Take advantage of the Current.com Savings Pod, offering an impressive 4.00% Boost Bonus on balances up to $2,000, available nationwide with no monthly fees. Learn the steps to qualify for this high-yield opportunity.
Finding a savings account that offers high returns with minimal requirements is not always an easy task. Current’s (Current.com) pods emerges as a compelling option, offering up to a 4.00% bonus on balances up to $2,000 with a Current Savings Pod1. This account is designed to cater to the needs of savers nationwide, offering a lucrative opportunity without the burden of monthly fees.
Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Member FDIC.
Below, find how you can unlock this savings bonus and make your money work harder for you.
Recent Updates
- Update 3/6/2024: Additional details about the Current Savings Pod added.
- Update 8/31/2023: The account closure fee has been raised from $2 to $10. Additionally, an inactive fee of $5.00 per month will be applied after 12 months of no financial transactions. See product disclosure here.
See Posts History below for more offers from this institution.
Current Savings Pods and Boost Bonus
Current is revolutionizing the way we save with its innovative Savings Pods and Current Boost feature. Designed to help you effortlessly set aside funds and reach your financial goals, Savings Pods offer a flexible and rewarding way to grow your savings. With the potential to earn an annual bonus rate of up to 4.00%, Current is making it more enticing than ever to save.
How to Maximize Your Savings with Current:
- Create Savings Pods: As a Current member, you can create up to three Savings Pods through the Current app. These Pods are your personal savings compartments, where you can allocate funds for different goals without a minimum balance requirement.
- Earn with Current Boost: Activate the Current Boost feature to earn a bonus rate of 4.00% annually on up to three eligible Savings Pods. To be eligible for the bonus, ensure you receive qualifying direct deposits of $200 or more each month. If you don’t meet the direct deposit criteria, you’ll still earn a competitive 0.25% on your Savings Pods.
- Utilize Round-Ups: Enhance your savings further by enabling Round-Ups. This feature rounds up your debit card purchases to the nearest dollar, transferring the spare change directly into your Savings Pods. It’s an effortless way to save a little extra on every purchase.
- Add Funds Easily: Funding your Savings Pods is straightforward. You can transfer money from your Current Spending Balance, link an external account, or use Round-Ups to automatically save your spare change.
Current Savings Pods Key Features and Benefits
- No Minimum Balance Required: Start saving with as little as $0.01 in your Savings Pods. Current.com is committed to making saving accessible to everyone, regardless of the amount you can set aside.
- Maximize Your Earnings: With Current Boost, earn up to $240 annually by maximizing the bonus rate across three Savings Pods, each with up to $2000 eligible for the 4.00% bonus rate. Balances above this amount in each Pod will not earn the bonus rate.
- Flexible and User-Friendly: The Current app is designed for ease of use, allowing you to manage your Savings Pods and view your progress towards your goals with just a few taps.
Our Take on Current’s Saving Pods
Current.com’s Savings Pods and Current Boost feature represent a powerful duo for anyone looking to enhance their savings. By offering a high bonus rate, flexibility in how you save, and tools like Round-Ups, Current makes a compelling choice for digital-savvy savers.
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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 on Savings Pods is variable and may change at any time. The disclosed rate is effective as of August 1, 2023. Must have $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 direct deposit of $200 or more is required for 4.00%. No minimum balance required. For more information, please refer to Current Boost Terms and Conditions. ↩︎