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Varo Bank
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Varo Bank

Mobile friendly

Trustpilot Rating

Reviews 2,381





Entity type

Online Bank

Client type




United States of America



Employee Count


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Card ProgramsCard providersCash withdrawalDebit cardsDebit cards (virtual)P2PSavings AccountWalletsWire Transfer AcceptanceUS allowedACHWealth ManagementApplePayGooglePay

Total Score

Pricing of the services


Social media presence


Popularity of the service


Onboarding difficulty


Support quality


About Varo Bank

Varo Bank is a digital bank from the USA founded in 2015. Varo offers innovative, premium banking services wrapped in inclusive design. Varo provides to its customers no-cost premium bank accounts and high-interest savings accounts offered through The Bancorp Bank, and tech-first features to help people manage their money more easily.


Setup Fee


Monthly Maintenance Fee


SEPA Incoming

SEPA Outgoing

SWIFT Incoming

SWIFT Outgoing

FX Fee


  • USD

    (United States dollar)

Additional Requirements

  • To open account with Varo: full name, social security number, date of birth, and residential address are required.

Trustpilot reviews


May 22, 2022

Customer service is a joke

Customer service is a joke. And so is the limit to transfer my own money

Best Bank Hands Down!

I love this bank. I have been with Varo Bank for a few years now and have not had a single issue or fee for that matter! Customer service is amazing for not having physical locations. They also keep adding more and more perks like cash back features and early direct deposit. I have recommended them to several friends and family and some have even dropped their other banking options for Varo Bank. Best online bank ever!


May 17, 2022

Wow great banking

Best banking app I've ever used going on four years now


May 16, 2022

I get my direct deposits early and…

I get my direct deposits early and whenever I have a issue it gets taken care of fast and easy.


May 16, 2022

good bank

i have used Varo for a while now and i have to say its pretty good overall. the savings account and the ability to earn interest on that savings account really make banking easier. the reason why i didn't put 5 stars is due to the slight difficulties to become a member of Varo believe.


May 15, 2022

I love using my Varo card

I love using my Varo card what I like about it is the checking account and savings account is a very good card to have…


May 14, 2022

I am and always have been completely…

I am and always have been completely satisfied with Varo banking system since day 1. The mobile app is so user friendly you could navigate through it blindfolded. Tech support is Grade A as well. No matter how big the problem they will without a doubt help find a solution. Love you guys and gals at Varo Banking. 😊😊

Finscanner is an independent digital platform aiming to provide up-to-date access to worldwide financial services to improve customer experience and boost transactions.

On this page, you can see a detailed review of Varo Bank Banks with reviews from real users and our experts. Varo Bank provides the following services: Card Programs, Card providers, Cash withdrawal, Debit cards, Debit cards (virtual), P2P, Savings Account, Wallets, Wire Transfer Acceptance, US allowed, ACH, Wealth Management, ApplePay, GooglePay.

At the moment, Varo Bank rating on Finscanner is 3.8 and on Trustpilot is 4.2.