It is not often an easy task to wait for the next payday before being able to receive the money you worked so hard for. Thanks to Cash Advance Apps that work with Varo, you will be able to receive your payments even before the next payday without any problem.
Individuals who are impatient to get their salaries, are turning to online banks and cash advance apps for advance loans.
Cash Advances are becoming more common in financial institution like Varo.
Varo is a well known mobile banking solution that provides online banking mostly without charges through its own bank. With Varo, you can enjoy its own advance facility which lets you borrow up to $100.
If your cash get exhausted between pay cycles, cash advance apps can be a more cost effective solution for you. Traditional banks incur costs of up to $35 each overdraft.
Most cash advance apps do not impose overdraft fees and instead rely on tips or subscriptions fees to make money.
The most popular cash advance apps that you will find on the market are Dave, Money Lion, Earning, Albert, Cleo and other popular cash advance apps.
Varo's own cash advance option lets you borrow up to $100 is available. If the advance amount is more than or equal to $50, there is a minor flat cost of $3 to $5.
Dave is a cash advance app that evaluates your eligibility for a short term loan based on your banking history instead of your credit score.
Individuals that bank with Varo may be wondering what cash advance apps work with Varo. Well this article compiles the best cash advance apps that work with Varo.
Table of Contents
What is Varo Bank?
Varo is simply referred to as a mobile-only bank account app that uses cutting-edge technologies to assist customers improve their financial condition.
In addition to an easy design and user experience, customers of Varo bank enjoy the following features:
- Contactless payments with your Varo bank debit card.
- Safe and "branchless" banking
- Early direct deposit
- No monthly bank fees
- No hidden fees
- No minimum balances
- Friendly Utah-based customer service which is available 7 days a week - except federal holidays
- Tools to help you build up your savings automatically, such as save your changes or save your pay
- More than 55,000 Allpoint ATMs in places you already shop like Target, CVS and Walgreens.
- High yield savings account.
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 via Varo bank, N.A; Member FDIC.
Non-Allpoint ATM owners may impose a fee for ATM withdrawals but at more than 55,000 Allpoint ATMs, Varo does not.
For any withdrawal that you make at non-Allpoint ATMs, Varo charges you with a fee of $2.50.;
ALSO READ: How To Borrow Money From Varo [Complete Guide].
What Are Cash Advance Apps?
Cash advance apps are apps that lets you deposit money into your bank account that you have already earned before your due payment date. Most at times, these apps are free or demand a small fee, but there is no interest charged on the loans. These actually stand as a cheaper option to payday loans or even credit cards, even with the upfront costs.
Cash advance apps can come as a great aid to consumers who are struggling with cash flow by providing a way for them to break the paycheck-paycheck cycle.
Do Cash Advance Apps Work With Varo?
Yes! Cash advance apps that work with Varo include Dave, MoneyLion, Earnin, Albert, Cleo, Branch, Klover, Varo advance and many others. But it is necessary you know that the choice you will make depends on how much you will want as a cash advance to be deposited to your bank account.
Cash Advance Apps That Work With Varo
Below are the various cash advance apps that work with Varo alongside the maximum cash advance that you can get from these apps.
| Cash Advance App | Works With Varo | Max cash Advance |
|---|---|---|
| Empower | Yes | $250 |
| Cleo | Yes | $100 |
| MoneyLion | Yes | $250 |
| Branch | Yes | $500 |
| Dave | Yes | $100 |
| Albert | Yes | $250 |
| Klover | Yes | $100 |
| Varo Advance | Yes | $100 |
Does Empower Work With Varo?
Yes! Empower is a popular cash advance app that works with Varo and allows you a cash advance of up to $250 via the app.
What is Empower?
Empower is a mobile application developed for nowadays generation. They help you better manage your finances regardless of what comes your way by allowing you to borrow money.
Empower offers eligible members (with a checking account) and interest-free advance of up to $250.
Before being eligible, you must first of all meet certain criteria such as a good current account balance, frequent employment payments, and a history of balances. You will also need a monthly subscription of $8.
How to Link Varo Bank to Empower
- Open the Empower app.
- Go to the home page of your app and then scroll down to the accounts section.
- Click on the + icon found at the upper right.
If you cannot find Varo money in the list, you can search for it by tapping the magnifying glass in the upper right corner.
Does Cleo Work With Varo?
Yes!, Cleo works with Varo and there have been no reported issues with linking a Varo bank account to Cleo. Before being able to to link your Varo bank account or debit card to receive cash advance, you must first subscribe to Cleo's Plus Service which cost $5.99 per month.
How to Link Varo to Cleo
- The first thing you will need to do is to withdraw all the money into the account attached to your Wallet by saying "Withdraw $amount" to Cleo. It will take 4 business days for your money to withdraw.
- Then say "Wallet" to Cleo and hit "View" but if you are in the app, hit "Manage Wallet".
- Tap "Update bank" and Cleo will give you the option to link an existing bank to your Wallet or to add a new account to Cleo via Plaid.
- Next, you now have to add your Varo money account to Cleo.
It is necessary you have in mind that any account connected to your Cleo Wallet must already be linked to your Cleo account. This account will now hold the money you manually move in and out of your Cleo Wallet, as well as all of your autosaves.
What is Cleo
With Cleo, you are able to obtain a salary advance. This is its response to exorbitant overdraft fees and the scary-expensive world of payday loans; its part of Cleo plus, the smartphone subscription service.
Once you meet up with the required criteria, Cleo may be able to provide you with a no- interest advance of up to $100 to assist you in staying out of your overdraft.
You select your repayment date, which can be anywhere between 3 to 28 days, and pay back when the day comes.
Subscription to Cleo Plus costs $5.99 a month and the amazing news is that, it has zero effect on your credit score.
In the free version of the app, you will enjoy Cleo's budgeting tool and digital wallet, as well as a weekly quiz with the potential to win cash prizes, but you will not be able to get a salary advance.
Does MoneyLion Work With varo?
Yes! MoneyLion works with Varo and you should not encounter any challenges when linking your Varo bank account to MoneyLion. MoneyLion members are able to get cash advances of up to $250 at 0% APR.
In order to link your Varo account to MoneyLion, you have to select "Link an account" from the "Finances" menu at the bottom of the MoneyLion screen. Choose Varo bank from the option or simply search for it using the search bar.
MoneyLion only offers cash advance to users who are eligible based on the following criteria;
- Bank account has been active for at least 2 months
- It has a positive balance
- Receives regular deposits of income or paychecks
What is MoneyLion?
Money is a new sort of banking that provides you more so that you can get paid right away. With Instacash, you may acquire $250 loan at any moment with no interest.
All you will have to do is to apply and link your checking account to obtain 0% APR cash advances up to $250 so as to help you manage essential and unexpected expenses.
RoarMoney also offers convenient options to borrow, save, invest and make money, including the ability to receive your paycheck up to 2 days earlier.
ALSO READ: How to Get Free Money on PayPal Instantly [15 Legit Ways].
Does Branch Work With Varo?
Yes Branch can work for Varo users but there is a set back. If you bank with Varo, you will be required to put your direct deposit in your Branch Wallet in order to qualify for an advance, according to the Branch Support Page.
In order to add Varo to Branch, tap "Settings", and then "Payment Methods". You can add a new bank or card at the bottom of the payment Methods page. Select "Bank" and Varo from the "Add Bank or Card" menu.
What is Branch?
Branch is an a[p the U.S residents with a digital app.
This get paid app is an on demand center that helps employees meet their everyday financial demands by letting them receive a payroll advance (up to $500 in earned wages every paycheck), monitor their cash flow and spend anywhere all from their smartphone.
Does Dave Work With Varo?
Yes! Dave works with Varo and you should not encounter any difficulties when linking your Varo bank account to Dave.
A Dave user can obtain up to $100 advances at no cost.
How to Link Varo to Dave
- On the Dave App, move to Profile tab.
- Next tap linked Banks and Card.
- Next select Change Bank and follow the prompts.
What is Dave?
Dave is an internet banking platform that takes a unique approach to overdraft costs by letting customers pay for charge protection.
With more than 7 million users, Dave actually stands tall as one of the most popular cash advance apps.
Does Klover Work With Varo?
Yes, Klover does work with Varo and of course you should not encounter any difficulties when linking your Varo bank account to Klover.
Klover members are able to get up to $100 in cash advances for free.
In order to get a cash advance, you can add your Varo Bank account to the Klover app and meet the direct deposit requirement.
How to Link Varo to Klover
- Log in and move to the "Profile" icon on the dashboard
- Select "Bank" and "Remove"
- Select "OK" to confirm that you will be removing your bank account and debit card (your debit card will automatically be unlinked as soon as you remove your bank account)
- Use Plaid (our third-party) to log in to Varo Money
- Continue to add your debit card
What is Klover?
Klover is a simple app that provides cash advances as well as more financial services like expenditure analytics and overdraft protection.
If your bank is supported by Klover then it is worth you download it for free.
Klover features a unique business model in that it does not charge interest, fees, or credit checks.
This platforms makes its own money by showing you personalized advertising based on your preferences.
In order to be eligible for a paycheck advance, you must have at least 3 direct deposits. The amount of money you can borrow varies between $100 and $500.
ALSO READ: How To Borrow Money From Chime [Complete Guide].
Does Earnin Work With Varo?
No! Earnin does not work with Varo due to the fact that Varo lets users to receive their paychecks up to 2 days early, making it difficult to specify a fixed payday.
As a result of this, Earning as mentioned Varo as one of the banks they do not support on their website.
Does Brigit Work With Varo?
No! Brigit does not work with Varo due to connectivity issues.
More to that, Brigit does not support Capital One, Netspend or Chime.
Does Albert Work With Varo?
Yes!, Albert does worj with Varo and you should not encounter any difficulties when connecting your Varo bank account to Albert.
You can be approved for up to $250 per advance with Albert instant eligibility.
How to Link Varo to Albert
- Go to the Overview tab
- Tap the Plus sign
- Select Varo Money or Search for it by name if its not already listed.
- Now enter your financial institution account details.
What is Albert?
Albert is a cash advance app that will provide you with a cash advance ranging from $100 to $250, with respect to your income.
Just like a few others, it operates om a subscription basis, charging $3.99 each month and charging no interest or late fees.
You must also pay a $4.99 delivery fee if you wish to advance immediately.
With Albert, there are no late fees, interest charges, credit checks or hidden fees in your wallet.
Varo Advance
Varo on its own can also provide you with a cash advance of up to $100, but with respect to the amount of advance, there is a little cost. It costs $3 for $50, $4 for $75 and $5 for 100.
Below are the eligibility requirements:
- Your Varo bank account must be active for at least 30 days and have no negative balances.
- In the past 31 days, you must have received at least $1,000 in direct deposits to your bank account, savings account or both.
When you use Varo advance, you can decide to setup automatic payments directly from your Varo bank account.
Final Thoughts on Cash Advance Apps That Work With Varo
It is not often an easy task to wait for the next payday before being able to receive the money you worked so hard for. Thanks to Cash Advance Apps that work with Varo, you will be able to receive your payments even before the next payday without any problem.
There are many cash advance apps that work with Varo and this is a great option for those that bank with Varo. As soon as you link these apps to your Varo account, they will be able to give you cash advances depending on whether or not you meet their eligibility requirements.
Frequently Asked Questions
Can you get cash advance with Varo?
You can get cash fast with a traditional cash advance, but typically it's an expensive way to borrow money. Varo Advance lets you borrow at the tap of a button once you qualify. You'll first have access to a $20 advance, which is free.
Can you get a loan with Varo?
Yes you can borrow money from Varo provided you meet up with their eligibility requirements.
What loan can I get with Varo Bank?
With Varo Advance, you can get a cash advance of up to $100 right in the Varo Bank app once you qualify.