What counts as a qualifying direct deposit for the Current bonus?

Current defines a qualifying direct deposit as a payroll, pension, or government benefits deposit of $200 or more from an employer or benefits provider. The deposit must be received within the promotional window.

How long does Current take to pay the $100 bonus?

Current typically credits the bonus within a few business days after your qualifying direct deposit posts. The payout is one of the fastest in our database.

Does Current do a hard credit pull to open a Checking Account?

No. Current does not pull your credit to open a Checking Account.

Is the Current Checking Account bonus available nationwide?

Yes. The Current Checking Account bonus is available to applicants in all 50 states.

Is the Current Checking Account bonus taxable?

Yes. Bank account bonuses are considered taxable income by the IRS. Current will send a 1099-INT form if your bonus is $10 or more.

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Current

Current Checking Account $100 Bonus

Current pays you $100 when you open an account and receive a qualifying direct deposit of $200 or more. No monthly fee. No credit bureau check. Available nationwide. One of the lowest direct deposit thresholds in our database, making it a strong first bonus for beginners.

Bonus amount: $100
Time to complete: ~14 days
Bonus deposited in: ~15 days
Difficulty: Easy

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Requirements

Last verified: Aug 20, 2026

Open an account
Open your Current account using the link above. After opening, enter promo code BLZOIX514 to unlock the $100 bonus. The offer will not work without the link.
Make a $200 qualifying direct deposit
Receive a payroll direct deposit of $200 or more within 45 days of account opening.

Bonus usually posts to the account within a few hours of the required direct deposit.

Account Details

Monthly feeNo monthly fee

Min. hold period60 days

No minimum hold period. Keep open for 60 days to avoid issues. A Current account is useful for sending deposit to other accounts to trigger direct deposit requirements.

Credit inquiryNo credit pull

ChexSystemsThe bank does not publish whether it screens banking history. Ask before you apply.

AvailabilityNationwide

Eligibility

Minimum age18+

Existing customersNot eligible

Must be a new Current member.

Tips & Gotchas

→Enter promo code BLZOIX514 after opening your account to get the $100 bonus. If you use the code PAYROLL75 instead, you will only receive $75.
→Current is strict about direct deposits. Employer payroll works best.
→A Current account is also useful for pushing deposits to other banks to trigger their direct deposit requirements.

Direct Deposit Data Points 39

39 community reports across 24 transfer sources, showing what triggers a qualifying direct deposit at Current.

Showing 37 of 39 reports

View all Current direct deposit data points →

Can You Earn This Bonus Again?

Can rechurnNo

Fine Print

New Current members only. Enter promo code BLZOIX514 after opening your account. Receive a single qualifying payroll deposit of $200 or more within 45 days. Bonus reported on 1099-INT.

Taxable income · Reported on 1099-INT

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What is a direct deposit?

An electronic payment sent directly into your bank account, usually from an employer or government.

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Does Zelle Count as Direct Deposit for Bank Bonuses?

Usually no. At most banks a Zelle payment arrives coded as peer-to-peer and will not trigger the bonus. Citi is the clear exception. Its Enhanced Direct Deposit terms name Zelle as a qualifying deposit, and every Zelle report we have from Citi got paid.