Neobank comparison
Compare Varo Bank and Vivid Money side by side: fees, regulation, platforms.
Best US high-yield neobank
Varo is the rare US neobank that holds its own national bank charter, so deposits are directly FDIC insured w…
Best for cashback and investing
Vivid bundles spending cashback, savings interest and commission-light investing into one account, which make…
| Feature | Varo Bank | Vivid Money |
|---|---|---|
| Monthly fee | Free | Free |
| FX markup | 0% | 0% |
| Savings APY | 5% | 3.50% |
| Currencies | 1 | 40 |
| Card network | Visa | Visa |
| Deposit protection | FDIC up to 250,000 USD (Varo Bank, N.A.) | DGS up to 100,000 EUR via Solarisbank |
| Regulators | - | - |
| Best for | Best US high-yield neobank | Best for cashback and investing |
| Markets & account | ||
Varo Bank
Varo is the rare US neobank that holds its own national bank charter, so deposits are directly FDIC insured while the savings rate stays at the top of the table.
Confirm current fees and rates on the provider's site. T&Cs apply.
Vivid Money
Vivid bundles spending cashback, savings interest and commission-light investing into one account, which makes it a strong second card for EU spenders chasing rewards.
Confirm current fees and rates on the provider's site. T&Cs apply.
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