Bank with Varo: Earn $30 with $25 deposit

Direct link to SwagBucks offer

Varo is a mobile banking platform with no monthly service, minimum balance or foreign transaction fees. With access to over 55,000 ATMs worldwide, you can worry less and enjoy life. Try Varo to see how you can get no hidden banking fees and tools to help you save automatically. Varo bank account services provided by The Bancorp Bank; Member FDIC. Open a Varo bank account and make a deposit of at least $25 to earn 3,000 SB.*

This is another EASY $30 you can earn from SwagBucks. Setup an account with Varo with all of your usual personal information that a bank would need, then transfer $25 via plaid from your normal bank. They’ll honor your transfer right away so you can spend online with your new bank, your card will arrive in the mail within a few days and you’ll be able to spend that way as well.

Should you take your money out?

That’s up to you in the long run but I like Varo a lot after using it. It has a really nice interface, it’s easy to use and this is the best part, 1.21% APY! If you want to use Varo as your primary account you can get 2.8% APY by doing the following.

• Make at least five Varo Visa® Debit Card purchases in each calendar month,
• Receive total direct deposits of $1,000 or more in the same calendar month, AND
• Keep a daily Savings Account balance up to $10,000. You read that right. We have a $10,000 daily maximum to earn our higher APY, but no minimum balance requirement.

I’m not ready to make Varo my main bank account… yet… but I may get around to it. The only thing that would be hard for me is to do the 5 purchases a month as I like to use my Amazon Chase card that gives me up to 5% back in points to use on Amazon.com. I am still tempted because I recently won their sweepstakes that they had running on their Instagram page and got $200 deposited to my account!

Who do you bank with? Are they earning your business?

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