Current vs Kovo
Current is a simple, digital-only banking app with impressive bonus and cashback. How does it compare to Kovo? Read our comparison chart below.
Current offers mobile-only banking for adults and teens. It offers cashback rewards, interest on savings, faster direct deposit, and fee-free overdrafts. There are no monthly fees and no minimums.
While Kovo provides access to online courses for $10/month. It helps build credit by reporting the monthly payments to the credit bureaus. The main downside is the 24-month lock-in period.
Compare Current with Kovo, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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| Visit Site | Visit Site | |
Current | Kovo | |
|---|---|---|
Build Credit While You Bank - | Build Credit & Earn Rewards - | |
Benefits and Features | ||
| Savings | Up to 4.00% bonus on your Savings Pod, on up to a total of $6,000 | |
| Checking | Earn up to 15x points on purchases at participating merchants | |
| Kids Debit Card |  | |
| Mobile App | ||
CreditDonkey® Reviews | ||
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| Savings |   | |
| Minimum Deposit | | |
| Checking | | |
| Price | | |
| Mobile App | |  |
| Customer Service | | |
| Ease of Use | | |
| Education | | |
| Fees | | |
| Credit Building Tools | | |
| Credit Bureaus Reporting | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Simple, digital-only banking app with impressive bonus and cashback... | Simple credit builder that gives you access to digital courses... |
| Visit Site | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Current: Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Member FDIC, and Cross River Bank, Member FDIC. | ||
Build Credit While You Bank
- Get Paid Up to 2 Days Faster
- Build credit and earn points with every swipe
- 40,000 fee-free Allpoint ATMs in the U.S.
- No credit check, minimum balance or hidden fees
Current Savings - Up to 4.00% bonus
- 4.00% bonus on up to $6,000 balance if you receive and maintain a qualifying direct deposit of $200 or more in a rolling 35 day period. (Otherwise, 0.25%)
- Simply add money to your Savings Pods and enable the Boost feature.
- Earn bonus on up to 3 Savings Pods, up to $2,000 balance each.
- Bonuses accumulate daily.
Which is Better: Current or Kovo?
Still need help deciding which credit builder is better? Read the in-depth reviews below. You may also be interested in comparing Current or Kikoff.
Articles on Current
Current Banking Review
Articles on Kovo
Kovo Credit Builder Review
