# Varo High-Yield Savings Account: 3.75% APY

Canonical: https://dealaka.com/offers/varo-high-yield-savings-account-rate

- Status: Limited reports
- Bonus: 3.75% APY
- APY: 3.75% (ongoing APY, conditional on monthly qualifications)
- Requirement: Direct deposit $1k+/mo, positive balance
- Expires: no published end date
- Availability: Nationwide
- Institution: Varo
- Verified: Aug 19, 2026 against varomoney.com
- Field reports: 0

## Summary
Varo's savings account earns 3.75% APY on balances up to $5,000 and 1.00% APY on amounts above that, when you receive at least $1,000 in direct deposits monthly and end each month with a positive balance. Without meeting these qualifications, the rate drops to 1.00% APY on the full balance.

## Requirements
1. Receive direct deposits totaling $1,000 or more each month.
2. End the month with a positive balance in all your Varo accounts.

## Fine print that matters
- Annual percentage yield (APY) is accurate as of July 1, 2026.
- Rates subject to change at any time.
- Start earning 1.00% APY, then qualify to earn 3.75% APY on your balance up to $5,000.00 next month by receiving direct deposit(s) totaling $1,000 or more and ending the month with a positive balance in all your varo accounts.
- Without the monthly qualifications the rate is 1% APY.

## Sources
- varomoney.com rate page <https://www.varomoney.com/> (checked Aug 19, 2026)

_This entry is reference information, not financial advice. Confirm current terms on the institution's site before you apply._