In the dynamic realm of fintech, where innovation reigns supreme, Varo and Zelle have emerged as trailblazers, revolutionizing the way we handle our financial lives. But yet, does Varo work with Zelle? That's what we'll be seeing today.
Varo is an online-only bank that offers a variety of features, including a checking account, savings account, debit card, and cash advance.
Whether you're looking for a flexible online bank account or a fintech service to borrow money from, Varo should probably be one of your top options.
Zelle is a peer-to-peer (P2P) payment service that allows users to send and receive money instantly between linked bank accounts in the United States.
If you're using Varo for money transfers, you'll probably want to have Zelle linked to your account so as to expedite your transfers from one bank to another.
In this article, we'll see whether does Varo work with Zelle and of course, how you can transfer money from Varo to Zelle.
Table of Contents
Does Varo Work With Zelle?
It is official, Varo has partnered with Zelle to offer consumers a better and more convenient way to transfer money.
And of course, Varo does work with Zelle.
This means you can enroll with Zelle directly from your Varo app.
How Do I Enroll In Zelle At Varo?
Enrolling in Zelle at Varo is very easy. The best is, you can do so directly from the Varo app.
There's an eligibility criterium, though. You'll be required to have a qualifying direct deposit in the last 31 days to be eligible for this.
To enroll in Zelle at Varo:
- Log into your Varo app.
- Go to the "Move Money" section.
- Select Zelle and follow the prompts to enroll.
Can I Use Zelle If I Have Varo?
Of course, you can use Zelle if you have an account at Varo.
All you'll need to do is go to the "Move Money" tab and select Varo then follow the on-screen instructions to get started.
Alternatively, you can link your Varo Bank debit card to Zelle if you don't want to access Zelle through Varo.
How Do I Link Varo To Zelle?
If you don't want to enroll with Zelle through the Varo app, you can link your Varo Bank account to Zelle instead.
Linking your Varo Bank to Zelle will let you fund your transactions via Zelle with your Varo checking account balance and transfer money from Varo to Zelle.
To link Varo to Zelle.
- Open Zelle App.
- Go to "Settings."
- Select "Account."
- Choose "Switch Accounts."
- Enter your Varo debit card details.
- Tap "Continue."
- Enter your Address.
- Finally, tap "Continue." to link your Varo bank to Zelle.
How To Transfer Money From Varo To Zelle
To transfer money from Varo to Zelle, you will first need to link your Varo debit card to Zelle.
Once linked, you can use your Varo debit card as a funding source for your transactions with Zelle.
This means, whenever you make a transaction with Zelle, money will be deducted from your Varo checking account.
How Long Does Varo Zelle Take?
After your enrollment with Zelle, your Varo money transfers will arrive in your recipient's account within minutes.
Why Won't Varo Let Me Use Zelle?
According to Varo Support, there are a couple of reasons why you might not be able to use Zelle through Varo, which include:
- You have exceeded your daily and/or monthly limit.
- Your account and/or option to use Zelle may be suspended.
- Your recipient may not be enrolled in Zelle.
Where Is Zelle On My Varo Account?
Zelle is typically found under the "Move Money" tab of your Varo account.
You can access Zelle under this "Move Money" tab either through the Varo app or through the Varo website.
What is Varo Bank?
Varo Bank is a mobile-only bank account app that uses cutting-edge technologies to assist customers improve their financial situation.
Varo Bank provides consumers with the following features in addition to an easy design and user experience:
- Safe and "branchless" banking
- Early direct deposit
- No monthly bank fees
- No hidden fees
- No minimum balances
- 55,000+ Allpoint® ATMs in places you already shop like Target, Walgreens, and CVS^
- High-yield savings accounts (click here for the current APY)
- Tools to help you build up your savings automatically like Save Your Change and Save Your Pay
- Friendly Utah-based customer service available seven days a week (except federal holidays)
- Contactless payments with your Varo Bank debit card
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 through Varo Bank, N.A.; Member FDIC.
Early access to direct deposit funds is dependent on the payer's timely deposit submission.
Varo usually posts such deposits the same day they arrive, which could be up to two days before the payer's scheduled payment date.
Non-Allpoint ATM owners may impose a fee for ATM withdrawals, however at over 55,000 Allpoint ® ATMs, Varo does not. Varo costs $2.50 for cash withdrawals made at non-Allpoint® ATMs.
What is Zelle?
Zelle® is a simple method to send money from almost any U.S. bank account to almost any other U.S. bank account in minutes.
You may send and receive money with more people fast, safely, and easily with just an email address or a mobile phone number, regardless of where they bank.
How Does Zelle Work?
Zelle® is a convenient way to send money to friends and family, even if they don't have the same bank account as you. It's also in a lot of financial apps, including yours! If your bank or credit union doesn't yet offer Zelle®, don't worry: you can still use the Zelle® app until they do.
Frequently Asked Questions
Does Zelle work with Cash App?
No, Zelle does not work with Cash App. However, there are a couple of ways to send money from Zelle to Cash App.
How much can you withdraw from Varo?
You can withdraw up to $1,000 from an ATM per day.
Does Varo transfer money instantly?
Yes, now that Varo works with Zelle, you can transfer money instantly and straight into your recipient's bank account.
Final Thoughts
Zelle is an online money transfer app that is integrated with over 200 banks and credit unions.
Varo is one of the banks supported by Zelle and users can link their Varo bank account to Zelle via their Varo debit card.
References:
https://support.varomoney.com/hc/en-us/articles/115011612568-What-is-Varo-Bank-
https://support.varomoney.com/hc/en-us/articles/360000209346-Does-Varo-Bank-work-with-Zelle-
https://support.varomoney.com/hc/en-us/articles/10410928694292-How-do-I-enroll-in-Zelle-at-Varo-
https://www.zellepay.com/faq/what-zelle
https://www.zellepay.com/how-it-works