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Open an online checking account today.

Bank wherever you are with no branches and no monthly fees.

You don't need to enter a branch when your account is online.

Once you open an online checking account with Varo, you can.

Debit Card

Get a debit card you can use anywhere VISA is accepted

Early Pay Day

Get paid up to two days early with direct deposit*

Secure Card

Lock your card on your phone in seconds

Fewer costs for us means fewer costs for you.

Brick-and-mortar buildings require overhead costs like rent and utilities. Without a nationwide network of physical branches, we can save money and offer an online checking account without monthly fees.

You can bank from anywhere with an online checking account

  • When you open a checking account online, you don’t need to be near a physical branch.
  • You can manage your money wherever you go on your iOS or Android device.

Get a Varo Bank Account today!

Applying won’t impact your credit score.

FAQs About a Varo Online Checking Account

What is an online checking account?

An online checking account lets you complete banking transactions, like deposits, withdraws, transfers, and paying bills, without having to visit a local branch. Online checking accounts with Varo are convenient, efficient, and easy to open and manage. Imagine the freedom that comes from not having to visit a bank every time you want to deposit a check. Online checking accounts can simplify your life and give you time back in your day!

How can I open an online checking account?

You can open an online checking account without visiting a branch and waiting in line. All you need to do is gather basic financial info about yourself for the application, like your full name, social security number, date of birth, and residential address. Next, download the Varo app from the App Store or Play Store, tap "Get Started," and follow the prompts to submit your online checking account application.

That’s it! Once you’re approved, your online checking account is open and ready for the first deposit. The whole process shouldn’t take more than five minutes. If you have any issues with your application, send us an email at [email protected] and we'll get right on it.

How do I withdraw or deposit money in an online checking account?

The quickest way to withdraw money from your online checking account is through one of 55,000+ AllPoint® ATMs around the country in stores like CVS, Target, and Walgreens. You can also deposit cash at 90,000+ retail locations using Green Dot Reload @ the Register. Besides the ATMs, there are a few more ways you can access your money, like getting cash back at a store where you use your Varo Visa® Debit Card, and depositing checks directly into your online checking account using the app.

Otherwise, you can transfer money between Varo accounts online instantly without a fee or connect a popular app like Apple Pay™, Google Pay™, PayPal, Cash App, or Venmo to pay for everyday purchases.

How much money do you need to open an online checking account?

Good news — there’s no minimum balance required to open a Varo checking account. That means you won’t pay a fee, even if your account is empty. There are also no minimums required to open or keep an account.

Does opening an online checking account affect my Credit Score?

Nope! Applying for an online checking account with Varo won’t impact your credit score. We may request identity documentation, but your credit report, history, or FICO score will not be checked. Our focus is to help everyone make progress in their financial lives regardless of net worth or past decisions.