$25 Varo Referral: $25 Sign up Bonus for New Users [2024]
Varo Referral Program
To receive the Varo referral bonus, sign up with a Varo referral link and spend at least $20 within 30 days.
As of May 2024, when you sign up with a Varo referral link and spend $20 within 30 days of account opening, you can earn a $25 Varo sign up bonus. You can also generate your own Varo referral link to earn more rewards through the Varo refer a friend program.
Varo is ‘a bank for all of us’. It’s a financial technology company built on the belief that money should work for all of us. The platform is designed to make sure nothing holds you back from financial freedom.
This free bank is safe and easy to use with no credit check, no minimum balance, and no monthly fees. It’s a next-generation bank you should consider when shopping around for your next current account.
Varo is everyday banking that puts you in charge, giving you more control you’re your money. We’re reviewing Varo bank and showing you how easy it is to sign up for the platform through our Varo bank referral link.
Install the Varo mobile banking app on your smartphone to experience smooth and easy banking transactions. To receive your $25, simply follow the Varo referral guide below.
How to Sign up and Earn $25 with a Varo Referral Link?
Varo makes the process of signing up for a current account easy with no monthly fees or minimum balance. We’re breaking down the process of how to sign up for a Varo current account and activate your digital and physical card.
1. Apply through our Varo Bank referral link
Applying for a Varo Bank account won’t impact your credit score. Just click our Varo bank referral link to start the process. You’ll need to provide some basic financial and personal information, including your social security number and residential address.
2. Download the Varo App
After this, you’ll be prompted to download the Varo app from your App Store. Simply follow the prompts on the screen to complete your application. Double-check that our Varo bank referral code (Saleh12) is in the relevant section of your application.
3. Activate Your Digital Card and Physical Card
Varo will provide you with a virtual debit card to use alongside your physical card. Add it to your Apple Pay or Google Pay to go cardless. You can control and authorize payments made by your EMV-chip debit card using the Varo app. The platform’s zero liability policy means you won’t be responsible for any unauthorized charges.
4. Start Making Purchases on Your Varo Card
You’ll need to make transactions that total at least $20 to earn your $25 referral credit from Varo. You can make these purchases through your digital or physical Varo card.
Get $25 with Our Varo Bank Referral Link
Are you interested in signing up for a Varo account? Are you wondering how to get free money on Varo? Applying through our Varo bank referral link will give you a one-time bonus of $25 when you spend $20 within 30 calendar days. It’s that easy to earn referral credit with your Varo account!
Follow the sign-up process for joining Varo through our Varo referral link above and the tips below on how you can earn extra credit by referring your friends and family.
1. Make qualifying purchases totaling at least $20
You’ll earn your sign-up bonus by using our Varo bank referral link after making qualifying purchases totaling at least $20. These purchases must be made using your Varo Debit Card within 30 calendar days of opening your new account. Cash withdrawals and third-party transfers do not qualify.
You’ll receive your $25 sign-up bonus within 4-7 business days after making your qualifying purchases.
2. Get your unique Varo referral link
Once your account is up and running, it’s time to start sharing your Varo referral code with your friends and family. Your link will be sent to your email, or you can find it in the ‘settings’ part of your Varo app.
Varo allows you to refer up to 5 of your friends and family per calendar year. Signing up through our Varo referral link will count as one of the 5 referrals for the year. You’ll earn $25 credit for each person you successfully refer through your Varo bank referral code.
If you want to earn more referral bonuses, you may also check out Chime and sign up using our Chime bank referral code.
What is Varo?
Varo is branchless, 24/7 mobile banking that gives you all the tools you need at your fingertips. It’s an all-digital institution that’s designed for the way you live.
You can send and receive cash for free with Zelle and Varo to Varo transfers within minutes. Varo’s other benefits include interactive financial education tools that help account for every cent of your payment, enabling you to boost your credit score and grow your finances.
It’s easy to transfer money instantly into your Varo account without any fees, whether it’s from Cash App,Venmo, or another current account. Varo offers one of the highest savings rates in the United States, starting at 2% APY with the chance to earn up to 5% APY. It’s 29x the national average for savings accounts.
You can get ahead of your savings with automated payments to your savings account and the option to round up every transaction to the nearest dollar and save the leftover cash in your savings account.
Varo Advance
One of the biggest benefits of having a Varo account is getting access to Varo Advance. It’s a program that allows you to borrow up to $100 when you’re a little short on cash. It starts at $20 with no interest and one simple fee for advances over $20. You’ll get access to cash at the touch of a button without worrying about expensive fees or late payments.
Each loan through your Varo Advance will have a fee of $50 or less with a $20 advance having no fee. You’ll need at least $1,00 in qualifying direct deposits in your bank, savings accounts, or combined accounts within the last 31 days to qualify for Varo Advance.
Varo Believe Secured Credit Card
If you want to have financial freedom, you need to start building your credit score. One of Varo’s products is the Varo Believe Secured Credit Card. It has no minimum security deposit, no annual fee or interest, and no hard credit check to apply. Have good credit and a better life with Varo and achieve your financial goals.
Every purchase that you make on your Varo Believe card will build your credit with every on-time payment that you make. The card enables you to start using your own money to build your credit responsibly with no APR and no security deposit required. You’ll even cashback from over 50 brands when you shop in-store and online using the Varo Believe Card.
Simple transfer money to your Varo Believe Secured Account from your Varo Bank Account. Start using your card anywhere that accepts Visa and build your credit history automatically. You can turn on ‘safe pay’ to automatically pay your statement balance using the money you’ve already added to your account.
Varo allows you to track your credit score in the Varo App to stay on top of your financial health. This credit card is unique as it helps you avoid spiraling debt and pay your balance with the option of a security deposit.
All you need to get started with Varo Believe is to have $500+ in qualifying direct deposits and a Varo Bank Account without a negative balance or any overdue Varo Advance payments.
Why You Should Sign Up for Varo Bank
Varo Bank follows the lead of other fin-tech companies by having no hidden fees. You won’t be charged any monthly fees with no minimum balance or overdraft fees. We’re rounding up the benefits of a Varo bank account to help you decide if the platform is right for you.
Visa Contactless Debit Card Cashback
You’ll receive a Varo Bank visa contactless debit card when your application is approved. One of Varo’s biggest perks is that you’ll get up to 6% cashback when shopping with Varo cards. You’ll earn real cash and not points with your rewards being automatically transferred every time you hit $5 in total cashback.
Varo also allows you to earn cashback from select brands if you have a ‘Varo Believe Card’.
55k+ fee-free AllPoint ATMs
You can withdraw cash from over 55,000 ATMs across the United States, many of them in the places you’ll already be shopping in. Look out for fee-free ATMs in CVS, Safeway, and Target.
Security
Your deposits with Varo are FDIC insured up to $250,000. Varo uses industry-standard encryption technology to keep your money and personal information secure.
Early Payments and Varo Advance
You don’t have to wait for payday anymore. Varo allows you to be paid by direct deposit up to 2 days early, giving you access to your money when you need it most. You can also use Varo Advance to borrow up to $100.
Send and Receive Money Fast
You can use Zelle and Varo to Varo transfers through the Varo app to transfer and receive money within seconds. Varo also allows you to deposit checks within the app and deposit cash at over 90,000 retail locations using Green Dot Reload at the Register.
Final Thoughts – Varo Bank Referral Code
Varo is a bank that works for all of us. You can make the platform work for you, whether it’s building your credit through Varo Believe or getting one of the highest savings APY rates for your savings. Start your journey with this neobank by signing up through our Varo referral link to earn $25 when you spend $20.
