Varo is running a Referral Bonus Promotion that gets both existing and new customers a bonus when signing up for a Varo Bank Account.
Existing customers can:
- Find your unique referral link in the email we sent, or in your Varo app under My Varo > Invite Friends.
- Click Share link and send this URL to your friends and family to make some money moves.
New customers will:
- Register your email with the unique referral link your friend gave you and open a new Varo Bank Account.
- Make a qualifying deposit into your new Varo Bank Account totaling at least $20 using external sources.
- Make qualifying purchases totaling at least $20 using your Varo Debit Card within 30 calendar days of when your new account was opened.
Things to keep in mind:
- For the Purchase Requirement: Varo to Anyone transfers, third party transfers (CashApp, Venmo, etc.), ATM cash withdrawals, and over-the-counter cash withdrawals do not qualify for the $20 purchase requirement.
- For the Funding Requirement: Your new Varo Bank Account must be funded using a source outside of Varo Bank (such as an ACH transfer, cash or mobile check deposit, debit card funding, etc.). Varo to Anyone transfers do not qualify as a funding requirement.
- You can refer up to 5 friends and family members within a calendar year. If you used a referral link and received a bonus, this counts as one of the 5 referrals. Sharing your link on third-party social media, blogs or other similar websites may lose eligibility.
- Existing customers or customers with previously closed accounts are not considered new customers and are ineligible for the referral bonus.
Terms and conditions of the Varo Bank Referral Program are provided during the signup process.