Varo Bank Account

Your Bank Account of the Future

A mobile bank account through The Bancorp Bank that’s easy to use, affordable, and designed to help you manage your money.

Designed for mobile, focused on your needs

  • Our app is always in your pocket
  • We’re not bogged down by physical branches and you shouldn’t be either
  • There are many ways to reach us—when you just want a real human, we have a team of people to answer your questions

No-fee philosophy

Free ATM withdrawals from 55,000 Allpoint ATMs worldwide

No monthly service fees

No minimum balance requirements or fees

No foreign transaction fees

All the banking features you expect

  • Varo Visa® Debit Card* with EMV chip for added security
  • Early Payroll Direct Deposit  Learn more
  • Easy transfers from Venmo, Square Cash, and PayPal
  • Bill pay by direct debit or by check
  • Mobile Check Deposit
  • Conveniently deposit cash at 1000s of participating retailer locations nationwide (they will charge a fee)

With all the safety and security you need

  • Zero Liability: Visa protects your Varo Card information 24/7 and you won’t be held liable for unauthorized purchases made with your Card information**
  • 100% Safe & Secure: As a Varo customer, your privacy and data is fully protected through strong encryption, access control, secure processes, and audits
  • FDIC Insured: Your deposit account is provided by The Bancorp Bank, Member FDIC, and is insured to at least $250,000

No more mental math required

The Varo Forecast is a one-stop shop for understanding and managing your cash flow, including:

  • An overview of current balances
  • A 30-day view of cash flow health
  • Income and upcoming bill predictions
  • Recommended actions to improve your financial health

Right now, Forecast is only available for our iOS app.

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

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