Varo Bank Promotions & Bonuses in May 2024

Varo Bank is a neobank that was founded in 2015. Originally starting out as a fintech company that partnered with The Bancorp Bank, Varo acquired its own national banking charter in 2020.

This means that while other digital banks rely on a chartered bank to provide their accounts and insurance, Varo is able to operate independently.

With more than one million customers nationwide, Varo is one of the largest neobanks in the US. They offer a free checking account, a high-yield savings account, and two specialty products: Varo Believe and Varo Advance.

Current Varo Bank Promo Codes & Bonus Offers

Here are the active Varo Bank bonuses that you can benefit from today:

Varo Bank Account

Bonus Amount
Account Type
Personal Checking
Bonus Requirements
  1. Be an existing Varo customer.
  2. Refer an individual who is not currently and has not previously been a Varo Bank customer using your unique referral link.
  3. Ensure your referred friend spends at least $20 with their Varo Debit Card in the first 30 days.
  4. Bonus will be deposited into your Varo Bank account within 4-7 business days of the completion of the qualifying transactions.

Summary: Varo Bank's Current Bonuses

Here’s a recap of the current Varo Bank promotions and offers that you can claim right now:

Account Account Type Amount Expires Requirements
Varo Bank Account Personal Checking $30 Limited Time Card Spend, Referral Details

Expired Offers From Varo Bank

These bonuses were recently offered by Varo Bank, but are not available right now.

Check back often as Varo Bank may revive these deals or offer similar promotions in the future. In the meantime, it can sometimes be helpful to compare Varo Bank's current bonuses to their previous deals.

Bank Account - 12,000 Swagbucks bonus (Expired)

Varo Bank previously offered 12,000 Swagbucks for opening a Bank account.

To earn the bonus, you needed to:

  1. Enter your email address on the page linked below to enroll in the offer.
  2. Open a new Varo account using the same email address and fund it with at least $25.
  3. Bonus will be credited within 32 days in the form of 12,000 Swagbucks, which can be cashed out for $120.

Bank Account - 20,000 MyPoints (Expired)

Varo Bank previously offered 20,000 MyPoints for opening a Bank account.

The steps to earning this bonus were:

  1. Enroll in the offer using your MyPoints account.
  2. Open a new Varo account using the same email address and fund it with at least $25.
  3. Bonus will be credited within 45 days in the form of 20,000 points, which can be cashed out for about $126.