Can I refer myself for a second account if I have an existing Varo Bank Account? No, you can’t open more than one Varo Bank Account per Social Security Number. See full Terms and Conditions for more details. Related articles When will my referring friend and I get our bonuses? I got referred to Varo by a friend. How do I make sure we both get our bonuses? How many friends can I refer? How much can I earn in Referral Bonuses? What if I got a referral from my friend but I already have a Varo account? Is every Varo customer part of the program?