is varo bank a prepaid account
Chime as well as Varo both use a debit account, as do their competitors. Chime has no minimal balance demands and also provides a 0.50% APY on savings accounts. Varo collaborates with Zelle to offer money transfer solutions. Chime and Varo both make use of comparable settlement methods for transactions, consisting of ACH. Chime customers can additionally access 60,000+ Atm machines worldwide without fees. For more information, go to chime.com.