How is interest calculated on my Savings Account? Please upgrade your app to the most recent version to view our help center, or go to support.varomoney.com. Related articles Where can I find the Annual Percentage Yield (APY) or interest rate for a Savings Account? How do I Earn the Higher Interest Rate or Annual Percentage Yield (APY) on my Varo Savings Account? When is interest paid on my Savings Account? How do I apply for a Savings Account? Are my Savings deposits FDIC insured?