Mobile bank Current launches a points rewards program for debit card users

Amid a crowded market of mobile banking services, which will soon also include Google, U.S. challenger bank Current is launching a new program that will offer points-based rewards to its checking account customers. The program will allow Current members to earn up to 15x points on everyday debit card purchases at over U.S. 14,000 merchants, including national retailers like Subway, Rite Aid, True Value, Cold Stone Creamery, and others. The points program is an alternative to other credit cards’ “cashback” offerings, which reward users immediately with cash they can keep…

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