Current Build Card: Build Credit with Up to 7X Points

Our review of the Current Build Card

The Current Build Card is a secured credit card designed to make building credit simple, safe, and seamless. By making on-time payments, you can easily build your credit history and improve your credit score. With features like AutoPay, you can ensure that you never miss a payment.

Current Deposit Account Required

Before applying for the Current Build Card, you’ll need to have a Current deposit account. Fortunately, Current offers a versatile Save account that can help you boost your savings without any annual fees, account maintenance fees, or minimum deposit requirements. The Save account also offers an impressive up to 4% APY through Savings Pods, which is double the current offer from other credit building options like Chime.

Build Credit with No Credit Check

One of the benefits of the Current Build Card is that it works with the Current Save and Spend deposit accounts, eliminating the need for a credit check to open the card. This secured credit card draws from your Current spending balance, allowing you to build credit with every swipe, regardless of the transaction type.

Limitations on Credit Building

While the Current Build Card allows you to build credit with every swipe, it’s important to note that Current only reports to TransUnion, not all three major credit bureaus. This means that your progress may not be visible on Experian and Equifax credit reports if another lender pulls those reports.

Other Deposit Account and Card Benefits

In addition to the credit-building features, Current offers various benefits with their deposit accounts and card, including fee-free ATM access through the AllPoint ATM network, fee-free overdrafts, gas hold removal, spending insights, and cryptocurrency options.

Current Fees

While the Current Build Card has some associated fees, including foreign transaction fees, overdraft fees, and card replacement fees, there are no annual fees or account minimums. This makes the Current Build Card a cost-effective option for building credit.

Visa Benefits

As a full-fledged credit card, the Current Build Card also offers basic Visa benefits and security protections, including Zero Fraud Liability, Emergency Card Replacement, and ID Navigator from Norton.

How to Earn Rewards with Current

Cardholders can earn up to 7X reward points with eligible merchants and 1X per $1 spent on all other purchases. Rewards are redeemable for cash in your Current account, with no cap on the total number of rewards earnable with the card.

Comparison

When compared to other credit builder options like Chime Secured Visa and Self Visa Card, the Current Build Card stands out for its no credit check requirement, no annual fee, and rewards program.

Should You Apply for the Current Build Card?

If you’re looking for a simple and hassle-free way to build credit, the Current Build Card is a great option. While it may not offer a path towards graduation like some other cards, it provides a solid platform for improving your credit score and earning rewards. Consider Current Build Card if you want to build credit with ease and without any minimum deposit requirements.