What are Savings Pods?

A Savings Pod is a place to set aside your extra cash and help you reach your savings goals. Create up to three pods and start saving, then grow your money with an annual Boost rate of up to 4.00%.

What is Current Boost?

Current Boost is an optional feature to earn additional bonus funds on up to three eligible Savings Pods in a year. Assuming funds in applicable Savings Pods are kept steady over the year, your Boost is determined by the rate you’re eligible for and the frequency of compounding.

How much can I earn with Current Boost?

You can earn a bonus rate of 4.00% annually on up to three Savings Pods as long as you receive qualifying direct deposits of $500 or more. That means up to $240 in savings per year. Don’t have a qualifying direct deposit? No worries. You’ll still earn 0.25% on your eligible Savings Pods.

How do I set up a Savings Pod?

You must be a Current member with an Individual (Debit or Build) Account. Then, follow these easy steps: - Open the Current app - Scroll down and tap on Savings Pods - Tap on Add Funds - Start growing your money Wanna boost your savings even further? Turn on Round-Ups to set aside some extra change every time you make a purchase. This way every swipe gets you closer to your goals.

Do Savings Pods have a minimum balance requirement?

No. There’s no minimum balance required to earn a bonus on your Savings Pods. We want to make saving accessible to everyone, so as long as you have $0.01 set aside in your Savings Pods, you’ll begin to watch your savings grow. However, in order to qualify for a bonus rate of up to 4.00% annually, you must receive qualifying direct deposits of $500 or more a month.

How do I put money in my Savings Pods?

There are three ways to add money to your Pods: 1. Transfer directly from your Spending Balance 2. Add money from an external linked account 3. Turn on Round-Ups to automatically transfer spare change to your Pods

How do Round-Ups work?

Round-Ups bring you closer to your savings goals by rounding your debit card purchase to the nearest dollar and then sending the spare change straight to your Savings Pods.

Is there a maximum balance that earns a bonus under Boost?

Yes. Under Current Boost, you’ll only be able to earn a bonus on the first $2000 in each Savings Pod. Since you have access to 3 Savings Pods, this means that at maximum, you can earn an annual bonus 4.00% on up to $6000. All remaining Savings Pods balances above $6000 earn 0.00%.

Make more money from your money

We’re helping you reach your goals faster with up to a 4.00% annual bonus on Savings Pods

Savings Disclosures

Boost Bonuses are credited to your Savings Pods within 48 hours of enabling the Boost feature and on a daily basis thereafter, provided that the Savings Pod has accrued a Boost Bonus of at least $0.01. The Boost rate on Savings Pods is variable and may change at any time. The disclosed rate is effective as of August 1, 2023. Must have $0.01 in Savings Pods to earn a Boost rate of either 0.25% or 4.00% annually on the portion of balances up to $2000 per Savings Pod, up to $6000 total. The remaining balance earns 0.00%. To earn a Boost rate of 4.00%, the sum of your Eligible Payroll Deposits over a rolling 35-day period must be $500 or more, with at least one Eligible Payroll Deposit equalling a minimum of $100. No minimum balance required. For more information, please refer to Current Boost Terms and Conditions.

Grow your savings with up to 4.00% annual bonus

Unlock a savings boost and earn 4.00% annually on your Savings Pods when you set up and maintain a direct deposit of $500 or more, or earn the 0.25% base bonus.

Automate savings with Round-Ups

Round-Ups make saving easy and automatic. Just swipe your debit card and we'll round up your purchase to the nearest dollar and deposit it right into your chosen Savings Pod.

Reach your goals with Savings Pods

Savings Pods help you set and reach your savings goals. Create up to three pods for whatever you're saving for.

FAQ

What are Savings Pods?

A Savings Pod is a place to set aside your extra cash and help you reach your savings goals. Create up to three pods and start saving, then grow your money with an annual Boost rate of up to 4.00%.
What is Current Boost?

Current Boost is an optional feature to earn additional bonus funds on up to three eligible Savings Pods in a year. Assuming funds in applicable Savings Pods are kept steady over the year, your Boost is determined by the rate you’re eligible for and the frequency of compounding.
How much can I earn with Current Boost?

You can earn a bonus rate of 4.00% annually on up to three Savings Pods as long as you receive qualifying direct deposits of $500 or more. That means up to $240 in savings per year. Don’t have a qualifying direct deposit? No worries. You’ll still earn 0.25% on your eligible Savings Pods.
How do I set up a Savings Pod?
You must be a Current member with an Individual (Debit or Build) Account. Then, follow these easy steps:
- - Open the Current app
- - Scroll down and tap on Savings Pods
- - Tap on Add Funds
- - Start growing your money
Wanna boost your savings even further? Turn on Round-Ups to set aside some extra change every time you make a purchase. This way every swipe gets you closer to your goals.
Do Savings Pods have a minimum balance requirement?

No. There’s no minimum balance required to earn a bonus on your Savings Pods. We want to make saving accessible to everyone, so as long as you have $0.01 set aside in your Savings Pods, you’ll begin to watch your savings grow. However, in order to qualify for a bonus rate of up to 4.00% annually, you must receive qualifying direct deposits of $500 or more a month.
How do I put money in my Savings Pods?
There are three ways to add money to your Pods:
1. 1. Transfer directly from your Spending Balance
2. 2. Add money from an external linked account
3. 3. Turn on Round-Ups to automatically transfer spare change to your Pods
How do Round-Ups work?

Round-Ups bring you closer to your savings goals by rounding your debit card purchase to the nearest dollar and then sending the spare change straight to your Savings Pods.
Is there a maximum balance that earns a bonus under Boost?

Yes. Under Current Boost, you’ll only be able to earn a bonus on the first $2000 in each Savings Pod. Since you have access to 3 Savings Pods, this means that at maximum, you can earn an annual bonus 4.00% on up to $6000. All remaining Savings Pods balances above $6000 earn 0.00%.