Snag a $100 Bonus with Current's Checking Account (Here's How)

Looking for a quick and easy way to pocket an extra hundred bucks? Current, the fintech banking app, has a pretty sweet deal going right now. It's one of those offers that's refreshingly simple: open an account, get your paycheck deposited, and they'll give you a nice cash bonus. No hoops to jump through, no complicated spending requirements. Let's break down exactly what you need to do to get that money and what you should know before you sign up.

The Straightforward Path to Your $100

This bonus is about as clear-cut as they come. To get the $100, you need to be a brand-new customer to Current. You'll have to sign up using a specific referral link or enter a referral code during the application process. Once your account is open, the clock starts ticking.

Your main task is to have at least $200 from a qualifying payroll source land in your new account within the first 45 days. This means a regular deposit from your employer, a payroll service, or even government payments if you're an independent contractor. It needs to be a recurring direct deposit, not a one-time transfer.

What Definitely Won't Count as Your Direct Deposit

This is the most important part to get right, because if your deposit doesn't qualify, you won't get the bonus. Current is very specific about what they consider an 'Eligible Payroll Deposit.' To save you the headache, here's what they explicitly say does NOT count:

• Transfers from peer-to-peer apps like Venmo, Cash App, Zelle, or PayPal.
• Moving money from another bank account you own (ACH transfers).
• Mobile check deposits or cash deposits.
• One-time deposits, such as tax refunds or stimulus payments.

More Than Just a Bonus: What Current Offers

While the $100 is the main attraction, it's worth knowing what you're signing up for. Current is a banking app that focuses on features for everyday money management. They don't charge monthly fees, which is a big plus. If you set up and maintain that $200+ direct deposit, you unlock a few other perks.

You can get access to fee-free overdraft coverage, which is a nice safety net. Perhaps more interestingly, you become eligible for a 'savings boost' that can earn you a 4.00% annual bonus on savings—though be sure to check the latest terms in the app for any specific balance requirements or limits. They also offer early direct deposit, so you might get your paycheck up to two days sooner.

A Few Practical Tips Before You Jump In

First, make sure you can reliably switch a $200+ payroll deposit to this new account. If your paycheck is variable or you're between jobs, timing could be tricky with that 45-day window.

Always, always use the official referral link or have the correct code (like ZHBGZF855) ready when you sign up. If you apply through the standard website without it, you will not be eligible for the bonus. It's a common and easily avoidable mistake.

Take a screenshot of the offer terms and your application confirmation. While these promotions usually run smoothly, having a record is good practice. The bonus should post to your account after you meet the requirements, but it doesn't hurt to know exactly what you agreed to.

Bottom Line

• The $100 bonus is earned by new users who sign up via referral and get a $200+ payroll deposit within 45 days.
• Crucially, transfers from P2P apps or your other bank accounts do NOT qualify as the required deposit.
• Using the correct referral link/code during sign-up is mandatory; applying directly won't work.
• The account itself has no monthly fee and offers perks like early pay and potential savings bonuses.

Common Questions