Does Varo offer Overdraft Protection? Varo has discontinued overdraft protection, but we do offer Varo Advance to qualified customers. Visit our Varo Advance FAQ page here for more information about Varo Advance. Related articles What is Varo Advance? How do I qualify for Varo Advance? How much can I borrow with Varo Advance? How frequently can I get an Advance? Do you check my credit history when I apply for a Varo Bank Account?