You are currently viewing 2023 Review In Progress

2023 Review In Progress

They are looking for solutions that match their lifestyle. Digital banking solutions can be accessed quickly and easily from any device. Current is a company that is becoming popular. Making banking easier is one of the things these companies offer.

Current isn’t a bank in the traditional sense. Current combines the benefits of a traditional bank with innovative technology to offer banking services. They are a financial technology company that bundles online banking services with a premium rewards program tailored to the user’s lifestyle. The product has been designed to give users more control over their finances and provide them with an easy and efficient way to manage their money.

If it is a good fit for your personal financial situation, we have included all the details in this Current review. Before making a decision, be sure to compare the features of this Current account with other similar accounts.

or, skip straight to the section on how to sign up for Current.

About Current

Current is part of a new class of online-only banks, which operate without any brick-and-mortar locations. You can use a browser to access Current. You can easily manage your finances with Current.

Current is not a bank. It is a financial technology company that works with banks and other financial institutions to provide its services. It is a financial technology provider. Fintech providers help to improve the efficiency of financial services and give customers a more convenient way to manage their finances. Choice Financial Group is an FDIC-insured financial institution.

To date, Current has racked up roughly $402 million in funding, and it operates out of New York.

Top Features of Current Banking

Here are the top features of banking with Current:

Savings Pods – Earn 4.00% APY

Current can help you put money aside for rainy-day emergency funds or your next vacation. It makes it easy to track your spending and savings goals.

All payments are rounded up to the nearest dollar and the remaining balance is put toward the savings goal of your choice. It’s easy to save without having to think about it. 25x the national average of 0.13% is what you earn on your savings. It’s an easy way to start building your savings.

Overdraft Protection

Current has a version of overdraft protection called Overdrive. Current’s Overdrive feature helps keep you in control of your money, with no fees or interest applied to purchases. To access it, you need to enroll in a At least $500 is deposited into the premium account each month. You will have access to exclusive offers with a premium account.

You will get $25 of overdraft protection. If you don’t have enough money in your account, you can use it up to $25. You have to ask the bank for a review if you want more. If you keep up with your payments, you will have a positive effect on your credit score. It is possible to get up to $200 of coverage once your financial profile is strong. If you don’t currently have a health insurance plan, this coverage can be used to provide basic coverage. Your purchase will decline if you go over this amount. You will not be able to exceed the limit if you check your purchase amount before submitting.

Get Paid up to 2 Days Early

Current delivers paychecks up to two days faster than traditional banks. When you sign up for direct deposit with your Current account, your employer will pay you out early because Current won’t hold the funds.

Current Visa Debit Card

Current is significant because not all online banks issue debit cards. It is important to note that online banks have different features than traditional banks. So if you go out to a restaurant or a ballgame, you’ll be able to use your Current debit card the same as you would when using a Bank of America or Wells Fargo card. convenience and peace of mind can be provided by having a Bank of America or Wells Fargo card.

Teen and Child Banking

Are you looking for a card for your kids? Our debit cards are designed with your children’s safety in mind, so you can have peace of mind that they will only be able to spend what is available in their account. Current has a solution for that, with debit cards for children and teenagers.

The account is in the hands of the parent or caregivers. You can place spending limits, block merchants, and receive notifications about when and where your child’s card is being used. For parents who want to monitor their child’s spending, these features can provide peace of mind.

Debit Card Rewards

Current has a points system. Cardholders can use their points to redeem a variety of rewards. You can earn up to 15x points and get cash back on your purchases with a standard debit card. You can easily track your spending and get real-time updates on your transactions.

It’s easy to find offers around town. It’s easy to save money on your favorite products and services. You can find a nearby deal by looking at the company’s mobile map. If you buy something at a participating retailer, you will receive points. You can redeem points for rewards such as free food, discounts, or exclusive offers.

You need 100 points to get $1. You can earn points by completing tasks. It is not the most lucrative system. If you want real rewards, you should look for a top cash back credit card. With a top cash back credit card, you can save money on everyday purchases and get the most out of your spending.

Virtual Cards

A virtual card is also provided by Current. This virtual card can be used for online purchases. You can use this card to make purchases. You can make payments with your phone or other mobile device.

Money can be moved back and forth between physical and digital spending with a virtual card. You can easily track your spending and budget with a virtual card. If you need to check your finances at any time, you can pause the card. You can set up reminders so you never miss a payment.

Cash Deposits

It can be difficult to deposit cash and checks online. It is important that you are familiar with the process and follow all safety protocols. Money can be deposited into a third-party checking account at most online banks. This is a secure way to transfer funds and usually only takes a few days. This takes extra time and is inconvenient. It can be frustrating when things don’t go as planned.

Current has a solution. While waiting for a more permanent solution, this workaround can help alleviate any frustration. 7-Eleven is one of the popular stores that the company partners with. Customers can easily access the company’s services from almost any location. You can deposit a paycheck into your bank account. You can use the funds to make purchases or pay bills securely.

Current allows you to deposit up to $10,000 per month. If you verify your identity, you can increase your monthly limit up to $20,000. You can make a deposit by telling the cashier your intentions. You can be asked to provide identification, such as a driver’s license or passport. Pull up a barcode in the app and have the cashier take a receipt. You will be able to view your transaction information at the end of the purchase. Savings are quick and convenient.

ATM Access

There is no ATM fee for access to more than 55,000 ATMs through the Allpoint network. It makes banking more convenient for customers who don’t like paying ATM fees. Finding one shouldn’t be a problem. Pull up the app, click on the ATM locator, and you’re good to go. Before you make your withdrawal, be sure to double-check that the ATM is free.

Online Only

I don’t like going into banks to complete transactions. You don’t have to go into a bank in order to complete transactions with online banking and mobile banking apps. Current will not have an issue with that because the experience is completely mobile. You can use the Current app to manage your mobile banking needs if you have anANDROID or ios device. The Current app makes mobile banking more convenient.

Budgeting Tools

Current has a budgeting tool that shows where your money is going and how much you have left to spend. With this tool, you can easily keep track of your finances and make changes to your budget as needed. That being said, if you’re looking for the best budgeting apps that can track all of your accounts and spending, we’ve reviewed them all and recommend YNAB or Goodbudget.

Pricing & Fees

It’s completely free to sign up for a There is no minimum opening deposit or minimum balance requirement. It is an ideal solution for people who want to manage their funds in a convenient way. Many traditional banks charge monthly maintenance fees, but this is not the case. Banking with this institution is a cost-effective and attractive option because of the absence of these fees.

Current Basic vs. Current Premium

Current does not charge a monthly fee to access Premium account features. The credit will be given to customers who have already paid the monthly fee. The Premium account gave users extra perks. Everyone can take advantage of the new benefits.

Basic Current account (Free)

  • Free current visa debit card
  • 1 savings pod
  • Single budget category
  • Spending insights
  • Instant purchase notifications
  • No overdraft fees
  • No monthly fee
  • Direct deposit
  • ATM withdrawals

Premium Current account ($4.99 per month) Free

  • Premium debit card
  • Three savings pods
  • Early direct deposit access — two days early
  • Spending insights
  • Instant refund for gas station holds
  • No overdraft fees
  • Expanded budgeting with three categories
  • ATM withdrawals

The two accounts are very similar. Overall, they both offer a great way to save money and the decision of which one to use may come down to personal preference.

The time value of money makes early deposit a nice feature. Money is worth more today than it is tomorrow. The value of money is affected by inflation. Since the Premium plan costs $4.99 per month, it negates its value. The Premium plan gives access to exclusive features that may be worth the cost.

It’s also hard to justify the paid model, considering there are free budgeting apps that can work with Current — like Mint and

Current logo


Current brings premium financial services to everyone with a variety of modern lifestyles to help improve their financial outcomes. Current’s suite of products ensure that customers are in control and have access to the financial tools they need to achieve their goals. Current’s suite of products ensure that customers are in control and have access to the financial tools they need to achieve their goals.

Current Promotions for 2023

Here are the top promotions for Current:

Referral Bonus

The company will give you a $1 bonus if you refer someone. The person you refer will get $25 when they sign up. The referral fee is lower than other banks. It is still a generous offer and should be taken seriously. Your network and advice have a lot of value. By taking advantage of the advice that you receive, you can open up a world of opportunities. You should get adequate compensation if you sign someone up for a banking service. Before you recommend someone, look around and explore your options.

Current Signup Bonus

Current has a $50 bonus if you receive a payroll direct deposit of $200 or more within forty-five days of opening the account. The bonus is only available to new customers. The code WELCOME50 is used to access the promotion. This is only for new Premium members. If you aren’t a new Premium member, you can check out our other memberships.


Are you unsure about mobile banking? You can always reach out to your bank’s customer service team for help. That’s understandable. Current is an app that you can trust.

Here’s a breakdown of some of Current’s security features:

  • Private and secure bank connections are offered by the company. It is possible to transfer money from companies like Wells Fargo and Chase. These companies have a long history of providing reliable and secure banking services, making them an ideal choice for money transfers.
  • li id=”h-secure-transactions” An extra layer of security is provided by the chips. Current gives you peace of mind. Current makes sure that your money is protected.
  • Want to use facial features to protect your account? With the added protection of face ID and fingerprints, you can be sure that your data is safe. Extra security is supported by fingerprints and face ID. Users can access their accounts quickly and securely without having to remember complicated passwords.
  • Pause and resume transactions when you lose your wallet. If your wallet or card is lost, pausing and resuming transactions can help protect you. Current has you covered when it happens to the best of us. With Current’s help, you can get back on track, no matter how hard you try. You can lock your card by signing into the app. No one else will be able to use your card if you locked it. At any time, you can resume. When you decide to resume, you will be welcomed back with open arms.

Customer Support

Current doesn’t have a customer service phone number on its website. If you need assistance with your Current account, please visit the “Help & Support” page on our website. You will have to look elsewhere if you prefer phone support. There are a lot of other customer service options.

Instead, the company asks you to submit tickets through its support center. There is a live chat feature on the website. 24 hours a day, 7 days a week, the live chat feature is available. The customer service has great reviews, and chat agents are available 24/7. The company is always looking for ways to improve their services and strives to provide the best customer service possible.

Pros and Cons

Lets cover some of the advantages and disadvantages of Current banking:


  • Well-rated mobile app
  • Fee-free cash withdrawals at more than 55,000 ATMs
  • No monthly fee or minimum deposit requirements
  • Teen banking option is a solid choice for kids


  • Fees to deposit cash
  • No mobile check deposit
  • $500 maximum daily ATM withdrawal limit
  • No physical branches
  • No customer support phone number

Alternatives to Current

Here are some alternatives to Current banking:


Aspiration Spend and Save logo

Aspiration Spend and Save

You can earn cash back on your purchases with Aspiration.

Ally Bank

Ally Bank is a popular online bank offering industry-leading rates for checking, savings, CDs, and IRAs. There are no account minimums or monthly maintenance fees in the company’s app. Users can easily track and manage their investments with the app.



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