Varo Believe is coming soon!
Varo Believe helps you build credit with no fees, no interest, and no credit check to apply. Traditional credit cards generally come with all of those strings attached.
Additionally, traditional credit cards provide a credit limit and usually require an acceptable credit history to have already been established. With Varo Believe, your credit limit for each transaction is the balance in your Varo Bank Account or $10,000, whichever is less.
Because Varo Believe offers a secured credit card, each time you make a purchase on your card we’ll move the transaction amount from your Varo Bank Account into your Vault Account. Each month we’ll send you a statement, and the money in your Vault Account can then be used to pay your monthly statement balance.