Current vs Chime
Current is a simple, digital-only banking app with impressive APY and cashback. How does it compare to Chime? Read our comparison chart below.
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Current | Chime | |
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Current Savings with Interest - Up to 4% APY - | Get Started - | |
Benefits and Features | ||
Savings | Up to 4.00% APY on your Savings Pod, on up to a total of $6,000 | 2.00% Annual Percentage Yield (APY). The Annual Percentage Yield ("APY") for the Chime Savings Account is variable and may change at any time. The disclosed APY is effective as of November 17, 2022. No minimum balance required. Must have $0.01 in savings to earn interest. |
Checking | Earn up to 15x points on purchases at participating merchants | No monthly service fee; no minimum balance; no overdraft fees; no foreign transaction fees |
Kids Debit Card | ![]() | |
Customer Service | ||
Minimum Deposit to Open | ||
Mobile App | ||
ATMs | Free access to 40,000+ Allpoint ATMs | Over 60,000 fee-free MoneyPass, Allpoint, and Visa Plus Alliance ATMs |
Locations | ||
Monthly Fee | ||
CreditDonkey® Reviews | ||
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Pros & Cons | Pros:
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Bottom Line | Simple, digital-only banking app with impressive APY and cashback... | |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Current: Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Member FDIC Chime: Chime is a financial technology company, not a bank. Banking services provided by, and debit card issued by, The Bancorp Bank or Stride Bank, N.A.; Members FDIC. |
Current Savings with Interest - Up to 4% APY
- 4.00% APY 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% APY.)
- Simply add money to your Savings Pods and enable the Interest feature.
- Earn interest on up to 3 Savings Pods, up to $2,000 balance each.
- Interest accumulates daily.
Banking for Modern Life
- Get Paid Up to 2 Days Faster
- Fee-Free Overdraft up to $200 with Overdrive
- 40,000 fee-free Allpoint ATMs in the U.S.
- No minimum balance or hidden fees
Convenient Teen Account With Debit Card
- Easy transfers, set spending limits, automate allowances
- Age: 13 years and older
- Fees: No monthly or annual fee
Which is Better: Current or Chime?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Current or Chase.
In short: Chime's savings is excellent.