Current is a debit card and app that empowers teens to make the best financial decisions. Current gives teens a set of tools that can help them learn how to budget money.
This includes settings savings goals, our round-up savings feature, and the ability to check their balance so they always know how much they have to spend. Teens can earn money by completing chores, pay or request money from friends, and even give to charity. Each teen account includes a Visa chip debit card, in their name, that allows teens to spend online, in stores, and use ATMs. It even works with Apple Pay. Parents can set an automated allowance, create and approve chores, and will never have to run to the ATM for cash again.
The app provides you with visibility into your teens spending with real-time alerts that show where transactions are happening. If they are out with friends, or traveling outside the country, sending them extra money is easy. Current takes only a few minutes to setup and conveniently works with your existing bank account.