# Varo Bank: Online Banking — Early Payday & Cash Advances > Digital bank offering early payday, cash advances, savings, and credit building. (iPhone/iPad app by Varo Money inc.) - Source: https://appshunter.io/ios/app/varo-bank-online-banking/id1517676784 (this page in markdown: same URL + `.md`) - Developer: [Varo Money inc](https://appshunter.io/developer/1108582738) - Category: Finance, Shopping - Price: Free - Rating: 4.90/5 from 233,473 App Store ratings · 680 written reviews indexed - Age rating: 4+ - Requires: iOS 15.1 · 116 MB - Languages: American English - Released: 2020-10-01 - Data updated: 2026-08-26 - Monetization: free - User reviews in markdown: https://appshunter.io/ios/app/varo-bank-online-banking/id1517676784/reviews.md ## What is Varo Bank? We are a real bank, built for the digital age. Member FDIC, backed by the full faith and credit of the U.S. Government ONLINE BANKING • Early payday⁵ • No monthly, minimum balance, or overdraft fees¹ • Send and receive money in minutes with Zelle®⁴ • 40k+ fee-free US Allpoint® ATMs² • Up to 3.75% APY on first $5,000, quals apply¹⁰ • 1.00% APY on additional balances • Auto-saving tools • Unlike many money apps, we’re a real bank INSTANT CASH ADVANCES • Borrow up to $250 today. Quals apply³ • Work up to $700 cash advances over time with direct deposit³ • Flat fee per cash advance LINE OF CREDIT • From $600 to $2,000. Avg $825. Quals apply⁹ • No interest, late fees, or penalties • Simple flat fees • Payment periods between 3 and 12 months FREE SECURED CREDIT CARD⁶ • No credit check, interest, annual fees, or minimum security deposit • Reported to Equifax, Experian, & TransUnion DOWNLOAD NOW! • Sign up for a Varo Bank Account in less than two minutes with no impact on your credit. ©2026 Varo Bank, N.A. All Rights Reserved. Member FDIC. ¹⁻¹⁰ See disclosures in app screenshots. ## Key features - Early payday access - No monthly or overdraft fees - Cash advances up to $500 - High APY on savings - Auto-saving tools - Free secured credit card - Send money easily ## Chart rankings - #44 in Top Free · Finance (US App Store) ## What do users think of Varo Bank? Overall sentiment: negative **Pros** - 💳 Great credit building card - 🚀 Fast and efficient banking - 🔒 Secure credit and debit cards - 💰 Competitive interest rates - 💳 Helpful advance and borrowing features **Cons** - 🕰️ Slow mobile check deposits - 🤖 Ineffective customer service - 🔒 Difficulty accessing accounts during maintenance - 💰 Restrictive transfer and deposit limits - 🐛 Technical issues with app and transactions **Commonly reported bugs** - Accounts being closed without explanation - Funds disappearing or being inaccessible - Inconsistent app behavior and functionality - Issues with direct deposits and external transfers **Most requested features** - Improve mobile check deposit processing times - Provide better customer service and communication - Increase transfer and deposit limits - Enhance app features and user experience - Offer more banking services and integrations ## Recent user reviews (10 of 680) All indexed reviews: https://appshunter.io/ios/app/varo-bank-online-banking/id1517676784/reviews.md ### 1/5 — Waste of time. *2026-08-23, version 4.39.0* They tell me I’m approved for an advance but then say my bank doesn’t qualify. All deception to get you to switch your direct deposit to them. Uninstalled. ### 4/5 — Dark mode *2026-08-21, version 4.39.0* Needs dark mode and 2fa and it’ll be damn near perfect ### 1/5 — Ridiculous *2026-08-21, version 4.39.0* My sister is trying to send me money through Zelle to pay my water bill, but the Varo people won’t allow it for 60 days??! That’s crazy. I’ve never had a bank that restricted an advertised feature. So for now, 1 star. ### 1/5 — Zelle *2026-08-20, version 4.38.0* The application has closed my zelle account, it has only allowed me to receive 1 transfer for an amount less than $10 it really sucks I don’t recommend it ### 1/5 — Scam *2026-08-18, version 4.38.0* Careful they scam you . I have Dave and Albert they work great but Varo is a scam ### 1/5 — Mobile Deposit *2026-08-17, version 4.38.0* Mobile deposit will take a full week! longer than any other bank will not be reusing! ### 1/5 — Horrible bank *2026-08-14, version 4.38.0* Worst bank ever can’t talk to nobody when I have a problem and hold money unnecessarily. I wish I could give them zero stars. Horrible customer service as well. ### 1/5 — Run *2026-08-12, version 4.38.0* The dispute process is flawed they don’t do any real investigation or provide significant evidence that the charge is valid , they all side with the merchant 9/10 times and will close your account for asking for appeals it’s a joke bank mom and pop style treatment! ### 1/5 — LIES *2026-08-10, version 4.37.1* I only downloaded this app and switched my deposit because it seemed convenient and much faster. I was wrong. I’m waiting on a check I deposited August 4th. I have tried everything from contacting support to calling and that check will not be given to me until the 12th. I’ve never had a check with a hold for that long! Never! Had a family death and explained this to support I needed funds and still no help. Do not download this app once I get my money I will be closing this app and account ### 1/5 — Treated poorly by Varo for being a victim of abuse and theft! *2026-08-09, version 4.37.1* I am deeply saddened by how Varo treated me during an already difficult time. After fleeing from an abusive relationship, I was in the process of rerouting my mail but unfortunately before my address change went through, my new Varo debit card was sent to the address where I had been previously living at with my abuser. Not surprisingly he didn't hesitate to open my mail and spend my money that I had pre-loaded onto the card (which for insult to injury, I had only preloaded funds on the card, AT THE SUGGESTION OF VARO! They 'recommended' that I pre-load funds onto my card to be able to use it immediately upon arrival.!) I immediately contacted Varo support for help reporting the theft, when I got notification of the situation. Instead of helping me investigate or recover my funds, Varo completely closed my account and banned me from opening another, claiming "fraudulent practices." Instead of supporting a victim of mail theft and financial abuse, Varo treated me like the perpetrator. Losing my money and being locked out of my account when I was trying to rebuild my life was heartbreaking. ## Frequently asked questions about Varo Bank ### What is Varo Bank? Varo Bank is a real bank built for the digital age, offering a full suite of online banking services. It is Member FDIC and provides features like early payday, cash advances, and high-yield savings accounts. ### What are the key features of Varo Bank? Key features include early payday access, no monthly or overdraft fees, over 40,000 fee-free ATMs, high APY on savings, auto-saving tools, cash advances up to $500, a free secured credit card, and the ability to send money easily. ### How much does Varo Bank cost? Varo Bank is free to use, with no monthly fees, minimum balance requirements, or overdraft fees. Cash advances and lines of credit have flat fees, and the secured credit card is also free. ### Is Varo Bank available on different devices? While the description doesn't explicitly state compatibility, it is presented as a mobile application, implying availability on smartphones and tablets. Users can sign up in under two minutes. ### What are the benefits of using Varo Bank for cash advances and credit building? You can borrow up to $250 instantly by linking a qualifying account, with potential to increase to $500 with direct deposit. The free secured credit card has no credit check, interest, or annual fees, and its activity is reported to major credit bureaus, helping you build credit. ## Version history (last 5 releases) ### 4.39.0 — 2026-08-20 Big news: Zelle® has officially landed in the Varo app! Whether you’re paying a friend back for dinner, splitting rent, or chipping in for a group gift, you can now send and receive money in minutes,⁴ fee-free. ### 4.38.0 — 2026-08-11 Big news: Zelle® has officially landed in the Varo app! Whether you’re paying a friend back for dinner, splitting rent, or chipping in for a group gift, you can now send and receive money in minutes,⁴ fee-free. ### 4.37.1 — 2026-08-03 Big news: Zelle® has officially landed in the Varo app! Whether you’re paying a friend back for dinner, splitting rent, or chipping in for a group gift, you can now send and receive money in minutes,⁴ fee-free. ### 4.37.0 — 2026-07-29 Big news: Zelle® has officially landed in the Varo app! Whether you’re paying a friend back for dinner, splitting rent, or chipping in for a group gift, you can now send and receive money in minutes,⁴ fee-free. ### 4.36.0 — 2026-07-13 Big news: Zelle® has officially landed in the Varo app! Whether you’re paying a friend back for dinner, splitting rent, or chipping in for a group gift, you can now send and receive money in minutes,³ fee-free. ## Apps similar to Varo Bank | App | Rating | Price | Category | | --- | --- | --- | --- | | [Chime® – Mobile Banking](https://appshunter.io/ios/app/chime-mobile-banking/id836215269) | 4.8 (1,558,421) | Free | Finance | | [Current - Mobile Banking](https://appshunter.io/ios/app/current-mobile-banking/id1077366211) | 4.8 (195,858) | Free | Finance | | [PayPal - Pay, Send, Save](https://appshunter.io/ios/app/paypal-pay-send-save/id283646709) | 4.8 (6,298,334) | Free | Finance | | [Dave: Credit, Cash & Money App](https://appshunter.io/ios/app/dave-credit-cash-and-money-app/id1193801909) | 4.8 (881,655) | Free | Finance | | [Cash App](https://appshunter.io/ios/app/cash-app/id711923939) | 4.8 (8,634,711) | Free | Finance | | [OnePay – Mobile Banking](https://appshunter.io/ios/app/onepay-mobile-banking/id1494523953) | 4.9 (410,809) | Free | Finance | ## Related topics [banking card](https://appshunter.io/ios/topics/banking-card) · [fluid credit](https://appshunter.io/ios/topics/fluid-credit) · [varo](https://appshunter.io/ios/topics/varo) · [varo bank](https://appshunter.io/ios/topics/varo-bank) · [varo cash advance](https://appshunter.io/ios/topics/varo-cash-advance) · [varo money](https://appshunter.io/ios/topics/varo-money) · [prepaid debit card](https://appshunter.io/ios/topics/prepaid-debit-card) · [free bank account online](https://appshunter.io/ios/topics/free-bank-account-online) · [debit online](https://appshunter.io/ios/topics/debit-online) · [free online banking account](https://appshunter.io/ios/topics/free-online-banking-account) · [veros credit](https://appshunter.io/ios/topics/veros-credit) · [bank card online](https://appshunter.io/ios/topics/bank-card-online) · [varo pay](https://appshunter.io/ios/topics/varo-pay) · [online banking app](https://appshunter.io/ios/topics/online-banking-app) · [vario](https://appshunter.io/ios/topics/vario) · [varo cash](https://appshunter.io/ios/topics/varo-cash) · [varo credit card](https://appshunter.io/ios/topics/varo-credit-card) · [online banking apps](https://appshunter.io/ios/topics/online-banking-apps) · [varoadvance](https://appshunter.io/ios/topics/varoadvance) · [prepaid debit cards](https://appshunter.io/ios/topics/prepaid-debit-cards) --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-26.*