name: Varo Bank Plans and Pricing
description: Pricing and fee structure for Varo Bank consumer banking products, including bank accounts, savings, cash advances, and credit products.
url: https://www.varomoney.com/
plans:

  - name: Varo Bank Account
    description: No-fee digital checking account with early direct deposit and fee-free ATM access.
    url: https://www.varomoney.com/bank-account/
    price: 0.00
    currency: USD
    billing: monthly
    features:
      - No monthly maintenance fees
      - No minimum balance requirement
      - No overdraft fees
      - Early direct deposit up to 2 days early
      - Free debit card
      - 55,000+ fee-free Allpoint ATMs
      - Fee-free cash deposits at 7,500+ CVS locations
      - Cashback rewards on gas, groceries, and dining
    limits:
      - name: Out-of-network ATM fee
        value: "$3.50 per transaction"

  - name: Varo Savings Account
    description: High-yield savings account with up to 5.00% APY on balances up to $5,000.
    url: https://www.varomoney.com/savings-account/
    price: 0.00
    currency: USD
    billing: monthly
    features:
      - No monthly fees
      - No minimum balance requirement
      - Up to 5.00% APY on first $5,000
      - Base APY of 2.50% on balances over $5,000
      - Auto-savings tools
    limits:
      - name: High-yield APY cap
        value: "$5,000 balance limit for 5.00% APY"

  - name: Varo Advance (Cash Advance)
    description: Short-term cash advances with a flat fee, no interest charges.
    url: https://www.varomoney.com/cash-advance/
    price: variable
    currency: USD
    billing: per-use
    features:
      - No interest charges
      - Instant access to funds
      - Initial limits from $20 to $250
      - Expandable limit up to $500
    limits:
      - name: Advance fee range
        value: "$1.60 to $40 depending on advance amount"
      - name: Initial advance limit
        value: "$20–$250 (expandable to $500)"

  - name: Varo Personal Line of Credit
    description: Flexible personal line of credit up to $2,000 with a single flat fee and no interest.
    url: https://www.varomoney.com/line-of-credit/
    price: variable
    currency: USD
    billing: per-use
    features:
      - No interest charges
      - Single flat fee
      - Repayment terms up to 12 months
      - No late fees
      - No prepayment penalties
      - Credit limit up to $2,000

  - name: Varo Believe Credit-Builder Card
    description: Secured Visa credit card designed to help customers build or improve their credit score.
    url: https://www.varomoney.com/credit-builder/
    price: 0.00
    currency: USD
    billing: monthly
    features:
      - No annual fee
      - No interest charges (secured card)
      - Credit score tracking
      - Average 40+ point credit score increase after 3 months of on-time payments
      - Reports to major credit bureaus