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(Deal Is Back) Get Up to $130 Bonus When You Open a New Varo Account

DDG
DDG

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varo bonus

$130 Bonus When You Open a New Varo Account

Varo is a mobile banking platform with no monthly service fee, no minimum balance and no foreign transaction fees. While that’s not really ground breaking, a $130 bonus makes it more interesting. You can currently get bonuses of $120 to $130 from MyPoints, Swagbucks and Upromise. Let’s take a look at the details.

Update 6/13/22: Deal is back on Swagbucks. HT DDG

The Offer

Open a new Varo bank account and make a deposit of at least $25 to earn the welcome bonus. Search for Varo at each site to find the offer.

Mark’s Experience

Wanted to update you all with my personal experience. I signed up in December going through Swagbucks.

  • Opened Varo account with $25 deposit on 12/22/21
  • 12,000 Swagbucks posted to my account on 1/7/22 (quicker than expected)

I cashed them out via PayPal and then withdrew my $25 from my Varo account.  Pretty easy bonus all around and I don’t think I should get a 1099 for it like with regular bank bonuses because it was issued via Swagbucks. But that is just a guess on my part and I an not a tax professional.

Key Terms

  • Offer only valid to new Varo Bank users. If you’ve previously installed the Varo Bank App you are ineligible for this promotion.
  • You must use the same email address associated with your MyPoints/Swagbucks/Upromise account.
  • Must enter valid sign-up information, SSN, and account funding information to earn bonus.
  • Offer may only be redeemed once (1) per user.

Conclusion

This is the best signup bonus we have seen for a new Varo account. It’s worth doing if you don’t have an account already. All you need to do to get the bonus is create an account and make a deposit of at least $25. That’s as easy at it gets for bank bonuses.

Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.

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DDG
DDGhttp://dannydealguru.com
Based in NYC. Points/miles enthusiast for years and actively writing about it for the last 6+ years at Danny the Deal Guru. I'm always looking out for deals. Making a few bucks is always nice, but the traveling is by far the best part of this business.

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

3 COMMENTS

  1. Thank you, MtM. With a healthy amount of skepticism, I revived my SB account to try and do this. Much to my surprise, I got the 12,000 SB and am in the process of redeeming those points.

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At Miles to Memories we share the best tips, tricks and deals plus travel rants, musings, hotel, airline and loyalty program reviews and a lot more! Our goal is to help people save money so they can get out there and travel the world! Through our various blog posts, podcasts & videos we teach others how to maximize loyalty rewards, hotel & airline programs and credit cards to achieve amazing things.

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