Finscanner
Log In
Varo Bank
Image for Varo Bank
Apply Now

Varo Bank

low
Mobile friendly
Dot

Trustpilot Rating

Reviews 2,367

Excellent

★★★★★

(4.2)

3.8

Entity type

Online Bank

Client type

Personal/Business

Country

1

United States of America

Year

"2015"

Employee Count

501-1000

Apply Now

Services

Card ProgramsCard providersCash withdrawalDebit cardsDebit cards (virtual)P2PSavings AccountWalletsWire Transfer AcceptanceUS allowedACHWealth ManagementApplePayGooglePay
3.8

Total Score

Pricing of the services

3

Social media presence

5

Popularity of the service

3

Onboarding difficulty

4

Support quality

4

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.

Pricing

Setup Fee

0 USD

Monthly Maintenance Fee

0 USD

SEPA Incoming

SEPA Outgoing

SWIFT Incoming

SWIFT Outgoing

FX Fee

Currency

  • 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

DB

May 2, 2022

I love it the best

I love it the best

MM

Apr 30, 2022

Love it 100 percent liget

Love it 100 percent liget

SB

Apr 30, 2022

Varo is great, Except..

Varo is one the best online banks out there. No monthly fees for anything. My money is always there I know where it’s going. Everything I need is in the app. The only complaint I have is the lack of customer service and the lack of help from varo. They disabled my check deposit and never told me why and say they can’t enable it one they disable it. Which makes no sense. How can you disable something but can enable it again. I don’t know. Normally they fix the issues I have with no issue, but this one thing they weren’t right on. Making changes to my account without notifying me of it or even why.

DT

Apr 30, 2022

Awesome bank

Awesome bank

DM

Apr 30, 2022

Never an issue with Varo

Never an issue with Varo

AG

Apr 29, 2022

I absolutely love Varo

I absolutely love Varo! I have not had any issues in the years that I have used them. You earn interest in savings, get direct deposit days earlier, and transfer Varo to Varo for free. Which saves a ton! Easy mobile check cashing as well. The one time I did need to speak to customer service, they were incredibly helpful and super nice.

FE

Apr 29, 2022

Covers everthing you need in as banking…

Covers everthing you need in as banking institution including savings even Grant's advances with no late fees just all around covers you

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.