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Bank of America vs Varo Bank


 Bank of America
Member FDIC
 Learn MoreLearn More
 

Bank of America

Varo Bank

OFFER
Bank of America Advantage Plus Banking® - Up to $500 Bonus Offer

SPECIAL OFFER
Varo Bank Account - Learn More

 

Benefits and Features

SavingsBank of America Advantage Savings Standard Rate: 0.01% APY2.50% APY on all balances. Opportunity to earn 5.00% APY if your daily savings balance does not exceed $5,000 AND you make at least 5 Varo debit card purchases per month AND receive at least $1,000 in direct deposits in either the Varo Bank Account or Savings Account.
CD
  • 7-Month CD - 3.51% APY
  • 10-Month CD - 2.95% APY
  • 13-Month CD - 2.00% APY
  • 25-Month CD - 1.75% APY
  • 37-Month CD - 0.11% APY
  • 1-Month CD - 0.03% APY
  • 120-Month CD - 0.03% APY
 
Checking
Check
No monthly service fee; no minimum balance; no overdraft fees
Monthly Fee 
$0
Minimum Deposit to Open 
$0
Mobile App
iOS & Android
iOS & Android
ATMs
Approximately 15,000+ ATMs
over 40,000 fee-free AllPoint ATMs
Customer Service
  • Monday -Friday: 8AM - 9PM ET
  • Saturday: 9AM - 6PM ET
  • Sunday: 8AM - 5PM ET
Mon-Fri 8am - 9pm (ET) and Sat-Sun 11am to 7pm (ET)
IRA CD
Check
 
Locations
3,700 financial centers
Online only
 Learn MoreLearn More

    Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

    Bank of America: Pricing information from published website as of 06/06/2026 based on 91107 zip code.

    Varo Bank: Pricing information from published website as of 12/10/2025.

    Bank of America
    Member FDIC

    Bank of America Advantage Plus Banking® - Up to $500 Bonus Offer

    • New checking customers only: Get a bonus offer up to $500 after completing qualifying transactions. See offer page for more details
    • Bank of America N.A. Member FDIC.
    Bank of America
    Member FDIC

    Bank of America Advantage Relationship Banking® - Up to $500 Bonus Offer

    • New checking customers only: Get a bonus offer up to $500 after completing qualifying transactions. See offer page for more details
    • Bank of America N.A. Member FDIC.
    Bank of America
    Member FDIC

    Bank of America Advantage SafeBalance Banking® - $100 Bonus Offer

    • New checking customers only: Get a $100 bonus offer after completing qualifying transactions. See offer page for more details
    • Bank of America N.A. Member FDIC.

    Articles on Bank of America

    Bank of America Review

    Bank of America is a national bank with many account options and user-friendly online banking. But does this convenience come at a cost? Read on.

    Bank of America Problems

    Bank of America may be one of the biggest banks, but many customers find a lot of issues with their banking services. What are they? Keep reading.

    Bank of America CD Rates

    Bank of America is one the biggest banks in the U.S. But are their CD rates worth it? Read on to find out.

    How to Close a Bank of America Account

    Want to close your Bank of America account? Learn how and what you need to do before you close your account.

    Bank of America Hours

    Bank of America is open 5-6 days a week, depending on the location. Take a look at their business hours below.

    Bank of America Routing Number

    Find your Bank of America routing number and learn about money transfers in our guide.

    Which Do You Think is Best?


    Which Bank Account is Right for You?


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