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Early Direct Deposit

Stay one step ahead with early payday

Get paid up to 2 days early¹

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All Varo products and services mentioned below are contingent on opening a Varo Bank Account. Qualifications may apply.

You give your job your all, but one of the biggest challenges is having to wait until payday to reap the rewards. But, what if we told you that you no longer have to wait? What if you could stay one step ahead of your expenses and do away with those often-agonizing countdowns until payday?

That’s where Varo’s Early Direct Deposit steps in for the win. Now, you can get paid early, up to a full 2 days before your scheduled payday¹. With cash in your pocket sooner, staying on top of your finances can go from dream to reality!

Here, we’ll dive into the benefits of early direct deposit and why 2 days can make all the difference when it comes to managing your money like a pro.

Get a headstart on your expenses

Escaping the paycheck-to-paycheck waiting game can help you get a headstart on all your expenses up to 2 days early with Varo¹. No more anxiously waiting to pay your bills or rent on time, fill up on gas, or stock up on groceries—with funds in your account early, you can manage your expenses with no sweat.

Skip those annoying late fees

No one likes having to cough up extra cash for costly late fees, so why not make them a thing of the past? With early direct deposit, you can do away with the threat of late fees looming over you, pay your bills with confidence, and put more of your money towards what matters. 

Prepare for the unexpected

Ready to breathe a sigh of relief that you can tackle the unexpected with ease? Whether it’s a last minute car or home repair, surprise medical expense, or trip to the vet, early direct deposit can help you prepare for the curveballs that life inevitably throws your way. No more relying on high-interest loans, credit cards, or help from friends or family in a pinch.

Save like a pro

Headstart on your expenses? Check. Late fees a thing of the past? Check. Safety net for the unexpected? Check. Now you can turn your attention towards saving like a pro and working towards your long term financial goals.

With the freedom and flexibility of early direct deposit, you’re more in control of how much you can set aside each month for savings. Varo’s Save Your Pay lets you stash away however much of your paycheck you choose into a Varo Savings Account with up to 5.00% Annual Percentage Yield (APY)2.

Get started with early direct deposit

Here’s how to make early direct deposit happen:

  1. Open a Varo Bank Account. It takes less than two minutes and there’s no impact on your credit score.

  2. Turn on Direct Deposit.

  3. Get paid up to 2 days early!¹

Just a few days can make a huge difference when it comes to getting one step ahead with your finances, so start making the most of your hard-earned money with Varo today!

Unless otherwise noted above, opinions, advice, services, or other information or content expressed or contributed by customers or non-Varo contributors do not necessarily state or reflect those of Varo Bank, N.A. Member FDIC (“Bank”). Bank is not responsible for the accuracy of any content provided by author(s) or contributor(s) other than Varo.

1 We give you access to your direct deposits from employer and government payers on the day we receive them, which is typically up to 2 days earlier than your scheduled pay date.

2 Varo’s Annual Percentage Yield (APY) is accurate as of December 1, 2022. Rates may change at any time without prior notice, before or after the account is opened. You start out earning 3.00% APY on your savings. To qualify for 5.00% APY (on up to $5,000) the following month, you must meet two requirements: 1. Receive qualifying direct deposit(s) totaling at least $1,000; and 2. End the current month with a positive balance in your Varo Bank Account and Savings Account. Once you qualify, any additional balance over $5,000 will earn 3.00% APY.

Qualifying direct deposits are electronic deposits of your paycheck, pension or government benefits (such as Social Security or unemployment) from your employer or government agency. Tax refunds and government stimulus payments, person-to-person payments (such as Venmo), and funds deposited using a Varo routing number are not considered a direct deposit.


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