Look, I'm not gonna lie, I've tried a few different online banks, and Varo Bank has been the least painful. As a small business owner, I need to keep my personal and business finances separate, but I don't want to get nickel-and-dimed with fees. Varo doesn't have monthly fees, which is a huge win. Plus, their savings account interest rate is actually competitive. It's not gonna make me rich, but it's better than nothing. The app itself is pretty straightforward β easy to check balances, transfer money, and track transactions. Itβs not the fanciest thing out there, but it gets the job done, and that's what matters to me. Bottom line, it's a solid option if you're looking for a no-frills, low-cost banking solution. I'd say it's worth checking out.
Key Features
No monthly maintenance fees, which saves me money every month.
High-yield savings account to earn a bit more on my cash.
Easy mobile check deposits for quick access to funds.
"Iβve been using Varo for a while now and Iβm very happy with it. I love that there are no monthly fees and the app is easy to use."
β 5β User Review
ANDROIDUpdated: 7/10/2025