The benefits of a free debit card

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In a fast-paced digital world, it's no surprise that free debit cards have swooped in to replace the need to carry cash or those clunky old checkbooks. With just a simple swipe, insert, or tap, a free debit card makes banking on the go a breeze by giving you direct access to the cash in your bank account without relying on borrowed funds like a credit card.

Here, we’ll explore the benefits of using a free debit card for everyday transactions, and how Varo’s no fee debit card can help you unlock hassle-free purchases with your Varo Bank Account.

Make cashless purchases with ease

No more fumbling through your wallet for cash at the register or digging out your checkbook to make payments—it’s time to step up your game with easy, cashless transactions. 

With your trusty debit card at your fingertips, you can seamlessly make purchases at most retailers, venues, and service providers. On the off chance you still need a quick cash fix, there are no fees to withdraw cash from your Bank account at 40,000+ free ATMs using your no fee Varo debit card1.

Go digital for added convenience

Prefer to leave your debit card at home and use your phone to shop? Simply save your free virtual debit card to your Apple® Wallet or Google® Wallet to make fast, secure payments wherever digital wallets are accepted.

As an added bonus, you can usually store your virtual debit card info securely on trusted vendor sites to make easy purchases and bill payments with just a few clicks. No more need to go find your card every time you’re ready to hit that checkout button!

Access to your funds with no debt or interest

Unlike credit cards, free debit cards give you direct access to the cash you already have on hand in your bank account. Every purchase deducts money instantly, which can be a big help if you’re trying to only spend what you can afford without racking up debt. 

Plus, since you’re not borrowing money, there are no monthly interest charges on purchases. You’re in full control of your funds with a direct line to your own money. 

No credit score? No problem

You don’t need a shining credit score or a long credit history to get a free debit card. Opening a bank account with a debit card can provide a safe haven for managing your money without any restrictive credit requirements.

Even better? Applying for a Varo Bank Account with no fee debit card included won’t impact your credit score. Period. And, if you’re just embarking on your credit-building journey or looking to give your credit score a boost, the Varo Believe Credit-Builder Card can be a great place to start2.

Stay one step ahead with security

Get the peace of mind you deserve with built-in security that protects both your hard-earned money. Nowadays, most debit cards come equipped with embedded microchips that generate dynamic data, making them extremely difficult to counterfeit.

Here’s how Varo’s no fee debit card helps you shop confidently with your privacy protected:

• When you bank with us, your personal information stays your personal information with industry-standard encryption.

• Lost your debit card? Lock it instantly and block transactions from your Varo app while you wait for a replacement, no sweat. 

• Notice any fishy business? Your Varo debit card’s Visa® Zero Liability5 policy protects you from any unauthorized charges.

Track your spending with ease

Going slightly overboard with spending happens to even the best of us, especially when partaking in a little retail therapy or a night out on the town. Fortunately, using a debit card can help you quickly and easily keep track of every purchase you make.

With the Varo app, you can track your debit card transactions effortlessly. Realtime mobile alerts make it even easier to keep an eye on your account and help avoid any surprises later.

Stay on top of budget goals and bills

Tired of going slightly over-budget or paying late fees each month? Manage your money better by knowing exactly where it’s going whenever you use your debit card. You may even gain some pretty solid insight into where you can cut back to stay on track with your monthly budget goals. 

Setting up automatic bill payments with your debit card can also help you say goodbye to those pesky late fees that drain your cash flow. Enjoy the peace of mind that crucial expenses like rent, utilities, phone bills, and streaming services have been automatically crossed off your list.

Earn more from everyday spending

Want to save a little extra every time you spend a little? I mean, who doesn’t? Automatic savings tools like Varo’s Save Your Change can help you grow your savings whenever you use your no fee debit card.

It’s this easy—turn on Save Your Change and we’ll round up to the nearest dollar, then transfer the spare change from your Varo Bank Account to your Savings Account. 

Embrace the freedom of Varo’s no fee debit card

Why settle for less when you can embrace the freedom of a no fee debit card? And forget waiting—you can start taking advantage of your debit card instantly.

 After opening a Varo Bank Account, it’s easy to activate your debit card:

• Open the Varo app, and look for the “Early access to your card” screen.4

• Tap “Yes, I want early access”.

• Move money into your account.

• Start spending using your digital card in your Apple® Wallet or Google® Wallet.

Get ready to enjoy all the benefits of hassle-free banking with a no fee debit card from Varo today!

Unless otherwise noted above, opinions, advice, services, or other information or content expressed or contributed by customers or non-Varo contributors do not necessarily state or reflect those of Varo Bank, N.A. Member FDIC (“Bank”). Bank is not responsible for the accuracy of any content provided by author(s) or contributor(s) other than Varo.

1 No fee at U.S. based Allpoint® ATMs. $3.50 fee for cash withdrawals at all out of network & international ATMs. 3rd-party ATM fees may apply. Fees will be charged to the Varo account used for each transaction.

2 Varo Believe is a secured credit card designed to help you build credit; however, a variety of factors impact your credit and not all factors are equally weighted. Building credit may take time and Varo Believe may be able to help when you consistently make on-time payments.

3 You must notify Varo Bank immediately of any unauthorized use. See terms for specific restrictions, limitations and other details.

4 Some customers will have immediate access to a digital debit card, which you can use for online purchases, or add to your digital wallet. For security and privacy reasons, digital cards are not available to all customers.  

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