Fri, May 30, 2025
Thu, May 29, 2025
[ Thu, May 29th 2025 ]: Forbes
15 Tips For Women Traveling Solo
Wed, May 28, 2025

Varo Bank Review 2025: Free checking and high-yield savings

Varo Bank, a digital-only bank, offers a range of financial services including checking and savings accounts, a credit card, and early direct deposit, all accessible through a user-friendly mobile app. The bank stands out for its no-fee model, with no monthly fees, overdraft fees, or minimum balance requirements, and it provides a competitive 3% annual percentage yield on savings up to $5,000. Varo also offers a secured credit card to help customers build credit, and it is backed by the FDIC, ensuring the safety of deposits up to $250,000. While the bank's services are praised for their convenience and cost-effectiveness, some users have reported occasional app glitches and limited customer support options. Overall, Varo Bank is recommended for those seeking a straightforward, fee-free banking experience with robust digital tools.

Read the Full Fortune Article at:
[ https://fortune.com/article/varo-bank-review/ ]