Early Direct Deposit

By setting up Direct Deposit with Varo, you can get access to your hard-earned paycheck up to two days early.*

How it works

1. Employer submits payroll

Your employer submits payroll files to the Federal Reserve

2. Fed notifies Varo

The Federal Reserve notifies Varo of the amount of money you should receive

3. Money gets deposited

Varo deposits your hard-earned money in your account upon that notification

4. Get paid early

Get paid up to 2 days early! For most Friday paydays, we get the alert from the Fed on Wednesday, so you may get your money faster*

Start the weekend early, paycheck in hand

No more waiting until Friday to get your paycheck–go into the weekend confident that you got paid. There’s no better feeling than cash in your pocket!

Pay bills earlier, sleep better

Sleep soundly knowing you can pay your bills up to two days early* with Varo Early Direct Deposit.

Save more, fast

Everyone wants to save more money. With Early Direct Deposit, you can start saving early and earn more interest (i.e. with a Varo Savings Account)!

Tax time is a great time

There’s no better time to sign up for Direct Deposit with Varo than tax season. Sign up now and avoid waiting for your refund check in the mail.**

Get started

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

No credit check required Varo Money iPhone app

Your Varo Bank Account is provided by The Bancorp Bank, Member FDIC, and is insured to at least $250,000.


Varo can disrupt big banks and build a more cost-effective and consumer-friendly platform that appeals to Millennials

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

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

Varo Money is an app that could replace a traditional bank account

Varo is a no-fee, all-in-one banking solution aimed at millennials… if you’ve lost your free account, ‘come to Varo, you’re welcome here

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