Take control of your money. Join a bank that sets you up for a better financial future. From getting your paycheck 2 days early to no-fee banking to cash advances when you need them, peace of money starts here. FDIC insured – backed by the full faith and credit of the U.S. government. Free Banking No monthly fees, 40,000 fee-free ATMs, and cash deposits for $0 at over 7,000 CVS nationwide.1 Learn More * Loans and optional services have fees Early Direct Deposit Get paid up to 2 days early when you set up your direct deposit with Varo.2 Learn More Varo Advance One of the highest cash advance amounts around. Once qualified, borrow up to $250 instantly and $500 over time.3 Learn More High APY Savings Save more with our super high Annual Percentage Yield. Earn 5.00% on your first $5,000.4 Learn More Varo Believe Credit Builder No interest, no fees, no credit history required. Just an easy way to build your credit.5 Learn More Varo Line of Credit The best way to access cash when you need it. Borrow between $600-$2,000. Eligibility required.6 Learn More Varo to Anyone Send money to anyone, no matter where they bank. It’s fast, free, and secure. Learn More Support Contact FAQ 1 Fees apply to out-of-network withdrawals & cash deposits, Varo Advance, and Varo Line of Credit. A full list of Varo fees can be found here. 2 We give you access to your direct deposits from employer and government payers on the day we receive them, which is typically up to 2 days earlier than your scheduled pay date. 3 Based on April 2024 internal Varo research among single standalone loans with repayments of 30 days or less, no subscription fees or early wage payment requirements. Varo Advance(VA) is a small dollar line of credit. Initial limits range from $20-$250, work your way up to $500 over time. Fees range from $1.60 - $40 based on loan amount. Current limit can be viewed in the Varo App. Only one outstanding advance at a time, must be repaid in full prior to requesting a new advance. Varo Bank Account, with minimum Qualifying Direct Deposit (QDD) of $800 in current or previous calendar month required. Limits and eligibility evaluated daily and may change at any time. Qualifying direct deposits are electronic deposits of your paycheck, pension or government benefits (such as Social Security or unemployment) from your employer or government agency to the extent that can be identified. Tax refunds and government stimulus payments, Person-to-Person payments (such as Venmo or Varo to Anyone), and funds deposited using a Varo routing number are not considered a direct deposit. Add'l qualifications apply. 4 Annual Percentage Yield (APY) is accurate as of December 11, 2024. Start earning 2.50% APY, then qualify to earn 5.00% APY on your balance up to $5,000.00 next month by 1) Receiving direct deposit(s) totaling $1,000 or more; and 2) End the month with a positive balance in all your Varo Accounts. Qualifying direct deposits are electronic deposits of your paycheck, pension or government benefits (such as Social Security or unemployment) from your employer or government agency to the extent that can be identified. Tax refunds and government stimulus payments, Person-to-Person payments (such asVenmo or Varo to Anyone), and funds deposited using a Varo routing number are not considered a direct deposit. 5 Varo Believe is a secured credit card designed to help you build credit; however, a variety of factors impact your credit and not all factors are equally weighted. You must add money before using, money added sets the spending limit. Funds spent are held in your Varo Believe Secured Account to pay off any balance in full monthly, when due. Quals apply. 6 The Varo Line of Credit (VLOC) is a short term loan with credit limits ranging from $600 - $2000. A flat fee of $60 to $400 is assessed with each advance based on the amount. Once qualified your credit limit may fluctuate based on a variety of factors. You may only take one VLOC advance out at a time. Eligibility and/or credit limit information is available in the Varo App. Quals apply.
Written by the business, not verified by us.Varo Bank (varomoney.com) has a 3.7 out of 5 rating on OK.one, based on 143 user reviews collected here. It is listed under Money & Insurance and its reputation is mixed. 22% of reviews are 1 star, a relatively high share; The business has replied to 100% of negative reviews; Reviews mostly discuss User experience, Customer service, App. Last updated 2026-09-01.
Reviewers had a great experience with this company. Customers frequently mention that the mobile application is very easy to navigate, making daily banking tasks smooth and stress-free. Many people also appreciate receiving their direct paychecks early, which helps them plan their budgets and daily expenses effectively. Users find the overall service reliable for everyday transactions without having to worry about hidden fees or extra charges. Some reviewers were not happy with sudden account restrictions, unexpected deposit holds, and sudden limit reductions. Consumers also pointed out that support agents struggled to explain these sudden account issues or provide helpful solutions when problems arose.
Auto-generated from all reviews of this business. For reference only.Love to hear it! At Varo, service and simplicity are a priority. Thank you for taking the time to share this experience! We look forward to continuing to serve our customers for many years to come.
This feedback makes our day! At Varo, we strive to create a streamlined banking experience that helps people thrive. Knowing that we’ve been able to do that means the world to us! ♥️
Love to hear it! At Varo, service and simplicity are a priority. Thank you for taking the time to share this experience! We look forward to continuing to serve our customers for many years to come.
It hasn't failed me yet, but it makes it difficult to connect other cards
Love to hear it! At Varo, service and simplicity are a priority. Thank you for taking the time to share this experience! We look forward to continuing to serve our customers for many years to come.
I'm upset my card was locked and yet a transaction still went through taking every penny I had saved for a bill.
IID: 7359a022-f466-4294-bf44-ad521984d890_20260506 The customer left a negative review because a transaction went through even after they locked their card and wanted to raise a concern Review Response: We appreciate your review and we assure you that this is not an experience we want our customers to have. We want to better understand the issues you’ve been facing and provide some ways forward where we can. Though we can’t directly assist here, our 24/7 live chat support is available in the Varo app— just select My Varo > Help and support > Chat with us and our chatbot will guide you through your issue and get you connected to a live agent if needed. We’re dedicated to getting this resolved for you.
The app is very easy to use
This feedback makes our day! At Varo, we strive to create a streamlined banking experience that helps people thrive. Knowing that we’ve been able to do that means the world to us! ♥️
Love the fact that I can borrow money in between payday if needed.
We’re thrilled to hear about your positive experience! Varo’s mission is all about making banking more inclusive. Thank you for trusting us on your journey—we’re excited to keep supporting you!
I've been a loyal customer for over 5 years had minor inconveniences over the years which could be overlooked but because of a payroll problem over 4th of July my line of credit was 1 day late so they decided to cancel my advances and further line of credit after building that trust with hundreds of advances and never having a late payment in 5 years . Excuses only done through chat of our system is automated and cannot be overridden doesn't make me really comfortable knowing there is no human control over funds. I will be canceling all my accounts and direct deposit.
The customer left a negative review because they were not happy with the advance eligibility Review Response: We appreciate your review and we assure you that this is not an experience we want our customers to have. We want to better understand the issues you’ve been facing and provide some ways forward where we can. Though we can’t directly assist here, our 24/7 live chat support is available in the Varo app— just select My Varo > Help and support > Chat with us and our chatbot will guide you through your issue and get you connected to a live agent if needed. We’re dedicated to getting this resolved for you.
Transparent company with a fairly easy to use app
We’re thrilled to hear about your positive experience! Varo’s mission is all about making banking more inclusive. Thank you for trusting us on your journey—we’re excited to keep supporting you!
A better way to do banking without going to the bank.. I love varo bank!!! Chime and go2bank suck!!! Visit varo bank website and you would like what they offer for banking with a debit card 4 sure.....
We’re thrilled to hear about your positive experience! Varo’s mission is all about making banking more inclusive. Thank you for trusting us on your journey—we’re excited to keep supporting you!
We’re thrilled to hear about your positive experience! Varo’s mission is all about making banking more inclusive. Thank you for trusting us on your journey—we’re excited to keep supporting you!
We’re thrilled to hear about your positive experience! Varo’s mission is all about making banking more inclusive. Thank you for trusting us on your journey—we’re excited to keep supporting you!
Nice like it was recommend buy a co-worker to join this 💯
We’re thrilled to hear about your positive experience! Varo’s mission is all about making banking more inclusive. Thank you for trusting us on your journey—we’re excited to keep supporting you!
Terrible customer service, AI bot most of the time giving you basic responses. Then the representatives have no answer or help at all. I had Zelle service this morning and then none all of a sudden. Said it was "system generated". Well maybe it shouldn't be automated or generated unless they are sure we can keep it. Such a mess and makes it more complicated for me for no reason.
The customer left a negative review because they were not happy with the AI Bot service while they tried reaching out to Varo for some concerns. Review Response: We appreciate your review and we assure you that this is not an experience we want our customers to have. We want to better understand the issues you’ve been facing and provide some ways forward where we can. Though we can’t directly assist here, our 24/7 live chat support is available in the Varo app— just select My Varo > Help and support > Chat with us and our chatbot will guide you through your issue and get you connected to a live agent if needed. We’re dedicated to getting this resolved for you.
These people are not trustworthy at all. They will work with you as long as you have money flowing through you account. If you don't have any money in there for awhile, they will cancel your checks and lock you out of my account. I wish I didn't trust Varo today with my money. I wrote all over my check and then deposited it only to be locked out of my account and suspended. I've already talked to the people that issued the check and they said they will be re issuing it and if there are any issues, then we will be looking at fraud. Stay away from these guys and find a real bank.
The customer left a negative review because they were locked out of their account Review Response: We appreciate your review and we assure you that this is not an experience we want our customers to have. We want to better understand the issues you’ve been facing and provide some ways forward where we can. Though we can’t directly assist here, our 24/7 live chat support is available in the Varo app— just select My Varo > Help and support > Chat with us and our chatbot will guide you through your issue and get you connected to a live agent if needed. We’re dedicated to getting this resolved for you.
0 customer service… holds refunds forever. I’ve been with Wells Fargo forever. I decided to give Varo a chance. The MAJOR, MAJOR, MAJOR CON: Amazon refunds, with WF once you get the refund email/text from Amazon it was in my WF account within 1 hour. With Varo I’m on the 6th day and still waiting. Varo just can’t compete with bigger legitimate banks
The customer left a negative review because they were not happy with the refund timeframe in Varo Review Response: We appreciate your review and we assure you that this is not an experience we want our customers to have. We want to better understand the issues you’ve been facing and provide some ways forward where we can. Though we can’t directly assist here, our 24/7 live chat support is available in the Varo app— just select My Varo > Help and support > Chat with us and our chatbot will guide you through your issue and get you connected to a live agent if needed. We’re dedicated to getting this resolved for you.
We’re thankful for the loyalty. We’re here to help customers reach financial goals with a system that is accessible. To more years ahead! 🎊
Just don’t like that I cannot try the borrow up to 2000 feature because it connects with plaid and won’t register my incoming direct deposits from employer I don’t have bank to connect it with I think should have feature for people like me to be able to apply for loan and not have to connect bank info I’m sure I’m not the only person that does not have a bank to connect
IID: 0b82d967-3f4f-4589-a5c2-3be14deaea2c The customer left a negative review because they were not happy with the Borrowing limit at Varo Review Response: We appreciate your review and we assure you that this is not an experience we want our customers to have. We want to better understand the issues you’ve been facing and provide some ways forward where we can. Though we can’t directly assist here, our 24/7 live chat support is available in the Varo app— just select My Varo > Help and support > Chat with us and our chatbot will guide you through your issue and get you connected to a live agent if needed. We’re dedicated to getting this resolved for you.
I just opened my Varo account so not to much to review just yet. Definitely great everyday deals and offers though.
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!
They give great service. Keep you up-to-date. Keep you on point.
We’re thrilled to hear about a positive experience! Varo’s mission is all about making banking more inclusive. We’re thankful for those trusting us on their journey—we’re excited to keep supporting!
143 reviews matching
