Current vs Varo Bank
Current is a simple, digital-only banking app with impressive bonus and cashback. How does it compare to Varo Bank? Read our comparison chart below.
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| Visit Site | Learn More | |
Current | Varo Bank | |
|---|---|---|
Build Credit While You Bank - | Online Savings Account - | |
Benefits and Features | ||
| Savings | Up to 4.00% bonus on your Savings Pod, on up to a total of $6,000 | 3.00% APY on all balances. Opportunity to earn 5.00% APY if your daily savings balance does not exceed $5,000 AND you make at least 5 Varo debit card purchases per month AND receive at least $1,000 in direct deposits in either the Varo Bank Account or Savings Account. |
| Checking | Earn up to 15x points on purchases at participating merchants | No monthly service fee; no minimum balance; no overdraft fees |
| Monthly Fee | ||
| Kids Debit Card |  | |
| Minimum Deposit to Open | ||
| Mobile App | ||
| ATMs | Free access to 40,000+ Allpoint ATMs | Over 55,000 fee-free AllPoint ATMs |
| Customer Service | Mon-Fri 8am - 9pm (ET) and Sat-Sun 11am to 7pm (ET) | |
| Locations | ||
CreditDonkey® Reviews | ||
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| Savings |   | |
| Minimum Deposit | | |
| Checking | | |
| Price | | |
| Mobile App | | |
| Customer Service | | |
| Ease of Use | | |
| Education | | |
| Pros & Cons | Pros:
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| Bottom Line | Simple, digital-only banking app with impressive bonus and cashback... | |
| Visit Site | Learn More | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Current: Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Member FDIC, and Cross River Bank, Member FDIC. Varo Bank: Pricing information from published website as of 11/08/2023. | ||
Build Credit While You Bank
- Get Paid Up to 2 Days Faster
- Build credit and earn points with every swipe
- 40,000 fee-free Allpoint ATMs in the U.S.
- No credit check, minimum balance or hidden fees
Current Savings - Up to 4.00% bonus
- 4.00% bonus on up to $6,000 balance if you receive and maintain a qualifying direct deposit of $200 or more in a rolling 35 day period. (Otherwise, 0.25%)
- Simply add money to your Savings Pods and enable the Boost feature.
- Earn bonus on up to 3 Savings Pods, up to $2,000 balance each.
- Bonuses accumulate daily.
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Current or Chase.
Articles on Current
Current Banking Review
Is Current a good fit for you? Discover its benefits and drawbacks, and see how it sizes up against apps like Chime in this review.
Which Do You Think is Best?
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