App Information
| Category | Finance |
| Developer | Varo Bank, N.A. |
| Version | 4.30.0 |
| Content Rating | Everyone |
| Price | Free |
| Min Android | 10 |
| Updated | Apr 21, 2026 |
Description
Member FDIC—mobile banking backed by the full faith & credit of the U.S. Government.
FREE ONLINE BANKING
• Early payday³
• No minimums or hidden feesᐞ
• Free debit card
• Free cash deposits at CVS®ᙾ and withdrawals at 40k+ Allpoint® ATMs⁴
• 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 today by linking a qualifying account²
• Work up to $500 cash advances over time with direct deposit²
• Cash advance funded directly into your online bank account
• 30 days to repay (better than a payday advance)
• One-time flat fee per cash advance
• Automatic payments available for money advances⁸
PERSONAL LINE OF CREDIT
• Unsecured personal line of credit from $600 to $2,000 (quals apply)⁵
• 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 & 12 months
EASY CREDIT BUILDER
• Free secured credit card for credit building⁶
• No credit check, interest, annual fees, or min security deposit
• Build credit by only spending what you have⁹
• Automatic payments available via Safe Pay¹⁰
• Reported to Equifax, Experian, & TransUnion
• Pre-existing credit scores saw a 40+ point increase on avg after 3 months of on-time payments¹¹
• 90% of users with no credit score had a score after one month¹²
• Quals: Must have an active Varo Bank Account in good standing & incoming deposits of $200 or more in the past 31 days.
HIGH YIELD SAVINGS
• Up to 5.00% annual percentage yield on first $5,000, quals apply⁷
• 2.50% APY on additional balances
• Auto-saving tools
SEND MONEY
• Use recipient’s phone number or email address, even if they aren’t a Varo customer
• Fast, secure, & free!
DOWNLOAD NOW!
• Sign up for an online bank account in less than two minutes with no impact on your credit
—
Disclosures
©2025 Varo Bank, N.A. All Rights Reserved. Member FDIC
1-7 See disclosures in final app screenshot above
⁸ Set up an automatic payment to your Varo Advance Account on any date you choose between 15 and 30 days from the day you get your Advance
⁹ 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
¹⁰ 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.
¹¹ As of November 18, 2024, customers who had an existing VantageScore® 3.0 credit score showed an average increase of approximately 40 points after three months using Varo Believe and on time payments. Individual results may vary, and some customers may not see a score increase
¹² As of November 14, 2024. Data based on comparison between VantageScore® 3.0 score from the initial pull after Believe card activation and the VantageScore® 3.0 score pulled after one month of reporting Believe Card activity. Individual results may vary
ᐞ A full list of Varo fees can be found at www.varomoney.com/varo-fees
ᙾ See “Free Cash Deposits at CVS®” screenshot above
ᵟ Additional information: www.varomoney.com/disclosures/
User Reviews
I've had this before I'll pass on it
thee worst customer service I ever contacted, you can't even speak to a live agent on the phone. only through the chat messages on the app and all they tell you to do is click categories through the computer, their not willing to help at all. I just deleted my account.
this is the most useless bank. I dont understand the limits and why they are there for because it says you exceed limits when your not even close to exceeding even a daily limit. and also never lets you cash deposit naybe once ir twice small amounts then blocks you then chat support or phone support doesnt comprehend what your saying. I said exactly what happened just to be asked what I just said over and over this card cannot reloaded is the message the store receives when they swipe it.
fraudulent don't do it they took my money 2 years ago
Been using this bank for years and now the app is broken. Crashes every time it's opened like a lot of other people have mentioned.
IT WILL NOT LET ME MAKE AN ACCOUNT MY HOUSING NUMBER IS NOT INCORRECT AND I'VE TRIED FIXING IT DO NOT GET THIS APP AT ALL
got denied and it didnt tell me why or anything, everyone else is having success yet why am I having issues, my bank is positive so if it's really easy-to-use why is it not working
you have to have at least 100 in the bank every day of the month to get an advance
don't have an account with and download by itself
I would give it zero stars if I could then I wouldn't be able to tell you all how horrible they are....... you cannot get any customer service if you lose your or misplace your card because you have to answer the last four numbers of your card in order to get any help and in order to talk to anyone so if you don't remember those four numbers you don't get help they still have $36 of mine and I haven't been able to get a hold of anyone I'm sorry $36 might not seem a lot but it is when you have no
You Might Like
Current - Mobile Banking
SoFi: Bank, Investing & Crypto
Ollo Credit Card Mobile App
Progressive
Credit One Bank Mobile
Atlas - Rewards Credit Card
EarnIn: Why Wait for Payday?
Chase Mobile
Cash App
Fidelity Investments