Chime vs Varo Bank
Chime | Varo Bank | |
---|---|---|
Get Started - | Online Savings Account - | |
Benefits and Features | ||
Savings | 2.00% 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. |
Checking | No monthly service fee; no minimum balance; no overdraft fees; no foreign transaction fees | No monthly service fee; no minimum balance; no overdraft fees |
Monthly Fee | ||
Minimum Deposit to Open | ||
Mobile App | ||
ATMs | Over 60,000 fee-free MoneyPass, Allpoint, and Visa Plus Alliance ATMs | Over 55,000 fee-free AllPoint ATMs |
Customer Service | Mon-Fri 8am - 9pm (ET) and Sat-Sun 11am to 7pm (ET) | |
Locations | ||
CreditDonkey® Reviews | ||
Savings | ||
Checking | ||
Mobile App | ||
Customer Service | ||
Pros & Cons | Pros:
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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 11/08/2023. |