A bank for all of us.

Varo
Neobank
Savings
Personal
Credit Card
Debit card
Virtual Card
Сredits and loans
Referral program
Mobile Apps

Varo Bank, founded in 2015, is a digital bank that takes pleasure in leveraging technology to assist its customers in better their financial life. There are no monthly fees or minimum balance requirements for Varo Bank's banking and savings products.

Services

  • Personal IBAN

  • Affiliate program

  • Cashback

  • SEPA

  • Loyalty program

  • Insurance

  • Multicurrency account

  • SWIFT

  • Card

  • Crypto

Details

Details
Founded:

2015

Has mobile app:

Yes

Has web version:

Yes

Has apple pay:

Yes

Has google pay:

Yes

Contacts:
Languages:

English

Emi type:

Neobank

Not available in these countries:

PRK, SYR, TJK, CAF, Western Sahara, YEM, ALB, BLR, CHN, CYP, GEO, RUS, UKR, CMR, XAF, MOZ, IRN, SDN, KUB, MMR, South SDN, NGA, IDN, LBY, ATA, BV, TCD

Jurisdiction:

USA

Licenses:

Visa USA Inc.

Main info

Main info
Has insurance:

Yes

Has trading:

No

Main service fee text:

0 USD

Account opening fee:

0 USD

Deposit fee:

To deposit cash into your Varo checking account, you must either go to a participating Green Dot location and add cash at the register (up to a $4.95 merchant fee) or buy a Green Dot MoneyPak ($5.95 merchant fee).

Withdrawal fee:

There is no fee to withdraw money from any Allpoint® ATMs. There is a $2.50 ATM cash withdrawal fee charged by Varo Bank for all out-of-network ATM transactions. The ATM operator may charge an additional fee as well. There is no fee charged by Varo Bank for cash deposits.

P2P fee:

0%

Main currency:

USD

Number of currencies:

1

Cashback:

Earn up to 6% cash back when you use your Varo cards at select brands(1).

1 Individual offers may vary. Automatically get cash in your Varo Bank Account every time you reach $5 in cashback. Cashback available on specific items or services purchased with your Varo Debit Card and Varo Believe Card at select brands. Offer details may vary, see the Perks tab for more details and current deals. The maximum Cashback that can be earned is fifty dollars ($50 USD) per calendar month.

Credit:

Once you qualify, Varo Advance gives you access to up to $100* cash directly in the Varo Bank app. It has one simple fee depending on the amount of the Advance, and you can make as many payments as you want, when you want to, in any amount. You just have to pay it all back within 30 days.

Interest account:

2-5%

Referral program:

50$.

You can refer up to 5 of your friends and family members within a calendar year. If you used a referral link and received a bonus when joining Varo Bank, that payment counts as one of the 5 allotted referrals.

Card

Money transfer

Card
Has card:

Yes

Has virtual card:

Yes

Has multicurrency card:

No

Payment card type:

Debit/ Credit

Card provider:

Visa

ATM withdrawal fee:

No fees at 55,000+ Allpoint® ATMs

If you choose another ATM- 2,5$

Card limits:

You can spend up to $2,500 per calendar day with your Varo Bank debit card in purchases or cash back at point of sale.

You can also use your card to get cash. If you withdraw from an ATM, the maximum amount you can withdraw is $1,000 per calendar day.

Money transfer
Money transfer speed:

Instantly

User Reviews

e

e

e

Eleanor Rice

LOVE THE FACT THAT I GET CUSTOMER SERVICE, GET PAID EARLIER THE NORMAL, THERE MOBILE BANKING VERY EASY TO USE AND FEATURES ARE GREAT, I AM IN LOVE WITH THE FACT THAT THIS BANK ACCOUNT HAS NO FEE'S. GREAT BANK!!

Rose Simmons

Varo is fascinating, Im using my account almost for 2 years and never I had any problem with it. Varo card can be used in everywhere and Im happy that I can manage my finance so easily with Varo. Thank you for such a good work!

Edward Olson

I Was Trying To Invite My Friend To Use This App But I Dont Understand How I Can Do It, Is It From The App Or Website?

Carlos Long

Soon I will LEAVE this platform, i can not find ANYONE to talk or contact, i PHONED them many times, EMAILED them and still NO ANSWERS or any types of RESPONSE, its LONG TIME now, really DISSEPOINTED….

Frank Cooper

Very easy to use, i think no one anymore need to go to the bank for any financial activity if they use VARO, this bank is the BEST, thank you and LOVE youuuuu!!❤️

David Hampton

Really enjoying using Varo but lately i had not underestable issue with it i used it one night and next day in the morning it shows that my account is locked and no any explanation soo i contacted the support team and they said that it is because of some security issues that they can not tell me too and i should wait until not understandable when the issue be solved and they will send me an email with instructure how i can unlock it thats not good at all and they can not even speak about the problem so now i can not pay my bills and dont know until when i can not access to my accout

Rate Varo

— Rate your recent experience