FamZoo vs Current
FamZoo is a good value family finance app with robust features. How does it compare to Current? Read our comparison chart below.
FamZoo is a virtual family banking app. It has more features than other similar apps, though there's no investing. Some unique features include IOUs, informal loans, first dibs chores, and parent-paid interest plans. The base cost is $5.99/mo per family, but you save more if you prepay.
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 FamZoo with Current, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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FamZoo | Current | |
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FamZoo Prepaid Card for Kids and Teens - | Current Savings with Interest - Up to 4% APY - | |
Benefits and Features | ||
Savings | Parents can set up a custom interest rate to encourage kids saving | Up to 4.00% APY on your Savings Pod, on up to a total of $6,000 |
Checking | Prepaid debit cards for multiple kids | Earn up to 15x points on purchases at participating merchants |
Kids Debit Card | ![]() | ![]() |
Minimum Deposit to Open | ||
Mobile App | ||
ATMs | Any ATM, but the ATM owner may charge a fee. | Free access to 40,000+ Allpoint ATMs |
Monthly Fee | $5.99 per month, OR $25.99 for 6 months $39.99 for 12 months $59.99 for 24 months | |
CreditDonkey® Reviews | ||
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Customer Service | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Mobile App | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Ease of Use | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Education | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Savings | ![]() ![]() ![]() ![]() ![]() | |
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Pros & Cons | Pros:
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Bottom Line | Good value family finance app with robust features... | Simple, digital-only banking app with impressive APY and cashback... |
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FamZoo: Pricing information from published website as of 05/01/2022 Current: Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Member FDIC |
FamZoo Prepaid Card for Kids and Teens
- Order Online
- No Credit Check
- Try for Free
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: FamZoo or Current?
In short: FamZoo's customer service and education are excellent. Current's price, mobile app, and ease of use are outstanding.