Varo Bank: Online Banking

Varo Bank: Online Banking

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Logo of Varo Bank: Online Banking

Varo Bank: The Real Bank Built for Your Hustle and Your Future

Stop paying for your own money. Join 5 million+ members who enjoy no monthly fees, early paydays, and a clear path to building credit—all within a secure, FDIC-insured mobile experience.

Download on App Store

Publisher

Varo Money, Inc.

Category

Finance

Downloads

5M+

User Rating

4.9/5

Total Ratings

233K+

Locales

3

Finance in Focus

Discover the interface used by 5M+ users.

Varo Bank mobile app interface showing zero fees and available balance

Varo Bank mobile app interface showing zero fees and available balance

Varo Bank app screen showing an offer for an instant cash advance of up to 250 dollars with no credit check.

Varo Bank app screen showing an offer for an instant cash advance of up to 250 dollars with no credit check.

Varo Bank mobile app interface showing the early direct deposit feature and monthly spending categories

Varo Bank mobile app interface showing the early direct deposit feature and monthly spending categories

Varo Bank app showing a map of free cash deposit locations at CVS stores

Varo Bank app showing a map of free cash deposit locations at CVS stores

Varo Bank mobile app screen promoting a line of credit up to 2000 dollars with monthly repayment options

Varo Bank mobile app screen promoting a line of credit up to 2000 dollars with monthly repayment options

Varo Believe Card marketing showing easy credit building with no interest or annual fees

Varo Believe Card marketing showing easy credit building with no interest or annual fees

Varo Bank mobile app screenshot showing a savings account balance and 5.00 percent APY promotion.

Varo Bank mobile app screenshot showing a savings account balance and 5.00 percent APY promotion.

Varo Bank app screen displaying security features like card lock and transaction alerts with FDIC insurance notice

Varo Bank app screen displaying security features like card lock and transaction alerts with FDIC insurance notice

Legal disclosures for Varo Bank detailing fees cash advances and credit line terms

Legal disclosures for Varo Bank detailing fees cash advances and credit line terms

Banking That Works for Your Lifestyle

The tools that make this app stand out, trusted by 5M+ users.

💸

Get Paid Early with Zero Fees

Receive your direct deposit up to two days early and keep more of your money with no monthly, overdraft, or minimum balance fees.

🚀

Instant Cash When Life Happens

Bridge the gap between paychecks with cash advances up to $500. No interest, no hidden catches—just the liquidity you need, right now.

📈

Build Credit Without the Risk

Boost your score using the Varo Believe card. We report to all three bureaus with no credit check, no interest, and no annual fees.

Loved by users worldwide

Trusted by 5M+ people who love this app.

"

"As a freelancer, my income can be unpredictable. Varo’s early payday and the $500 cash advance have been absolute lifesavers between projects. I finally feel like I have a bank that doesn't punish me with overdraft fees just for being a gig worker."

Marcus J.
"

"I started with a thin credit file and no savings. After using the Varo Believe card for a few months, my score is finally climbing. Plus, seeing that 5.00% APY hit my savings account every month is so much more rewarding than my old big bank account."

Sarah L.

About the app

Everything you need to know about Varo Bank: Online Banking.

Description

We are a real bank, built for the digital age. Member FDIC, backed by the full faith and credit of the U.S. Government. ONLINE BANKING • Early payday³ • No monthly, minimum balance, or overdraft fees¹ • 40k+ fee-free Allpoint® ATMs⁴ • Up to 5.00% annual percentage yield on first $5,000, quals apply⁷ • 2.50% APY on additional balances • Auto-saving tools • Unlike many money apps, we’re a real bank INSTANT CASH ADVANCES • Borrow up to $250 today by linking a qualifying account² • Work up to $500 cash advances over time with direct deposit² • Flat fee per cash advance • 30 days to repay LINE OF CREDIT • From $600 to $2,000, quals apply⁵ • No interest, late fees, or penalties • Simple flat fee • Payment periods between 3 and 12 months FREE SECURED CREDIT CARD⁶ • No credit check, interest, annual fees, or min security deposit • Reported to Equifax, Experian, & TransUnion • Quals: Must have an active Varo Bank Account in good standing & incoming deposits of $200 or more in the past 31 days SEND MONEY • Use recipient’s phone number or email address, even if they aren’t a Varo customer • Fast, secure, and free! DOWNLOAD NOW! • Signup in less than two minutes with no impact on your credit

Latest Version

4.22.0

Size

98.3 MB

First Released

Oct 1, 2020

Join 5 Million+ People Who Bank on Themselves

Sign up in under 2 minutes with no impact on your credit score. Start getting paid early, building credit, and saving more with $0 monthly fees.

Download on App Store
FAQ

Frequently Asked Questions

Everything you need to know about Varo Bank: Online Banking

Does Varo Bank charge monthly fees or require a minimum balance?

No, Varo Bank does not charge monthly fees, minimum balance fees, or overdraft fees. This makes banking with Varo completely free.

Is money deposited with Varo Bank FDIC insured?

Yes, deposits with Varo Bank are FDIC insured up to $250,000. Varo Bank is a Member FDIC institution, backed by the U.S. Government.

Can I get paid early with Varo Bank?

Yes, Varo Bank offers early payday, allowing customers to receive their paycheck up to two days sooner with early direct deposit.

How much cash advance can I get from Varo Bank?

With Varo Bank, you can borrow up to $250 instantly by linking a qualifying account. Over time, you can access up to $500 in cash advances with direct deposit.

What is the annual percentage yield (APY) for savings accounts at Varo Bank?

Varo Bank offers up to 5.00% APY on the first $5,000 deposited in your account and 2.50% APY on additional balances, subject to qualifications.

What is the Varo Bank Line of Credit range?

The Varo Bank Line of Credit allows you to borrow between $600 and $2,000. It features a simple flat fee with no interest, late fees, or penalties.

Does the Varo Believe Card require a credit check or annual fees?

No, the Varo Believe Secured Credit Card does not require a credit check, interest, annual fees, or a minimum security deposit. It helps build credit.

Does Varo Bank offer fee-free ATM access?

Yes, Varo Bank provides access to over 40,000 fee-free Allpoint® ATMs. Fees may apply for out-of-network ATMs and 3rd-party ATMs.

Can I send money to non-Varo Bank customers?

Yes, you can send money to anyone using their phone number or email address, even if they are not a Varo customer. The service is fast, secure, and free.

Where can I make free cash deposits for Varo Bank?

Varo Bank allows free cash deposits at over 7,500 CVS® stores nationwide. This service is provided by Green Dot®.