Varo Bank Fee Disclosure Chart

Varo Bank Account
Fee Amount
Out of network (non-Allpoint) ATM withdrawal fee* $2.50 (per transaction)
Cash deposits via third party money transfer services** The deposit location may charge up to $5.95 for this service
Over the counter cash withdrawal fee $2.50 (per transaction)
Varo Savings Account
Fee Amount
None $0
Varo Advance Account
Fee Amount
Varo Advance Fees*** Fees are charged per Advance and currently are:

  • $20 Advance, $0 fee;
  • $50 Advance, $3 fee;
  • $75 Advance, $4 fee;
  • $100 Advance, $5 fee.
Varo Believe Program
Fee Amount
Late payment fee**** $15.00
Out of network (non-Allpoint) ATM withdrawal fee* $2.50 (per transaction)

* If you use a non-Allpoint network ATM, including a balance inquiry, you may be charged an additional fee by the ATM operator even if you don’t complete a withdrawal: such an additional fee is a third-party fee assessed by the individual ATM operator only and isn’t assessed by us. The ATM fee will be charged to your Varo Bank Account.

** Third party money transfer services used to add cash to your Bank Account may impose their own fees, and limits (per transaction, daily, weekly or monthly) on the frequency or amount of cash you may deposit to the Bank Account.

*** For Military personnel and their families that qualify as “covered borrowers” under 32 C.F.R. § 232.3(g) at the time of opening their Account, Varo will waive all fees charged per Advance. For more information about how we calculate fees, see here.

**** Late Payment Fees are not charged on any delinquencies where the amount of the delinquency is less than the amount of the Late Payment Fee. The Late Payment Fees are capped at three times the amount of the Late Payment Fee per delinquency state.