Updated September 28, 2026 · VaultCue Editorial Team
Current vs Daviplata
Current
Daviplata
Higher score in this comparison
Where Current and Daviplata differ
| Compare | CurrentReviewVisitVisit | DaviplataReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | $0 | COP 0 |
| Currency conversion fee | 3% | 0%Lower |
| Free ATM withdrawals | $0 | COP 0 |
| Transfer fee | $0 - no bank transfer fees | COP 0 for consumer transfers; up to COP 3,170 + IVA per transfer for business transfers via Portal Empresarial and Pyme |
| Deposit protection | FDIC up to USD 250,000 | Not confirmed |
| Currencies | Not confirmed | 2 |
| Local account details | Us ACH | Not confirmed |
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Key differences
- Daviplata scores higher overall: 9.1 vs 8.9.
- Currency conversion fee is lower at Daviplata: 0% vs 3%.
- Support channels: only Current offers Chat, Email.
- Audience: only Current offers Teen.
- Audience: only Daviplata offers Expats, Business.
- Features: only Current offers No credit check.
Our verdict on each
Current
Current is a set-aside account for a teen in the US who wants a pot they can reach from the phone. The minimum deposit is $0.01 and the variable rate runs 0.25% to 4%, so the pay on savings can move as the provider adjusts it.
Daviplata
Daviplata suits expats and small businesses in Colombia who want one app for everyday banking and remittances, with a monthly fee of COP 0 and a currency conversion fee of 0%. Transfers land immediate, within minutes, and money comes out to a bank account, cash pickup or wallet.
Score breakdown
| Area | Current | Daviplata |
|---|---|---|
| Cost | 9.1Monthly fees on the easy-access account run at $0, transfers cost $0 - no bank transfer fees and conversion 3%. | 9.6HigherLow cost: COP 0 monthly, 0% currency conversion fee, COP 0 on a consumer transfer. |
| Offer | 8.7Higher | 8.3 |
Where each is licensed and available
| Country | Current | Daviplata |
|---|---|---|
| United States | NMLS 2533115 | Not confirmed |
Additional countries for Current: 1. Additional countries for Daviplata: 1.
Which one suits you
Pick Current if offer matter most.
Pick Daviplata if cost and currency conversion fee matter most.
Spending 1,000 abroad
Current
30
3% of 1,000
Daviplata
0
0% of 1,000
Daviplata comes out 30 lower in this example.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
Sources behind this comparison
Current
- current.com: 12 facts, checked September 26, 2026
Daviplata
- daviplata.com: 11 facts, checked September 26, 2026
How they place
| Ranking | Current | Daviplata |
|---|---|---|
| Online banks | 10 of 402 | 71 of 402 |
Every fact side by side
| Fact | Current | Daviplata |
|---|---|---|
| Audience | Teen | Expats, Business |
| Pricing model | No monthly fee | No monthly fee |
| Features | Free ATM, Digital only, No credit checkCovers more | Digital only, Free ATM |
| Legal entity | Finco Services, Inc. dba Current | Banco Davivienda S.A. |
| Headquarters | United States | Colombia |
| Support channels | Chat, Email, Help centreCovers more | Help centre |
Money transfer
| Fact | Current | Daviplata |
|---|---|---|
| Delivery time | Not confirmed | immediate, within minutes |
| Payout methods | Not confirmed | Bank, Cash pickup, Wallet |
| Fee to send 1,000 | Not confirmed | COP 0 |
Where each stands against the rest
| Fact | Current | Daviplata | Median |
|---|---|---|---|
| Currency conversion fee | 3%highest quarter | 0%below the median | 0.5% |
| Currencies | Not confirmed | 2lowest quarter | 5 |
Median across 536 listed accounts.
Pros and cons
Current
Pros
- Deposits are covered by FDIC up to USD 250,000, which is the detail a new saver should check.
- The stated audience is teen, and the account kind is easy access.
- Pods open on demand in the mobile app with no notice period, so a set-aside stays flexible.
Cons
- The 0.25% to 4% range has a low floor, so a pod can earn very little for stretches.
- Support runs on chat, email and help centre, so there is no phone line for urgent questions.
- Currency conversion costs 3%, which makes it a weak base for holding travel money.
Daviplata
Pros
- The monthly fee is COP 0, and consumer transfers cost nothing.
- A currency conversion fee of 0%, the lowest of the 312 brands compared.
- Remittances arrive immediate, within minutes, and payouts reach a bank account, cash pickup or wallet.
Cons
- Support runs on help centre only.
- Only 2 currencies are covered, so anyone trading in more may look at Skrill or Plazo ES.
- Business transfers through Portal Empresarial and Pyme carry a fee per transfer plus IVA, unlike consumer transfers at COP 0.
Who each suits
Current
Who it suits
- A teen in the US starting to set money aside, since the stated audience is teen.
- Anyone happy to manage saving in the app, since pods run on demand with no notice period.
- US savers paid in dollars, with transfers moving over us ach.
Who should look elsewhere
- Plazo ES, whose headline rate of 24.19% sits well above the 0.25% to 4% range here.
- AXI Card Tarjeta y Credito, listed at 21.59% if a higher headline number is the goal.
- PayPal Colombia, listed at 3.3%, for anyone shopping only on the headline rate.
Daviplata
Who it suits
- Expats in Colombia who want a local account and a remittance wallet in the same app.
- Small businesses that pay and receive through consumer and business transfer routes.
- Readers who want free ATM access and no monthly charge, since the account fee is COP 0.
Who should look elsewhere
- Plazo ES, if you are paid in euros: its monthly fee is €0, and the 2 currencies Daviplata holds may not match your income.
- PayPal Colombia, if a wallet is enough: its monthly fee is $0, while Daviplata adds a bank account and free ATM withdrawals.
- Skrill, if you hold more currencies than the 2 Daviplata covers; its monthly fee is €0, so currency range is the only reason to move.
Current offers
Current
Current offer
Bonus
1% cash back on eligible Build Card purchases: 1% cash back
To earn Points you must receive at least one Eligible Payroll Deposit of at least $200 over a 35-day period and make Build Card purchases at retailers whose merchant code is in the selected categories in the app; points expire 365 days after they settle
Source, checked September 26, 2026
Country by country
| Country | Current | Daviplata |
|---|---|---|
| Colombia | No | Yes |
| United States | Yes | No |
Questions about each
Current
What does it cost to run a Current account?+
The monthly fee is $0 and the model is no monthly fee, so there is no standing charge to watch. Bank transfers are listed as $0 - no bank transfer fees. The cost that does apply is currency conversion at 3%, which matters if money is held or spent in another currency.
How do I move money in and out?+
Transfers run over us ach, so money moves through the US system. Bank transfers carry $0 - no bank transfer fees, and the minimum deposit is $0.01, so a small transfer is enough to open a pod and add to it later.
Daviplata
What does it cost to keep a Daviplata account?+
The monthly fee is COP 0, so keeping the account open costs nothing. Consumer transfers are free on the same schedule. Charges appear on the business side: transfers made through Portal Empresarial and Pyme carry a fee per transfer plus IVA, which is the line to read if you pay suppliers through the app.
Does Daviplata charge for currency conversion?+
The currency conversion fee is 0%, the lowest of the 312 brands compared on that measure. It matters most for expats who receive or hold money in another currency. The account covers 2 currencies, so pairs outside that list need another route.
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Related by the facts
Current
Daviplata