Varo Bank Account (Fee-Free Checking)

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About Varo Bank Checking Accounts

The Varo Bank Account (Fee-Free Checking) from Varo Bank is one of the top-rated Checking Accounts options evaluated on MoneyCompared, earning an overall product score of 8.9/10. Varo Bank is the first all-digital U.S. consumer fintech to receive an official national bank charter from the OCC, offering up to 5.00% APY on savings, fee-free checking, and the Varo Believe Credit Builder Card.
Key highlights include 0.00% APY, a fee structure of $0 Monthly Fee, and Paycheck up to 2 days early + 40,000+ Allpoint ATMs.

Features

Annual Fee $0 Monthly Fee
Regular APR / Rate 0.00% APY
Intro Offer / Welcome Bonus Paycheck up to 2 days early + 40,000+ Allpoint ATMs
Savings APY / AER Up to 6% cashback at partner merchants
Minimum Deposit $0 Minimum Deposit
Foreign Transaction Fee $0 (None)
Deposit Insurance FDIC / NCUA Insured ($250k+)
Mobile App Rating 4.8 / 5.0
Overall Rating 8.9 / 10

About Product

  • Annual / Monthly Fee: $0 Monthly Fee
  • APR / APY Rate: 0.00% APY
  • Intro Offer / Bonus: Paycheck up to 2 days early + 40,000+ Allpoint ATMs
  • Key Benefits: Up to 6% cashback at partner merchants
  • Minimum Requirement: $0 Minimum Deposit
  • Institution: Varo Bank (Salt Lake City, UT, USA)

Pros

  • Rate / APY / APR: 0.00% APY
  • Fee Structure: $0 Monthly Fee
  • Welcome Offer / Highlight: Paycheck up to 2 days early + 40,000+ Allpoint ATMs
  • Key Perks: Up to 6% cashback at partner merchants

Cons

  • Minimum Requirement: $0 Minimum Deposit
  • Subject to Varo Bank credit or account eligibility terms

Ready to check your rate for Varo Bank Account (Fee-Free Checking)?

Visit the official Varo Bank website to view current terms, eligibility, and apply online.

Visit Official Varo Bank Site ↗