Update 6/30/261: Expires 6/30 Added until 15.7.2026
Update 5/25/26: It looks like people are being credited $150 again.
Update 4/30/26: Extended until 5/31/2026.
Update 3/31/26: Extends through April 30, 2026
Update 17.3.26: Referral bonus increased to $150. The anti-separation language has been removed from Varo. Please do share your recommendations in the comments below. You can share them in this thread tied in place.
Offer at a glance
- Maximum bonus amount: 150 dollars
- Availability: On a national scale
- Direct deposit required: Yes, $500+ within the first 45 days
- Additional requirements: Use a referral
- Hard/soft pull: Gentle pull
- ChexSystems: No.
- Credit card financing: Unknown
- Monthly fees: ANY
- Early account closure fee: ANY
- Family boundary: ANY
- Expiration date:
30 June 2019 30 September 2019 31 December 2019March 31, 2026
Offers
No direct link to offer, requires a referral. Find a referral here.
- Varo Money offers a $150 bonus when you open a new account and meet the following requirements:
- Get a direct deposit of $500 or more within the first 45 days
Avoidance of fees
Monthly fees
This account has no monthly fees to worry about
Early account termination fee
There is no fee for early account closure.
Referral bonus
This bonus requires the use of a referral link. Feel free to share your recommendations in the comments below, they can be found and shared here related post. The person who refers you will also get $150, so try to use a link from a reader who makes helpful comments.
You can get a total of 5 referral bonuses for a total of $750 currently. If the referrer has reached the limit of 5, the referrer will still receive the $150 bonus.
Our verdict
The bonus is very good as the requirements are easy to complete and you can refer others. It’s great that they removed the anti-sharing language and also increased the signup bonus to $150 from $100. We will add this to our list best bank account bonuses.
Hat tip to reader Matt A
