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Ranked #32Online Banks

Varo Bank

The first all-digital, nationally chartered bank in the United States.

4.9 / 5 Trust 61/100 USAFounded 2015

Our review

Varo Bank has earned a top spot in the online banks category thanks to its combination of competitive pricing, strong regulatory standing, and consistently positive customer feedback. Below is our independent breakdown of where it excels — and where you should pay attention before opening an account.

Pros

  • Independently verified
  • Transparent fee structure
  • Strong customer support
  • Trusted by millions

Cons

  • Limited availability in some regions
  • Premium features require paid plan

Key features

What customers say

"Honestly the best experience I've had with Varo Bank. Transfers arrive in minutes."

Sara T.

"Customer support is responsive and the fees are exactly as advertised."

James R.