Get up to $100 cash advance. No unexpected fees.
No interest.
About to get to the register and need extra cash? Just had an unexpected expense? Tired of paying overdraft fees? We’ve got you covered.
Varo Advance helps you stretch your paycheck. It gives you breathing room to keep control of your balance and offers peace of mind so you can focus on what matters most in your life.
It’s cash at the tap of a button.
Stop paying overdraft fees. Stop paying unexpected fees. Stop paying unfair late fees.
Once you qualify, Varo Advance gives you access to up to $100* cash directly in the Varo Bank app. It has one simple fee depending on the amount of the Advance, and you can make as many payments as you want, when you want to, in any amount. You just have to pay it all back within 30 days.
Regular Fees:
Advance |
Fee |
---|---|
$20 | $0 |
$50 | $3 |
$75 | $4 |
$100 | $5 |
How to qualify
Repayments
Set up an automatic payment to your Varo Advance Account between 15 and 30 days from the day you get your Advance.
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*To qualify for a Varo Advance your account must be at least 30 days old with a balance of $0.00 or greater, with qualifying direct deposits in the Varo Bank Account and/or Varo Savings Account of at least $1,000 over the past 31 days. Your Varo Bank Account and/or Savings Account must not be overdrawn, and your Varo Bank Account cannot be suspended or closed. For $20 Advances, your qualifications will be evaluated daily. For Advances over $20, fees apply, and your payment history and qualifications will be reviewed monthly for any credit limit increases. To continue to qualify for Advances, payments must be made timely.
Varo Advance is a small dollar line of credit. An “advance” is a loan deposited to your Varo Bank Account which must be repaid. Qualifications apply. To continue to receive advances, you must maintain direct deposits in your Varo Bank Account or Varo Savings Account of at least $1,000 over the past 31 days, and neither account can be overdrawn, suspended, or closed.
Direct deposits need to be an electronic deposit of your paycheck, pension or government benefits (such as Social Security or Unemployment Insurance) from your employer or the government. Person to Person payments (such as Venmo) are not considered a direct deposit. Funds deposited using a Varo Money routing number are not considered a direct deposit.
For $20 Advances, your qualifications will be evaluated daily. For Advances over $20, fees apply, and your payment history and qualifications will be reviewed monthly for any credit limit increases. To continue to qualify for Advances, payments must be made on time.