Varo has average check clearing waiting times. They have cash advances. They have a credit builder card. The cash load is not free but relatively easy even though the limit is pretty low. They do no... See more
Company replied
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Review summary
Created with AI, based on recent reviews
What people talk about most
Reviews shaping this summary
I enjoy the various Locations to load my Varo Debit Card and Varo Credit Card. When shopping, sometimes, I spend money periodically and while I"m at the business. I can load funds so I don't have to s... See more
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I have alot going on knowing exactly when my money will be deposited help alot with someone has anxiety. I just wish the app would be little bit better for people that has vision disability I have a... See more
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Simple to sign up and get started. The tools make understanding your options easy. I would ignore a lot of the noise they generate after you get started of lines of credit or the secured card. Those p... See more
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Company details
About Varo Bank
Written by the company
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
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.
Contact info
United States
- varomoney.com
4.1
Great
6K reviews
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Reply from Varo Bank
It’s feedback like this that drives us to keep pushing forward—thanks for being part of the community!
The fact that varo gave me 2nd chance
The fact that varo gave me 2nd chance, when i couldnt muster the strength to give my self a 2nd chance. Im all for varo.
June 1, 2026
Reply from Varo Bank
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!
Someone hacked into my account while I…
Someone hacked into my account while I was in jail and took my money.
June 18, 2026
Reply from Varo Bank
IID: a418a863-001f-4420-a20a-e3e9befd903a
The customer left a negative review as their Identity was misused when they were in jail
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.
Easy banking get paid days early than suppose to
May 1, 2026
Reply from Varo Bank
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!
Varo Bank
I searched online for different bank account
And read them all. Varo was the best one. It is a life saver for me . I love the second card as it gives back.
June 18, 2026
Reply from Varo Bank
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!
Absolutely Infuriating - Do Not Trust Them With Your Main Money
If I could give Varo zero stars, I would. I have been using this bank for a few months and everything seemed fine until this week when they completely ruined my life.
Out of nowhere, without a single warning or email explanation, my account was completely frozen. They locked me out of the app entirely. My direct deposit from work hit the account yesterday, and I can't touch a single dime of my own hard-earned money. I can't pay my rent, I can't buy groceries, and my automated bills are all about to bounce and hit me with fees.
Trying to get a human being on the phone or chat is a joke. You get trapped in an endless loop with their automated bot. When I finally got through to a real person after waiting on hold forever, they couldn't tell me anything. They just gave me a generic script about "security reviews" and told me it could take weeks to resolve, or they might just mail me a check.
On top of that, they constantly play games with their features. I was using Varo Advance for months, but because my payroll deposit was a day later than usual this week, they instantly disqualified me from the cash advance and dropped my savings interest rate.
This isn't a real bank; it's a broken algorithm. If you use them as a secondary card for pocket change, you might be fine. But do NOT make them your primary bank unless you want to wake up one day completely broke and locked out of your own life. Utterly unprofessional. Avoid them at all costs.
June 11, 2026
Unprompted review
Reply from Varo Bank
The customer left a negative review because their account was suspended
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 Love That I get Paid Early 😌 with…
I Love That I get Paid Early 😌 with direct deposit
June 16, 2026
Reply from Varo Bank
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!
Reply from Varo Bank
Your feedback made our day! At Varo, we strive to create a streamlined banking experience that helps you thrive financially. Knowing that we’ve been able to do that for you means the world to us! ♥️
Reply from Varo Bank
Your feedback made our day! At Varo, we strive to create a streamlined banking experience that helps you thrive financially. Knowing that we’ve been able to do that for you means the world to us! ♥️
Reply from Varo Bank
Your feedback made our day! At Varo, we strive to create a streamlined banking experience that helps you thrive financially. Knowing that we’ve been able to do that for you means the world to us! ♥️
All these online banking advertise how…
All these online banking advertise how you can get advanced loan or get a loan all you have to do is sign up. What they fail failure to tell you that you gotta do direct deposit, which is fine. I don’t have a problem with that but once they get you committed to doing a direct deposit to that place that bank then you should be able to have and be eligible to be to get a loan or get advanced loan. You shouldn’t have to wait after three or four months and because you plan on staying there anyway
People just don’t open online banking and get a cash advance and then shut it off so my experience was Vero and anybody else’s they lie they lie just like the loan companies lie about how they’re doing the solve credit pull and really they do a hard credit pole, and then it damage your credit. I was told that just today by another car dealership that said they did a soft credit pole and they said my credit is damaged by all the applications all the ones that said no it’s not gonna damage your credit. Well they damaged my credit anyway so Vero if you want me to take back my survey on you and what I think of you then it would be nice if you can offer me a small loan. I am in dire need of a small loan to get a vehicle because I wasn’t an accident and I no longer have a car so if you want to be a hero and help me out then give me a cash advance or alone so I can get a car thank you.
June 17, 2026
Reply from Varo Bank
IID: 6574742e-4cba-462c-9740-ef7e53f5e547
The customer left a negative review because they were not eligible for Varo lending products.
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.
Horrible bank
Horrible bank. Froze my account without even verifying anything with me and I had to file a complaint because I called their customer service and they wouldn't give me any information and locked me out of my account! Horrible!!! Run!!!
May 20, 2026
Reply from Varo Bank
IID: e206d163-0a68-437e-b3c0-a0435dfa3dbc
The customer left a negative review and stated that their account was frozen, and we had locked them 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.
Your always let me no about my …
Your always let me no about my balance and your let me no about my income deposit
June 17, 2026
Reply from Varo Bank
Your feedback made our day! At Varo, we strive to create a streamlined banking experience that helps you thrive financially. Knowing that we’ve been able to do that for you means the world to us! ♥️
Its a great institution to bank at
June 17, 2026
Reply from Varo Bank
Your feedback made our day! At Varo, we strive to create a streamlined banking experience that helps you thrive financially. Knowing that we’ve been able to do that for you means the world to us! ♥️
Reply from Varo Bank
Your feedback made our day! At Varo, we strive to create a streamlined banking experience that helps you thrive financially. Knowing that we’ve been able to do that for you means the world to us! ♥️
Hell No.
They can't figure their shit out. You can only get help from AI, which is like asking the dumbest person you know to do your taxes. Your money's getting f*cked up.
June 12, 2026
Reply from Varo Bank
IID: 616167ad-0bcf-4739-bc56-a4f9144b05c9
The customer left a negative review and stated they were unable to reach out to customer service for their 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.
Love occasional reminders on building credit.
Like getting occasional notices on how to build credit and reminders on using bill pay.
June 16, 2026
Reply from Varo Bank
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!
Money is available right away from…
Money is available right away from transfer and send money feature.
June 16, 2026
Reply from Varo Bank
It’s feedback like this that drives us to keep pushing forward—thanks for being part of the community!
I have had a good experience so far
I have had a good experience so far. I haven't had any issues with them.
June 16, 2026
Reply from Varo Bank
It’s feedback like this that drives us to keep pushing forward—thanks for being part of the community!
You gave me a chance to get a cash…
You gave me a chance to get a cash advance and allowed a good amount of time to pay it back.
June 8, 2026
Reply from Varo Bank
Thanks for the kind words! We’re so glad to be a part of many success stories and look forward to continuing to serve our customers! 🎉
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