Save the money you’re spending on fees
We built Varo so your money really works for you.
Get a no-fee1 Varo Bank Account.
Save money and earn interest
Every penny gets put to work in a high-interest Varo Savings Account.
Annual Percentage Yield2
• Balance must be at least $0.01 to earn interest
New customers seeking to qualify for 2.80% APY will first need to set up direct deposit and receive their debit card in the mail and activate it. Until the qualifying direct deposit(s) are posted and debit card purchase transactions made, they will earn 2.12% APY.
For details see the Rate Information section of the Varo Savings Account Agreement
Our automatic savings tools make it easy to save money every time you spend or earn. There’s no minimum balance requirement or opening deposit for a Varo Savings Account, and never any fees. Just saving—and saving feels good.
Money In: Use mobile check deposit in the app.
Money Out: If you need to send a paper check, we’ll mail one for you for free.
Mobile deposit is available on iOS only, but will be coming to Android soon!
Happy, human, and helpful Customer Service
Your Utah-based Varo Customer Service team is available 7 days a week.