Varo and Zelle are two well-known financial apps that have served the money transfer concept for sometime now but, Does Varo work with Zelle? That's what we'll be seeing today.
Varo is an online-only bank that offers its financial services across a mobile app.
Varo is also one of the online banks that offers financial aid through a feature called "Varo Advance" which lets users in tough financial situations borrow money from Varo.
Varo bank is compatible with many other financial apps as we find many cash advance apps that work with Varo.
Zelle is an online money transfer app that is integrated with over 200 banks and credit unions, including Varo, Chase, Bank of America, Ally, Capital One, U.S. Bank, and Wells Fargo.
There have been misconception on Varo bank's support for Zelle but here's the fact; — Varo works with Zelle and users can link Varo bank to Zelle via their Varo debit card to the Zelle mobile app.
Linking your Varo debit card to Zelle is as simple as linking any other debit card to Zelle and once linked, you will be able to fund your transactions through Zelle with your Varo bank account balance.
This article focuses on showing you how to link your Varo bank to Zelle and transfer money from Varo to Zelle.
Table of Contents
What is Varo Bank?
Varo Bank is a mobile-only bank account app that uses cutting-edge technologies to assist customers improve their financial situation.
Varo Bank provides consumers with the following features in addition to an easy design and user experience:
- Safe and "branchless" banking
- Early direct deposit
- No monthly bank fees
- No hidden fees
- No minimum balances
- 55,000+ Allpoint® ATMs in places you already shop like Target, Walgreens, and CVS^
- High-yield savings accounts (click here for the current APY)
- Tools to help you build up your savings automatically, like Save Your Change and Save Your Pay
- Friendly Utah-based customer service available seven days a week (except federal holidays)
- Contactless payments with your Varo Bank debit card
Varo Bank Accounts are offered by Varo Bank, N.A., and deposits are protected by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 through Varo Bank, N.A; Member FDIC.
Early access to direct deposit funds is dependent on the payer's timely deposit submission.
Varo usually post such deposits the same day they arrive, which could be up to two days before the payer's scheduled payment date.
Non-Allpoint ATM owners may impose a fee for ATM withdrawals, however at over 55,000 Allpoint ® ATMs, Varo does not. Varo costs $2.50 for cash withdrawals made at non-Allpoint® ATMs.
What is Zelle?
Zelle® is a simple method to send money from almost any U.S. bank account to almost any other U.S. bank account in minutes.
You may send and receive money with more people fast, safely, and easily with just an email address or a mobile phone number, regardless of where they bank.
How Does Zelle Work?
Zelle® is a convenient way to send money to friends and family, even if they don't have the same bank account as you. It's also in a lot of financial apps, including yours! If your bank or credit union doesn't yet offer Zelle®, don't worry: you can still use the Zelle® app until they do.
Does Varo Work With Zelle?
Yes, Varo does work with Zelle.
You can use the Zelle® mobile app to link your Varo Bank Visa® Debit Card and receive Zelle® transfers into your Varo Bank Account.
Zelle is one of the most widely used payment apps in the United States.
The most appealing feature of Zelle is its ability to integrate with other popular financial apps including Varo, Chase, Bank of America, Ally, Capital One, U.S. Bank, and Wells Fargo.
To use the features, you do not need to download the Zelle app. Zelle can simply be added as an extra feature to the existing banking app.
Users can send money from one bank to another using Zelle without having to hold the funds on another platform. A similar feature is available in the Zelle mobile app.
Can I Use Zelle With Varo?
Yes, you can use Zelle with Varo.
In order to use Zelle with Varo, you must link your Varo debit card to Zelle mobile app.
How to Link Varo Bank to Zelle
Linking your Varo bank to Zelle will let you fund your transactions via Zelle with your Varo checking account balance and transfer money from Varo to Zelle.
Here's how to link Varo to Zelle.
- Open Zelle App.
- Go to "Settings."
- Select "Account."
- Choose "Switch Accounts."
- Enter your Varo debit card details.
- Tap "Continue."
- Enter your Address.
- Finally, tap "Continue." to link your Varo bank to Zelle.
How to Transfer Money From Varo to Zelle
To transfer money from Varo to Zelle, you will first need to link your Varo debit card to Zelle.
Once linked, you can use your Varo debit card as a funding source for your transactions with Zelle.
This means, whenever you make a transaction with Zelle, money will be deducted from your Varo checking account.
Final Thoughts
Zelle is an online money transfer app that is integrated with over 200 banks and credit unions.
Varo is one of the banks supported by Zelle and users can link their Varo bank account to Zelle via their Varo debit card.
References:
https://support.varomoney.com/hc/en-us/articles/115011612568-What-is-Varo-Bank-
https://support.varomoney.com/hc/en-us/articles/360000209346-Does-Varo-Bank-work-with-Zelle-
https://www.zellepay.com/faq/what-zelle
https://www.zellepay.com/how-it-works