United States
activeFeaturedNeobank
- HQ
- San Francisco
- Fee
- Free
Current
US consumer neobank with a debit card, pockets, and teen accounts.
Rate this app
7.0Solid
AlternativesOur take
Desk verdict
Put Current next to Chime and Varo. Varo is the actual bank. Current is the app.
Current is a New York fintech. Deposits sit at partner banks. The teen account is a real SKU, not a brochure.
Current lists Fintech with partner banks under FDIC (partners) in United States. On safeguarding we currently write: FDIC via Choice Financial Group / program banks. Holder / issuer line: Choice Financial Group (confirm live). An AML programme is claimed. There is no IBAN-class local rail on the flags we store. We list 1 live markets on the product. As we score the sticker: monthly Free · paid Current Premium; FX US domestic; ATM Fee-free ATM network on plan. This desk would open it for: US consumers who want Chime-class UX with pockets and a teen SKU.
What it does well: App quality; Teen product; Pockets. What to watch: Not a bank; Overdraft/credit extras need a separate read; US only. Desk score 7.0 / 10 (safety 7.2, fees 8.0, features 8.0, app 8.6). Last verified 2026-08-01. Headquartered in New York, United States; founded 2015. None of this is advice — it is a file so you can read the entity before the card colour.
Best for: US consumers who want Chime-class UX with pockets and a teen SKU.
Pros
- +App quality
- +Teen product
- +Pockets
- +Early direct deposit
Cons
- −Not a bank
- −Overdraft/credit extras need a separate read
- −US only
Account facts
- Platforms
- iOS · Android
- Account types
- Personal spending · savings · teens
- Partner bank
- Choice Financial Group
- Minimum balance
- $0
- Lowest monthly fee
- $0
- Who can open
- US consumers
- Availability
- United States
How it actually works
- Custody
- Insured bank deposit
- Local rails
- ACH / USD
- Built for
- Personal · Kids / teens
- Settlement
- App-ledger instant; bank rails per corridor
- Review risk
- Fintech reviews can pause inbound while they check a transfer
- Pay surface
- visa · physical · virtual · Apple Pay · Google Pay
Safety
FDIC via Choice Financial Group / program banks
Holder / issuer: Choice Financial Group (confirm live)
- FDIC (partners)Fintech with partner banks · United States
Fees
- Monthly
- Free · paid Current Premium
- FX markup
- US domestic
- ATM
- Fee-free ATM network on plan
Features
- –IBAN
- ✓Fee-free core
- –Multi-currency
- ✓Apple Pay
- ✓Google Pay
- ✓Virtual card
- ✓Physical card
- –Metal card
- –Crypto
- –Stocks
- –Business
- ✓Kids
- –Halal
- Pockets
- Early pay
- Teen accounts
- Debit
- Credit builder
Score
- Safety25%
- 7.2
- Fees20%
- 8.0
- Features15%
- 8.0
- App15%
- 8.6
- Global15%
- 2.8
- Support10%
- 6.4
Change log
Full logNo dated notes yet. When the licence, fees, or status moves, it lands here.
Available in
FAQ
Is Current a bank?+–
Current is not a licensed deposit-taker in the classic sense. Money, if any, sits with Choice Financial Group (confirm live).
How is money protected?+–
FDIC via Choice Financial Group / program banks
Where is Current available?+–
We list 1 market desk on the desk. Residency and onboarding rules still sit with Current.
Card and wallets?+–
visa · physical · virtual · Apple Pay · Google Pay
Ratings and reviews
No published user reviews yet. The desk score still comes from licence, fees, and the product — not from a empty star average.
Alternatives
Full alternatives page
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