Current Spend Account

A New Generation of Banking Apps
Discover improved banking services and higher yield savings.
1999 Reviews
Account Types
$0 - $4.99
Monthly Fees
None (1)
Hidden Fees


Product Name
Current Spend Account
Product Description
A flexible banking account offering exclusive benefits.
ATM Fees
No ATM-fee access at over 40,000 in-network Allpoint ATMs in the US (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) with Premium Account direct deposit
Overdraft Protection
Overdrafts up to $200 (4) covered with no overdraft fees


Imagine a stress-free banking 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 4.00% Annual Percentage Yield (APY) (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. 

Current Logo
Current Spend Account

A New Generation of Banking Apps

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 Pay 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. 

Basic Account

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

  • A Basic White Visa debit card with a secured chip
  • Budgeting capabilities for one category
  • Valuable spending insights 
  • Purchase alerts in real-time 
  • Standard direct deposit 
  • A single Savings Pod that earns 4.00% APY (5) and pays daily on up to $2,000 in savings pods with Current Interest
  • ATM withdrawals without ATM fees at Allpoint ATMs in the US (1)
  • Instant money transfers
  • Mobile check deposit
  • Points for cash back from purchases with over 14,000 participating merchants

Premium Account

It’s only $4.99 per month to open a Premium Account, and you’ll get exclusive access to all the perks of a Basic Account along with the following:  

  • A Premium Visa debit card that lets you tap to pay 
  • Early direct deposit up to two days faster (3)
  • Three Savings Pods that earn 4.00% APY5 and pays daily on up to $6,000 in savings pods with Current Interest
  • Overdrive, which allows for overdraft protection up to $2004 (learn more) 
  • Automatic release of gas station authorization holds 

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
  • A single Giving Pod 
Current Logo
Current Spend Account

A New Generation of Banking Apps

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 Premium 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)


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


Current account holders can make withdrawals at over 40,000 in-network Allpoint ATMs nationwide with no ATM fees1. 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. 

No Hidden Fees

You’ll enjoy banking without all the fees. There are no processing fees, minimum balance fees, bank transfer fees or in-network ATM withdrawal fees1.

Teen Banking

Teen banking 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 mobile banking.

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 banking 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, and you’ll get a 30-day free trial if you sign up for a Premium account.

Current Logo
Current Spend Account

A New Generation of Banking Apps

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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.

(1) Out of network cash withdrawal fees apply. Third-party, adding cash and Current membership fees may apply. 

(2) Earning rates over 1x are only available on Current Premium accounts.  Teen accounts do not earn points

(3) Faster access to funds is based on a 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 are subject to the timing of the payer’s submission of deposits. Current Premium accounts only.

(4) Please refer to Overdrive™ Features Terms and Conditions. Current Premium Accounts only

(5) The Annual Percentage Yield (“APY”) for Current Interest is variable and may change at any time. The disclosed APY is effective as of January 1, 2022. No minimum balance is required. Must have $0.01 in savings pods to earn Current Interest on up to $2000 in deposits per Savings Pod up to $6000 total.  Please refer to Current Interest Terms and Conditions

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