Home › Checking › EverBank vs Varo

EverBank vs Varo checking

EverBank and Varo checking side by side: fees, minimums, interest, ATMs and overdraft.

APY

EverBank: Tiered APY (shown at $2,500 balance)
Varo: No checking APY stated

Monthly fee

EverBank: $0
Varo: $0

Min to open

EverBank: $100
Varo: $0

Min balance

EverBank: $0
Varo: $0

ATMs

EverBank: No EverBank ATM fees; up to $15/month of other U.S. ATM fees reimbursed
Varo: 40,000+ fee-free in-network ATMs; out-of-network fees apply

Overdraft

EverBank: Overdraft transfer fee $0; overdraft item fee not found
Varo: No overdraft fees

Sources: EverBank, Varo (2026-10-12).

More rates

• CD rates
• Money market rates
• Checking accounts
• Savings rates
• Savings Index & rate history
• Am I overpaying?

FAQ

Which pays more interest on checking, EverBank or Varo?

EverBank has the higher stated top-tier APY as of 2026-10-12.

Where do these rates come from?

Each rate is read from the bank's own public page on the date shown and linked. Rates change often: confirm on the bank's site before opening. Not financial advice.

Estimates, not financial advice. Taxes, insurance, PMI and fees vary by lender, county and city; confirm with your lender, dealer and state agency before acting.