Join the first all-digital bank in the country!

Varo Bank Account: Rated 4.5/5 stars by Nerdwallet
- Forget monthly fees and minimums
- Get paid up to 2 days early^
- Get a contactless Varo Bank Visa® Debit Card you can instantly lock in the app
- Access 55,000+ fee-free Allpoint® ATMs in stores like Target, CVS, and Walgreens
- Instantly send money to anyone who uses Varo
- Track spending and account activity with instant alerts
- Link external accounts to see all your finances in one place
- Transfer money to and from external accounts

Varo Advance: Cash advance
- Get up to $100 at the tap of a button once you qualify^^
- No “tips” or monthly subscription

Perks: Cashback and partner offers
- Get up to 15% cashback** at top retailers
- Take advantage of partner offers to save and earn even more

Varo Savings Account: Rated best online savings account by Newsweek
- Start earning 0.20% APY* and qualify to earn 3.00% APY* on a balance as little as a penny
- Use automatic savings tools to save money effortlessly
- No minimum balance required to open an account

Varo Security
- Your deposits are FDIC insured up to $250,000 through Varo Bank, NA; Member FDIC
- Your data is protected with advanced encryption, access control, secure processes, and audits

Download Varo today! Applying won’t impact your credit score.

^Early access to direct deposit funds depends on timing of the payer’s submission of deposits. We generally post such deposits on the day they are received which may be up to 2 days earlier than the payer’s scheduled payment date.

^^To qualify for a Varo Advance your account must be at least 30 days old with a balance of $0.00 or greater, with qualifying direct deposits in the Varo Bank Account and/or Varo Savings Account of at least $1,000 over the past 31 days. Your Varo Bank Account and/or Savings Account must not be overdrawn, and your Varo Bank Account cannot be suspended or closed. For $20 Advances, your qualifications will be evaluated daily. For Advances over $20, fees apply, and your payment history and qualifications will be reviewed monthly for any credit limit increases. To continue to qualify for Advances, payments must be made timely. Visit for information on qualifying direct deposits and fees.

*Annual Percentage Yield (APY) is accurate as of March 23, 2021. All Varo Savings Accounts earn 0.20% APY beginning on that date. APY is variable and is subject to change. No minimum balance required to open an account. Balance in Savings must be at least $0.01 to earn interest. To earn 3.00% APY, the Varo Savings Account must meet these requirements: Account Holder must 1) make at least five qualifying Varo Visa® Debit Card purchases and must 2) receive total qualifying direct deposits of $1,000 or more to a Varo Bank Account or Varo Savings Account in the same qualifying period. In addition, the daily balance in the Varo Savings Account must not exceed $5,000. If the daily Savings Account balance is above $5,000, or both of the above conditions are not met, you will earn 0.20% APY on the entire Savings Account balance.

© 2021 Varo Bank, N.A. All Rights Reserved. Member FDIC
The Varo Visa® Debit Card is issued by Varo Bank, N.A. pursuant to a license from Visa U.S.A. Inc and may be used everywhere Visa debit cards are accepted.

What’s New

Version 2.10.0

Say hello to Perks! Earn easy cashback from online shopping at top retailers, like CVS and Grubhub. You’ll rack up real cash in your Bank Account — not imaginary points.

Ratings and Reviews

4.6 out of 5
7.4K Ratings

7.4K Ratings

AnneBeebanannie ,


I have nothing but positive things to say about Varo. I absolutely love this bank!! They are there for the people who literally live from paycheck to paycheck and cover for me if the need be. Every other bank I had stole so much of my money from me!! It actually sickens me to calculate the expenses that they sucked from me in overdrafts and even extra overdraft fees on top of the $35 every single time I needed them to be there for as a valued customer who banked with them for years. Not once in 10 years did they help me. The worst part is I now know how badly they treated me by holding my money for weeks at a time holding back my government benefits every month for 10 years. It’s unethical and wrong to treat anyone that way charge me an overdraft fee when you have had my money when I needed it most and charged me over and over and over the figure comes up to several thousand dollars when I actually saw what they had so unfairly done to me by switching to Varo holy cow praise Jesus they have treated me more than fair and I will always give VARO praise. Thank goodness you showed me what the old bank had been doing to me I am so glad I switched to Varo they are the best bank and their customer service over the phone is outstanding. Like I said in the beginning I have nothing but praise to say about this bank Varo is the best bank I ever had!!!! VARO ROCkS

Manic Bobo ,

Best there is. Love VARO.

I switched to VARO almost 4 years ago. I got fed up with my two other brick and mortar banks (that I only went into twice in 15 years). Got tired of the attitude and delays in doing anything with them. I could never understand how they could bugger things up when my banking needs were really very basic and simple. I picked VARO over several other online banks because they were polite, helpful, and everything happens faster than my other bank. The transition from VARO money to VARO bank has been painless. My daughters and two of my friends have switched to VARO. VARO suits my needs perfectly. I don’t use much cash, don’t deposit many checks, direct deposits are posted 3-4 days early. The few checks I have posted through the app processed quickly and without any issues. The few times I’ve needed cash, they have ATM access just about everywhere. The app and Home Screen widget are great. Only bank I’ve ever dealt with where I haven’t found a single thing to complain about, or had a single problem. The only real semi-issue I have found is if a payment requires a bank cashiers check, banks won’t issue one wo an account in their bank, but I found the places wanting cashiers checks can be talked into money orders.

SweeTsOkc ,

Going on 3yrs

I’ve been using Varo since 2018, and it’s pretty cool. I’ve also banked with Chase, IBC, and MidFirst. A physical bank comes in handy if you’re living paycheck to paycheck and need that money on your card that day. Varos’ answer; if you have direct deposit then you can get paid early like with other popular apps. So that’s even better. And if you’re not in a rush you can just take a picture of the check and it’ll be in there the next day of the week. And you can deposit cash by green dot cards. But the customer service is better than any other bank I’ve had. And I’ve yet to run into any issues. They are also always ontop of the new. They were one of the first to get the cards you can just tap like Apple Pay etc. idk I’m easy going so this bank works out well for me. And the early pay is cool. If you need a bank I’d recommend this Forsure. If your bank is troublesome or anything switch over. If it’s not then only switch if you need to get paid earlier

App Privacy

The developer, Varo Money inc, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Linked to You

The following data may be collected and linked to your identity:

  • Financial Info
  • Location
  • Contact Info
  • Identifiers
  • Usage Data
  • Diagnostics

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


  • Family Sharing

    With Family Sharing set up, up to six family members can use this app.

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