Welcome to the discussion on the challenges some members have faced with Chime Bank closing their accounts due to the nature of their income. This conversation provides insights and alternatives for banking solutions that are friendly towards the adult industry.
- Several members have experienced account closures by Chime Bank, suspecting it's due to their profession in the adult industry, even though deposits were not directly labeled as such.
- Questions arose about whether Chime, being a virtual bank, has policies against adult industry income and the importance of reading and understanding bank TOS.
- Alternatives like Paxum, Payoneer, TransferWise, Neteller, and traditional banks such as Wells Fargo and Capital One were discussed as potential banking options that might offer more reliability and acceptance of adult industry transactions.
- Members shared experiences with account closures not only linked to the adult industry but also to high-frequency transactions, suggesting that fintech solutions might automatically suspend accounts due to intense activity.
- There were also mentions of issues beyond account closures, such as hacking concerns with Chime and recommendations for other prepaid cards like Greendot and Netspend for their benefits, including cashback and overdraft protection.
- Links to news articles were provided to discuss past outages and issues with Chime, highlighting the importance of choosing a reliable banking partner.
This discussion underscores the importance of selecting the right financial institutions for professionals in the adult industry, considering policies, security, and reliability.