Varo Money (Online Bank Account) – $75 Sign Up Bonus (iOS & Android) – Sharing Referrals Still A Nono
Update 1/3/20: Bonus has been reduced to $75
Update 12/18/19: Varo has now sent out e-mails saying this won’t be extended again and might be the last time they ever offer $100.
Update 10/13/19: Bonus has been extended until December 31st, 2019
Update 7/3/19: Bonus increased to $100 for referrer and $100 for new member. Direct deposit requirement lowered from $250 to $200. Updated details below. Do not leave your referral or leave your email or ask for a referral in the comments.
Important reminder, do not share your referrals because Varo money will ban you. “Eligibility is based on individual Members inviting only personal friends, family, and known acquaintances. Attempts to generate referral activity by posting a Member’s unique link on third party social media, blog, or other similar websites can result in termination of Member eligibility.”
Offer at a glance
- Maximum bonus amount: $100
- Availability: Nationwide
- Direct deposit required: Yes, $200+ 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:
June 30th, 2019 September 30, 2019December 31st, 2019
The Offer
No direct link to offer, requires a referral.
- Varo Money is offering a bonus of $100
$75when you open a new account and complete the following requirements:- Receive a direct deposit of $200
$250or more within the first 45 days
- Receive a direct deposit of $200
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. Because of that I wouldn’t recommend doing this deal. I’d also recommend not doing it as they ban sharing referrals.
Hat tip to reader Matt A
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Nowhere in our post does it say you can share referrals in the comments. Please do not break the rules
STOP ASKING OR SHARING REFERRALS YOU IDIOTS. VARO READS THIS THREAD
This is true. I have one guy sent me an email said that his email is not eligible for this promotion meaning he got block from varo. Be careful! Varo has eyes on DoC
Does that mean if one got the referral from the email shared by several people here last night and use it to register, will they be rejected? Or will app still be accepted but the referred person don’t get the bonus since the one referring is banned?
If one used a different email addy from what they used on Varo, will the referral they send from email NOT registered with Varo be invalid and referred person don’t get the bonus?
I just want to understand the mechanics of this and how the bank will find out legit referrals.
When you click on the referral link and if the page leads you to regular sign up page then that person is not eligible or the referral is not valid.
hahahha dont hold back, tell em how you really feel… lololoolol
LOL
So how does one actually get this offer? Signup for an account with no bonus and refer p2?
No, signup from a friend who has a link, and then sign up P2.
I guess what i’m saying is I don’t have a friend that has a link… so one of my “friends” would have to signup without a bonus
Fancy lil thing ya got there
Gadget . Missed opportunity 
JuicyJosh
I’ll leave this comment up for the rest of the day, but this is too close to sharing your referral for my taste
Noted. You can delete it now. Thank you for the warning.
Np I don’t actually mind it but I think it just blurs the line too much and as you can see a lot of people have just flat out posted their e-mail below
do we need a P2? we can signup directly using friend’s link right? Won;t that work 🙁
Yes, that will work.
No, you don’t need a P2. Yes,
Hari, that would work. I think 
Al was trying to figure out a way to get at least one $75 bonus, guaranteed, if you don’t have “friends” with Varo links.
We both have the same name. Does that make us friend? Share your mail ID here my BF!
ha ha.. pls anyone refer me.. [removed]
email me for a referal link.
[removed]
send an email for referral link
[removed]
Email me at [removed] for a referral.
@Varo, check this against your database.
Can’t we make personal friends here?
Hey Gadget – Looking to make a personal friend who happens to have a Varo account. If that’s you…email me at TakeMoneyFromVaro@gmail.com
Nevermind…found what I was looking for after clicking on you!
What’s wrong with juicyjosh?
I found a personal friend on Reddit.
There should be an easy way around the referral sharing issue. If people interested in a referral comment with their email address so a Varo user can share their link, and then open the account with a different email. Don’t think it’s too complicated.
Varo would probably be crazy enough to screen the new customers email to check for a match. Maybe use a fake email or Reddit name. Lol.
Need to sign up with the same email address as referred.
Use a fake email to communicate the email address to be referred. Or some other form of discrete communication. Here is my reddit name in Morse code.
r/ -.. ..- ..- ..- ..- ..- ..- …- .- .-..
im upvoting for the humor only. lol
1. People that have referrals could give out/post their non-Varo linked e-mail, Reddit name, Match.com username.
2. People that want to be referred, they contact their pick on the list.
3. That person replies with the link.
There is another scenario where this works too, if at step 2, the person provides the e-mail address they will use for the account and the referrer enters it using the referral link.
For the record, I didn’t say people should do this. Not sure if
William Charles wants to allow that… But I see it’s taking place.
This old thread is making me lol
Glad to be of service!
Agreed, this entire thread has me rolling on the floor laughing, maybe the funniest thread I’ve seen on DoC, including
William Charles calling people idiots, and the banter of 
Gadget and 
JuicyJosh Thanks guys!
How do you refer? I do not see any option on my account.
Should be included in the email
In the Android app, tap “Settings” gear icon, and you should see a present icon & “Invite Friends”. Tap that and you should have a link. App shows updated $75 bonus information for me.
I got no icon and no option to invite friends.
From FAQ: “If you’re eligible for the referral program, find your unique link in the email we sent, or in your app on the Dashboard screen if you have an iPhone. On Android, you can find your link in Settings > Invite Friends.”
i would love to sign up for an account, if you already have one please message me. [removed] without the spaces at googles email. Thank You!
Undercover Varo employee… I sent you my info. Thanks Friend!
.
If anybody wants a referral, email me at [removed] and I’ll shoot a referral your way.
I do not have any more, please look for other referrals, thanks.
I thought you will ban this bank from your website too…
I have 7 referrals available if anyone needs- contact me at:
[removed]
I have referrals available. Just send email to [removed]
If I already got one from them and closed the account, could i get another?
There’s nothing in the terms that say you can’t, you can be the DP to help the rest of us out.
Works. Closed four months ago. Just reopened and got both is again. DM me Reddit for more data or referral. Username Orin__ (that is two underscores)
Yes
I do not understand we here at DOC.com are all friends no?
I tried applying and got my application denied. I called in and they said the system auto denied me and they don’t have any more information. They recommended I look for a different bank.
me too 🙁 back in December.. did you ever try again to get it approved or re-apply? I’m thinking to maybe re-apply
declined spouse (couldn’t verify identify, which is BS), this also requires app running newer version of Android (8.0) than she has so had to try on my phone. Seems like the company is a waste of time if they are so anal to monitor internet sites for referral links and deny legit people. Applied without any referral, no other applications from HH.
Were you using a VPN at the time? I got declined and I’m wondering if it declined automatically because I was on VPN. I’m overseas right now so I figured it was better to use a VPN than not to.
No, normal US home internet connection in our case.
Any financial or otherwise regulated up the wazoo website is a bad place to use a vpn. You will get flagged so fast. I even disable certain browser blocking like device recognition when signing up in case of potential issues.
I have several referrals available if anyone needs contact me at:
[removed]
have referrals, email me: [removed]
I’m reaching out to help@varomoney.com for a referral. Who is with me? Spam them to either send a referral or let others share their link here.