Varo Advance Is Here

Get up to $250 when you need it, instantly. 

Nobody knows your money better than you. With Varo Advance, you’ll have the ability to stretch your paycheck and be flexible around your bills and expenses. 

What is Varo Advance? 

Sometimes you need some extra cash to float you to the next payday, or an unexpected bill hits your bank account. We’ve all been there. 

Varo Advance puts up to $250 into your bank account for a simple low fee, instantly, at the tap of a button.¹ You start at $20 and over time, you may qualify for higher amounts based on direct deposit amounts and a history of timely repayments.

No monthly subscriptions. No tips. No waiting for pending charges to settle. It’s that simple.

Check out the chart below to see the associated fees:



Repayment is easy—set up an auto-repayment when you get your Advance for any day you choose between 15 and 30 days from when you get your Advance and enjoy peace of mind.  

You can get another Advance as soon as you’ve paid back the last one.

How to Qualify

To qualify you need to check each of these three boxes:

✅ Your Bank account must be at least 30 days old and active.

✅ You’ll need to have at least $1,000 in qualifying direct deposits² to your Bank Account or Savings Account combined within the last 31 days.

✅ You can get another Advance as soon as you’ve repaid your previous Advance.³ It’s that easy.

Why choose Varo Advance? 

Sound too good to be true? Well, nobody does it quite like Varo.

Varo Advance gets you cash instantly, and only charges you a simple, flat fee for Advances over $20. There is no fee for instant access to your Advance.

No tips, no monthly subscriptions, no hidden charges. 

Oh yeah, and no credit check.

Varo Advance gives you peace of mind, so you can take control of your finances.  

Get started with Varo Advance in your Varo Bank app now.

For more details, check out the Varo Advance webpage.



¹Varo Advance is a small dollar line of credit, which must be repaid. Advance customers start with $20 and if qualified, may step up gradually over time. Your qualifications will be evaluated daily. Reaching the higher limits can take time. For Advances over $20, your Advance repayment history, qualifying direct deposits, and any other qualifications determine any change to your credit limit. You can see the Advance amounts available to you by tapping on Varo Advance on your home screen.

²Qualifying direct deposits are an electronic deposit of your paycheck, pension or government benefits (such as Social Security or Unemployment Insurance) from your employer or the government into your Varo Bank Account and/or Varo Savings Account. Tax refunds and government stimulus payments, Person-to-Person payments (such as Venmo), and funds deposited using a Varo routing number are not considered a direct deposit. For a complete list of qualifying direct deposits, visit the Varo Advance webpage.

³To continue to request Varo Advances, you must make timely payments on your Varo Advance Account, your Varo Bank Account and/or Savings Account must not be overdrawn, and your Varo Bank Account must not be suspended or closed.