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Current Debit Card

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This Visa debit card allows parents greater access to and control over teen spending, with a prepaid account designed to be transparent and easy to manage. You can disperse allowances, monitor and restrict spending activity, and send money instantly. However, we’ve learned of many complaints about fraudulent card use and a lack of security, along with difficulties getting in touch with customer support, so we suggest looking at other prepaid card options first.

Our rating
Min. credit level: Limited Credit History
Annual Fee: $36

Current Debit Card

Our rating
Limited Credit History Min. credit level
$36 Annual Fee
Apply Now

Highlights & Features

Balance Transfers

A balance transfer is a way to move credit card debt from one credit card to another with the goal of saving money on interest.

Intro Balance Transfer APR N/A
Regular Balance Transfer APR N/A
Balance Transfer Fee N/A
How to Transfer a Balance on a Credit Card

Fees

Penalty APR N/A
Late Fee N/A
Returned Payment Fee N/A
Additional Cards Annual Fee N/A
Foreign Transaction Fee 3%
Learn About Types of Credit Card Fees

Cash Advances

Borrowing cash on your credit card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.

Cash Advance APR N/A
Cash Advance Fee N/A
How to Get a Cash Advance with a Credit Card
Current Debit Card

Highlights

  • Basic plan for no additional fees or Premium plan for an extra $4.99 per month
  • Instant transfers
  • No cash reload or withdrawal fees
  • No overdraft fees
  • No minimum balance
  • Maximum balance of $10,000
  • $36 annual fee
ABOUT THE ISSUER

Choice Financial Group

Speak to Customer Service

701-356-9700

Current is a prepaid Visa debit card and checking account aimed for teens with parent oversight in mind, allowing greater transparency and control over spending. This is not a credit card, and it won’t help you build credit.

Along with being able to see all the activity on your or your child’s card, you can also set spending limits, disperse allowances, pause the card, and transfer money instantly. The account is FDIC insured up to $250,000, so you can be sure that money is secure.

There’s no minimum balance required, and you can only have a maximum balance of $10,000 on this card.

This bank account service is only available as a mobile app — the Current app — so you won’t be able to visit a location in person or online to do your banking. Mobile check deposits may be available. You can use the card in mobile wallets like Apple Pay and Google Pay.

A Current account comes in two forms: Basic and Premium.

The Basic plan doesn’t have any additional costs per month, but the Premium plan charges an extra $4.99/month and offers faster direct deposits, a premium card, and your gas holds are instantly credited.

Typically, prepaid cards have a bunch of fees for anything from purchases to ATM withdrawals, but the Current debit card does pretty well. You won’t have to worry about purchase or transfer fees, withdrawal fees, overdraft fees, or activation/inactivity fees. They will charge you a 3% foreign transaction fee, a $5 card replacement fee, a $3 international ATM fee, and a $2 paper statement copy fee.

That’s about it, and as you can see, you may never have to pay most of these fees.

Both plans come with a $36 annual fee and operate in the same fashion.

To get your own Current card, just enter your number and they’ll send you a download link which lets you connect your bank, after which they’ll send you a card in the mail.