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.

Availalble on the App Store

Designed for Mobile, Focused on Your Needs

  • Our iOS 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 overdraft fees or 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 Square Cash and Paypal Instant Transfer
  • 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

Get Started

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

No credit check required
Availalble on the App Store Varo Money iPhone app

Few startups try to compete with the big incumbent financial institutions head-on, but Varo is up to that challenge

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

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

Varo is taking a different approach: to meet its goal, it wants to become a full-on national bank

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