We review the following to see if we can increase your limits:
- Your recent qualifying direct deposits to Varo, just so we can be sure you have enough funds to repay your Advances!
- Your Advance repayment history. As you repay more Advances, the more likely it is we’ll increase the Advance amounts you can get.
- Any other qualifications
While we can’t guarantee a higher limit, you’ll start out with a $20 Advance limit once you qualify. As you increase your total direct deposits to Varo and build your repayment history, you may qualify gradually over time for higher Advances of up to $250. Reaching the higher limits can take time.