Bye account fees. High savings.

Forget how you saw banking. Get a full-featured Bank Account and open a Savings Account with 2.12% Annual Percentage Yield and auto-savings tools.

Keep more of your money

  • No monthly service fees
  • No foreign transaction fees
  • No ATM fees at 55,000 Allpoint locations

Bank Account

Make money on your money

  • 2.12% Annual Percentage Yield (APY) Savings Account^
  • Save automatically with Save Your Pay and Save Your Change
  • No minimum balance

Savings Account

Manage it more easily

  • In-app budgeting and security tools
  • Alerts for income and spending
  • Salt Lake City-based live customer support 7 days a week

All features

Bank Account

Fee-free banking, no surprises.

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Savings Account

Savings Account with 2.12% APY.^

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Personal Loans

Mobile loans in just a few taps.

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Why Varo?

Convenient mobile banking tools.

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I decided that I don’t need to go to the bank anymore - Varo on your phone is as convenient as it gets.

— Bahi, Varo customer

To anyone who is thinking about switching to Varo: don’t hesitate, it will be one of the best decisions you ever make.

— Iris, Varo customer

Varo is very simple and easy. You don't have to worry about charges.

— Jerry, Varo customer

Get Started

Apply for a Varo Bank Account now. The in-app application takes 5 minutes or less!

No credit check required Varo Money iPhone app

Your Varo Bank Account is provided by The Bancorp Bank, Member FDIC, and is insured to at least $250,000.


Varo can disrupt big banks and build a more cost-effective and consumer-friendly platform that appeals to Millennials

[Varo’s] mission revolves around helping customers improve their financial situation

Varo’s aim is to provide a suite of app-based tools for customers’ financial health

Varo Money is an app that could replace a traditional bank account

Varo is a no-fee, all-in-one banking solution aimed at millennials… if you’ve lost your free account, ‘come to Varo, you’re welcome here

Varo’s machine-learned algorithms detect customer’s income and expenses, and then predict outcomes over the near-term future — linked to a system of notifications, recommendations and tracking