Varo Bank: Online Banking

Varo isn’t just an online banking app. We are a real bank, built for the digital age. Free online banking, early payday⁴, high yield savings⁹, credit score monitoring, easy credit building⁵, automatic cashbackᵟ, instant cash advances (once qualified)², and more. Quals apply. Fees apply to loans and out-of-network servicesᐞ.

Member FDIC—mobile banking backed by the full faith and credit of the U.S. Government.

FREE ONLINE BANKING
• Early payday⁴
• No minimums or hidden feesᐞ
• Send and receive money in minutes³ with Zelle®
• Free debit card
• Free cash deposits at CVS®ᙾ and withdrawals at 40k+ US Allpoint® ATMs⁷
• Free credit score monitoring
• Automatic cashbackᵟ—no activation required or single-day windows
• Mobile check deposit (quals apply)ᵟ
• Digital wallet (select customers)ᵟ
• Unlike many money apps, we’re a real bank

INSTANT CASH ADVANCES
• Borrow up to $250 today²
• Work up to $500 cash advances over time with direct deposit²
• Cash advance funded directly into your online bank account
• One-time flat fee per cash advance
• Automatic payments available for money advances⁹

PERSONAL LINE OF CREDIT
• Unsecured personal line of credit from $600 to $2,000. Avg $825.(Quals apply)⁸
• No interest, late fees, or penalties
• Credit line with a simple flat fee
• Affordable monthly payments
• Personal loan funded instantly, once qualified
• Money added to your online bank account
• Payment periods between 3 and 12 months

EASY CREDIT BUILDER
• Free secured credit card for credit building⁵
• No credit check, interest, annual fees, or min security deposit
• Build credit by only spending what you have¹⁰
• Automatic payments available via Safe Pay¹¹
• Reported to Equifax, Experian, and TransUnion
• Pre-existing credit scores saw a 40+ point increase on avg after 3 months of on-time payments⁶
• 90% of users with no credit score had a score after one month⁶

HIGH YIELD SAVINGS
• Up to 5.00% annual percentage yield on first $5,000, quals apply⁹
• 2.50% APY on additional balances
• Auto-saving tools

DOWNLOAD NOW!
• Sign up for an online bank account in less than two minutes with no impact on your credit

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Disclosures

©2026 Varo Bank, N.A. All Rights Reserved. Member FDIC

1-9 See disclosures in final app screenshot above

10 Your spending limit can’t exceed your available to spend balance in your Varo Believe Secured Account, up to $2,500 per day for purchases or $1,000 a day for cash advances, totaling no more than $10,000 total per billing cycle

11 By enrolling in Safe Pay, you authorize Varo Bank to auto pay your Varo Believe Card balance in full at the end of your billing cycle from funds in your Varo Believe Secured Account, before your actual due date. If the amount owed is more than your Secured Account balance your payment will not be made. You will have twenty-one (21) days to deposit additional funds to make your payment on time.

ᐞ A full list of Varo fees can be found at https://www.varomoney.com/varo-fees

ᙾ See “Free Cash Deposits at CVS®” screenshot above

ᵟ Cashback is available on qualifying items or services purchased with your Varo Debit Card or Varo Believe Card at participating merchants. Select offers require activation in the Varo app prior to purchase. Offer details, including reward rates, merchant participation, and offer expiration may vary; see the Cashback tab in the mobile app for specific terms and current deals. The maximum cashback earned is $750 USD per calendar month. Access to mobile deposit and deposit limits are set base on how long your Bank Account has been open and your prior account activity.

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