Varo Bank: Mobile Banking
How do Varo’s automatic savings tools work?
Varo offers a round-up feature that saves the spare change from each purchase, and a 'Save Your Pay' option that automatically transfers a percentage of each deposit into savings. In testing, setting a 10% transfer worked seamlessly without needing manual action.
Can I deposit checks and find fee-free ATMs with Varo?
Yes, you can deposit checks by taking photos through the app, which worked perfectly with a rebate check during testing. The app also includes a map to locate fee-free ATMs, which was handy for getting cash near a downtown Target.
Why am I getting so many notifications from Varo, and how can I fix it?
Varo sends alerts for every transaction plus promotional nudges about features you already use, which can feel overwhelming. You can turn most of these off in the app’s notification settings to reduce the clutter.
My paycheck wasn’t deposited early—what should I do?
Early paycheck availability depends on your employer’s payroll setup and when they submit the deposit. If it doesn’t arrive a day early, check that direct deposit is fully active and contact Varo support to confirm your account is eligible.
How does Varo compare to a traditional bank like Chase?
Unlike Chase, Varo has no monthly fees and offers automatic savings tools like round-ups right in the app. However, Chase provides physical branches and a wider range of services, while Varo’s strength is its simple, mobile-first experience with early paycheck access.
