iPhone Screenshots


Varo has a brand new app and a new contactless debit card! If you’re new to Varo, search for Varo Bank and download the new app. If you’re an existing customer, stay tuned for an email from us on how to seamlessly transition to the new app and card!

Welcome to mobile banking that charges no monthly fees, lets you get paid up to two days early with direct deposit^, offers easy automatic saving tools, and gives you new ways to manage your money. Forget everything you know about banking. This is banking that actually helps.


Your Varo Bank Account comes with a Varo Visa® Debit Card — which you can safely lock in your mobile banking app — but none of these fees:

- No Fee Overdraft up to $50 (see requirements below)
- No fees at 55,000+ Allpoint® ATMs worldwide
- No foreign transaction fees
- No monthly maintenance fee
- No ACH transfer fee

- No minimum balance requirement
- Get paid up to two days early with direct deposit^


Your Varo Bank Account helps you stay in control of your money.

- Instantly send money to anyone who uses Varo
- Deposit checks in the app
- We’ll mail checks for you for free
- Track spending and account activity with instant alerts
- Link external accounts to see all your outside finances in one place
- Transfer money to and from external accounts


Save and earn money easily and automatically. First get a Varo Bank Account, then set up your high-yield Varo Savings Account.

-Automatic savings tools let you save money without thinking
-No minimum balance requirement to earn interest
-Start earning 0.81% APY*, then earn 2.80% APY* if you meet these three requirements each calendar month:
● Keep a daily savings balance of $10,000 or less,
● Make at least five qualifying Varo Visa Debit Card purchases each calendar month, AND
● Receive total direct deposits of $1,000 or more in the same calendar month


To be eligible for No Fee Overdraft to overdraw your Varo Bank Account up to $50 on any transaction made with your Varo Visa Debit Card you must meet both of these requirements:

- Make at least five qualifying Varo Visa Debit Card purchases in each calendar month, AND
- Receive total payroll or government direct deposits of $1,000 or more in the same calendar month.

Once you qualify, enroll by turning on No Fee Overdraft in the app.


Keeping your money and data protected is at the top of our list.

- Your deposits are FDIC insured to at least $250,000 through The Bancorp Bank; Member FDIC
- Your debit card is protected with Visa® Zero Liability‡
- Your data is protected with advanced 256-bit AES-level encryption, access control, secure processes, and audits


If you have any questions, or just want to find out more, contact our friendly Utah-based Customer Service 7 days a week, except federal holidays.


^Early access to direct deposit funds depends on timing of 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.

*Varo Annual Percentage Yields (APYs) are accurate as of September 15, 2020. The rates are variable and may change. No minimum balance required to open account. Balance in Savings must be at least $0.01 to earn interest.

1 Source: FDIC, February 2020: fdic.gov/regulations/resources/rates/

‡You must notify your financial institution immediately of any unauthorized use. For specific restrictions, limitations and other details, please consult your issuer.

Bank Account Services provided by Varo Bank, N.A. Member FDIC. The Varo Bank Visa Debit Card is issued by Varo Bank, NA pursuant to a license from Visa U.S.A. Inc and may be used everywhere Visa debit cards are accepted.

What’s New

Version 3.0.10

Varo has a brand new app and a new contactless debit card! If you’re new to Varo, search for Varo Bank and download the new app. If you’re an existing customer, stay tuned for an email from us on how to seamlessly transition to the new app and card!

Ratings and Reviews

4.8 out of 5
56.2K Ratings

56.2K Ratings

~April A.~ ,

Loving my account, but one dislike...

I am very happy with 99% of Varo, from account to Customer service, but my one dislike is that when I open the app, I find it so confusing seeing all of my linked accounts, and needing to really double check how much money is actually in my Varo account and not a total amount between all of my banks... I kind of primarily open the Varo app to double check my Varo balance prior to using my Varo card, and certainly can’t make any purchases using the amount available between each of my linked accounts, so I personally feel like that feature should be set further in the background and not the main attraction when you open the app. I absolutely do like having the ability to see everything together at a glance, but I truly hate it being so difficult to zone in on the Varo account, which is the major reason why you would open the app instead of opening the app for your other accounts, no?? It would be nice if maybe you could be able to customize your home screen to focus on what’s most important to each person.... Not a big enough reason to make me dislike the bank account, but just something that irks me about the app itself...

JerkDiggler ,

It’s Alright...

I thoroughly enjoy the fact that I get my direct deposit early, and I enjoy(ed) the no fee overdraft feature which spots you $50 until your next deposit. It was nice being able to be spotted a little extra until payday...in the beginning anyway. At some point Varo updated their app which started interfering with the 50 overdraft limit you could use, making all purchases decline even if you still have $45 available for use with the overdraft amount. It doesn’t even solely affect the overdraft amount - you could have $30 bucks in your account, but if you have a couple of pending charges, new purchases will decline until those pending charges settle. Even if the purchase(s) don’t exceed the amount you have left in your account before overdraft takes over. Example: I had about $75 in my account, I attempted to make a $6 purchase and my card declined. I went elsewhere and tried to make another small purchase to test the waters, and again my card declined. I logged into the app and saw that I still had $75 bucks left in my account, and only had about $15 worth of pending charges. Basic math suggest that’s even when those pending charges settled, my avail balance would still be able to cover the $6 purchase and then some before creeping into “overdraft mode”. Varo has some perks, but the seizing of your funds while 2-3 charges are pending is ridiculous, it’s frustrating and embarrassing to say the least.

Developer Response ,

Hi there! We're very sorry for the frustration with our No Fee Overdraft feature. While transactions are pending, the related overdraft funds are not available for new purchases. Once the transactions settle (which usually happens within a day or two of the transaction) and the balance is repaid, the overdraft funds will be available for use again. To avoid this, you can withdraw the full $50 overdraft amount at an ATM at once as one transaction to avoid pending transactions. We apologize for the inconvenience and appreciate you for providing your feedback.

astiiiiiiiiiiiiiiiiiiiii ,

It’s a good “First Time Bank Acct”

I actually enjoy Varo! It’s structured nicely and the layout is easy to find your way around. I really do like the fact that there isn’t a maintenance fee. I’m using Varo as an alternative because I was having fraudulent issues with a chain Bank who refused to close the account. I’ve had a good experience with Varo EXCEPT for how long it takes for the mobile check to be deposited. If the check is over $200, do not expect your funds for 1-5 business days (and hopefully you’ll remember to deposit the check before the weekend!). This is a good bank to have if you’re new to banking or only making less than $200 deposits. I once made a deposit that was over $580 and I had $200 deposited the next day, while waiting for the remaining to be deposited 7 days later (5 business days + the wknd). I have a check that is over $250 and I’m waiting on the $200 to be deposited one day, and the remaining two days from now. Also, the balance doesn’t automatically refresh all of the time - so it’s very important that you keep mental (or noted) track of your transactions. Again! GREAT app, but it’s better suited for part-time workers or retail employees who are barely making $300. I’ll definitely be looking into a different bank after Varo, hopefully a credit union. It’s also kind of strange that they offer linking your Cashapp to Varo, but there is no clear instruction on how to execute that.

Developer Response ,

Hello! Thank you so much for the feedback! We always look for ways to improve so we are constantly changing our processes. We hear your concerns with the mobile check deposit availability time frame, please note timing depends on how long the account has been open and account history so it is very possible for the time frame and limit of your check deposit to change to what best suits your account needs. If you ever need to deposit a check higher than your limit or need emergency access, always feel free to contact our customer service team at help@varomoney.com!

If you are having trouble linking an external account, please contact our team so we can assist further. With that, I would also like to invite you to participate in a neat feature we have called, "Suggest a Feature" right in your Varo mobile app. Here you can add an idea or you can vote on an existing one you find would be helpful for your banking needs!

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.

  • Siri

    Get things done within this app using just your voice.

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