The Varo Believe Program is coming soon!
Nope. Varo Believe doesn’t report percent utilization to the major credit bureaus because it has no pre-set credit limit. That means spending up to the amount you added will not show a high-utilization card on your credit history.
Your spending limit is established by the amount you deposit into your Vault Account. Your credit limit cannot exceed your Vault Account available to spend balance, up to $2,500 for purchases and $1,000 for cash advances per day, totaling no more than $10,000 total per billing cycle.