Online Checking Accounts

No monthly fees. No minimum balance required. No need to leave home.

Open an online checking account with Varo and get faster access to your funds^*

Varo is a new bank built to serve your lifestyle, emphasizing convenience, security, and savings opportunity. With online banking from Varo, you can confidently manage your money on your terms.

CONVENIENT

24/7 banking

Access your account(s) anytime, all on your phone. Plus, there's no minimum balance requirement.
FREE

No monthly fee

Enjoy monthly-fee-free checking, no transfer fees, no foreign transaction fees, and no ATM withdrawal fees at 55,000+ Allpoint^® ATMs.^†
FAST

Early paydays

Varo customers using direct deposit can get their paycheck up to two days early.^*

Advantages of banking with Varo

In addition to no monthly fees, quick direct deposit, and anytime banking, Varo offers the benefits found at a brick-and-mortar bank and more.

PERKS

Explore the ways Varo can give you financial peace of mind

Once you qualify, access up to $250 with Varo Advance.^** (fees apply) Customers start with access to $20, and, over time, may qualify for higher amounts based on direct deposit amounts and a history of timely repayments.

Varo Visa® contactless debit card issued by Varo Bank, N.A. with a tap to pay option for your convenience and security

A Save Your Change feature that rounds up all of your purchases to the nearest dollar and automatically transfers that amount from your Varo Bank Account to your Varo Savings Account

Customer service available seven days a week, excluding federal holidays

Deposits insured up to $250,000 through Varo Bank, N.A. Member FDIC

Access to more than 40,000 fee-free AllPoint ATMs in the U.S. in stores like Target®, Walgreens®, and CVS® ^†

The ability to send money instantly to another Varo customer at no charge with Varo to Varo transfers

Fraud protection for unauthorized charges on your Varo debit card with Visa® Zero Liability Protection^††

Connection to contactless payment apps like Apple Pay™, Google Pay™, PayPal®, Venmo®, and Zelle®

Over 90,000 locations for cash deposits using Green Dot Reload @ the Register (service fee from Green Dot applies)^§

Questions about Varo Bank Accounts

Here are some easy answers for common questions about banking with Varo.

What do I need to open a bank account with Varo?

You can open a Varo Bank Account in minutes with the following information:

Your Social Security number
One form of personal identification (such as a driver's license or passport)

Applying for a Varo Bank Account will not affect your credit score.

What is a checking account used for?

A type of account for daily expenses, a checking account can be used to make purchases and pay bills. The money in your account may come from sources like direct deposit.

Can I open a Varo checking account online?

Varo lets you open a free checking account online in minutes, without having to visit a banking branch. Apply online.

Does Varo offer debit cards?

You'll get a Varo Bank Visa® Debit Card when you open an account. You can lock your Varo debit card in the Varo app instantly to safeguard against unauthorized purchases.