Current Banking Review | EVERYTHING You NEED to Know

Current Card Review Check out Current HERE: https://magnified.reviews/CurrentCard Click “Show More” to see my Favorite Financial Tools ▽MY FINANCIAL TOOLS▽ 🏦 SoFi Complete Money Management ➤ Checking & Savings - https://magnified.reviews/SoFi ➤ Credit Card - https://magnified.reviews/SoFiCreditCard ➤ Invest - https://magnified.reviews/SoFiInvest ➤ Budgeting - https://magnified.reviews/SoFiRelay ---------- 💰 Chime Fully Online Banking ➤ Sign-Up for Chime HERE: https://magnified.reviews/Chime ➤ Chime Credit Builder HERE: https://magnified.reviews/Credit-Builder ---------- 💳 Favorite Credit Cards ➤ Chase Sapphire - https://magnified.reviews/Sapphire-Preferred ➤ Capital One Venture X - https://magnified.reviews/VentureX ➤ Chase Ink Business - https://magnified.reviews/Ink-Business ➤ Amex Green - https://magnified.reviews/Amex-Green ➤ Amex Platinum - https://magnified.reviews/Platinum ➤ Amex Business Gold - https://magnified.reviews/BusinessGold ---------- 📊 Wealthfront Automated Investing ➤ First $5,000 Managed for FREE - https://magnified.reviews/Wealthfront ---------- 💵 Current Card ➤ Current | Modern Banking App - https://magnified.reviews/CurrentCard ---------- 📸 MY CAMERA GEAR ➤ My Camera: https://magnified.reviews/Camera ➤ My Microphone: https://magnified.reviews/Microphone ➤ My Lights: https://magnified.reviews/Lights For starters in case you've never heard of this product, Current is essentially a fully online or mobile checking account that allows you to take care of all things personal finance right from your smartphone and the best part is this product is completely free meaning no minimum balance requirements, no hidden fees, overdraft fees, monthly fees, or anything like that. Now there is a premium account option and a teen account as well and we'll talk about both of those in a minute but for now let's focus on the core features of this product. Obviously, you're able to use your Current card anywhere that Visa is accepted but like I mentioned earlier, you're actually able to get up to 15 points per dollar which again is basically 15% cash back at participating retail locations. You're also able to withdraw cash at over 55,000 free to use ATMs worldwide and you can even deposit cash at 60,000 stores and just like the points map that we just talked about, there's also a map that will help you find both the free ATM locations as well as participating retailers where you're able to deposit cash. There's also some really good spending insight tools that can show you graphs of your income and spending, break down your spending by category or brand, and even allow you to set up specific budgeting goals for each of those categories. Now similar to that they also offer a really cool feature called savings pods which essentially allows you to automatically set money aside for specific purchases or goals that you might be trying to reach. Just so we're on the same page, I will tell you right now that the premium checking account is $4.99 per month which if you do the math breaks down to about $0.16 per day and I'm pretty sure a lot of us spend 30X that every day on a cup of coffee so I think we can justify $0.16 a day to get a better understanding of our financial wellness. Now even if you aren't looking to pay $5/month for the premium account, the nice thing is that they do give you those options meaning you have the free account and you can always get started with that and see what you think of Current and then if you really are enjoying it and you want to get some of the higher end features that we're going to talk about in a second, then you're always able to upgrade to the premium checking account and the fact that they give you those options is a huge plus in my opinion. Alright so $0.16 per day doesn't sound like a lot but what features do you get for that small fee. Well for starters the feature that seems to be most widely talked about is the ability to get paid up to two days early using direct deposit. So basically if you usually get paid on Friday then by using this feature, you will get that money transferred into your account on Wednesday. And if you do decide to use that direct deposit feature with Current, then you also qualify for OverDrive which is Currents free overdraft protection tool. And basically with OverDrive you can actually overdraft your account up to $100 and you will not be charged any fees which that alone could pay for this account for several years even if you only overdrafted a few times. Music from Epidemic Sound Magnified Money may receive compensation for sending traffic to partnered sites. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.