Western Alliance Bank vs Chime

Western Alliance Bank is a solid bank that offers high APY savings products with a fully digital experience. How does it compare to Chime? Read our comparison chart below.

	Western Alliance Bank	Chime
	SPECIAL OFFER High-Yield Savings Premier - 3.80% APY Read Western Alliance Bank Review	SPECIAL OFFER Get Started - Learn More Read Chime Review
	Benefits and Features
Savings	High-Yield Savings Premier: 3.80% APY	1.00% Annual Percentage Yield (APY).
CD	Up to 4.00%; 2-12 month term CDs. $1 minimum deposit.
Checking	Personal Checking, Personal Interest Checking	No monthly service fee; no minimum balance; no overdraft fees; no foreign transaction fees
Monthly Fee		$0
Minimum Deposit to Open		$0
Mobile App		iOS & Android
ATMs		Over 50,000 fee-free MoneyPass, Allpoint, and Visa Plus Alliance ATMs
Customer Service		24/7
Locations	35 locations	Online only
	CreditDonkey® Reviews
Savings
CD
Fees
Mobile App
Customer Service
Checking
Pros & Cons	Pros: High APY No account activity or maintenance fees Cons: No debit card or checks	Pros: No account fees Get paycheck 2 days early Up to $200 overdraft coverage Cons: Hard to deposit cash
Bottom Line	Solid bank that offers high APY savings products with a fully digital experience... Read full review	Banking app that offers an online account with early paycheck access and credit builder features... Read full review
	Visit Site	Learn More
	High Yield Savings Account - 3.80% APY High-Yield CD Rates - Up to 4.00% APY 2-Month High-Yield CD - 4.00% APY	Get Started Personal Checking Account - $350 Bonus Personal Checking Account - $200 Bonus
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Western Alliance Bank: Information sourced from the published website as of 02/21/2026. Chime: Chime is a financial technology company, not a bank. Banking services provided by, and debit card issued by, The Bancorp Bank or Stride Bank, N.A.; Members FDIC.

High-Yield Savings Premier - 3.80% APY

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No account fees
Option to open individual or joint account
FDIC insured up to $250,000 per depositor
Only $500 minimum opening deposit

The annual percentage yield (APY) is accurate as of January 8, 2026 and subject to change at the Bank's discretion. Refer to product's website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY. Member FDIC

High Yield Savings Account - 3.80% APY

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on Raisin's Secure Website

No fees
$1 minimum deposit
24/7 online access
FDIC insured

High-Yield CD Rates - Up to 4.00% APY

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on Raisin's Secure Website

No fees
$1 minimum deposit
FDIC insured

Term	CD Rates
2 Month	4.00% APY
3 Month	4.00% APY
4 Month	4.00% APY
5 Month	3.40% APY
6 Month	3.50% APY
9 Month	3.40% APY
12 Month	3.30% APY

Which is Better: Western Alliance Bank or Chime?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Western Alliance Bank or CIT Bank.

In short: Chime's mobile app is excellent.