Once you open an online checking account with Varo, you can:
Get a debit card you can use at no-fee Allpoint® ATMs (it’s not a prepaid card)
Get paid up to two days early with direct deposit*
Lock your card on your phone in seconds
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.
Applying won’t impact your credit score.
All Rights Reserved by Varo © 2020
Varo Money, Inc. | NMLS #: 1547251 | Licenses | NMLS Consumer Access
Bank Account Services provided by The Bancorp Bank. Your deposits are FDIC insured to at least $250,000 through The Bancorp Bank; Member FDIC. The Varo Visa® Debit Card is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc and may be used everywhere Visa debit cards are accepted.
*Early access to direct deposit funds depends on timing of payer’s submission of deposits. We generally post such deposits on the day they are received which may be up to 2 days earlier than the payer’s scheduled payment date.
See the Varo Bank Account and Varo Savings Account Agreement for terms and conditions.