Enter your Varo account information(1) when filing your taxes to have your tax refund deposited directly into your account, up to 5 days early(2)! We make your refund available as soon as we receive notification from the IRS. If the IRS submits refund information before the release date, you’ll get your refund sooner. The IRS may not submit refund information early, but we’ll post a tax refund as soon as we get it.
Varo Bank Accounts are for personal transactions and not for business purposes. Therefore, we are unable to accept business tax refunds to Varo Accounts. Review our terms and disclosures outlined in the Varo Bank Account Agreement, which can be found on our Privacy and Legal web page. Find the Privacy and Legal page here: https://www.varomoney.com/privacy-legal/.
(1) We can only accept refunds that match the name on your account. If filing jointly with your spouse, we can accept the tax refund into your Varo Bank Account as long as your name appears as the primary or secondary filer on the return.
(2) Early access to direct deposit funds depends on the timing of the payer’s submission of deposits. Federal government direct deposit payments such as stimulus payments, tax refunds, social security payments or veterans benefits may be received and made available up to 5 days before the scheduled payment date.