You’ll qualify for an Advance if:
- You've activated your Varo Bank debit card.
- Your Varo Bank Account is active (not closed or suspended) and in positive standing:
- Your Varo Bank Account and/or Savings Account has an available balance equal to or greater than $0.00
- Your Varo Bank Account is at least 30 days old
We’ll check your eligibility for a $20 Varo Advance daily. Once you meet the requirements, you can get an Advance immediately the next day. We will check eligibility monthly to see if you qualify for higher limits.
We’ll let you know in the app if you’re qualified or what qualifications you still need to meet.
*Qualifying direct deposits include ACH transfers consisting of payroll, pension, or government benefit payments from an employer or a government agency. The name associated with the deposits must match the name of the Varo Bank Account or Varo Savings Account.