Explore How to Apply for the Varo Believe Card
Varo Believe genuinely embodies its name, symbolizing a path for the world to trust in you — and to provide you with the credit that you justly deserve.
Looking to build or repair your credit in the U.S. without any hidden fees? The Varo Believe Credit-Builder Card might be exactly what you’re after.
Key Details
Varo Bank is a fully digital banking service that offers straightforward banking solutions online, free from traditional banking fees.
CREDIT CARD
Varo Believe Card
* You will be directed to an external website
With a customer base exceeding 4 million, Varo offers a no-fee checking account, early direct deposits, cash advances, personal loans at fixed rates, and a secured credit card.
The Varo Believe is a genuine credit card—not a prepaid one—enabling users to make everyday purchases. To use it, you must transfer a security deposit from your checking account into a separate secured account.
Your spending limit is determined by the amount you deposit into the card’s secured account. For instance, if you deposit $400, then your spending limit for that billing cycle will also be $400.
This card charges no annual fee, provides 0% APR, and doesn’t have foreign transaction fees. To help avoid accumulating debt, the Varo app employs Safe Pay, ensuring you have funds set aside to cover your full statement each cycle.
Varo provides your payment history to all three major credit bureaus in the U.S.: Equifax, Experian, and TransUnion.
Many users have experienced an average boost of over 40 points in their credit scores within the initial three months of responsible use.
Varo does not perform a hard credit check as the card is designed to help build or rebuild credit.
Criteria for Eligibility
The Varo Believe Card is designed for a wide range of users, specifically crafted to suit various financial circumstances.
Below are the eligibility criteria:
- Keep an active Varo bank account. This is free and can be opened through the app.
- Have $200 in eligible deposits (salary, transfers, etc.) over the last 31 days.
- Maintain good standing in your Varo account with no negative balance and no issues with the Varo Advance feature.
If you meet these criteria, the Varo app will automatically send you an invitation to apply for the Believe Card.
You won’t have to search for an ‘Apply’ button on the website— the application will appear as soon as you qualify.
Another key point: there’s no traditional credit check (no hard inquiry). This is a great advantage for beginners or anyone wanting to avoid a temporary drop in their score.
What’s the Process to Apply for the Varo Believe Card?
The first step to getting the card is to set up a Varo account if you haven’t done that yet:
- Download the Varo Bank app from your app store.
- Setting up an account is totally free and online.
- Once your account is active, wait for the required deposits to qualify.
As soon as you meet the criteria, the Varo app will send you a notification to apply.
Just follow the instructions on your device.
Once approved, you can activate your card and deposit funds into your secured account to establish your credit limit.
- Example: Deposit $300? Your limit equals $300.
- The maximum limit per billing cycle is $10,000.
Use your card regularly to enhance your credit. At the end of each billing cycle, your balance resets, and your positive payment history is reported to credit bureaus.
CREDIT CARD
Varo Believe Card
Searching for a trustworthy daily card? Apply now.
GO TO OFFICIAL WEBSITE* You will be directed to an external website
Further Details
In the app, Varo gives you your VantageScore 3.0 for free. Many users without a credit history can build a score in less than 30 days.
Users with existing scores often see an average increase of over 40 points in just three months when they use the card wisely — many users have reported this.
Varo is a licensed bank in the U.S., holding national charter status since 2020. They offer FDIC insurance up to $250,000 per customer, strong encryption, and reliable digital support.
The Varo Believe card utilizes the Visa network, making it a popular option for purchases both in the U.S. and internationally.
Interested in another choice?
If you’re on the lookout for another secured credit card in the U.S., Current is a digital bank that offers a comparable option.
The conditions are quite alike, and it’s a great option for everyday spending. Discover how to apply.
