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Varo Money

- Existing Users Only
1.7.4

Mobile banking with no monthly fees, auto savings & direct deposit^

Name Varo Money
Version 1.7.4
Update Mar 05, 2021
Size 60 MB
Category Finance
Installs 1M+
Developer Varo Bank, N.A.
Android OS Android 5.0+
Google Play ID com.varomoney.varo
Varo Money · Screenshots

Varo Money · Description

Varo has a brand new app and a new contactless debit card! If you’re new to Varo, search for Varo Bank and download the new app. If you’re an existing customer, stay tuned for an email from us on how to seamlessly transition to the new app and card!


LET’S DITCH THESE FEES

Your Varo Bank Account comes with a Varo Visa® Debit Card — which you can safely lock in your mobile banking app — but none of these fees:

• No Fee Overdraft up to $50 (see requirements below)
• No fees at 55,000+ Allpoint® ATMs worldwide. Get cash whenever you need it
• No foreign transaction fees
• No monthly maintenance fee
• No ACH transfer fee

Plus:
• No minimum balance requirement
• Get paid up to two days early with direct deposit^
• Use Google Pay™ and Samsung Pay™ for quick and easy payments



MANAGE YOUR MONEY EASILY

Your Varo Bank Account helps you stay in control of your money.

• Instantly send money to anyone who uses Varo
• Track spending and account activity with instant alerts
• Send money to and from external accounts
• We’ll mail checks for you for free


SAVE AND EARN MORE

Automatic savings tools let you save and earn money easily. First get a Varo Bank Account, then set up your high-yield Varo Savings Account.

• Automatic savings tools let you save money without thinking
• No minimum balance requirement to earn interest
• Start earning 0.40% APY*, then earn up to 2.80% APY* if you meet these three requirements each calendar month:
• Keep a daily savings balance of $10,000 or less,
• Make at least five Varo Visa® Debit Card purchases each calendar month, AND
• Receive total direct deposits of $1,000 or more each calendar month


NO FEE OVERDRAFT REQUIREMENTS

To be eligible for No Fee Overdraft to overdraw your Varo Bank Account up to $50 on any transaction made with your Varo Visa Debit Card you must meet both of these requirements:
• Make at least five qualifying Varo Visa Debit Card purchases in each calendar month, AND
• Receive total payroll or government direct deposits of $1,000 or more in the same calendar month.

Once you qualify, enroll by turning on No Fee Overdraft in the app.


STAY SAFE AND SECURE

Keeping your money and data protected is at the top of our list.

• Your deposits are FDIC insured to at least $250,000 through The Bancorp Bank; Member FDIC
• Your debit card is protected with Visa® Zero Liability‡
• Your data is protected with advanced 256-bit AES-level encryption, access control, secure processes, and audits


LEGAL THINGS

If you’re a current customer with a Varo loan, we strongly recommend you do not switch to the Android app right now. We’ll start offering lending services for Android next year!

^Early access to direct deposit funds depends on timing of payer’s submission of deposits. We generally post such deposits on the day they are received which may be up to 2 days earlier than the payer’s scheduled payment date.

*Varo Annual Percentage Yields (APYs) are accurate as of January 12, 2021. These rates are variable and may change. No minimum balance required to open account. Balance in Savings must be at least $0.01 to earn interest.

‡You must notify your financial institution immediately of any unauthorized use. For specific restrictions, limitations and other details, please consult your issuer.

Bank Account Services provided by Varo Bank, N.A. Member FDIC. The Varo Bank Visa Debit Card is issued by Varo Bank, NA pursuant to a license from Visa U.S.A. Inc and may be used everywhere Visa debit cards are accepted.

Google Pay is a trademark of Google LLC. Samsung Pay is a trademark or registered trademarks of Samsung Electronics Co. Ltd. Samsung Pay is available on select Samsung devices.

Varo Money 1.7.4 · Free Download

4.2/5 (36K+ Reviews)

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