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Updated September 29, 2026 · VaultCue Editorial Team

Skrill vs Varo Visa® Debit Card

Skrill scores 9.0 and Varo Visa® Debit Card 9.2 out of 10. Compare their differences and shared features below.
Skrill

Skrill

9.0/10
Visit
Varo Visa® Debit Card

Varo Visa® Debit Card

Higher score in this comparison

9.2/10
See alternatives

Skrill vs Varo Visa® Debit Card: the differences

Skrill vs Varo Visa® Debit Card
CompareSkrillSkrillReviewVisitVisitVaro Visa® Debit CardVaro Visa® Debit CardReviewSee alternativesSee alternatives
Monthly fee€0$0
Licence typeE moneyBank
Deposit protectionEU DGS up to EUR 100,000FDIC up to USD 250,000
Currency conversion fee3.99%0%Lower
Transfer feeSkrill to Skrill 2.99% (min EUR 0.50); Skrill Money Transfer by bank transfer zero fees; international transfer up to 4.99% incl. exchange rate mark-upFree
Currencies47Not confirmed
Local account detailsNot confirmedUs ACH
Free ATM withdrawalsNot confirmed$0

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Key differences

  • Varo Visa® Debit Card scores higher overall: 9.2 vs 9.0.
  • Founded is lower at Skrill: 2001 vs 2015.
  • Skrill is licensed in 2 more countries.
  • Skrill is available in 3 more countries.
  • Currency conversion fee is lower at Varo Visa® Debit Card: 0% vs 3.99%.
  • Support channels: only Varo Visa® Debit Card offers Chat.

Our verdict on each

Skrill

Skrill suits expats, travellers and businesses who want many currencies and no monthly charge, with the monthly fee at €0 and 47 currencies. The trade-off is the pace and cost of moving money: international transfers land in 24 - 72 hours and conversion costs 3.99% on top.

Read the full Skrill review

Varo Visa® Debit Card

Varo Visa Debit Card suits US customers who want one card for everyday spending with nothing to pay each month and no charge for spending abroad. Money sits with a bank rather than an e-money wallet, and deposits are covered at FDIC up to USD 250,000.

Read the full Varo Visa® Debit Card review

Score breakdown

Skrill vs Varo Visa® Debit Card
AreaSkrillVaro Visa® Debit Card
Cost8.7Cost is the weak side: 3.99% to convert, a fee set on the amount sent for transfers, and a mark-up of 4.99% on international ones.9.4HigherMonthly fee $0 and conversion at 0% sit at the floor of the site's fee ranges.
Offer9.6HigherOffer is strong: 47 currencies, EU deposit protection of EU DGS up to EUR 100,000 and support on help centre, email and phone.9.1Support on email, chat and phone is solid, but the feature list under free atm, digital only and no credit check is short.
Trust8.99.0Higher

Availability and regulation

Skrill vs Varo Visa® Debit Card
CountrySkrillVaro Visa® Debit Card
United States
FDIC FDIC cert 59190
Ireland
IE_CBI PSD_EMI IE_CBI!C184986
Not confirmed
United KingdomNot confirmed

Available in 1 country for both. Additional countries for Skrill: 3.

Positions in our rankings

Skrill vs Varo Visa® Debit Card
RankingSkrillVaro Visa® Debit Card
Current and checking accounts4 of 88570 of 885

Every fact side by side

Skrill vs Varo Visa® Debit Card
FactSkrillVaro Visa® Debit Card
AudienceExpats, Travelers, BusinessNot confirmed
Pricing modelNo monthly feeNo monthly fee
FeaturesNot confirmedFree ATM, Digital only, No credit check
Legal entityPaysafe Payment Solutions LimitedVaro Bank, National Association
HeadquartersIrelandUnited States
Founded2001Lower2015
Support channelsHelp centre, Email, PhoneEmail, Chat, Phone, Help centreCovers more

Money transfer

Skrill vs Varo Visa® Debit Card
FactSkrillVaro Visa® Debit Card
Exchange rate markup4.99%Not confirmed
Delivery time24 - 72 hoursNot confirmed
Payout methodsBank, Card, WalletNot confirmed
Fee to send 1,000€0Not confirmed

Where each stands against the rest

Skrill vs Varo Visa® Debit Card
FactSkrillVaro Visa® Debit CardMedian
Currency conversion fee3.99%highest quarter0%below the median0.5%
Currencies47highest quarterNot confirmed5
Free ATM withdrawalsNot confirmed$0at the median$0

Median across 536 listed accounts.

Pros and cons

Skrill

Pros

  • The monthly fee is €0, the same as Starling Personal Account Debit Card at £0, so the wallet costs nothing to keep open.
  • The stated audience covers expats, travelers and business, so expats, travellers and businesses are the groups the service is built around.
  • 47 currencies sit in one wallet, well above the site median of 5.

Cons

  • Currency conversion costs 3.99%, against 0% at AXI Card Tarjeta y Credito and 0.5% at XTB.
  • An exchange rate mark-up of 4.99% can be added to international transfers on top of the fee.
  • The currency conversion fee ranking puts it at 297 out of 312, so exchange is the weak spot.

Varo Visa® Debit Card

Pros

  • The monthly fee is $0, so nothing is charged simply for holding the account open.
  • Currency conversion is charged at 0%, so card spending abroad carries no extra charge from the bank.
  • The fee on a transfer is listed as free, so paying money in and taking it out costs nothing extra.

Cons

  • The account is digital only, one of the features listed under free atm, digital only and no credit check, so there is no branch counter for anyone who prefers to bank in person.
  • Payments run on US ACH, us ach, so it is built for a US market rather than for readers who need IBAN or UK sort code details.
  • It is a US institution, US, so it suits readers whose money and bills already sit in US dollars rather than euros.

Who each suits

Skrill

Who it suits

  • Expats and travellers who need to hold and send money in several currencies, with 47 available.
  • Businesses paying suppliers abroad that want no monthly charge, since the monthly fee is €0.
  • People who want help on a stuck transfer, since support covers help centre, email and phone.

Who should look elsewhere

  • Readers who convert money often, since AXI Card Tarjeta y Credito charges 0% to convert against 3.99% here.
  • People hunting for the lowest exchange cost, who would find XTB's 0.5% conversion fee easier to weigh.

Varo Visa® Debit Card

Who it suits

  • US customers who want one Visa debit card for everyday spending with nothing to pay each month.
  • Travellers and anyone paid in another currency, since conversion is charged at 0%.
  • Customers happy to run the account from an app, which is how this account is set up.

Who should look elsewhere

  • Anyone who wants euro payments rather than US ACH: AXI Card Tarjeta y Credito, with a monthly fee of €0, sits closer to that.
  • Readers who want a wallet rather than a bank account: Skrill matches that shape of service better.
  • Anyone whose banking is not US based: XTB is worth a look, since these rails are US ACH, us ach.

Current offers

Skrill

Current offer

  • Bonus

    Final Score: Up to EUR 10,000 every week

    6 matches, 6 predictions; free to play; get all 6 right to win EUR 10,000; log in or register; T&Cs apply

    Source, checked September 26, 2026

Country by country

Skrill vs Varo Visa® Debit Card
CountrySkrillVaro Visa® Debit Card
BrazilYesNo
IrelandYesNo
United KingdomYesNo
United StatesYesYes

Questions about each

Skrill

How much does it cost to keep a Skrill account?+

The monthly fee is €0 and the account is sold as no monthly fee, so holding the wallet costs nothing each month. A bank transfer through Skrill Money Transfer is free, while a transfer to another Skrill wallet takes a fee set on the amount sent and an international transfer can cost more.

What does it cost to change currency?+

Converting between currencies costs 3.99%, and an exchange rate mark-up of 4.99% can apply on international transfers on top. AXI Card Tarjeta y Credito lists 0% for conversion and XTB lists 0.5%, so a wallet holding a single currency costs far less to change.

Varo Visa® Debit Card

Is there a monthly fee on the Varo Visa Debit Card?+

No. The monthly fee is $0, so holding the account open costs nothing each month. It is a US bank account with a Visa debit card attached, and no monthly fee is the most common pricing model in the everyday accounts group, so the price of simply keeping it is the least of the things to check.

What does it cost to spend in another currency?+

Currency conversion is charged at 0%, so the card adds no margin of its own on a purchase made abroad. That is the main reason to look at this account for travel money. It sits at 1 of 312 brands on this measure, against a median of 0.5% in our data.

Other options to compare

Skrill

Visit

Varo Visa® Debit Card

See alternatives