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BANKING WITH NO HIDDEN FEES


NO HIDDEN FEES MEANS NO HIDDEN FEES.



Bank fees suck. So we got rid of all the annoying ones. Because your hard-earned
money is your money. And we want to help you keep it that way.

Get Varo



No hidden fees

No transfer fees

No overdrafts & no overdraft fees⁵

No WTF fees

No monthly fees

No card fees

No hidden fees

No transfer fees

No overdrafts & no overdraft fees⁵

No WTF fees

No monthly fees

No card fees

No hidden fees

No transfer fees

No overdrafts & no overdraft fees⁵

No WTF fees

No monthly fees

No card fees

No hidden fees

No transfer fees

No overdrafts & no overdraft fees⁵

No WTF fees

No monthly fees

No card fees



Our fee-losophy: keep your cash.

You earned it, so you keep it. Other banks and money apps charge all sorts of
crazy fees just to use your money. And that’s exactly why we created a bank
account with no unexpected fees attached. You can see a list of our fees here.

Join Varo



NO MONTHLY FEES


NO WTF FEES. MORE MONEY FOR YOU.



Get yourself a bank account with no hidden fees. You won’t be charged to deposit
checks, use your debit card, or withdraw cash at 40,000+ free ATMs.¹

Find ATMs



NO OVERDRAFT FEES


SEE YOU NEVER, OVERDRAFT FEES.



Our bank account has built-in guardrails that only let you spend what you have.
And if you do go over, no extra charge.²




NO ZELLE® FEES


SENDING CASH SHOULDN'T COST YOU.



Pay and get paid by all your people for free using Zelle® or Varo to Varo
transfers in the app.³



No monthly fees ●

No overdraft fees ●

No transfer fees ●

No minimum balance fees ●

NO ZELLE® FEES ●

No monthly fees ●

No overdraft fees ●

No transfer fees ●

No minimum balance fees ●

NO ZELLE® FEES ●

No monthly fees ●

No overdraft fees ●

No transfer fees ●

No minimum balance fees ●

NO ZELLE® FEES ●

No monthly fees ●

No overdraft fees ●

No transfer fees ●

No minimum balance fees ●

NO ZELLE® FEES ●

No monthly fees ●

No overdraft fees ●

No transfer fees ●

No minimum balance fees ●

NO ZELLE® FEES ●

No monthly fees ●

No overdraft fees ●

No transfer fees ●

No minimum balance fees ●

NO ZELLE® FEES ●



Monthly fees add up.⁴

$0

Varo

$288

Chase Total Checking

$288

Bank of America Advantage Plus Banking

$240

Wells Fargo Everyday Checking

1 years
2 years
3 years
4 years
5 years


Ditch bank fees for good.

Sign up for a Varo Bank Account in less than two minutes. It’s free, easy, and
there’s no credit check required.

Get Varo

FAQ
Does Varo offer a checking account?
Looking for online banking without all the crazy fees?
How much does a checking account typically cost?
Is this a fee-free, basic bank account?
What specific fees do I avoid when I open a Varo account?
 * 
 * 1
 * 2
 * 

Answer

--------------------------------------------------------------------------------

The Varo Bank Account is our equivalent of a checking account. Use it to manage
your daily cash flow, pay bills, spend with a debit card, get direct deposits,
deposit checks, as well as send and receive money. The account doesn’t have
paper checks, but you can make purchases with your debit card, transfer money
with Zelle® or pay bills with ACH (Automated Clearing House) transfers. Added
bonus: Fewer hand cramps from writing out all those checks.



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© 2024 Varo Bank, N.A.

All Rights Reserved

Member FDIC.

Terms & ConditionsPrivacy PolicyLegal Documents
Disclosures
¹ There is no fee to use any U.S.-based Allpoint® ATM.  Varo charges a $3.50 fee
for cash withdrawals at all non-Allpoint® (out of network) and all international
ATMs. Additional third-party fees may be assessed by the ATM owner. All ATM fees
will be charged to the Varo account used for each transaction.
² We will decline or return transactions when you do not have enough money in
your account to cover the charge. However, you could still end up with a
negative balance if, for example, a transaction is approved for one amount, but
then the actual charge is more than what you have in your account (like when you
add a tip at a restaurant after the transaction for the meal was already
approved). This could also include preauthorized ACH transfers that are
scheduled, recurring and/or pending but have not yet settled. If your account
balance remains negative, activity will be evaluated and your account could be
closed. Even if you have a negative balance, we will not charge you an overdraft
fee.
³ Message and data rates from your mobile service provider may apply.
⁴ Based on Varo internal research as of May 24, 2023. Bank of America Advantage
Checking has a monthly fee of $12. Chase Total Checking has a monthly fee of
$12. Wells Fargo Everyday Checking has a monthly fee of $10.  Fees for these
accounts are waived if certain conditions (e.g. direct deposits, minimum account
balances, youth and student status ) are met.
⁵ Transactions will be declined when you don’t have sufficient funds. You could
have a negative balance if a transaction is approved for one amount, but the
actual charge is more than what you have in your account, but we won’t charge
you an overdraft fee.
Zelle® and the Zelle® related marks are wholly owned by Early Warning Services,
LLC and are used herein under license.
The Varo Visa® Debit Card is issued by Varo Bank, N.A. pursuant to a license
from Visa U.S.A. Inc.