Chime vs Bank Zero.
Chime (C74/100) and Bank Zero (B50/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. Chime leads Bank Zero 6-0.
| B Bank Zero №75 · SARB 50 /100 | C Chime №23 · FDIC 74 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 50 /100 | 74 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | 2.00% | Interbank |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Payment inst. SARB | Partner-bank FDIC |
| Deposit guarantee Per depositor | Safeguarded ZA.CODI | $250,000 US.FDIC |
| Reach | ||
| Markets served Licensed jurisdictions | 1 country | 1 country |
| Crypto Coins available | No | No |
| Stocks & ETFs Self-directed | No | No |
| UX | ||
| Trustpilot Customer score | — | 4.0 ★ 25k reviews |
| App store iOS + Android avg | 4.5 ★ iOS 4.5 · And 4.4 | 4.8 ★ iOS 4.8 · And 4.7 |
| Read review → | Read review → | |
Pick Bank Zero if…
South Africa's first fully-digital mutual bank — SARB-licensed since 2018, operationally live since 2021. Founded by ex-FNB executives (Yatin Narsai, Michael Jordaan). Owner-operator model: no shareholders, profits flow back to depositors via lower fees and competitive sub-account interest. The fee-free counterpart to Discovery Bank's premium tier-based model.
Pick Chime if…
Pick if you want a fee-free US daily-banking account with FDIC pass-through coverage and 60k fee-free ATMs.
- Best for fees Chime won 1 of 4
- Best for protection Chime won 2 of 2
- Best for reach Tied
- Best for ux Chime won 2 of 2
Chime vs Bank Zero — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Bank Zero better than Chime?
Under our v3 methodology, Chime leads Bank Zero 6–0 across 12 dimensions. Composite scores: Bank Zero 50/100 vs Chime 74/100. Chime is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Bank Zero or Chime cheaper?
Monthly fee — Bank Zero: €0; Chime: €0. Card FX markup — Bank Zero: 2.00%; Chime: Interbank. Chime wins more fee rows (1 of 4). See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Bank Zero or Chime?
Bank Zero holds a Payment inst. licence under SARB; deposit guarantee per depositor: Safeguarded. Chime holds a Partner-bank licence under FDIC; deposit guarantee per depositor: $250,000. Chime is the stronger pick on regulatory protection.
Where can I use Bank Zero and Chime?
Bank Zero operates in 1 country; Chime operates in 1 country. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.
Want a 3- or 4-way comparison?
The dynamic compare picker handles up to four banks. Add this pair plus one or two more and we'll resolve every row.