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Varo Bank Reviews 4,376

TrustScore 4 out of 5

4.1

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Review summary

Based on reviews, created with AI

Reviewers had a great experience with this company. Customers appreciate the user-friendly platform and ease of use of the app, highlighting its reliability and trustworthiness. People mention the convenience of features like cash deposits at CVS, free bank transfers, and cash advances. The app's ability to facilitate early paycheck deposits is also a significant advantage for consumers. Consumers value the options Varo provides, such as credit-building tools. Many reviewers express satisfaction with the customer service, describing representatives as quick, courteous, and helpful. However, some reviewers express mixed feelings about payments and customer service, indicating a lack of consensus on these topics.

Based on these reviews

Rated 4 out of 5 stars
Invited

The only thing I am disappointed about is that I can't transfer money from my Varo account to my Chase account. I can transfer from Chase to Varo but not vice versa. That's very inconvenient for me.... See more

Company replied

Rated 4 out of 5 stars
Invited

Overall I am really enjoying using Varo. I am not a fan of how the advance works given that it adjust based on deposits into the account.

Company replied

Rated 4 out of 5 stars

Overall Varo is a great app. Its help me understand financial literacy. And built my credit score back up. The one thing is not being able to add my account on my Experian account. That’s the one thin... See more

Company replied

Rated 4 out of 5 stars
Invited

I like the fact that there are no monthly fees. Direct deposit is precise as advertised. I dislike the fact that there is no other way to deposit money besides the locations listed. Also, to transfer... See more

Company replied

Rated 5 out of 5 stars
Invited

it is easy to use. it is helpful for someone with bad credit and no traditional bank accounts. I was able to get direct deposit and even borrow shortly after establishing my account. I also got the be... See more

Rated 5 out of 5 stars
Invited

I like how easy it was to rebuild my credit. And I love how the bank allows you to borrow up to a certain amount as long as you have consistant qualifying direct deposits. :) i enjoy this app an trus... See more

Rated 5 out of 5 stars
Invited

I have used Varo for at least three years if not longer. I absolutely love doing my online banking with them. Varo is my number one go to. They have outstanding perks and loans with qualifying direct... See more

Company replied

Rated 5 out of 5 stars
Invited

I would say this has been one of the best decisions I've ever made going with Varo. The pure ease of your card's are great plus the atm is pretty good, being able to get cash advances and build my cre... See more

Rated 5 out of 5 stars
Invited

I enjoy using Varo because they offer so many other options that other online banks do not. They offer a way to help build credit, with the 'Believe' card. They let you choose your own credit limit. I... See more

Company replied

Rated 5 out of 5 stars
Invited

I have been a customer of Varo online Bank for 5 or 6 yrs and have had zero problem , I love banking with them , because they are easy to get in touch and answer questions if they should arrive,... See more

Rated 5 out of 5 stars
Invited

I love banking with VARO they help you with your credit score and give you advances and they just try and help you if they can do and ice been with VARO for at least 4 or 5 years so THANK YOU VARO 🥰�... See more

Rated 5 out of 5 stars
Invited

This has been an incredible banking app. The advance and line of credit features have saved my bacon in hard times. And it has been incredibly reliable for direct deposits. All transactions have been... See more

Company replied

Rated 5 out of 5 stars
Invited

Varo bank has a user friendly platform that’s easy to use, no random fees or high pressure sales noise I’ve had at brick and mortar banks. I have really enjoyed Varo as my introduction to online bank... See more

Company replied

Rated 5 out of 5 stars
Invited

They dont charge fees for anything, unless you ask for a cash advance! They give u plenty of time to pay back the cash advance and fee and money takes just a minute for it to be put in your account. N... See more

Company replied

Rated 5 out of 5 stars
Invited

I love my varo cards I get my check early and I also have a believe card that really helps build my credit score I have went from poor to fair and building up higher soon.

Rated 5 out of 5 stars
Invited

They are just your average online bank that can help you get the foot in the door with bad credit and building loan history

Rated 5 out of 5 stars
Invited

I like Varo a lot. I can deposit cash fee free at CVS. I can transfer money easily via ACH routing and account numbers. I like cash advances Varo offers. The bank to bank transfers are free. O... See more

Company replied

Rated 5 out of 5 stars
Invited

This Bank is amazing 😍. The fact that you offer a credit card to your customers, that helps get their credit score up. As well as the fact that you allow payday loans for a fraction of the price of a... See more

Company replied

Rated 5 out of 5 stars
Invited

The app is very user friendly. They are very prompt giving notifications in regards to monies deposited or withdrawn from my account.

Rated 5 out of 5 stars
Invited

I absolutely LOVE Varo! I have a checking, savings, and the Believe card! Never once have I ever had an issue with my account or accessing my money! I love it here!

Rated 5 out of 5 stars
Invited

I’ve been with this digital bank for at least five years. I’ve since become approved for both cash advance and a line of credit. Only had one issue with them concerning check cashing but all in all, t... See more

Company replied

Rated 3 out of 5 stars
Invited

Ai sucks I feel like yall need to do a lil better with the advances I make 2,700 to 3,000 monthly and my advance limit is $100 bucks that unacceptable especially if I need the extra help or whatever.

Company replied

Rated 5 out of 5 stars

I’ve been with Varo for several years now, and I absolutely love this bank! Outstanding customer service. They help you right away if you need something. I highly recommend this bank!

Company replied

Rated 3 out of 5 stars
Invited

app needs more!deposit limit too low, i reciece college dispercement checks that are larger around $2,400 that I cant deposit! I have to take them elsewhere!

Company replied

Rated 3 out of 5 stars
Invited

My advance pay went from 250.00, to 75.00, just because I had to much activity of getting more direct deposit.

Company replied

Rated 5 out of 5 stars
Invited

I'm happy with the service and the I get from the company. I wanted a good online banking that did the basics, and the site recommended one that ticked all the boxes. Speaking with the service team he... See more

Company replied

Rated 5 out of 5 stars
Invited

I love the fact its on my phone so whenever and wherever I need it I can access it as long as I have service. They also give you a varo believe card and you use it to build your credit I think that's... See more

Rated 4 out of 5 stars
Invited

Does bank is outstanding I don't have a problem with them and every time I have an issue with a dispute one not they're on top of it they do what they say they're going to do and they stay behind thei... See more

Company replied

Rated 5 out of 5 stars
Invited

I always get my payroll early . Whenever I have a question I can always chat and they answer back right away. Also I like the advance option

Rated 4 out of 5 stars
Invited

Moving money through main account Everytime gets frustrating sometimes other than that is a good bank.

Company replied

Rated 5 out of 5 stars
Invited

This company is amazing !!!! Never any hassle with getting my money;actually always early, minimal fees, great customer support!!!

Rated 5 out of 5 stars
Invited

I'm giving 5 stars because I always get my money early every month. I'm on SSI and sometimes it'll come as early as 4 days and that's a big help when the moneys needed for sure.

Company replied

Rated 5 out of 5 stars
Invited

I like the convenience of the card. I like the fact that you can go into a cvs and load money on the card and you have access to it within minutes.

Rated 5 out of 5 stars
Invited

I never had a problem with Varo. They help with situations, when I have to call, the customer service is Excellent. I can track all of my spending. I love everything about Varo, the only Bank you need... See more

Rated 5 out of 5 stars
Invited

Everything things good I get my money early and get to borrow and yall have been good to me just with I could borrow more money right now

Company replied

Rated 5 out of 5 stars
Invited

Honestly I couldn’t ask for more. The professionalism and the prompt response to everything is perfect. Thank you for everything.

Rated 5 out of 5 stars
Invited

That you get your pay check earlier and that varo offer you the opportunity to lend you money

Rated 5 out of 5 stars
Invited

It's easy banking with varo they assist with all your needs and give great answers to your problems

Company replied

Rated 3 out of 5 stars
Invited

Advance limit rarely increases even with over $4k in deposits a month

Company replied

Rated 5 out of 5 stars
Invited

It's dependable can trust them I appreciate able to get the advance I would highly recommend them

Rated 5 out of 5 stars
Invited

Varo is A pretty sight to see. I love the way the app is set up and plus Vara has had my back since I signed up 2 months ago with their advanced payments. I love it

Rated 5 out of 5 stars
Invited

They help observing of situations always making the best for customer to be happy and satisfied.

Rated 5 out of 5 stars
Invited

The perfect bank. Have been using them for several years. Right with direct deposit. Great with helping me out with a little extra funds when I need it. All around 10 times better than Cash App.

Rated 5 out of 5 stars
Invited

To be honest I was never one to really dealt with banks too much, but I kept seeing things about Varo so I tried it out. I have no complaints whatsoever with their service and I plan to be here as lon... See more

Rated 5 out of 5 stars
Invited

I love this bank.\n It's easy. The apathy is easy to work. Your money's always there nobody's trying to scan you get your money, they're on it if they do, I've never had no problems with them since I'... See more

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Company details

  1. #23 of 30 best companies in Bank
  2. #91 of 110 best companies in Financial Institution

About Varo Bank

Written by the company

Varo Logo

Take control of your money.

Join a bank that sets you up for a better financial future. From getting your paycheck 2 days early to no-fee banking to cash advances when you need them, peace of money starts here.

FDIC Logo

FDIC insured – backed by the full faith
and credit of the U.S. government.

Trustpilot Varo Banner
Varo Product Page

Free Banking

No monthly fees, 40,000 fee-free ATMs, and cash deposits for $0 at over 7,000 CVS nationwide.1  

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* Loans and optional services have fees

Varo Product Page

Early Direct Deposit

Get paid up to 2 days early when you set up your direct deposit with Varo.2  

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Varo Product Page

Varo Advance

One of the highest cash advance amounts around. Once qualified, borrow up to $250 instantly and $500 over time.3  

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Varo Product Page

High APY Savings

Save more with our super high Annual Percentage Yield. Earn 5.00% on your first $5,000.4  

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Varo Believe Credit Builder

No interest, no fees, no credit history required. Just an easy way to build your credit.5  

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Varo Product Page

Varo Line of Credit

The best way to access cash when you need it. Borrow between $600-$2,000. Eligibility required.6  

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Varo Product Page

Varo to Anyone

Send money to anyone, no matter where they bank. It’s fast, free, and secure.

Learn More
CNBC Logo

1 Fees apply to out-of-network withdrawals & cash deposits, Varo Advance, and Varo Line of Credit. A full list of Varo fees can be found here.

2 We give you access to your direct deposits from employer and government payers on the day we receive them, which is typically up to 2 days earlier than your scheduled pay date.

3 Based on April 2024 internal Varo research among single standalone loans with repayments of 30 days or less, no subscription fees or early wage payment requirements. Varo Advance(VA) is a small dollar line of credit. Initial limits range from $20-$250, work your way up to $500 over time. Fees range from $1.60 - $40 based on loan amount. Current limit can be viewed in the Varo App. Only one outstanding advance at a time, must be repaid in full prior to requesting a new advance. Varo Bank Account, with minimum Qualifying Direct Deposit (QDD) of $800 in current or previous calendar month required. Limits and eligibility evaluated daily and may change at any time. Qualifying direct deposits are electronic deposits of your paycheck, pension or government benefits (such as Social Security or unemployment) from your employer or government agency to the extent that can be identified. Tax refunds and government stimulus payments, Person-to-Person payments (such as Venmo or Varo to Anyone), and funds deposited using a Varo routing number are not considered a direct deposit. Add'l qualifications apply.

4 Annual Percentage Yield (APY) is accurate as of December 11, 2024. Start earning 2.50% APY, then qualify to earn 5.00% APY on your balance up to $5,000.00 next month by 1) Receiving direct deposit(s) totaling $1,000 or more; and 2) End the month with a positive balance in all your Varo Accounts. Qualifying direct deposits are electronic deposits of your paycheck, pension or government benefits (such as Social Security or unemployment) from your employer or government agency to the extent that can be identified. Tax refunds and government stimulus payments, Person-to-Person payments (such asVenmo or Varo to Anyone), and funds deposited using a Varo routing number are not considered a direct deposit.

5 Varo Believe is a secured credit card designed to help you build credit; however, a variety of factors impact your credit and not all factors are equally weighted. You must add money before using, money added sets the spending limit. Funds spent are held in your Varo Believe Secured Account to pay off any balance in full monthly, when due. Quals apply.

6 The Varo Line of Credit (VLOC) is a short term loan with credit limits ranging from $600 - $2000. A flat fee of $60 to $400 is assessed with each advance based on the amount. Once qualified your credit limit may fluctuate based on a variety of factors. You may only take one VLOC advance out at a time. Eligibility and/or credit limit information is available in the Varo App. Quals apply.


Contact info

4.1

Great

TrustScore 4 out of 5

4K reviews

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Replied to 99% of negative reviews

Typically replies within 48 hours


Rated 2 out of 5 stars
Invited

I used a varo advance I pay back all my…

I used a varo advance I pay back all my advances on time. Once paid back, I received $100 less, which really put me in a financial bind. And it was the number #1 reason why I left that other Bank. If people borrow money and pay it back early/on time. There is no reason why we can't the same amount back. I understand not offering more, but at least what we paid back. Times are tough and things like this isn't fair especially when y'all charge $24 for the $300.

December 4, 2025
Rated 1 out of 5 stars
Invited

Very poor service

Very poor service. Also miss leading. I’d joined due to seeing an $800 advancement once provided qualifying direct deposits. I still can’t believe having over 4 thousand in direct deposits I still couldn’t get the $800 advancement once advertising. Since then I had a $100 advancement before paying it back I was texted or emailed about a $200 advancement so I paid the $108 with fee only to be offered $150 but not the $200. Very miss leading if not completely unsatisfactory. I’m closing my account soon!

December 6, 2025
Rated 5 out of 5 stars
Invited

I love Varo

I love Varo . Been using it for months now , I receive direct deposits on here , also lets me borrow money I love it

January 1, 2025
Rated 5 out of 5 stars
Invited

I honestly have no issues with VARO

I honestly have no issues with VARO. I love that they dont charge ATM fees at certain locations, and I love that they have no minimum balance required. Super easy and legit banking app!

December 8, 2025
Rated 2 out of 5 stars
Invited

Quest rewards option

Out of all the online banking apps, Varo has had the least amount of rewards out of all of them. My borrow amount increased & so i changed my direct deposit to go into Varo to increase my rewards... after I changed my direct deposit, my borrow amount keeps going down & I've never had a late payment or anything like that. I'm giving them one more paycheck & if it doesn't increase, I'm changing my direct deposit. There's also no overdraft protection. The kicker is, there are very few companies that recognize or accept Varo as a banking Institution.
.

December 7, 2025
Rated 5 out of 5 stars
Invited

“I’ve been banking with Varo Bank for…


“I’ve been banking with Varo Bank for almost 3 years and I’ve consistently received excellent service. The customer support team is knowledgeable and always willing to help. I especially like the convenience of their mobile and online banking tools—they’re fast, secure, and easy to navigate. Whether I’m depositing checks, transferring funds, or asking questions, everything is handled quickly and professionally. Highly recommend this bank for anyone looking for dependable financial services.”

December 5, 2025
Rated 5 out of 5 stars
Invited

Great to bank with

Great to bank with. Thanks for spotting me money before payday.. although I wish I could get in on the up to $2000 line of credit. Other then that im satisfied.

December 7, 2025
Rated 4 out of 5 stars
Invited

Deposits

Everything is good

December 7, 2025
Varo Bank logo

Reply from Varo Bank

Thank you so much for sharing your experience! At Varo, we’re committed to making banking simple, accessible, and empowering for everyone. It’s great to hear that we’re making a positive impact. We’re here to help every step of the way!

Rated 2 out of 5 stars
Invited

I have a repeat company that keeps…

I have a repeat company that keeps charging my account. I've called to inform you that I didn't authorize the charges but they are still coming thru. Also, your consistently advertising my loan availability it how I could borrow up to$2000. However, the advances aren't consistent and I'm told "unfortunately I don't qualify for a loan or any amount." Then stop advertising it on my banking page.

November 28, 2025
Varo Bank logo

Reply from Varo Bank

Thank you for your feedback. Varo does have a dispute process available for unauthorized/fraudulent transactions and for errors with valid transactions. This issue is a bit beyond what we can handle here, but we do understand your frustration. Please call us at 877-377-8276 and follow the prompts to reach an agent — you can visit varomoney.com/contact for our phone support hours. We also understand Varo Line of Credit eligibility may take time. If it helps, we look at your Varo account activity (direct deposits, account balances, and on-time payments) as well as your credit score. You can always check your eligibility for an offer in the Varo app with no impact on your credit score!

Rated 5 out of 5 stars
Invited

The perfect bank

The perfect bank. Have been using them for several years. Right with direct deposit. Great with helping me out with a little extra funds when I need it. All around 10 times better than Cash App.

December 6, 2025

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