Current (Fintech) Launches ‘Current Max’ – $10 Monthly Fee [3x Dining/Grocery & 6% APY]

Current (Fintech) has launched a new a paid membership tier that costs $10 per month and promises:

• 3x points per $1 spent on dining and groceries (normally 1x)
• 6% APY on savings pods (normally 4% APY)
• Priority Voice support
• Choice of 10 additional benefits (didn’t see this in the e-mail fwded to me but reader Daniel mentions it)?

You can have up to $2,000 per savings pod, up to a maximum of $6,000. Both the 3x earn rate and 6% APY rate need an Eligible Payroll Deposits over a rolling 35-day period must be $200 or more. An extra 2% APY on $6,000 is $120 annually so this just offsets the $10 monthly fee. Higher basic rates are available with less work though so not very attractive for most people unless you want Max for the 3x earn rate. 

Hat tip to reader Daniel