Chime vs Varo Bank
Chime | Varo Bank | |
|---|---|---|
Get Started - | Varo Bank Account - | |
Benefits and Features | ||
| Savings | 2.00% Annual Percentage Yield (APY).
 | 2.50% APY on all balances. Opportunity to earn 5.00% APY if your daily savings balance does not exceed $5,000 AND you make at least 5 Varo debit card purchases per month AND receive at least $1,000 in direct deposits in either the Varo Bank Account or Savings Account. |
| Checking | No monthly service fee; no minimum balance; no overdraft fees; no foreign transaction fees | No monthly service fee; no minimum balance; no overdraft fees |
| Monthly Fee | ||
| Minimum Deposit to Open | ||
| Mobile App | ||
| ATMs | Over 60,000 fee-free MoneyPass, Allpoint, and Visa Plus Alliance ATMs | over 40,000 fee-free AllPoint ATMs |
| Customer Service | Mon-Fri 8am - 9pm (ET) and Sat-Sun 11am to 7pm (ET) | |
| Locations | ||
CreditDonkey® Reviews | ||
| Savings |  | |
| Checking | | |
| Mobile App | | |
| Customer Service |  | |
| Pros & Cons | Pros:
| |
Chime: Chime is a financial technology company, not a bank. Banking services provided by, and debit card issued by, The Bancorp Bank or Stride Bank, N.A.; Members FDIC. Varo Bank: Pricing information from published website as of 01/05/2025. | ||
Articles on Chime
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