Varo Bank: Mobile Banking

197K reviews
Content rating
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About this app

Join 3+ million people getting ahead with their money at Varo!

Varo Bank Account: 4.5/5 stars on Nerdwallet
• No monthly bank account fees or min balance
• Get paid up to 2 days early³
• Instantly send/receive money fast & free with Zelle®⁶ & Varo to Anyone
• Get a contactless Varo Bank Debit Card you can instantly lock
• 40,000+ U.S. fee-free Allpoint® ATMs¹⁰
• Get account activity alerts
• Link external accounts to transfer money & view your finances in one app

Varo Believe: Credit builder²
• Get a credit-building card with no security deposit once you qualify
• Build credit on purchases
• No APR or annual fee

Varo Advance: Cash advance
• Borrow up to $250⁸
• Cover bills & unexpected expenses

Varo Savings Account:⁴
• Grow your money with a high-yield savings account
• Easy auto-savings tools
• No min balance required to open, min balances to earn interest apply

• Get up to 6% cashback using Varo cards at select brands⁷

• FDIC-insured up to $250,000
• Get reimbursed for unauthorized transactions with Visa Zero Liability¹¹
• Encryption & access controls protect your data

Apply today! It won’t impact your credit score.

¹We don’t hide our fees:

²Believe is a secured credit card to help you build credit; a variety of factors impact your credit & not all are equally weighted. Building credit takes time & Believe can help when you consistently make on-time payments. Customers who had an existing VantageScore® 3.0 credit score showed an average increase of approx 40 points after 3 months of having Believe & no late payments on credit. Results vary & some customers may not see an increase

³We give access to direct deposits from employer & government payers on the day we receive them, typically up to 2 days earlier than your scheduled pay date

⁴Annual Percentage Yield (APY) is accurate as of 12/01/22. Rates may change at any time without notice, before or after account opening. Start earning 3.00% APY on savings. To qualify for 5.00% APY (on up to $5,000) the following month, there are 2 requirements: 1. Receive qualifying direct deposit(s) of at least $1,000; & 2. End the current month with a positive balance in your Bank & Savings Accounts. Once you qualify, all balances over $5,000 will earn 3.00% APY

⁵Based on The Ascent’s review:

⁶Transactions between enrolled consumers typically occur in minutes & generally do not incur transaction fees. No fees to send/receive money with Zelle® at Varo. Message/data rates from your mobile service provider may apply:

⁷Individual offers vary. Automatically get cash in your Varo Bank Account every time you reach $5 in cashback. Cashback available on specific items/services purchased with your Varo Debit & Believe Cards at select brands. Offer details vary, see Perks tab in your app for more details/current deals. The max cashback you can earn is $50 USD per calendar month

⁸Advance is a small dollar line of credit. Qualifications apply, including direct deposits to your Varo Bank Account:

⁹Testimonials reflect real experiences of Varo customers. Results & experiences vary

¹⁰No fee to use U.S. Allpoint® ATMs. We charge $3 for cash withdrawals at all out of network & international ATMs. Additional 3rd-party fees may be assessed by ATM owner. All ATM fees will be charged to the Varo account used for each transaction

¹¹You must notify Varo immediately of any unauthorized use. See terms for restrictions, limitations & details

Zelle® & the Zelle® related marks are wholly owned by Early Warning Services, LLC & are used herein under license

©2023 Varo Bank, N.A. All Rights Reserved. Member FDIC

The Varo Visa® Debit & Believe Cards are issued by Varo Bank, N.A. pursuant to license from Visa U.S.A. Inc.
Updated on
Sep 18, 2023

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
Personal info, Files and docs, and App info and performance
This app may collect these data types
Location, Personal info and 7 others
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

193K reviews
Christopher Vaz
July 17, 2023
I love this simple mobile banking app. Direct deposit was painless and there are no ATM fees if you got to the many like Allpoint, which is ubiquitous in my area. The app even has an automatic saving functionality. Also a way to build your credit score with their Believe card. You just put money on it and spend as normal and Varo claims it affects your credit score. Haven't tried it yet but it seems legit. All in all I appreciate what this app offers and it's free.
155 people found this review helpful
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Jeremiah Gatewood
July 20, 2023
The new update that changed the UI design really sucks. It used to look comfortable and common, but now all the letters and numbers are a sharper font, and it just looks uninviting. Usually a pretty good app otherwise, but damn if a company can ever just be happy with a good UI app design without changing it up and looking less appealing to its user base. And I know I'm not the only one. I've invited several people to create accounts over the years, and the feel of the new UI is unanimously bad.
146 people found this review helpful
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Varo Bank, N.A.
July 21, 2023
Hello, we are sorry to hear your frustrations with the new design! We have a "Suggest a Feature" in the Varo Bank App. If you tap My Varo > Suggest a Feature, you can add your vote to a suggested feature or service, or even suggest a new idea of your own! We pay attention to ideas that attract the most interest, so take a look and add your vote!
Kimberly Moon
January 4, 2021
Already annoyed after using this app for one day. The old version was much more convenient. There needs to be an option to automatically save password on a device, or at least have a PIN to type in to log into the app quicker. Not really a fan of the fact that when i transferred money into savings, it took an hour to show up, i dont want to complain too much because it eventually did show up in my savings balance, but i liked how the old version showed the transfers immediately.
199 people found this review helpful
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Varo Bank, N.A.
December 5, 2020
Hi Kimberly! After taking a further look into your account it appears you have now successfully logged in. If you are still experiencing any further difficulties, please be sure to let us know at

What's new

Hot off the press! Introducing: Varo to Anyone. You can now instantly send money to anyone for free, no matter where they bank. Owe a friend for gas? Splitting the lunch bill? No need to use other payment apps, you can pay anyone for anything with Varo to Anyone.
Find Varo to Anyone in your Varo app by going to Move Money -> Varo to Anyone. Make sure your app is updated to access this feature.
Let us know what features you want to see in the app by going to My Varo -> Help -> Suggest a feature.