Current Build Card Review

This credit card could help you build or rebuild your credit history to make more things possible tomorrow. 

Whether your next steps are set on a new business, new car or owning or renting a house, you must have a good credit history to have a chance to make those dreams real. As an entry point for customers with limited or no credit history, the Current Build Card can help you build your credit history to build your future.

This innovative financial solution not only improves your credit score, but also has perks and benefits that will make you wonder why you didn’t know it before. Current Build Card is not just a flexible secured card, it’s a new way to bank.

CREDIT CARD

Current Build

1X to 7X points No minimum deposit required

Build credit while you bank

APPLY NOW You will be redirected

Current Build Card benefits

• Earn Rewards: The Current Build Card is not a simple secured card. With this card you can earn redeemable points. Rewards rates will vary from 1x to 7x points on in-store or online purchases, depending on the merchants. You can find a map of their 14,000+ participating merchants, including gas stations, local business, restaurants, Gap, Sam’s Club and Auntie Annie’s.

• Redeeming rewards: Points can be redeemed for cash or other items within the app and the minimum redemption amount is 100 points, or $1. There’s no limit when you are earning Current points, and they don’t expire. In addition, to help you boost your points, some participating businesses offer up to 15x, so you can rack up points faster.

• Savings pods with high bonus: Current gives you the opportunity to establish three distinct savings pods, each capable of earning a bonus of up to 4% on deposits of up to $2,000 when direct deposits of at least $200 are arranged. This implies that by saving $2,000 in each pod, you could potentially receive a 4% bonus on a combined balance of up to $6,000. The 4% bonus offered on these pods significantly surpasses the average annual percentage yield (APY) of savings accounts, which presently stands at 0.46% as reported by the FDIC. However, failing to arrange direct deposits of at least $200 will result in only a 0.25% bonus being earned.
• Fee-free overdraft: Building credit isn’t something easy to do. A good start is having a secured card, especially one that doesn’t charge overdraft fees. Although the problem is that there aren’t many cards that offer you that, Current Build Card is fee-free in every single way, including overdraft fees! Just set up and receive a qualifying direct deposit to get fee-free overdraft, so you’re covered.
• No minimum deposit required: Unlike traditional secured credit cards that require a deposit of hundreds of dollars, Current Build Card is here to change the way you bank. This means you don’t have to make a minimum deposit to open the credit account. You just must have a Current account before applying. In that way, you can transfer your account funds to become your security deposit, and thus your credit limit.
• No credit check required: Because the Current Build Card is compatible with the Current Save and Spend deposit accounts, there’s no need for a credit check to open the card. The card taps into the available Current spending balance, eliminating the necessity for them to conduct a credit check to assess your creditworthiness. 
• Build credit safely: What’s particularly noteworthy about the Current Build Card is its capacity to enhance your credit score with each use. While most credit builder products boost your credit by reporting all card transactions, Current goes a step further by facilitating credit enhancement irrespective of the type of transaction. Utilize your card at any Visa-accepting location, including ATMs, to bolster your credit score with each swipe. Quite impressive, isn’t it?
• Control your budget: A unique feature of Current is its budgeting option. Current lets you set up budget categories with their own spending limits. Once you set it up, Current tracks your spending in each category and alerts you when you get close to your limit.
• Paycheck Advance: This program allows you to have your paycheck 2 days faster. Get your money exactly when you need it without hurting your credit score. Mostly important, there is no credit check and no fee to apply or accept the advance. But if you want it asap, you can pay a fee that is based on the amount for an instant delivery. The due date is your next payroll deposit and to be eligible, you must have set up payroll deposits from your employer to either your Current bank account, or to an external bank account you’ve linked to the Current app.
• Current Teen Banking: Do you have a teen who you would like to teach about finances? Designed for ages 13 to 17, parents with an open Current account can open a Current Teen Banking debit card account. With no fees, strong parental controls, notifications, assigned chores and allowance features, ability to block transactions or specific merchants and more, this is a great opportunity to give your kids the financial freedom they want, keeping it visible and secure.
• No APR: This credit card will automatically hold the amount of your transactions, decreasing the amount available. That had been said, cardholders can’t overspend so there’s no APR. This credit card will help you to avoid spending beyond what you can afford to pay. In other words, you can’t carry a balance month to month.

Who can apply?

If you are 18 years or older, live in the U.S. and need to build your credit score ASAP, this credit card was made for you! You won’t have an impact on your credit score and, as long as you want to stay on top of your finances and manage expenditures more responsibly, you should save a spot on your wallet for this card!

How to apply?

Since we are talking about fintech, applying is easier than you think. All you need to do in order to sign up is:

1. Enter your phone number
2. Current will text you a download link
3. Connect your bank account
4. Provide your Social Security number
5. Upload a copy of your driver’s license or passport
6. Send your request

Frequently asked questions

Is Current legit?

Yes, Current is a legitimate fintech with banking services issued by Choice Financial Group. 

How do I contact customer service?

You can contact Current through their live chat, by phone at 1-888-851-1172, by email at [email protected] or by contact form on the Current website.

Can I deposit cash with Current?

Yes, you can deposit cash at select stores. You can find a list of locations near you at Current app.

What happens if I miss a payment on my secured credit card?

Missing a payment or paying late can hurt your credit score. Enable AutoPay and never worry about it!

CREDIT CARD

Current Build

1X to 7X points No minimum deposit required

Build credit while you bank

APPLY NOW You will be redirected