Make the most of every dollar with a bank account that helps you avoid fees, get paid early¹, and reach your money goals faster.
4.9
177k App Store Reviews
4.7
204k Google Play Reviews
Back account features
Everything you need to get ahead
No hidden fees
No sketchy fees. Period.
That’s right. No monthly fees. No overdraft fees (we help you spend only what you have).² No WTF fees. Because your money is your money. And we help you keep more of it.
Early direct deposit
Get paid faster. You deserve it.
Get paid up to two days early1 so you can do what you want with your money when you want.
Faster money moves
We’ve got Zelle®, baby.
And unlike other money apps, we’ve got Zelle® in the Varo app.³ So now all it takes to send money and get money fast is a few easy taps.
Mobile banking app
One app for all your money things.
All your cash is conveniently at your fingertips in the Varo app.⁴ Deposit checks, link accounts, and keep tabs on your spending.
Fee-free ATMs
40,000+ ways to get your cash. Fast.
With over 2x more free ATMs⁵ than big banks,⁶ it’s easier than ever to find cash as soon as you need it. Stick with us, and you skip the fees.
$ecurity & FDIC insurance
Insured & secured with the FDIC.
What’s precious to you is precious to us. Since we’re a legit bank, you can count on us to keep your money FDIC-insured for up to $250,000 in case the worst happens (hint: bank failure).⁷
Sign up in less than two minutes.
Download the app.
Apply for an account.
Add your card to your mobile wallet.
You’re on your way.
In the press
"Neobanks are a dime-a-dozen these days...Not Varo. The digital-only bank is the first consumer fintech to be granted a full-service bank charter..."
"Colin Walsh is on a mission to create a more inclusive digital bank– and he went through the regulatory wringer in the middle of the pandemic to prove it..."
“We’re a direct member of the FDIC, we’re regulated by the OCC, and we’ve made very prudent decisions to build a very effective risk management program that protects our customers” - Colin Walsh
“Neobank pioneer Varo Bank has become the first digital bank to join Zelle’s payment network. Surely this move represents a step forward for neobanks...”
THE HYPE IS REAL.⁸
"Banking without fees has really been a breath of fresh air. I love that I don’t have to stress about fees with Varo."
Greg D.
"I’ve got more in my Varo Savings Account than I’ve ever had in any savings account, so that feels awesome."
Ellynore B.
"I’ve used several other online banks and Varo has by far been the easiest to use."
Alex G.
"If something happens, they’ve got your back. It’s more than just being FDIC-insured, they actually value you as a customer."
Pam D.
DO MONEY THE WAY YOU WANT.
Sign up for Varo in less than two minutes. There’s no impact on your credit score.
FAQ
What is an online bank account?
How can I open an account online?
How do I withdraw or deposit money in a bank account online?
Can I open a bank account with no money?
Is online banking safe?
Answer
This type of account offers the features of traditional banking — deposits, withdrawals, transfers, and payments — without having to visit a local branch. Accounts from Varo are convenient, efficient, and easy to open and manage. All you need is a computer or mobile device and an internet connection to apply. Even better, we don’t have local branches to maintain, so that helps us avoid charging you monthly banking fees. Win win!