ByIf you’ve been watching YouTube lately, you’ve likely seen your favorite creators—from MrBeast to top finance gurus—shouting out Current. They aren’t just promoting a bank; they are offering a $50 cash sign-up bonus that sounds too good to pass up.
But here is the problem: Most “coupon code” websites are filled with expired links, confusing instructions, and fake promises. You enter a code, expect free money, and get… nothing.
This guide is different. We have audited the latest influencer campaigns to bring you the only list you need. More importantly, we break down the “Direct Deposit Requirement” (the #1 reason people fail to get paid) so you can actually claim your cash.
Quick-Win: The Verified Code List
If you are ready to sign up right now, don’t waste time scrolling. Use one of these active codes to lock in your offer.
| Creator / Campaign | Promo Code | The Deal | Status |
| MrBeast (Jimmy) | BEAST or BEASTBANK | $1 Instant + $50 Bonus* | ✅ Best Offer |
| Current Welcome | WELCOME50 | $50 Sign-Up Bonus* | ✅ Verified |
| Graham Stephan | GRAHAM | $50 Sign-Up Bonus* | ⚠️ Limited |
| David Dobrik | DAVID | $50 Sign-Up Bonus* | ⚠️ Limited |
| Standard Referral | CURRENT50 | $50 Sign-Up Bonus* | ✅ Verified |
> Important: Entering the code is just Step 1. To actually receive the $50 cash, you must complete a qualifying direct deposit of $200+ within 45 days. We explain exactly how to do this below.
Why Do YouTubers Push Current So Hard?
It’s not just about the sponsorship money. Current (a fintech company, not a traditional bank) has built its entire marketing strategy around the creator economy.
Unlike Chase or Wells Fargo, which spend millions on TV commercials, Current partners with creators to reach a younger, mobile-first audience. This is why the bonuses are so high. They are passing their advertising savings directly to you in the form of a $50 referral reward.
The “MrBeast” Effect
MrBeast (Jimmy Donaldson) is Current’s most famous partner. His code (BEAST) is unique because it often includes a “micro-bonus” (usually $1) just for signing up and verifying your identity, in addition to the standard $50 deposit bonus. If you are unsure which code to use, his is historically the most reliable.
The “Catch”: How to Actually Get the $50
This is the most critical section of this article. Read it carefully.
90% of users who complain “Current is a scam” or “My code didn’t work” failed because they did not understand the Direct Deposit Requirement.
The Rule
To unlock the $50 bonus, you must receive a qualifying payroll direct deposit of $200 or more into your new Current account within 45 days of entering the code.
What Counts as “Direct Deposit”? (✅)
The money must come from an employer or benefits provider via the ACH system.
- Paychecks: Your standard weekly/bi-weekly salary from your job.
- Government Benefits: Social Security, disability, or unemployment payments.
- Gig Economy Payouts: Uber, Lyft, DoorDash, GrubHub, etc. (See the “Gig Worker Trick” below).
What Does NOT Count? (❌)
- P2P Transfers: Venmo, Cash App, Zelle, PayPal.
- Bank Transfers: Moving $200 from your own Chase/BoA account to Current.
- Cash Deposits: Loading cash at CVS or Walmart.
- Mobile Check Deposit: Taking a picture of a personal check.
💡 The “Gig Worker” Trick:
If you drive for Uber or DoorDash, you don’t need to wait for a “payday.” Go into your driver app settings and change your payout method to your Current bank details (Routing & Account Number). Wait for the weekly automatic payout (usually on Tuesdays).
Warning: Do not use “Instant Pay” (where you pay a $0.50 fee to get money instantly). This often processes as a debit card refund, not a direct deposit, and might not trigger the bonus.
Step-by-Step: Claiming Your Bonus
Follow this exact walkthrough to ensure your tracking doesn’t break.
1. Download & Input Code
Download the Current app (iOS/Android). During the registration process, you will see a field labeled “Referral Code” or “Promo Code.”
- Action: Enter BEAST or WELCOME50.
- Note: If you don’t enter it now, you cannot add it later.
2. Verify Your Identity
Current is a regulated financial entity. By law (The Patriot Act), they must verify you are a real US resident.
- Action: Provide your Name, Address, and SSN.
- Security Note: This is standard for all US banks. Your data is encrypted.
3. Locate Your Numbers
Once inside the app, tap your account settings to find your Account Number and Routing Number.
- Action: Copy these numbers.
4. Switch Your Deposit
- Action: Log into your employer’s payroll portal (like ADP, Workday, or Paychex) or give the numbers to your HR manager. Set up a deposit of at least $200.
5. Wait for the Notification
Once the $200+ hits your account, the $50 bonus usually arrives within 10 business days. You will get a push notification saying: “Congrats! Your referral bonus has arrived.”
Deep Dive: Is Current Actually a Good Bank?
You came for the code, but should you stay for the banking?
After testing the app extensively, here is the honest breakdown of why millions of Americans (especially Gen Z) are sticking with Current.
1. Savings Pods (4.00% APY)
This is the “killer feature.” Traditional banks pay you 0.01% interest. Current offers up to 4.00% APY on their “Savings Pods” (on balances up to $6,000).
- The Math: If you keep $6,000 in a Savings Pod, you earn roughly $240/year in free passive income. That beats almost every big bank in America.
2. Get Paid 2 Days Early
Current processes direct deposits the moment they receive the notification from the Federal Reserve, not when the money “clears.”
- Benefit: If your payday is Friday, you will often see the money in your Current account on Wednesday morning.
3. The “Build” Card (Credit Building)
If you have a low credit score (or no score), Current offers a specialized Visa card called “Build.”
- How it works: It uses the money in your Current account to secure the limit. You spend it like a debit card, but Current reports it as “Credit Payments” to the three major bureaus.
- Result: Users often see their credit score jump by 30-60 points within a few months.
4. Crypto Trading (Zero Fees*)
You can buy Bitcoin, Ethereum, and other coins directly in the app.
- Note: While convenient, serious crypto traders might prefer dedicated exchanges like Coinbase. But for a casual $50 purchase, it’s seamless.
Comparison: Current vs. The Competition
How does Current stack up against other “Neo-banks” that also offer sign-up bonuses?
| Feature | Current | Chime | Varo |
| Sign-Up Bonus | $50 | $100 (Targeted) | $30 – $50 |
| Deposit Req. | $200 | $200 | $200 |
| Savings APY | 4.00% (Up to $6k) | 2.00% | 3.00% – 5.00%* |
| Overdraft Fee | $0 (Up to $200) | $0 (SpotMe) | $0 |
| Credit Builder | ✅ Yes | ✅ Yes | ✅ Yes |
| Best For… | Cash & High Interest | Simple UI | High Balances |
Verdict: Current wins on interest rates for balances under $6,000. Chime sometimes offers a higher bonus ($100), but their savings rate is lower.
Troubleshooting Guide
“I signed up but didn’t get my $50. What happened?”
If you are staring at your account balance and it’s missing that sweet $50, it is likely one of these three reasons:
- The “Push” Transfer Mistake: You transferred money from your Chase account using the “External Transfer” feature. This is coded as a P2P transfer, not payroll. It does not count.
- The Timeline Expired: You entered the code but waited 50 days to set up your direct deposit. The window closes strictly at 45 days.
- Device ID Flagging: Did you have Current installed on your phone years ago? Even if you never fully signed up, Current tracks “Device IDs.” If your phone has seen the app before, you might not be considered a “New User.”
The Solution:
If you genuinely met all requirements, Current’s support is surprisingly responsive.
- Action: Open the app > Profile > Support > Chat.
- Script: “Hi, I signed up using code BEASTBANK on [Date]. I received a direct deposit of $[Amount] from [Employer] on [Date], but my bonus has not posted. Can you check my status?”
Frequently Asked Questions (FAQ)
No. Opening a Current account does not affect your credit score. There is no hard credit inquiry involved.
Yes. Once the $50 bonus posts to your account, it is fully yours. You can spend it with your debit card, withdraw it from an ATM, or transfer it to another bank.
No. The standard Current account has $0 monthly maintenance fees and no minimum balance requirements.
Yes. The BEAST promo code is considered “evergreen,” meaning it is part of a long-term partnership and rarely expires compared to short-term influencer codes.
Final Verdict
The Current Bank $50 bonus is one of the easiest “wins” in the financial app space, provided you can meet the direct deposit requirement.
If you have a job or receive benefits, switching your deposit for just one or two pay cycles is absolutely worth it for a 4.00% APY and a free $50.
Your Next Step:
- Copy Code: WELCOME50 (or BEAST)
- Click Here to Download Current
- Set up your deposit and enjoy the free cash.
Relevant Video: For a deeper look at how creators like MrBeast are reshaping the banking industry, check out this discussion on MrBeast Financial Disrupting Banking.
