BankingBusiness

Varo Bank: Unveils credit building card programme

  • Varo Bank, the first all-digital nationally chartered bank in the US introduced the Varo Believe Program
  • The Believe Program aimed at the 45 million Americans who are “credit invisibles”
  • The Varo Believe Program a new kind of credit card program that linked to a Varo bank account to help avoid runaway debt
  • The card reserves the money spent from a linked Varo bank account in real-time into a secure Vault Account
  • The Varo Believe Program a unique credit building program with no upfront security deposit
  • Varo reimagines the traditional banking experience by offering all-digital premium banking products
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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