Current Savings Pods

Current's Savings Pods pay a variable Boost rate on the first $2,000 in each of up to 3 pods, $6,000 in total. The rate is 4.00% annually with a qualifying payroll deposit and 0.25% without, and balances above the cap earn 0.00%. The honest verdict: a fit for small-balance savers already living in the Current ecosystem, a weaker fit as a standalone savings vehicle because of the cap and the direct-deposit condition. As of October 14, 2026, Current's page says you earn a Boost rate of either 0.25% or 4.00% annually on the portion of balances up to $2,000 per Savings Pod, up to $6,000 total. To get 4.00% you need at least one Eligible Payroll Deposit of $200 or more over a 35-day period. Current calls it a Boost rate, not an APY, and says it is variable and may change at any time. Savings Pods require a Current Individual (Debit or Build) account, and you need $0.01 in your pods with no minimum balance. Current's disclosure on the page is dated August 1, 2023, so check the rate on the page before you open the account. Current's pages say no annual fees, no minimum balance fees and no in-network ATM fees, and that some fees may apply, including out-of-network ATM fees. Current is a fintech, not an FDIC-insured bank; it states pass-through insurance up to $250,000 via Choice Financial Group and/or Cross River Bank, if conditions are met. Access features include 40,000+ fee-free in-network Allpoint ATMs and direct deposit up to 2 days early, depending on payer timing. The catches: the $6,000 earning cap, a Boost rate that depends on a payroll deposit of $200 or more over a 35-day period, and a fintech structure rather than a bank charter.