Varo Bank: Online Banking

Name: Varo Bank: Online Banking
Rating: 4.9 (233462 reviews)
Author: Varo Money inc

Early Payday & Cash Advances

Free

233K Ratings
Age Rating

4+
Years
Chart

#51
Finance
Developer

Varo Money inc
Language

EN
English
Size

121.2
MB

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 payday⁴ • No monthly, minimum balance, or overdraft fees¹ • Send and receive money in minutes with Zelle®³ • 40k+ fee-free US Allpoint® ATMs⁷ • Up to 5.00% annual percentage yield on first $5,000, quals apply⁹ • 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. Quals apply. • Work up to $500 cash advances over time with direct deposit² • Flat fee per cash advance LINE OF CREDIT • From $600 to $2,000. Avg $825. Quals apply⁸ • No interest, late fees, or penalties • Simple flat fee • Payment periods between 3 and 12 months FREE SECURED CREDIT CARD⁵ • No credit check, interest, annual fees, or minimum security deposit • Reported to Equifax, Experian, & TransUnion DOWNLOAD NOW! • Signup in less than two minutes with no impact on your credit

Ratings & Reviews

4.9

out of 5

233K Ratings

DO NOT GO WITH Varo as your personal bank !!!
05/30/2024
iPhone broski
My so called “secured” banking card was breached so, like any other person would do I locked & cancelled my card through the app. I called to make sure that I’ve started a dispute, everything seemed to be going well. I was told that a provisional credit would be added to my account the next day. However, the provisional credit was never applied, subsequently taking my actual money being deposited into my account. I then called for again, this time being the THIRD TIME by the way to get a better understanding about what’s going on just for the supervisor to tell me (for the first time after speaking with three other team members) that my provisional credit is locked until the 90-day process has been completed. So, here I am stuck paying back a fraudulent charge I never even approved of!!! I HIGHLY RECOMMEND NOT USING VARO! If in the event that your account gets compromised you will be “penalized” by NOT having access to your believe card, or the money deposited into the account. Seriously, If I could rate at no stars, I would. TERRIBLE EXPERIENCE! & unfortunately, After being a trusted member for over four years this will be this last time Varo will ever provide me with ANY service they have to offer. 👎🏾👎🏾👎🏾

Developer Response
Hi there! We appreciate you for taking the time to leave us your honest feedback! We are sorry to hear you are experiencing this. We kindly ask to reach out via your registered email at appreview@varomoney.com, so our support team may gather more information. We look forward to hearing from you!
DO NOT GO WITH Varo as your personal bank !!!
05/30/2024
iPhone broski

My so called “secured” banking card was breached so, like any other person would do I locked & cancelled my card through the app. I called to make sure that I’ve started a dispute, everything seemed to be going well. I was told that a provisional credit would be added to my account the next day. However, the provisional credit was never applied, subsequently taking my actual money being deposited into my account. I then called for again, this time being the THIRD TIME by the way to get a better understanding about what’s going on just for the supervisor to tell me (for the first time after speaking with three other team members) that my provisional credit is locked until the 90-day process has been completed. So, here I am stuck paying back a fraudulent charge I never even approved of!!! I HIGHLY RECOMMEND NOT USING VARO! If in the event that your account gets compromised you will be “penalized” by NOT having access to your believe card, or the money deposited into the account. Seriously, If I could rate at no stars, I would. TERRIBLE EXPERIENCE! & unfortunately, After being a trusted member for over four years this will be this last time Varo will ever provide me with ANY service they have to offer. 👎🏾👎🏾👎🏾
Developer Response 06/01/2024
Hi there! We appreciate you for taking the time to leave us your honest feedback! We are sorry to hear you are experiencing this. We kindly ask to reach out via your registered email at appreview@varomoney.com, so our support team may gather more information. We look forward to hearing from you!
Used to be almost perfect & amazing, was the best free fastest mobile banking app
11/12/2024
K1NGPUFF
Fast simple cool designs absolutely free & fast with safe credit building and so much other features. BUTTTTTTTT the recent updates have ruined the banking app, I might have to start using one of my other 12 free mobile banks I have…. Unfortunately it’s sad. The long load times now are crazy, I can’t log in, it keep saying “Our wires got crossed we’re working on getting this fixed” which is so annoying and I never had this issue or any other issue with this app until a couple months ago or the latest updates actually and it’s so annoying. If this isn’t fixed soon I’m done using this bank I have been loyal for years for this?!?!? On top of you gotta make $2,500 and so much more to get benefits or access to money or borrowing just a decent amount. Other apps, competitors such as Chime have been updating their app to have way more better features including way less deposits required for benefits, access to paycheck early even if it’s not the entire thing and with low fees, low borrow fees, faster credit building, same safe credit building options. It’s really unfortunate to see this app go down hill, become slower and have technical issues, been using for like 4 years and I’ve told over 30 people about this amazing app, but if these issues aren’t fixed it’s not as good as it once was. All the deposits are almost twice other banks to get benefits or borrow and the borrow fees higher too.

Developer Response
Hi there! Thank you for sharing your experience! We kindly ask to reach out via your registered email at appreview@varomoney.com, so our support team may gather more information. We look forward to hearing from you!
Used to be almost perfect & amazing, was the best free fastest mobile banking app
11/12/2024
K1NGPUFF

Fast simple cool designs absolutely free & fast with safe credit building and so much other features. BUTTTTTTTT the recent updates have ruined the banking app, I might have to start using one of my other 12 free mobile banks I have…. Unfortunately it’s sad. The long load times now are crazy, I can’t log in, it keep saying “Our wires got crossed we’re working on getting this fixed” which is so annoying and I never had this issue or any other issue with this app until a couple months ago or the latest updates actually and it’s so annoying. If this isn’t fixed soon I’m done using this bank I have been loyal for years for this?!?!? On top of you gotta make $2,500 and so much more to get benefits or access to money or borrowing just a decent amount. Other apps, competitors such as Chime have been updating their app to have way more better features including way less deposits required for benefits, access to paycheck early even if it’s not the entire thing and with low fees, low borrow fees, faster credit building, same safe credit building options. It’s really unfortunate to see this app go down hill, become slower and have technical issues, been using for like 4 years and I’ve told over 30 people about this amazing app, but if these issues aren’t fixed it’s not as good as it once was. All the deposits are almost twice other banks to get benefits or borrow and the borrow fees higher too.
Developer Response 11/16/2024
Hi there! Thank you for sharing your experience! We kindly ask to reach out via your registered email at appreview@varomoney.com, so our support team may gather more information. We look forward to hearing from you!
Five years
09/21/2025
SCJ814
I’ve been banking with Varo Bank without one issue for over five years. If you do not need to deposit cash much, which there’s still a way to do cash deposits, and don’t need paper checks then this bank is going to be great for you! Debit card or credit card, use one if you need a larger purchasing power. If you want good interest rate on your savings, 5% is hard to find. Overall, it’s a bank in your hand. ATMs are easy to find, pretty much any CVS or Walgreens, plus other locations are free. Customer service has always been top notch through the app. Banking made easy!I need to stress the one star reviews are most likely from people who never had a bank before, may never used Varo, wrongly used a bank including Varo for scam transactions, or reviewed Varo Bank with one star for an issue that is not Varo Bank’s fault. Varo Bank is FDIC insured at the normal $250,000 limit like every other bank. As a five year veteran user of Varo Bank, I’ve not had one issue with this bank. I’ve traveled, bought expensive purchases, deposited checks, etc…. Do not put your stupid one star reviews on this bank if you’re trying to scam things, used the app for five minutes, or complain about Varo not having FDIC, customer service, etc… it’s like any other bank except you don’t have in person branches. Lies on reviews are not needed and I read 40 most recent reviews on Varo and there are lots of one stars I absolutely know are customer faults or fraud by customers or things every bank also has. For anyone who actually wants a bank that’s Mobile and has excellent features and customer service then Varo Bank is going to be just fine for you. Take it from someone who joined Varo Bank in 2020 and only banks with Varo Bank.

Developer Response
Thank you so much for sharing! At Varo, we’re committed to making banking empowering for everyone. We’re here to help people reach their financial goals, every step of the way!
Five years
09/21/2025
SCJ814

I’ve been banking with Varo Bank without one issue for over five years. If you do not need to deposit cash much, which there’s still a way to do cash deposits, and don’t need paper checks then this bank is going to be great for you! Debit card or credit card, use one if you need a larger purchasing power. If you want good interest rate on your savings, 5% is hard to find. Overall, it’s a bank in your hand. ATMs are easy to find, pretty much any CVS or Walgreens, plus other locations are free. Customer service has always been top notch through the app. Banking made easy!I need to stress the one star reviews are most likely from people who never had a bank before, may never used Varo, wrongly used a bank including Varo for scam transactions, or reviewed Varo Bank with one star for an issue that is not Varo Bank’s fault. Varo Bank is FDIC insured at the normal $250,000 limit like every other bank. As a five year veteran user of Varo Bank, I’ve not had one issue with this bank. I’ve traveled, bought expensive purchases, deposited checks, etc…. Do not put your stupid one star reviews on this bank if you’re trying to scam things, used the app for five minutes, or complain about Varo not having FDIC, customer service, etc… it’s like any other bank except you don’t have in person branches. Lies on reviews are not needed and I read 40 most recent reviews on Varo and there are lots of one stars I absolutely know are customer faults or fraud by customers or things every bank also has. For anyone who actually wants a bank that’s Mobile and has excellent features and customer service then Varo Bank is going to be just fine for you. Take it from someone who joined Varo Bank in 2020 and only banks with Varo Bank.
Developer Response 09/22/2025
Thank you so much for sharing! At Varo, we’re committed to making banking empowering for everyone. We’re here to help people reach their financial goals, every step of the way!
🤦🏽‍♀️
08/15/2021
KoreanQueen25!
It doesn’t make sense that you have to make 1,000 dollars within 30 days in order to use the advance feature which lets you borrow money until pay day but if I was making 1,000 a week or could have it within 30 days I wouldn’t be borrowing money from you all that really makes the feature pointless to those who really need it it doesn’t make sense nor does it seem fair especially to a loyal customer who’s been with you all for a while and never let my account go into the negative until I recently was told I had to make 1,000 within 30 days to even be qualified for an advance. I really thought about just closing my account because of that simple inconvenience being that it was the only reason I had started with Varo and because I could save more with having a saving account, but many other apps have the same feature at this point and would be reasonable when it comes to borrowing money until payday. Also I’ve been with you all since the first varo app that was out all the way up until the new app so I feel as if there should at least a membership where if you’ve been so long and have direct deposit set up then you should qualify it’s not like it’s not already setup where you all will receive your money soon as it hits the account so it’s something to put into consideration not only for me a loyal customer but for the rest of your customers in general. Thank you

Developer Response
Hi there, we appreciate your feedback and have forwarded it to the appropriate parties. The current eligibility requirements can be found in our FAQ's. Please go here https://bit.ly/39xshJR to learn all about the qualifications for Varo Advance!
🤦🏽‍♀️
08/15/2021
KoreanQueen25!

It doesn’t make sense that you have to make 1,000 dollars within 30 days in order to use the advance feature which lets you borrow money until pay day but if I was making 1,000 a week or could have it within 30 days I wouldn’t be borrowing money from you all that really makes the feature pointless to those who really need it it doesn’t make sense nor does it seem fair especially to a loyal customer who’s been with you all for a while and never let my account go into the negative until I recently was told I had to make 1,000 within 30 days to even be qualified for an advance. I really thought about just closing my account because of that simple inconvenience being that it was the only reason I had started with Varo and because I could save more with having a saving account, but many other apps have the same feature at this point and would be reasonable when it comes to borrowing money until payday. Also I’ve been with you all since the first varo app that was out all the way up until the new app so I feel as if there should at least a membership where if you’ve been so long and have direct deposit set up then you should qualify it’s not like it’s not already setup where you all will receive your money soon as it hits the account so it’s something to put into consideration not only for me a loyal customer but for the rest of your customers in general. Thank you
Developer Response 08/17/2021
Hi there, we appreciate your feedback and have forwarded it to the appropriate parties. The current eligibility requirements can be found in our FAQ's. Please go here https://bit.ly/39xshJR to learn all about the qualifications for Varo Advance!

Big news: Zelle® has officially landed in the Varo app! Whether you’re paying a friend back for dinner, splitting rent, or chipping in for a group gift, you can now send and receive money in minutes,³ fee-free.

Version 4.34.2 4d ago

Data Linked to You

The following data may be collected and linked to your identity:
- Financial Info
- Location
- Contact Info
- Identifiers
- Usage Data
- Diagnostics
Data Not Linked to You

The following data may be collected but it is not linked to your identity:
- Contacts

Privacy practices may vary, for example, based on the features you use or your age. Learn More

Accessibility

Information

Seller: Varo Money, Inc.
Size: 121.2 MB
Category: Finance
Compatibility: Requires iOS 15.1 or later.

iPhone
Requires iOS 15.1 or later.

iPad
Requires iPadOS 15.1 or later.

iPod touch
Requires iOS 15.1 or later.

Apple Vision
Requires visionOS 1.0 or later.
Languages: English
Age Rating: 4+

4+

Learn More

Contains
Advertising

Developer Website

Privacy Policy

Supports

Wallet

The simplest way to get all your passes in one place.

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Varo Bank: Online Banking

Ratings & Reviews

DO NOT GO WITH Varo as your personal bank !!!

Used to be almost perfect & amazing, was the best free fastest mobile banking app

Five years

🤦🏽‍♀️

What’s New

App Privacy

Data Linked to You

Data Not Linked to You

Accessibility

Information

Supports

Wallet

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