Good credit. Better life.
Get on the path to achieving your goals with a Varo Believe Card.
Every purchase can build credit.
Spend like you already do. Every time you make an on-time payment, you’re building your credit history.
Yeah, you read that right. No APR. No hefty security deposit required. No BS. We make building credit easy.
Build credit1. Avoid debt.
Use your own money to start building credit responsibly, so you don’t fall into unmanageable debt.
Earn cashback from your favs.
Rack up cashback from more than 50 brands when you shop online or in-store with your Varo Believe Card.2
How the Varo Believe Card works.
See how Varo Believe stacks up
Other Secured Cards
Up to $500 deposit required4
Charges annual fee
Fully locked security deposit
Hard credit check required
High APR rates up to ~23%5
No minimum security deposit
No annual fee
Pay balance with security deposit
Helps you avoid runaway debt
No hard credit check to apply
Your questions, answered.
The Varo Believe Program is designed to help you build your credit. It includes the Varo Believe Card to use for everyday purchases and the Varo Believe Secured Account, a deposit account that acts as security for your monthly Varo Believe Card payment, and is used to set the spending limit on your Varo Believe Card.
Varo will report on your payment history to the major credit bureaus - TransUnion®, Equifax®, and Experian®. Building credit may take time and the Varo Believe Program may be able to help when you consistently make on-time payments.
It can be tough qualifying for credit cards or loans with little to no credit history. After all, you need to have credit products to start building credit.
A secured credit card, like the Varo Believe Card, gives you an opportunity to either rebuild credit or start building credit from scratch.
To add money to your Varo Believe Secured Account, open the Varo Believe account dashboard in the Varo app and tap Add Money.
You can only move money into the Varo Believe Secured Account from your Varo Bank Account.
Safe Pay is a feature that’ll automatically pay your balance at the end of each billing cycle with the money secured in the Varo Believe Secured Account from your Varo Believe Card purchases.
When Safe Pay is on, your statement balance will be paid automatically at the end of each billing cycle, which is at least 21 days before the due date of the Statement. Turn on Safe Pay so you can build on-time payment history without the worry of missing payments.
If you miss a payment, you won’t be able to use your Varo Believe Card until you pay your overdue balance. Missed payments may be reflected on your credit report and can impact your credit score.
Turning on Safe Pay will help you avoid missing payments.
You can make everyday purchases and get cash advances at ATMs with your Varo Believe Card up to your Available to Spend balance.
Your credit limit (spending limit) can’t exceed your Available to Spend Balance in your Varo Believe Secured Account, up to $2,500 per day for purchases or $1,000 a day for cash advances, totaling no more than $10,000 total per billing cycle.
When eligible, you’ll be invited to apply in the Varo Bank app.
To apply, you need to have a Varo Bank Account that has received Qualifying Direct Deposits of $500 or more in the past 90 days. Additional qualifications apply including your Varo Bank Account must be in good standing.