Varo Money (Online Bank Account) – $50 Sign Up Bonus (iOS & Android)

Varo Money is banning users for sharing referrals.

Offer at a glance

• Maximum bonus amount: $50
• Availability: Nationwide
• Direct deposit required: Yes, $250+ within first 45 days
• Additional requirements: Use a referral, must be e-mailed to you and you must use the same e-mail address to sign up
• Hard/soft pull: Soft pull
• ChexSystems: No
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: None
• Household limit: None
• Expiration date: March 31st, 2019

The Offer

No direct link to offer, requires a referral.

• Varo Money is offering a bonus of $50 when you open a new account and complete the following requirements:
  • Receive a direct deposit of $250 or more within the first 45 days

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about

Early Account Termination Fee

There is no early account termination fee.

Our Verdict

Previously they offered a $100 bonus with the exact same requirements. Personally I’d wait for such an offer to return (did anybody get an offer for $100? Last time most people only had offers for $50 but a few people had $100 offers) as this offer is obviously much weaker. I won’t be adding this to our best bonus page, as a much better offer was recently offered. I’m really only posting this so people know that that better offer was previously available and so people stop e-mailing me about this deal.  As always please share your experiences and data points in the comments. Referral information is NOT to be shared in the comments, share that in this linked post instead.