Varo banking review: An online account with perks

Written by: Beth Deyo
• Updated •1 min read
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Varo checking account at a glance

Varo Bank, formerly known as Varo Money, is an online-only bank with no physical branches. It also offers some unique perks.

Are Varo Bank and Varo Money the same?

Varo began as a mobile banking startup focused on helping customers manage their money and reach their financial goals. In 2017, the company applied to form Varo Bank.

About the author: Beth Deyo is a personal finance freelance writer with a bachelor's degree in Finance from the University of South Florida. She is also a Certified Financial Planner™ with 14 years of wealth management experience. She … Read more.