Current review

Current is a mobile banking app rather than a bank: it states that it is a financial technology company and that FDIC coverage comes through an insured partner bank. Current lists no minimum balance fees, no in-network ATM fees, no bank transfer fees and no annual fees. Its features target people living paycheck to paycheck: fee-free overdraft once you receive at least $200 in eligible direct deposits over 35 days, pay up to 2 days early, and a Build Card that builds credit using only the money in your account with no credit check. Savings Pods earn a 4.00% Boost rate on up to $2,000 per Pod and $6,000 in total when you have an eligible payroll deposit, with Round-Ups for automatic saving. Fees do appear around the edges, including $2.50 out-of-network ATM fees and $3.50 cash deposit fees. Higher earners will get more from SoFi or Wealthfront.

Who it is for

People building credit with their everyday spending

Price

No minimum balance, in-network ATM, bank transfer or annual fees.

No minimum balance fees No in-network ATM fees No bank transfer fees No annual fees
Quoted from the vendor pricing page on November 12, 2026.

Key features

• Fee-free overdraft with $200+ in eligible direct deposits over 35 days
• Paycheck up to 2 days early with direct deposit
• Savings Pods earn a 4.00% Boost rate on up to $2,000 per Pod, up to $6,000 total, with payroll deposit
• Build Card builds credit using only money in your account, with no credit check
• Points on eligible purchases redeemable for cash back

Strengths and weaknesses

• Strength: No minimum balance, in-network ATM, bank transfer or annual fees
• Strength: Round-Ups and goals in Savings Pods
• Strength: Cash deposits at retailers such as CVS, Walgreens and McDonald's
• Weakness: Current is not a bank; FDIC coverage is pass-through via a partner bank
• Weakness: Out-of-network ATM fees of $2.50 and cash deposit fees of $3.50 apply
• Weakness: Boost rate stops at $6,000 total and the rest earns 0.00%

Key facts

• Annual fee: $0
• Savings Boost: 4.00% on up to $6,000 with payroll deposit
• Out-of-network ATM fee: $2.50
• Overdraft: Fee-free with $200+ direct deposit

Where it ranks

Current is No. 9 in our Best Online Banks verdict.