technology company. Girl. And they legally have to put that because people really think that Chime is a bank. And the reality is, girl, no. Chime is not a bank. Chime is the technology company that links back to two different banks. So when you put your money in Chime, Chime doesn't have a banking system. Chime is sending your money, probably a collective group of people's money to these other banks that are FDIC insured, okay? Chime itself is not FDIC insured, girl. So what that means is if Chime falls off the face of the earth tomorrow, Chime isn't going to give you any of your money. You have to go and figure out which bank your money is at, okay? And go through them to get your insurance for whatever money, God forbid something happens to it, right? 10 out of 10 would recommend using an actual bank. There's so many options out there and I know the girls love Chime because it's easy, but it's easy because it's a tech company, girl. That's why. That's why. Put your money in an actual bank where you can actually like speak to a real banking representative. You can get to an ATM if you need it, girl. Do that. 10 out of 10 would recommend using an actual bank.