VARO SAVINGS ACCOUNT
Your Custom Savings Journey
Saving is a journey, start yours today with Varo.
*APYs for other banks are an average of 5 biggest national banks and provided by mybanktracker.com. They are accurate as of 12.18.2018. Balance in Savings must be at least $0.01 to earn interest.
1.75% Annual Percentage Yield (APY)
Supercharge your savings with a Varo Savings Account, which compounds your interest daily. No fees, no minimum balance requirement—just high-interest savings that you can access 24/7.
Varo APY is accurate as of October 1, 2018. This rate is variable and may change.
Everything you’ve come to expect from Varo, now in a Savings Account
100% mobile
There when you need it
No Savings Account fees or minimum balance requirements
Customer Service with real people who care about helping you
Automatically grow savings
Save Your Pay
When you turn on Save Your Pay, we’ll take a percentage of the money deposited into your Varo Bank Account and automatically transfer it to your Varo Savings Account. You can choose any percentage to save automatically.
Save Your Change
When you turn on Save Your Change, we’ll round up every transaction to the nearest dollar and transfer that amount from your Varo Bank Account into your Varo Savings Account
Get started
Apply for a Varo Bank Account now to earn more and pay less for savings.
No credit check required
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
