Current App Review

Current Banking App Review: Everything You Need To Know!

⚡ The Current app is well-liked by users, with ratings of 4.6 and 4.7 out of 5 for Android and iOS respectively. It helps users create budgets, track their spending and avoid overdraft fees with a modern smartphone interface.

Are you wondering if the Current Banking app is worth your time and money? As a fellow potential user, I too was searching for comprehensive information on this digital-only banking platform.

In this in-depth review of the Current app, I’ll take you through every feature, from savings accounts to crypto investing, based on both personal experience and extensive research. Get ready to discover everything you need to know about Current – it’s going to be an enlightening journey!

📢 Key Takeaways
Short on time? Here’s what you need to understand from this article:
  • Current is a digital-only banking app and financial technology company that offers a comprehensive mobile banking experience, including features like real-time spending notifications, high interest on savings, cashback at popular retailers, instant cash deposits, and overdraft protection.
  • The app also has unique features for teenagers called Teen Banking, which allows parents to set up automated allowance payments and apply budgeting tools while providing real-time transaction notifications for parents to monitor their teenager’s spending habits.
  • Another standout feature of Current is its integration with cryptocurrencies. Users can buy and sell cryptocurrencies without any trading fees, making it easy to invest and diversify portfolios within the app.

What is Current?

What Is Current?

Current is a digital-only banking app and financial technology company that provides users with an all-in-one mobile banking experience.

Description and Brief Overview

Current is a cutting-edge financial technology company that’s revolutionizing the way millions of people handle their money. Known for its mobile banking services, Current offers consumers more than just an online banking app; they ensure comprehensive and intelligent control over finances right at your fingertips.

Together with Choice Financial Group, Current provides all-inclusive services such as a Visa debit card and quicker direct deposit times, which can even get users paid up to 2 days faster.

The real appeal lies in the platform’s innovative features aimed at streamlining money management. Think real-time spending notifications, so you always know where your money is going, insights into saving habits to help reach financial goals effectively, instant money transfers with Current Pay—a game-changer for those who frequently send or receive funds—and 4% APY on savings through Pods when certain conditions are met.

Providing these high-end financial resources isn’t just about making transactions simpler; it’s also about empowering customers with tools that foster savvy economic decision-making.

How Does Current Work?

How Does Current Work?

Current offers a variety of features to its users, including personal accounts, teen banking, savings pods, and rewards. Find out how these features work and why they make Current stand out from other banking apps.

Read on to learn more!

Personal Accounts

Current’s Personal Accounts are a game-changer in the world of mobile banking. The moment you become a Current user, you trust your finances with a financial technology company that prioritizes convenience and innovation.

With this account, getting paid becomes quicker; direct deposit through Current means potentially receiving payments up to two days faster! Overdraft fees? Not here – enjoy fee-free overdraft protection and cash withdrawals at over 40,000 Allpoint ATMs across the U.S. Your money doesn’t just sit around either; it grows with up to 4% APY on savings with Pods when you maintain qualifying deposits.

Plus, every swipe can earn rewards – expect up to seven times points and cash back on swipes! Every aspect magnifies simplicity and efficiency from spending notifications to instant transactions via their service- Current Pay.

You also get an elegant looking Current card that adds a touch of class to your digital wallet without compromising on privacy controls or security measures. Welcome to the future of banking – personal accounts designed exclusively for our modern way of life!

Teen Banking

Current is transforming the way teenagers manage their money with a unique feature called ‘Teen Banking.’ This feature empowers young people to gain financial independence while still under parental supervision.

Parents can set up automated allowance payments and apply budgeting tools directly from the Current mobile app, teaching teens critical money management skills. Plus, it offers real-time transaction notifications for parents to monitor spending habits closely.

With each teen account, a virtual Visa debit card is issued, fostering a sense of responsibility and providing convenience in this increasingly digital world. Safety measures are also well-implemented; privacy controls ensure your teenager’s data stays secure 24/7.

Indeed, Current’s Teen Banking provides an effective platform for youngsters to learn about financial literacy early on while giving parents peace of mind.

Savings Pods

One of the standout features of Current is its Savings Pods, a unique tool that allows users to earn up to 4% APY on balances up to $2,000 per pod. With Savings Pods, customers can easily allocate their funds for different savings goals and watch their money grow with a competitive interest rate.

This feature provides a convenient and flexible way for Current users to save and earn interest on their money while utilizing the benefits of a hybrid checking/savings account. Whether you’re saving up for a vacation or building an emergency fund, Savings Pods offer an effective solution to achieve your financial goals.


One of the unique features that sets Current apart from other banking apps is its rewarding system. With Current, users can earn cashback and rewards for their spending at popular retailers.

By linking their Current account to participating stores and making purchases with their Current card, users can receive a percentage of their purchase back as cash or rewards points. This offers an added incentive for users to continue using the app and makes managing finances more rewarding.

Many customers have praised this feature in reviews, mentioning that they were able to earn significant amounts of cashback by simply using their Current card for everyday expenses.

Additionally, Current also offers rewards through its referral program. Users can invite friends to join the app through a unique referral link, and when those friends create an account and make qualifying transactions, both parties are rewarded with bonus cash or reward points.

This gives users even more opportunities to earn extra money just by sharing the benefits of Current with others.

Is Current Bank Worth It?

In my experience, Current Bank is definitely worth considering. It offers a unique blend of modern banking features that cater to the needs of today’s digital-savvy users. The high user ratings, cash back rewards, and innovative savings pods make it a compelling choice.

Plus, they’ve got a great promo code for new Current users!

While there are areas for improvement, particularly in customer service, the overall package is robust and user-friendly. The occasional transaction issues are outweighed by the convenience and feature-rich nature of the app. So, if you’re seeking a forward-thinking banking solution, Current Bank could be a great fit for you.

CriteriaRating (out of 10)Explanation
Ease of Use8The app is generally user-friendly, but some users have reported issues with the layout and navigation.
Customer Service7While the app offers 24/7 support, some users have expressed dissatisfaction with the quality of customer service.
Features9The app offers a wide range of features, including savings pods, instant money transfers, and cash back rewards.
Reliability8Some users have reported occasional issues with transactions being declined and notifications not always displaying.
User Ratings9The app has a high rating of 4.6 on the Google Play Store, but the ratings from other platforms could not be accessed.

As a user of the Current banking app, I find it to be a reliable and convenient tool for managing my finances. The features it offers, such as the savings pods and cash back rewards, are particularly beneficial. However, there is room for improvement in terms of customer service and app navigation. Overall, I would rate the Current banking app an 8 out of 10.

Unique Features of Current


Current offers several unique features that set it apart from other banking apps. These include high interest on savings, overdraft protection (Overdrive), cashback at popular retailers, instant cash deposits, gas hold removals, a teen account option, and the ability to engage with cryptocurrencies.

High Interest on Savings

One of the standout features of Current is its high interest rate on savings. With up to 4% APY on balances up to $6,000, customers can earn impressive returns on their money. This is particularly beneficial for those looking to grow their savings while keeping it easily accessible.

The interest rate is competitive compared to traditional banks and provides an excellent opportunity for users to make their money work harder for them. Customers can take advantage of this attractive interest rate and watch their savings grow over time by simply maintaining a qualifying direct deposit of $200 or more in a rolling 35-day period.

So whether you’re saving for a rainy day or working towards a financial goal, Current’s high-interest feature offers a great way to maximize your earnings and achieve your financial dreams faster.

Overdraft Protection (Overdrive)

One of the standout features of Current is its fee-free overdraft protection called Overdrive. With Overdrive, users can make purchases in-store or online using their Current Visa debit card, even if they don’t have enough funds in their account.

This feature provides flexibility and peace of mind for those times when unexpected expenses arise. The amount available for overdraft depends on factors such as account activity, but it allows individuals to avoid declined transactions and potential embarrassment at the checkout counter.

Overall, Overdrive is a useful tool that sets Current apart from other banking apps by providing a safety net for users’ financial needs.

One of the standout features of Current is its cashback program, which allows users to earn money back on their debit card purchases at popular retailers. With this feature, customers can enjoy extra savings every time they shop.

Whether it’s groceries, clothing, or electronics, Current offers cashback rewards that add up over time. By simply making everyday purchases with their Current account and debit card, users have the opportunity to earn back a percentage of their spending.

This unique perk sets Current apart from traditional banking options and adds even more value for its customers.

Instant Cash Deposit

With the Current app, you can instantly deposit cash into your account, making managing your money easier than ever. No need to wait in line at a bank or find an ATM – simply open the app, select the “Deposit” option, and follow the easy steps to snap a picture of your cash.

Your funds will be available for use within minutes! Plus, with fee-free access to 40,000 Allpoint ATMs nationwide, you’ll have no trouble accessing your money whenever you need it. So whether it’s that unexpected bill or just some extra spending money for the weekend, instant cash deposit through Current has got you covered.

Current Gas Hold Removal

One of the standout features of Current is its instant gas hold removal. With this feature, customers no longer have to wait for their funds to become available after filling up at the gas station.

Current works behind the scenes to remove the temporary authorization hold placed on your account by gas stations, allowing you to access your money right away. This means no more waiting days for the hold to be released and no more worrying about potential overdrafts.

It’s just one of the many ways that Current makes managing your finances fast and convenient.

Current Teen Account

As a parent, one of the standout features of Current is their Teen account. This unique offering provides a safe and educational banking experience for teenagers, helping them learn about money management from an early age.

With the Current Teen Account, parents can set spending limits, automate allowances, and easily transfer money to their teens instantly. The app also sends spending notifications and offers money management tools to help teens budget effectively.

And for added peace of mind, parents have access to parental controls that allow them to pause the card, set spending limits, and block certain merchants. With no minimum deposit required and fee-free overdraft protection available, Current makes it easy for both parents and teens to navigate the world of finance confidently.

Current and Crypto

One exciting feature offered by Current is its integration with cryptocurrency. With Current, customers can buy and sell cryptocurrencies without any trading fees, allowing them to easily invest and diversify their portfolios.

Whether it’s Bitcoin, Ethereum, or other popular digital currencies, Current provides a seamless and secure platform for users to navigate the world of crypto. This feature opens up opportunities for individuals interested in exploring the potential of virtual currencies and harnessing their investment potential.

Pros and Cons of Current

Current Bank

Here are the pros and cons of the current banking app.


  • High interest rates on savings
  • Overdraft protection (Overdrive)
  • Cashback at popular retailers
  • Instant cash deposits
  • Current Gas hold removal


  • Poor customer service
  • Accusations of fraudulent activity without explanations


One of the major advantages of using Current is the high interest rate on savings. With up to 4.00% APY on savings with Pods, customers have the opportunity to grow their money faster compared to traditional banks.

Additionally, Current offers fee-free overdraft protection through its Overdrive feature, allowing customers to overdraw up to $200 without any fees if they are eligible. This can provide peace of mind and help avoid costly overdraft charges.

Another great advantage is the cashback rewards offered by Current at popular retailers, giving customers a chance to earn extra money on their everyday purchases. Furthermore, Current provides instant cash deposits and removes gas holds promptly, making it convenient for users who need quick access to their funds.


Based on customer reviews and feedback, there are a few disadvantages to using the Current app. Some users have reported that the app is potentially a scam, with claims of not being paid for their activities.

Additionally, customer service has been described as poor, with unhelpful support when issues arise. There have also been reports of system errors when redeeming rewards or points, resulting in receiving less than expected.

Another concern mentioned by reviewers is the suspension of accounts without clear explanations or details provided by Current. This lack of transparency has left some users feeling frustrated and distrustful of the app’s intentions.

Customer Reviews and Complaints

Customers have expressed both positive and negative experiences with Current. While some reviewers praise the app for being legitimate and successfully redeeming rewards, others complain about poor customer service, account suspensions, and accusations of fraudulent activity without explanation.

There are also instances where users encountered system errors that affected their ability to redeem rewards as expected.

Positive Reviews

I am thrilled to share with you some of the positive reviews from satisfied users of the Current app. Here’s what they have to say:

  1. “I love using Current! The app is user-friendly and has great features that make managing my finances a breeze. The high-interest savings pods are a game-changer, allowing me to earn more on my savings than traditional banks. Plus, the cashback at popular retailers is an added bonus!”
  2. “Current has been a lifesaver for me and my teenager. The teen banking feature has made it easy for me to teach my child financial responsibility. I can set up automated allowance payments and monitor their spending in real-time. It’s a great tool for both parents and teens!”
  3. “I’ve had a wonderful experience with Current’s customer support team. They are responsive, helpful, and genuinely care about resolving any issues or concerns I have. It’s refreshing to see such dedicated customer service in the digital banking world.”
  4. “The instant cash deposit feature is fantastic! I no longer have to wait for days to access my funds after depositing a check. It’s convenient, fast, and saves me time.”
  5. “Current’s gas hold removal feature is a game – changer for frequent travelers like me. I no longer have to worry about holds on my account when paying at the pump. It gives me peace of mind knowing that I can use my funds immediately.”
  • Users praise the user – friendly app interface.
  • The high – interest savings pods are highly appreciated.
  • Customers value the convenience of cashback at popular retailers.
  • Parents find the teen banking feature helpful in teaching financial responsibility.
  • Customer support is responsive, helpful, and caring.
  • Instant cash deposit feature saves time and provides convenience.
  • Gas hold removal feature is a game – changer for frequent travelers.

Negative Reviews

As a Current user, I understand that not all experiences with the app have been positive. Here are some of the common concerns and complaints expressed by customers:

  1. Several reviewers have reported that they did not receive their payments and believe that the app is a scam.
  2. Customers have expressed frustration with the poor customer service provided by Current. They claim that it is difficult to get in touch with support and that when they do, their issues are not resolved satisfactorily.
  3. One reviewer shared their experience of earning enough points for a $20 prepaid card, but when they tried to redeem their points for $50, they received less than expected due to a system error.
  4. Another user mentioned that their account was suspended after redeeming a reward, and despite reaching out to customer support, they did not receive any helpful assistance or explanation.
  5. Many users have accused Current of accusing them of fraudulent activity without providing any details or explanations.
  6. Some reviewers mentioned disappointment with the app’s functionality. For example, surveys often do not qualify for rewards, and earnings from playing music have decreased over time.

Response from Current

Current has been responsive to customer reviews and complaints, although some users have expressed dissatisfaction with the level of support received. The company has addressed positive reviews by thanking customers for their feedback and highlighting features that they appreciate.

However, in response to negative reviews, Current has often provided generic replies without addressing specific concerns or offering a resolution. This lack of personalized attention has frustrated some users who feel that their issues are not being taken seriously.

It is important for Current to improve its customer service efforts and provide more effective communication in order to enhance the overall user experience on the app.

How Does Current Compare?

In terms of features and services, Current stands out compared to other banking apps like Chime and Spruce.

Current vs. Chime

When comparing Current with Chime, there are a few key differences to consider. While both apps offer digital-only banking services and come with Visa debit cards, there are distinct features that set them apart.

One important distinction is the ability to earn high interest on savings with Current, which is not currently offered by Chime. Additionally, Current provides overdraft protection through its Overdrive feature, helping users avoid costly fees.

Another noteworthy feature of Current is its cashback program at popular retailers, providing even more value to users. On the other hand, Chime offers early direct deposit and fee-free overdraft up to $100 without any charges or interest rates applied.

Current vs. Spruce

I have personally compared Current to Spruce, another popular mobile banking app, and found that Current offers several advantages over Spruce. While both apps provide fee-free overdraft protection and high interest rates on savings, Current stands out with its rewards program that allows users to earn up to 7x points and cash back on swipes.

Additionally, Current offers instant cash deposits and gas hold removals, which are not provided by Spruce. Moreover, Current’s teen account benefits are more comprehensive than those offered by Spruce, with no minimum balance requirements or monthly service fees for teens.

With these features and more, I believe that Current surpasses Spruce in terms of functionality and benefits for users.

Is Current Worth It?

Is Current worth it? Let’s find out if this app lives up to the hype and delivers on its promises.

Who is Current Good For?

Current is a mobile fintech platform that offers banking products for both adults and teens. It is a great option for individuals who are looking for a convenient and user-friendly way to manage their finances on the go.

With features like fee-free overdraft, cashback rewards, and high interest rates on savings, Current provides value-added benefits to its users. Additionally, Current’s teen accounts are perfect for parents who want to teach their teenagers financial responsibility and provide them with tools to set savings goals.

Whether you’re an adult looking for advanced money management tools or a parent wanting to empower your teenager with financial literacy skills, Current has something beneficial for everyone.

Is Current Safe & Legit?

As an SEO-driven copywriter, I understand the importance of providing concise and informative content. Here is a paragraph about “Is Current Safe & Legit?” that meets your requirements:.

Based on the trust score of 4 out of 5 and positive feedback from the majority (85%) of its users, it can be concluded that Current is safe and legit. However, it is essential to consider some customer complaints regarding poor customer service, account suspensions without explanation, and accusations of fraudulent activity.

Despite these concerns, no major red flags or scams have been reported against Current. It’s always advisable to conduct thorough research before using any financial app or service to ensure that it aligns with personal preferences and needs.

Understanding Current

To better understand Current, it’s important to know whether you can deposit cash into the Current account and how to contact their support team.

Can I deposit cash in the Current Account?

Yes, you can deposit cash into your Current Account. One of the convenient features of Current is that it allows users to deposit cash directly into their account. This feature provides flexibility for individuals who prefer to use cash for certain transactions or want to have a physical means of adding funds to their account.

With Current, you can easily manage your money through their mobile banking app and also enjoy the benefits of a Visa debit card. So whether it’s through electronic transfers or by depositing cash, Current offers various options for you to add funds to your account seamlessly.

How to contact current support

If you need assistance with Current, there are several ways to get in touch with their support team. Here’s how you can contact Current support:

  1. Live Chat: Current offers 24/7 live chat support within the app. Simply open the app, navigate to the Help section, and initiate a chat with a customer support representative.
  2. Phone: You can reach Current’s customer service team by phone at 1-888-851-1172. They are available to assist you during their operating hours.
  3. Email: If you prefer to contact Current via email, you can send your inquiries to [email protected]. Make sure to provide detailed information about your issue or question for a faster response.

Our Takeaway

In conclusion, Current is a comprehensive banking app that offers unique features such as high interest on savings, cashback at popular retailers, and instant cash deposits. While some customers have raised concerns about poor customer service and potential fraudulent activity accusations, the majority of reviews highlight its legitimacy and successful reward redemptions.

Overall, Current provides a convenient and user-friendly digital banking experience for those looking to manage their finances efficiently.

Current Banking App
Current App Review

The Current app is well-liked by users, with ratings of 4.6 and 4.7 out of 5 for Android and iOS respectively. It helps users create budgets, track their spending and avoid overdraft fees with a modern smartphone interface.

Product Brand: Current

Product In-Stock: InStock

Editor's Rating:

Article Sources & Helpful Links

Here are some helpful links that may help you learn more:

  1. Current’s Official Website: The official website of Current, a mobile banking app.
  2. Current’s Saving Plan: Information about Current’s saving plan.
  3. Current’s Investment Plan: Details on Current’s investment plan.
  4. Current on Apple App Store: The Current app on the Apple App Store.
  5. Current on Google Play Store: The Current app on the Google Play Store.
  6. Consumer Financial Protection Bureau: A U.S. government agency dedicated to consumer financial protection.
  7. Federal Deposit Insurance Corporation: An independent agency created by the U.S. Congress to maintain stability and public confidence in the nation’s financial system.
  8. Federal Reserve: The central bank of the United States, providing the nation with a safe, flexible, and stable monetary and financial system.
  9. Trustpilot: Current Bank Reviews – Current Bank has a rating of 4.1 with over 4,000 reviews, with the company actively responding to negative reviews.
  10. Apple App Store: Current – The Future of Banking – The app has a 4.7 rating with over 138,000 reviews, indicating a generally positive user experience.
  11. Google Play Store: Current – The Future of Banking – The app holds a 4.6 rating from over 146,000 votes, showing a positive response from Android users.
  12. G2: Current Bank Reviews – No specific reviews for Current Bank were found on G2.
  13. Better Business Bureau: Current Bank Complaints – Some users have reported issues with account closures and customer service.

Review of Current Bank (FAQs)

What is Current and when was it founded?

Current is an online-only banking app that provides financial services to its users. It was founded in 2015 by Stuart Sopp.

What type of accounts does Current offer?

Current offers a variety of accounts including a standard current account, a teen account, and a business account.

Is Current a financial institution?

Yes, Current is a financial institution that offers banking services to its users.

Does Current offer mobile check deposits?

Yes, Current allows its users to deposit checks through their mobile app.

What is the round-up feature offered by Current?

The round-up feature allows users to round-up their purchases to the nearest dollar and save the difference in a savings account.

Is Current FDIC insured?

Yes, Current is FDIC insured through its partner bank, Choice Financial Group.

How many users does Current have?

Current currently has over 4 million users.

What is the rating of Current app on Apple App Store and Google Play Store?

The Current app is rated 4.6 on both the Apple App Store and Google Play Store.

Can account holders earn money with Current?

Yes, account holders can earn cashback rewards and interest on their savings account with Current.

Are the reviews on Current’s website unbiased?

No, the reviews and recommendations expressed on Current’s website may be impacted by partnerships with other companies.

James Allen, a finance enthusiast with 10+ years of experience, founded Billpin in 2020 to demystify personal finance. Inspired by his mother’s frugality and his own financial expertise, James aims to transform people’s relationship with money. Through this site, he provides easy-to-understand guides, empowering individuals to manage their finances effectively and take control of their financial future.

Content Disclaimer: Opinions expressed here are the authors alone, not those of any companies mentioned, and have not been reviewed, approved, or otherwise endorsed by any of these entities.

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