Bank of America vs Current

Bank of America is a national bank with widespread accessibility and wide range of services. How does it compare to Current? Read our comparison chart below.

Bank of America is one of the largest banks in the U.S. with approximately 3,700 locations and 15,000 ATMs. It is known for good customer service with extended hours. It offers checking, savings, CDs, IRA, and investment accounts through Merrill Edge.

While Current offers mobile-only banking for adults and teens. It offers cashback rewards, interest on savings, faster direct deposit, and fee-free overdrafts. There are no monthly fees and no minimums.

Compare Bank of America with Current, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Member FDIC
	Learn More	Visit Site
	Bank of America	Current
	OFFER Bank of America® Business Advantage Banking Checking Account - $200 Bonus Offer Read Bank of America Review	SPECIAL OFFER Build Credit While You Bank - Learn More Read Current Review
	Benefits and Features
Savings	Bank of America Advantage Savings Standard Rate: 0.01% APY	Up to 4.00% bonus on your Savings Pod, on up to a total of $6,000
CD	7-Month CD - Up to 4.25% APY 10-Month CD - Up to 3.75% APY 13-Month CD - 2.75% APY 25-Month CD - 2.00% APY 37-Month CD - 0.11% APY 1-Month CD - 0.03% APY 120-Month CD - 0.03% APY
Checking		Earn up to 15x points on purchases at participating merchants
Monthly Fee		$0
Kids Debit Card
Minimum Deposit to Open		$0
Mobile App	iOS & Android	iOS & Android
ATMs	Approximately 15,000+ ATMs	Free access to 40,000+ Allpoint ATMs
Customer Service	Monday -Friday: 8AM - 9PM ET Saturday: 9AM - 6PM ET Sunday: 8AM - 5PM ET
IRA CD
Locations	3,700 financial centers
	CreditDonkey® Reviews
Savings
CD
Checking
Mobile App
Customer Service
Minimum Deposit
Price
Ease of Use
Education
Pros & Cons	Pros: Large branch network Extended service hours Full service banking Cons: Monthly fees Low interest rates Many misc. banking fees	Pros: High savings rate Up to 15x cash back at 14k stores Ability to deposit cash Cons: No web platform Email-based support only Requires direct deposit to earn the boosted bonus
Bottom Line	National bank with widespread accessibility and wide range of services... Read full review	Simple, digital-only banking app with impressive bonus and cashback... Read full review
	Learn More	Visit Site
		Build Credit While You Bank Current Savings - Up to 4.00% bonus Fee-Free Overdraft up to $200 with Overdrive
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Bank of America: Pricing information from published website as of 08/12/2025 based on 91107 zip code. Current: Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Member FDIC, and Cross River Bank, Member FDIC.

Member FDIC

Bank of America® Business Advantage Banking Checking Account - $200 Bonus Offer

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Expires 12/31/2025

• The $200 bonus offer is an online only offer and must be opened through the Bank of America promotional page.
• The offer is for new eligible business checking customers only.
• Offer expires 12/31/2025.
• To qualify, deposit $5,000 or more in New Money* directly into a new eligible Bank of America Business Advantage Banking account within thirty (30) days of account opening.
• Maintain an average balance of $5,000 in that new Business Advantage Banking account during the Maintenance Period**.
• Once all requirements are met, Bank of America will attempt to pay bonus within 60 days.
• Additional terms and conditions apply. See offer page for more details.
• *New Money is new funds deposited into your business checking account that are not transfers from other Bank of America deposit accounts or Merrill investment accounts.
  
• ** The Maintenance Period begins thirty-one (31) calendar days after account opening and ends ninety (90) calendar days after account opening.
  
• Bank of America, N.A. Member FDIC

Member FDIC

Business Advantage Relationship Banking

• No fee for first 500 transactions per statement cycle
• No fee for first $20,000 in cash deposited per statement cycle
• Multiple ways to avoid the $29.95 monthly fee

Learn More

Member FDIC

Business Advantage Fundamentals™ Banking

• No fee for first 20 transactions per statement cycle
• No fee for first $5,000 in cash deposited per statement cycle at an ATM or Financial Center

Learn More

Build Credit While You Bank

• Get Paid Up to 2 Days Faster
• Build credit and earn points with every swipe
• 40,000 fee-free Allpoint ATMs in the U.S.
• No credit check, minimum balance or hidden fees

Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Member FDIC, and Cross River Bank, Member FDIC.

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Current Savings - Up to 4.00% bonus

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• 4.00% bonus on up to $6,000 balance if you receive and maintain a qualifying direct deposit of $200 or more in a rolling 35 day period. (Otherwise, 0.25%)
• Simply add money to your Savings Pods and enable the Boost feature.
• Earn bonus on up to 3 Savings Pods, up to $2,000 balance each.
• Bonuses accumulate daily.

Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Member FDIC, and Cross River Bank, Member FDIC.

Fee-Free Overdraft up to $200 with Overdrive

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Which is Better: Bank of America or Current?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Bank of America or Chase.

In short: Bank of America's customer service is noteworthy. Current's savings and checking are worth mentioning. In particular, the checking is outstanding.

Articles on Bank of America

Bank of America Review

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Bank of America Savings Account Interest Rate

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Bank of America CD Rates

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Bank of America Hours

Bank of America is open 5-6 days a week, depending on the location. Take a look at their business hours below.

Bank of America Routing Number

Find your Bank of America routing number and learn about money transfers in our guide.

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