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.
 | ||
 |  | |
Current | Chime | |
|---|---|---|
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 | ||
| ||
| Savings |   | |
| Minimum Deposit | | |
| Checking | | |
| Price | | |
| Customer Service | | |
| Mobile App | | |
| Ease of Use | | |
| Education | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Simple, digital-only banking app with impressive APY and cashback... | |
| | |
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.
Articles on Current
Current Banking Review
Current offers banking features like savings, and debit card options — but is it legit? Find out the pros, cons, and how it compares to Chime.
Articles on Chime
Chime
Chime has no monthly fees, so what's the catch with the app? Find out how you can get paid two days early and grow your savings.
Chime Alternatives
Chime offers a convenient and rewarding mobile app. But can you earn better rewards and get more account options with one of Chime's top competitors?
Which Do You Think is Best?
You Might Also Like
Best Prepaid Cards for Kids
Which prepaid debit card is best for your child? Compare the pros, cons, and cost of the top prepaid cards for kids.
Best Neobanks
Looking for a new neobank and not sure which to choose? Look no further than this comprehensive guide to the best neobanks.
Best Alternatives to Traditional Banks
Traditional banks aren't the right fit for everyone. But what other options do you have? Find out in this detailed breakdown of alternatives to banks.
Best Free Debit Card for Kids and Teens
Are free debit cards for kids safe and legit? Compare the top 10 best free debit cards for teens and kids under 13.
Greenlight Alternatives
Check out the top alternatives to Greenlight Debit Card for Kids to help you save money and enjoy similar features as Greenlight.
Best Check Cashing Apps
Check cashing apps let you cash physical checks on the go at any time. Review the top 11 non-bank check cashing apps (and their fees) in this guide.
Easiest Second Chance Bank Accounts
Rough financial history? You may find yourself unable to open many traditional bank accounts. In this article, review the top 5 second-chance bank accounts.
Next Page: Current Banking Review
