So, you've got a Varo card and you're wondering where to put your money onto it. It's a pretty common question, and thankfully, Varo makes it quite straightforward.
One of the most direct ways is through direct deposit. If your employer or a government agency sends payments via direct deposit, you can simply have those funds sent straight to your Varo account. This is often the quickest way to get your money, and Varo even highlights that you can get paid up to two days early this way. It’s like having your paycheck arrive ahead of schedule!
Beyond direct deposit, you can also add money by visiting one of the many fee-free Allpoint® ATMs. Varo has a network of over 40,000 of these ATMs across the U.S., making it pretty convenient to deposit cash if that's your preference. Just remember, while these are fee-free for Varo customers, out-of-network or international ATMs will come with a fee, and third-party ATM fees might also apply.
For those who prefer a more digital approach, you can link external bank accounts to your Varo account. This allows you to transfer funds electronically from another bank into your Varo card. It’s a flexible option that lets you move money around as needed.
And if you're looking to grow your money, Varo offers a high-yield savings account. While not directly 'putting money on the card' in the sense of a deposit, it's a way to have your money work for you within the Varo ecosystem. They offer competitive APY rates, especially if you meet certain criteria like receiving direct deposits and maintaining a positive balance. It’s a smart way to let your savings accumulate.
It's worth noting that Varo is a digital bank, so while they offer a physical debit card, the primary way to manage your money is through their app. The app is where you'll find most of these options readily available, from setting up direct deposit to initiating transfers and checking your balance. It’s designed to be user-friendly, putting control right at your fingertips.
Ultimately, whether it's through the convenience of direct deposit, a quick cash deposit at an ATM, or a digital transfer, Varo provides several accessible routes to get your funds onto your card and into your account.
