Earn $175 with Current App via Direct Deposit – Limited-Time Offer

Current, a fintech app offering banking services through Choice Financial Group (FDIC insured), is now offering a $175 bonus for new direct deposit users for a limited time. Following recent events with Synapse, Juno, and Yotta, it’s wise to be cautious about storing large amounts in fintech accounts—even with attractive interest rates. The primary purpose of cash is safety and liquidity, so treat bonus opportunities as a short-term perk rather than a primary savings strategy.

I am updating this review of my Current account opened years ago, as right now they are offering a boosted $150 referral bonus if you complete an eligible Payroll Deposit of at least $200 within your first 45 days of opening an account. You must either apply directly through the link above or enter promo code JONATHAP228 when signing up. Thanks if you use my link!

Other features:

• No minimum balance. No minimum opening deposit.
• No credit check. No Chexsystems check.
• No overdraft fees.
• Fee-free ATM withdrawals within the 40,000+ Allpoint ATM network.
• Access to paycheck up to 2 days early.
• Gas station authorization holds immediately released.
• On top of no overdraft fees, also get up to $100 in fee-free overdraft coverage.

This is a pretty big bonus with no minimum deposit requirement that should be easy for those that have payroll websites/apps where you can split and/or switch your direct deposits easily.

Current also offers 4% APY on their “Savings Pods” if you maintain a $200+ direct deposit monthly. But even though the $175 new customer bonus is nice and they have some thoughtful features like the free overdraft coverage, they are still a fintech so I’m not keeping significant balances there long-term.