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Chime vs Varo Bank


 

Chime

Varo Bank

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Varo Bank Account - Learn More

 

Benefits and Features

Savings2.00% Annual Percentage Yield (APY). 3.00% 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.
CheckingNo monthly service fee; no minimum balance; no overdraft fees; no foreign transaction feesNo monthly service fee; no minimum balance; no overdraft fees
Monthly Fee
$0
$0
Minimum Deposit to Open
$0
$0
Mobile App
iOS & Android
iOS & Android
ATMsOver 60,000 fee-free MoneyPass, Allpoint, and Visa Plus Alliance ATMsover 55,000 fee-free AllPoint ATMs
Customer Service
24/7
Mon-Fri 8am - 9pm (ET) and Sat-Sun 11am to 7pm (ET)
Locations
Online only
Online only
 

CreditDonkey® Reviews

SavingsStarStarStarStarStar
CheckingStarStarStarStarStar
Mobile AppStarStarStarStarStar
Customer ServiceStarStarStarEmpty StarEmpty Star
Pros & ConsPros:
  • No account fees
  • Get paycheck 2 days early
  • Up to $200 overdraft coverage
Cons:
  • Hard to deposit cash

Chime: Chime is a financial technology company, not a bank. Banking services provided by, and debit card issued by, The Bancorp Bank or Stride Bank, N.A.; Members FDIC.

Varo Bank: Pricing information from published website as of 11/26/2024.


Articles on Chime

Chime Review

Chime has no monthly fees, so what's the catch with the app? Find out how you can get paid two days early and grow your savings.

Chime Locations

Chime is a popular fintech company with no physical branches. But how do you access your money? Keep reading to find out.

Online Banks Like Chime

Discover the best Chime competitors that can offer you better rewards and a wider range of account options.

Which Do You Think is Best?


Which Bank Account is Right for You?


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CreditDonkey is a bank comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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