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Current Spend Account

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A New Generation of Money Management Apps

Discover improved finance services and higher yield savings.

Account Types

3

Monthly Fees

$0 - $4.99

Hidden Fees (1)

None

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Product Name

Current Spend Account

Product Description

A flexible account offering exclusive benefits.

ATM Fees

No ATM-fee access at over 40,000 in-network Allpoint ATMs in the U.S. (1)

Cash Back

Earn up to 15x points at over 14,000 participating merchants (2)

Direct Deposit

Get paid up to 2 days early (3)

Overdraft Protection

Overdrafts up to $200 (4) covered with no overdraft fees

Imagine a stress-free financial management experience where you could grow your money, earn cash back rewards, and get paid faster with direct deposit. Perhaps it sounds like wishful thinking, but you can enjoy all these perks and so much more when you open a Spend Account with Current.

What Is Current?

Founded by Stuart Sopp, Current is a financial technology company headquartered in the United States that caters to Americans looking to improve their financial future. It’s not a bank but offers unique banking services through Choice Financial Group, Member FDIC.

Nearly 4 million Americans use Current, and for a good reason. You can earn up to a 4.00% Bonus (5) on your money daily (which is more than what most savings accounts offer), get direct deposits up to two days earlier, rack up generous cash back rewards, make ATM withdrawals without ATM fees (1) , and so much more! Plus, you can manage your account on an ongoing basis from the comfort of your home.

How Does Current Work?

Current’s customers get a Visa debit card and access to an innovative mobile app that’s full of resources to help you level up your finances. The mobile app is available on Google Play and the App Store. You can visit their website and enter your phone number to get a link to the app.

It takes less than two minutes to get started, and you can easily sync your debit card with your existing bank account.

Types Of Accounts Current Offers

Here’s a detailed breakdown of what each Current account offers.

Current Account

The Current Account is available free of charge. Here’s what you’ll get when you sign up.

  • An exclusive card with a secured chip and Tap to Pay
  • Budgets for each category of spending
  • Valuable spending insights
  • Purchase alerts in real-time
  • Early access to direct deposit
  • 3 Savings Pods that earn up to a 4.00% Bonus (5) and pay daily on up to $2,000 in savings pods
  • ATM withdrawals without ATM fees at Allpoint ATMs in the U.S. (1)
  • Instant money transfers
  • Mobile check deposit
  • Overdrive overdraft protection
  • Points for cash back from purchases with over 14,000 participating merchants

Teen Account

The Teen Account has no subscription and features these perks:

  • A Black or White Visa debit card
  • Budgeting and spending insights for one spending category
  • Standard direct deposit
  • Purchase alerts in real-time
  • Immediate release for gas station authorization holds
  • A single Giving Pod

Benefits Of A Current Spending Account

Here is an overview of some features of Current accounts:

Faster Direct Deposit

Get access to your earnings up to two days early (3) when you open a Current Account and enroll in direct deposit. You can unlock this feature directly in the mobile app in minutes.

Points for Cash Back

Use your Current Visa debit card at any of the 14,000 participating merchants throughout the U.S. to earn rewards points. You can get up to 15 points per dollar spent and redeem them for cash or items from the Current Shop (2) .

Overdraft

Overdrive from Current is a form of overdraft protection that helps you avoid overdraft fees. It’s available with a Current Account, and you can draw up to $200 (4) before you’re assessed any overdraft charges.

ATMs

Current account holders can make withdrawals at over 40,000 in-network Allpoint ATMs nationwide with no ATM fees (1) . You can use the Current mobile app to find ATM locations near you. So you won’t have to visit a local bank branch to access your money.

Cryptocurrency Investing

Invest in over 30 cryptocurrencies from your checking account with no trading fees with the Current mobile app crypto feature.

No Hidden Fees

You’ll enjoy managing your money without all the fees. There are no processing fees, minimum balance fees, transfer fees or in-network ATM withdrawal fees (1) .

Teen Account

A teen account comes with instant money transfers, real-time notifications, spending limits, merchant blocking, and so much more so your teen can learn to manage money the right way. But you’ll maintain parental control while having the ability to transfer funds to your teen’s account with ease through the mobile app.

Ultimately, there’s a lot to love about Current. You can manage your money with confidence while on the go, make your money work harder for you, get paid earlier, make fee-free withdrawals, and the list goes on.

When you’re ready to revolutionize your money management experience, download the Current mobile app to get started. You can open a Spend Account and start taking advantage of all the perks Current has to offer. You can also access the online dashboard 24/7 to view your Current account balance and transactions, including purchases and payment activity. Best of all, it only takes less than two minutes to get started.

This Company Also Offers

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Current Build Card

The Current Build Card is a flexible secured charge card that lets you build credit, stay out of debt and access a ton of other perks.

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Current Crypto

Want to start trading crypto? The Current crypto trading platform offers numerous advantages, such as zero trading fees over 30 cryptos.

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Current Mobile App

Learn how the Current mobile app makes it easy to manage your money and tap into all the perks the platform has to offer.

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Current High-Interest Savings Account

Discover the Current High-Interest Savings Account and how you can use Savings Pods to make your money work harder for you.

Current is a financial technology company, not a bank. Banking services provided by and Visa® Debit Card issued by Choice Financial Group, Member FDIC, pursuant to a license from Visa U.S.A. Inc and can be used everywhere Visa debit cards are accepted.

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Some fees may apply, including out of network ATM fees, late payment fees, and other fees. For more information please see Current Build Card Rates & Fees and the Current Deposit Account Agreement .

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Some fees may apply, including out of network ATM fees, late payment fees, and other fees. For more information please see Current Build Card Rates & Fees and the Current Deposit Account Agreement .

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Earning rates over 1x are only available on Individual Current accounts when you make purchases at our participating partner merchants. After qualifying, please allow 3-5 business days for points to post to your Current account. The Current Points program is not available to Teen Account holders. See Current Points Terms and Conditions .

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Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct deposit and earlier availability of funds is subject to timing of payer's submission of deposits.

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Actual overdraft amount may vary and is subject to change at any time, at Current’s sole discretion. In order to qualify and enroll in the Fee-Free Overdraft feature, you must receive $500 or more in Qualifying Deposits into your Current Account over the preceding 30-day period. For more information, please refer to Fee-free Overdraft Terms and Conditions . Individual Current Accounts only. ×

Boost Bonuses are credited to your Savings Pods within 48 hours of enabling the Boost feature and on a daily basis thereafter, provided that the Savings Pod has accrued a Boost Bonus of at least $0.01. The Boost rate is variable and may change at any time. The disclosed Boost rate is effective as of August 1, 2023. Must have at least $0.01 in Savings Pods to earn a Boost rate of either 0.25% or 4.00% annually on the portion of balances up to $2000 per Savings Pod, up to $6000 total. The remaining balance earns 0.00%. A qualifying payroll direct deposit of $200 or more is required to earn a Boost rate of 4.00%. No minimum balance required. Please refer to Current Boost Terms and Conditions .

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Some fees may apply, including out of network ATM fees, late payment fees, and other fees. For more information please see Current Build Card Rates & Fees and the Current Deposit Account Agreement .

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Boost Bonuses are credited to your Savings Pods within 48 hours of enabling the Boost feature and on a daily basis thereafter, provided that the Savings Pod has accrued a Boost Bonus of at least $0.01. The Boost rate is variable and may change at any time. The disclosed Boost rate is effective as of August 1, 2023. Must have at least $0.01 in Savings Pods to earn a Boost rate of either 0.25% or 4.00% annually on the portion of balances up to $2000 per Savings Pod, up to $6000 total. The remaining balance earns 0.00%. A qualifying payroll direct deposit of $200 or more is required to earn a Boost rate of 4.00%. No minimum balance required. Please refer to Current Boost Terms and Conditions .

×

Some fees may apply, including out of network ATM fees, late payment fees, and other fees. For more information please see Current Build Card Rates & Fees and the Current Deposit Account Agreement .

×

Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct deposit and earlier availability of funds is subject to timing of payer's submission of deposits.

×

Earning rates over 1x are only available on Individual Current accounts when you make purchases at our participating partner merchants. After qualifying, please allow 3-5 business days for points to post to your Current account. The Current Points program is not available to Teen Account holders. See Current Points Terms and Conditions .

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Actual overdraft amount may vary and is subject to change at any time, at Current’s sole discretion. In order to qualify and enroll in the Fee-Free Overdraft feature, you must receive $500 or more in Qualifying Deposits into your Current Account over the preceding 30-day period. For more information, please refer to Fee-free Overdraft Terms and Conditions . Individual Current Accounts only. ×

Some fees may apply, including out of network ATM fees, late payment fees, and other fees. For more information please see Current Build Card Rates & Fees and the Current Deposit Account Agreement .

×

Some fees may apply, including out of network ATM fees, late payment fees, and other fees. For more information please see Current Build Card Rates & Fees and the Current Deposit Account Agreement .

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