We’d hate to see you leave!
Varo Bank is always working to improve the future of banking for you. We don’t charge any fees for keeping your account open- even if you’re not using it- and there’s no harm to your credit report or financial profile to have multiple bank accounts. We encourage you to keep your account open to see what we can do for you next, whether it’s giving you more ways to save automatically or offering an even higher savings rate.
If you’d still like to close your account, we’ll do everything we can to make the process easy. First, be sure to withdraw your funds. You can spend them or transfer them to a linked external account. You’ll also want to switch all direct deposits and pre-authorized withdrawals to another account.
Once you’re ready to close your account, go to FAQ How do I reach customer service? for options on how to contact us to complete your request.
To see what data Varo collects, how we collect that data, all uses of that data, and our data retention/deletion policies, visit our policy page.