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HomeVaro Bank Reviews
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Varo Bank Reviews

3.8833333333333333 out of 5 stars
3.8833333333333333 out of 5 stars
3.9
|Great|60 reviews

Last reviewed 6 months ago

TrustScore

3.9
3.8833333333333333 out of 5 stars
Great
5 out of 5 stars
39
4 out of 5 stars
3
3 out of 5 stars
2
2 out of 5 stars
4
1 out of 5 stars
12
60 reviews in total

Review summary

Varo Bank receives a mix of praise and criticism from its users. Many customers express their love for Varo, highlighting its ease of use, lack of hidden fees, and the convenience of features like early deposits and cash advances. Reviewers appreciate the straightforward banking experience and the helpfulness of the app. However, there are significant complaints regarding customer service, with several users frustrated by the inability to speak with a representative and issues like double charges and uncommunicated changes to cash advances. Some customers report feeling confused and unsupported when problems arise, particularly concerning their advances being lowered unexpectedly. Overall, while many enjoy the benefits of Varo, the customer service experience leaves much to be desired.

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Based on reviews, created with AI

See what reviewers are saying

Rochelle Wilson
Rochelle WilsonFeatured

6 months ago

1 out of 5 stars

Someone managed to steal $345 from a…

Someone managed to steal $345 from a false Uber acct that Varo created to steal from their customers.

Suzie
SuzieFeatured

6 months ago

4 out of 5 stars

Love Varo

Love Varo, just sometimes Varo keeps reducing my advance for no reason then raise it back up the next week! Just pls leave the advance alone

Todd H
Todd HFeatured

6 months ago

5 out of 5 stars

Varo is drama free and easy to use…

Varo is drama free and easy to use without any problems like most banks these days.

Gina Luciano
Gina LucianoFeatured

6 months ago

1 out of 5 stars

I was double charged at Walmart & when…

I was double charged at Walmart & when I called my bank they REFUSED to remove the extra charge. It was OBVIOUS it was a mistake. $314.65! TWICE charged at the same moment to my card on Sep 12!!! REFU... See more

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Marqueece Brightwell
Marqueece Brightwell
1 reviews•New Reviewer
7 months ago
5 out of 5 stars

I love Varo just wish I would get…

I love Varo just wish I would get notifications before something is taken out my account

Helpful?
Lasheakita-Nashville,TN
Lasheakita-Nashville,TN
1 reviews•New Reviewer
7 months ago
5 out of 5 stars

Positive Experience

So far, I’ve had nothing but great experiences with Varo. I hope it stays that way.

Helpful?
Luiz M.
Luiz M.
1 reviews•New Reviewer
7 months ago
5 out of 5 stars

Love the integration of credit…

Love the integration of credit building, credit limit and borrowing opportunities in the same bank

Helpful?
customer
customer
1 reviews•New Reviewer
7 months ago
5 out of 5 stars

Great online bank

I have had not any issues with this bank. Thank you so much for the cash advances. I like that I can easily transfer money from my checking to savings with ease. I like that I can add money easily to my Believe card.

Helpful?
Jason Gonzales
Jason Gonzales
1 reviews•New Reviewer
7 months ago
5 out of 5 stars

Everything is very easy to use I got a…

Everything is very easy to use I got a credit from your bank like that I don’t need to go to any bank for any reason.

Helpful?
Consumer
Consumer
1 reviews•New Reviewer
7 months ago
5 out of 5 stars

Love this app and bank

Love this app and bank

Helpful?
Joseph Amaro
Joseph Amaro
1 reviews•New Reviewer
7 months ago
1 out of 5 stars

You said I was able to borrow $500

You said I was able to borrow $500. I clicked on and it said $250. Right after I paid off a $500 advance. I’ll never borrow from you all again!

Helpful?

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Daniel Kniffing
Daniel Kniffing
1 reviews•New Reviewer
7 months ago
5 out of 5 stars

Great company

Great company

Helpful?
Tamara Malcolm
Tamara Malcolm
1 reviews•New Reviewer
7 months ago
5 out of 5 stars

Fast and easy to use get started

Fast and easy to use get started

Helpful?
Maria Ricardi
Maria Ricardi
1 reviews•New Reviewer
7 months ago
5 out of 5 stars

Love Varo

Love Varo! Thanks

Helpful?
Carolyn Rhoden
Carolyn Rhoden
1 reviews•New Reviewer
7 months ago
3 out of 5 stars

Because the money I borrow will not go…

Because the money I borrow will not go up keep going down and this is clearly where I get my direct deposit from from my work check

Helpful?
Lane
Lane
1 reviews•New Reviewer
7 months ago
3 out of 5 stars

Decent for rn

Decent bank, just don’t like how you don’t offer overdraft. They only give the “early cash advance” option if you use an external bank(which is dumb bc it defeats the purpose of using Varo) and they only offer a line of credit if you have big deposits (which is also dumb bc I work PT for a certain amount of hours) and thennn the Varo Believe CC is not the greatest.

Helpful?
jonathan hunt
jonathan hunt
1 reviews•New Reviewer
7 months ago
5 out of 5 stars

Professionalism

Great service and easy direct deposit setup

Helpful?
Victoria S.
Victoria S.
1 reviews•New Reviewer
7 months ago
5 out of 5 stars

Easy to navigate, only one real "issue".

I find the app really easy to navigate, it's very straightforward. They make all their fees, and terms and conditions genuinely easy to find and read, which I appreciate the transparency. The only thing(s) I'm not a huge fan of is the lack of fraud protection and the inability to link the bank to other institutions. If you get a fraudulent charge on your card there isn't really a way on how to fight it/ report it as fraudulent. When I try to link the bank to my retirement account or my stock account, Varo does not show up as a recognized banking institution which is somewhat inconvenient for me.

Helpful?
Matthew
Matthew
1 reviews•New Reviewer
7 months ago
2 out of 5 stars

My check won’t clear for 8 days and I…

My check won’t clear for 8 days and I need the money asap not 8 days from now

Helpful?
Carol Fogle
Carol Fogle
1 reviews•New Reviewer
7 months ago
5 out of 5 stars

Oh my stinking goodness!!

Oh my stinking goodness!!! The best financial servicing for real life customers who need a bank that they can depend on in any season!!! So glad I decided to open the envelope!!!

Helpful?
Philine
Philine
1 reviews•New Reviewer
7 months ago
5 out of 5 stars

Love Varo never no overdrafts or…

Love Varo never no overdrafts or monthly fees… deposit comes early. Easy chat if there’s ever any issues. The longer you are with them the better the benefit..

Helpful?
Cyn
Cyn
1 reviews•New Reviewer
7 months ago
5 out of 5 stars

Very great banking love it

Very great banking love it

Helpful?
David Brendle
David Brendle
1 reviews•New Reviewer
7 months ago
1 out of 5 stars

This bank is worthless

This bank is worthless. They don't tell you up front that you have to do direct deposit to get the 5 percent high yield savings, you can't talk to a live agent on the phone and their online chat supports are a complete joke.

Helpful?
Starla Williams
Starla Williams
1 reviews•New Reviewer
7 months ago
5 out of 5 stars

I love the borrowing power I’m…

I love the borrowing power I’m achieving. And the fact that I don’t have to borrow it in increments is great. As well as being given a month to pay it back works so much better for my budget. Thank you, Varo!!!

Helpful?
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About Varo Bank

Varo Bank is a financial institution that provides a range of personal banking services designed to meet the needs of modern consumers. The company offers a no monthly fee checking account, high-yield savings options, and cash advances up to $250, making it accessible for individuals seeking straightforward banking solutions without hidden fees. Varo Bank's services also include a credit builder card and early payday options, allowing customers to manage their finances effectively and build their credit over time. Targeting individuals who prioritize transparency and low-cost banking, Varo Bank aims to simplify the banking experience. Its offerings cater to those looking for convenient, fee-free banking solutions that promote financial growth and stability. With a focus on customer-centric services, Varo Bank strives to empower users to take control of their financial well-being through innovative and user-friendly banking tools.

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