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Chime vs. Varo Comparison

Compare providers side-by-side, allowing for easy comparison of features, rates, and terms. The comparison tool encourages individuals to thoroughly review all aspects of each service before making a smart financial decision.

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Online Banking

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Online Banking

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Good For
No Monthly Fees or Minimum
Good For
Rising Star In Online Banking
Account types
  • Checking
  • Savings
  • Money Market Deposit Account (MMDA)
Account types
  • Checking
  • Savings
Pros
  • No monthly fees or minimum balance requirement
  • People can repair their credit history
  • Access to 60,000+ fee-free ATMs
  • User-friendly mobile app
  • No overdraft fee
Pros
  • Good savings account APY
  • No monthly fees
  • Trusted online bank
  • No minimum deposit or account balance requirements
Cons
  • cons No physical branches
  • cons Daily and weekly maximum limits
Cons
  • cons Not too many different account options
  • cons No physical branches
Min Deposit
No minimum
Min Deposit
Min APY Savings
2
Min APY Savings
3
ATM Network
60,000+
ATM Network
55,000+ nationwide
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