Discover the Process for Applying for the Varo Believe Card

If you’re looking to establish or improve your credit in the U.S. securely and without unexpected fees, the Varo Believe Credit-Builder Card could be just what you need.

Essential Information

Varo Bank is a financial technology company that provides banking services that are more accessible, completely digital, and free from the typical fees associated with traditional banks.

With a customer base of over 4 million, Varo provides a cost-free checking account, early access to direct deposits, cash advances, fixed-rate personal loans, and the secured credit card.

The Varo Believe is a legitimate credit card—not a prepaid one—that cardholders can use for their daily purchases. It’s supported by a security deposit that’s moved from your checking account into a dedicated secured account.

The deposited amount acts as your spending limit. So, if you put in $400, that’s your budget for the billing period.

This card has no annual fee, offers 0% APR, and doesn’t charge foreign transaction fees. To prevent debt, the Varo app enables Safe Pay automatically, which sets aside the necessary funds and pays off your entire statement each month.

Varo reports your payment history to all three major credit bureaus in the United States: Equifax, Experian, and TransUnion.

Users typically see an average increase of over 40 points in their credit score within the initial 3 months of responsible use.

Varo does not conduct a hard credit check. This is because the card’s main goal is to assist in building or rebuilding credit.

Eligibility Criteria

The Varo Believe Card is accessible to a variety of individuals, specifically tailored to accommodate diverse financial backgrounds.

Here are the criteria:

• Have an active Varo bank account. The account is free and can be opened through the app.
• Receive at least $200 in eligible deposits (salary, external transfers, etc.) within the last 31 days.
• Have no negative balance in your Varo account and no delays in the “Varo Advance” feature.

When you fulfill the requirements, the Varo app will send you an invitation to apply for the Believe Card.

This means you won’t have to search for an “Apply” button on the site — the application will show up automatically when you qualify.

One important point: there’s no traditional credit check (no hard pull). This is excellent for those just beginning or anyone looking to prevent a temporary drop in their score.

How Can I Apply for the Varo Believe?

The first step to obtaining the card is, naturally, to establish a Varo account if you haven’t done so already:

• Get the Varo Bank app from the App Store or Google Play.
• Opening an account is completely free and digital.
• After registering, wait for the necessary deposits to come in for qualification.

Once you meet the criteria, the Varo app will automatically notify you to apply.
Simply follow the prompts on your device.

After getting approved, you will activate your card and transfer the desired amount to the secured account—this sets your credit limit.

• For instance: If you transfer $300, your limit will be $300.
• The highest billing cycle limit is $10,000.

Use the card normally to build your credit. At the end of each billing cycle, your statement gets paid off, and your positive credit behavior is reported to credit bureaus.

Additional Information

Within the app, Varo provides your VantageScore 3.0 at no cost. Many users with no credit history can build a score in under 30 days.

Those who already possess a score typically experience an average boost of over 40 points within just 3 months if they use the card wisely — that’s what most users have reported.

Varo is a certified bank in the U.S. with national charter status since 2020, offering FDIC insurance up to $250,000 per customer, robust encryption, and dependable digital assistance.

The Varo Believe card operates on the Visa network, making it widely accepted throughout the U.S. and internationally.

Interested in another choice?

If you’re seeking another secured credit card in the U.S., consider Current, a digital bank offering similar benefits.

Its terms are quite similar, making it an excellent everyday choice. Don’t forget to see how to apply.

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