About Varo Bank High-Yield Savings
The Varo High-Yield Savings Account from Varo Bank is one of the top-rated High-Yield Savings options evaluated on MoneyCompared, earning an overall product score of 9.1/10. 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 2.50% - 5.00% APY, a fee structure of $0 Monthly Fee, and Up to 5.00% APY on first $5,000 with direct deposit.