CreditDonkey is a bank comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Varo Bank

Compare Promotions

    Highlights

    Savings
    0.81% APY on all balances. Opportunity to earn 2.80% APY if your daily savings balance does not exceed $10,000 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
    No monthly service fee; no minimum balance
    Customer Service
    Mon-Fri 8am - 9pm (ET) and Sat-Sun 11am to 7pm (ET)
    ATMs
    Over 55,000 fee-free AllPoint ATMs
    Locations
    Online only

Pricing information from published website as of 11/27/2020

 Ally Bank
 Learn MoreLearn More
 

Varo Bank

Ally Bank

 

Benefits and Features

Savings0.81% APY on all balances. Opportunity to earn 2.80% APY if your daily savings balance does not exceed $10,000 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.
0.60% APY
CD 0.20% to 1.00% APY. Terms of 3 months to 5 years. 12-month CD APY of 0.65%
CheckingNo monthly service fee; no minimum balance0.10% APY under $15,000; 0.25% APY $15,000 or more
Money Market 
0.50% APY
Customer ServiceMon-Fri 8am - 9pm (ET) and Sat-Sun 11am to 7pm (ET)
24/7
ATMsOver 55,000 fee-free AllPoint ATMsOver 43,000 no-fee Allpoint ATMs
Locations
Online only
Online Only

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Varo Bank: Pricing information from published website as of 11/27/2020

Ally Bank: Pricing information from published website as of 11/27/2020.


Varo Bank Alternatives


Recent Mentions

Add Your Comment
Name
Email (won't be published)

About CreditDonkey®
CreditDonkey is a bank comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

About Us | Reviews | Deals | Tips | Privacy | Terms | Contact Us
© 2020 CreditDonkey