Varo - Cash Deposits Through Third Parties And No Hidden Charges

Varo - Secure Online Banking with No-Hidden Fees

Higher interest rates are the primary draw for any advanced online banking platform, and Varo isn't lacking. The Varo saving accounts come with an annual percentage yield of APY to boost the performance. Varo delivers the zero monthly fees for saving and checking accounts and provides no monthly maintenance and overdue. 

Once you've set up an account, you are able to open the high-yield savings, and your savings will earn a sky-high APY, and it also helps to save money automatically before you know! If you set up the direct deposits, varo takes the percentage to paycheck instantly deposits into your accounts, and they won't charge any fee for overdrafts and minimum balance requirements same as the Sofi bank and Etrade.

As a mobile-only banking service, Varo has a great mobile application system. It allows you to deposit the checks with mobile through its smart integrations and will enable you to send instantly to the other varo customers. It also provides the ability to track the spending and account activities with instant alerts and notification using the dashboard interface. Even though it is a mobile-only bank, it also provides the robust customer help section to offer exceptional support to the customers. It has easy to use the FAQ and easily searchable queries to find solutions.