Varo Bank Reviews

Varo’s advanced system has way too many flaws. I had worked myself up to a $500 credit limit by paying 16 payments on time, always keeping a positive balance. Depositing six times what I normally deposit. Paying reoccurring bills with my Varo secured card. They lowered my limit from 500 all the way down to 100 once they got another on-time payment with no change credit score either… You can get a line of credit at a bank for $500 to protect your account. That’s not gonna go up and down. Varo by doing it so drastic screws their customers when they’re counting on that money to pay bills and they have a plan to pay it down by $100 each month!

If I could give zero stars, I DEFINITELY WOULD!!!! I've been banking with Varo for years. I've always had more than one bank, so I've never really paid close attention to their dis service to their customers. This TERRIBLE bank NEVER wants to honor disputes. Unfortunately, I've used this card for some important purchases, and when I've been done wrong, or paid for a service that wasn't provided, I'd honor protocol filing a dispute, and varo's punk ** doesn't ever have my back. Most banks does their due diligence, and a fair investigation to find out what happened. Not them!! They don't even try! I've been done wrong when it comes to a few purchases and disputed them, and they do nothing! THEY SHOULD NOT BE ALLOWED TO DO BUSINESS!! They don't give a DAMN about their customers.

This is the worst bank I've ever used. If it was the last bank around I wouldn't recommend it. They put a suspension on my account for supposed identify reason. It's been almost 2 weeks since I've been able to access my money. Never use them. I would rate it a 0 if possible.

This is a horrible bank. Don't deal with them. Recently they became very crappy. They don't answer live is a robotic phone answering and robotic chat. Thru don't pay early and they steal your money!!!!

I love Varo. They do so much for me. However, I just recently had an issue with a company taking my money. All I wanted was the contact information so that I could cancel the charge. I called because that’s the only option they give you for that kind of thing. The representative, instead, filed a dispute as if I was unhappy with the service. Of course, it was denied. So, I was still at square one and went through all of that for no reason. What did I do to solve the issue, since they couldn’t give me that simple info, I broke my card and had them send me a new one. Good lord!

Online bank that is fee free as long as you use ATMs in the Allpoint network. Live customer service is only available M-F during business hours but is very customer friendly when it comes to suspicious activity or unauthorized charges. They also offer cash advances and credit lines to qualified customers. They also offer a secured credit card, making it easier to rent a car.

I have had an account with borrowed bank for a number of years now. The last week on Thursday they sent me an email saying that my account had been frozen. They get back to me within 24 hours because of some fraudulent charges found out that somebody's trying to buy cryptocurrency on my account. As many data breaches as there have been lately I'm not shocked. Well 24 hours went by they never contacted me. I'm on Social Security Disability. I'm a senior and I had $170 in my account in my one account with them and my believe card I think I had a few dollars on it. I have tried to get a hold of them and they don't answer the phone and then they said, "You got to talk to him through the app. I tried to get into the app. They don't recognize my email any longer and so where the hell is my money.

The so called "5 star reviews" of this bank are clearly planted. How could a bank that has literally no customer service (which I didn't know was possible) possibly get a legitimate 5 star rating? This is without question the worst bank operating in the USA and that is saying something. Varo should be sued, investigated, and immediately shut down. I have had nothing but bad experiences since the beginning. Varo has been holding a $1500 deposit now for 11 days. This was a direct deposit and should have never been subject to a hold in the first place.

I filed a dispute with my Varo bank in Feb. and March 2024 for my account being fraudulently messed with. I use tap and pay a lot and It was apparently compromised. They cleared what I had in my bank account and I even contacted Varo's live support on pending charges I seen that I didn't make. They didn't do anything to help me but send me a new card. Then I kept getting emails that I had to verify myself. But my password was changed to log into my Varo, Which to me sounds like Varo remote workers to be honest. I complied and did my police report and filed an IC3 like I was told. Because they did cyber charges as well. Varo made me wait over 90 days to tell me they denied my dispute and didn't give valid reasons.

I used to like them, they have pay anyone feature where it's via text, and credit building option, as well as advance you can build higher SUPPOSEDLY, with increased direct deposit and on time payments as well as account balances $0 or higher. I got up to $100, increased my direct deposits amount by $826, paid my advance 20 days early all 3 times and they DECREASED IT BY $50!! And make you chat about it with no way to talk on the phone to see why. And they can't answer the question via chat. That's horrible incentive and makes me want to close my account altogether as it's more a punishment to decrease when I do everything right, instead of rewarding with and increase like the claim. Bad business.