Varo Bank Promotion: $75 Bonus And $75 Referrals Promo 2022

Find up-to-date promotions and offers from Varo here.

Varo is a fee-free mobile bank where you manage a Checking and Savings account through their app.

Varo is an internet only bank and does not have any branch locations. They are headquartered at 111 Sutter Street – San Francisco, CA 94014.

For more current offers, see our bank bonuses page. Popular offers can be had from banks like Chase Bank, HSBC Bank, Aspiration, Bank of America, BMO Harris and many more.

Compare their rates with the nation’s top Savings rates here, top Checking rates here, and the top CD rates here.

Chase Total Checking $200 Bonus 2022

[Expired] Varo $75 Bonus And $75 For Referrals ($500 Max)

  • What you’ll get: $75 sign-up bonus. $75 per referral (up to $500 max)
  • Where it’s available: Nationwide
  • How to earn it:
  • When it expires: 6/30/2020

How To Earn The $100 Bonus


  • Sign up for a new Varo account with a referral link
  • Have a direct deposit of at least $200 post to your account within 45 days of account opening.
  • Once you have an active account you can make referrals to earn $75 per referral, up to $500 maximum in referrals.

Varo Bank Account
Get a no-fee mobile bank account that lets you get paid up to 2 days early.

Varo Savings Account
Earn from high-interest savings with no fees or minimums and auto-savings tools.

Varo Visa® Debit Card
Fee-free withdrawals at 55,000+ Allpoint® ATMs worldwide—that’s more than the 3 biggest U.S. banks combined.

Varo Personal Loans
Save hundreds with fixed rates and no hidden fees as you tackle big costs.

No monthly fees with Varo.

  • In order for each referring Varo member (the “Member”) and referred individual (the “Referee”) to qualify for and receive a $75 bonus, Referee must:
    • 1) use Member’s unique link to register Referee’s email address;
    • 2) request a new Varo Bank Account (subject to approval) by June 30, 2020, using the same email address used for registration in the prior step; and
    • 3) receive one qualifying direct deposit of $200 or more into the new Varo account within 45 days of the day the Referee is advised that the Varo Bank Account is open. The qualifying direct deposit must be one (1) ACH electronic payment payable to the Referee consisting of payroll, pension, or government benefits from the Referee’s employer or a government agency. A fund transfer from an account held in Referee’s name at an external bank or other financial institution or a peer-to-peer payment (such as through PayPal, Square, Venmo, or Apple Pay Cash, or similar services) will not qualify.
  • Bonus is paid as a credit to Member and Referee Varo accounts within 7 days after Referee’s qualifying direct deposit occurs.
  • Referee must be a new Varo member with no prior Varo account(s).
  • By participating in this Refer-a-Friend Program (“Program”), Referee acknowledges that non-payment or payment of the bonus and related promotional communications can result in Member’s awareness that Referee requested and/or opened a Varo account.
  • Each Program Member is limited to receipt of a total of $500 in Program payments.
  • Varo Money Inc., the sole sponsor of the Program, reserves the right to cancel or modify its terms, or terminate eligibility to participate in the Program at any time without prior notice.
  • For example: 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.
  • Credits of $10 or more will be reported on tax form 1099-INT for new members.
  • Credits of $600 or more must be reported on tax form 1099-MISC for existing members.

Bottom Line

Moneysmylife currently does not have an active referral link for Varo. Varo will also take issue with referral details posted on blog sites and has been known to deactivate those referral links.

Compare this offer with the best bank promotions here.


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