Don’t worry about account fees. We don’t charge any.
Free withdrawals at 55,000+ Allpoint® ATMs
No foreign transaction fees
No monthly fee
No minimum balance requirement
No debit card replacement fee
No transfer fee
No to account fees, yes to peace of mind. Your deposits are FDIC insured through The Bancorp Bank; Member FDIC.
A mood boost from your money
A lot of banks could offer early direct deposit, but they don’t. We want you to have your money as soon as possible, so we don’t wait.
Get your paycheck up to 2 days early by setting up Direct Deposit to your Varo Bank Account.
This card works hard
Instantly lock your EMV-chip card in the app
Connect Apple Pay™, Google Pay™, PayPal, Cash App, and Venmo
Visa Zero Liability guarantees you won’t be held responsible for unauthorized charges on your account.2
Know when your balance changes
Push notifications instantly alert you when:
There’s a deposit to or a withdrawal from your Varo Bank Account
Your debit card is used for a purchase or cash withdrawal
Deposit money, move money
Connect your external accounts to manage all your money and make transfers
Deposit checks in the app (iOS only, coming soon to Android) or have us mail a paper check for you for free
Deposit cash at Green Dot® Network locations (Green Dot charges a fee)
Save money and earn interest
Every penny gets put to work in a high-interest Varo Savings Account.
Annual Percentage Yield2
Requirements
• Balance must be at least $0.01 to earn interest
The Savings Account balance must be $50,000 or less and the customer must meet both of the following requirements:
• Receive payroll or government direct deposits totaling at least $1,000 each month into the Varo Bank Account
• Use the Varo Visa® Debit Card to authorize at least 5 purchases each month (excluding ATM or Over-the-Counter Cash Withdrawals and P2P transfers)
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
Auto-savings tools make it easy to save every time you spend or earn. There’s no minimum balance or opening deposit, and never any fees. Just saving—and saving feels good.
Happy, human, and helpful Customer Service
Your Utah-based Varo Customer Service team is available 7 days a week.
Email help@varomoney.com
Call 1-800-827-6526
Stop paying account fees. Apply for a Varo Bank Account today!
13,000+ 5-star reviews
on App Store and Google Play™ Store
“Varo is a mobile-only banking app with a hard-to-beat combo: free checking and high-yield savings.”
—NerdWallet^
