Chime Partners With Walgreens to Offer Users Fee-Free Depositing

December 13, 2021, 2:00 PM UTC

Financial-technology firm Chime said customers can now deposit cash at more than 8,500 Walgreens Boots Alliance Inc. locations, another example of non-banks pushing deeper into consumer finance.

Users of Chime accounts won’t have to pay any fees for the service, the San Francisco-based company said in a statement Monday. The firm, which partners with banks to offer checking accounts and other financial services, said about 78% of the U.S. population lives near a Walgreens location.

“We know having access to a physical location for cash deposits is important to our members, and until recently, the options have been limited,” Chime ...

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