Varo Bank: Online Banking

Keep More of Your Money

• No Monthly, Minimum Balance or Overdraft Fees¹

• 40,000+ U.S. fee-free Allpoint® ATMs²

• Auto-saving tools

• Grow your money with a high-yield savings account that provides up to 5.00% APY on balances up to $5000.³

Get Money Faster

• Get paid up to 2 days early with direct deposit⁴

• Borrow up to $500 over time for when you need it⁵

• One of the highest advance limits around⁶

• Instantly send/receive money fast & free with Varo to Anyone

• Get a contactless Varo Bank Debit Card when you sign up

Build Your Credit

• Varo Believe credit-building card with no security deposit once you qualify and no APR or annual fee⁷

Disclosures

¹ Transactions will be declined when you don’t have sufficient funds. You could have a negative balance if a transaction is approved for one amount, but the actual charge is more than what you have in your account, but we won’t charge you an overdraft fee.

² No fee at U.S. based Allpoint® ATMs. $3.50 fee for cash withdrawals at all out of network & international ATMs. 3rd-party ATM fees may apply. Fees will be charged to the Varo account used for each transaction.

³ 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. Rates subject to change at any time.

⁴ 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

⁵ 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. Add'l qualifications apply.

⁶ Based on November 2024 internal Varo research among single standalone loans with repayments of 30 days or less.

⁷ 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 Believed Secured Account to pay off any balance in full monthly, when due. Quals apply.

©2025 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.