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Online banks: frequently asked questions

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Is the Varo Visa® Debit Card free, and is my money protected?

Yes: the Varo Visa® Debit Card charges no monthly fee, no foreign transaction fee and no fee for ATM withdrawals within $0. The account runs as free atm, digital only and no credit check, and deposits sit with Varo Bank, National Association under FDIC up to USD 250,000. The card also carries no credit check. See the Varo Visa® Debit Card review.

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