Varo Money: $126 Sign Up Bonus (iOS & Android), Direct Deposit Not Required

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Update 4/22/22: $120 deal is back again.

Update 10/18/21: Offer has increased now to 12,000 on Swagbucks (worth $120) or 20,000 on MyPoints (worth $126-$132). Swagbucks Link | MyPoints Link

Offer at a glance

  • Maximum bonus amount: $75
  • Availability: Nationwide
  • Direct deposit required: No
  • Additional requirements: Deposit $25+
  • Hard/soft pull: Soft pull
  • ChexSystems: No
  • Credit card funding: Unknown
  • Monthly fees: None
  • Early account termination fee: None
  • Household limit: None
  • Expiration date: None

The Offer

Available on Swagbucks

  • Varo Money is offering a bonus of $75 when you open a new account and complete the following requirements:
    • Deposit $25 or more

The Fine Print

  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about

Early Account Termination Fee

There is no early account termination fee.

Our Verdict

Nice thing about this bonus is no direct deposit is required. We’ve previously seen a bonus of $100 but that required a direct deposit and the standard bonus is $75 with direct deposit. I think this is probably a better deal for a lot of people and I will add it to the best bank account bonuses.

Hat tip to @AddingPennies & G

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