Varo

Varo is a mobile-first bank that eliminates overdraft fees and provides checking and savings accounts with no monthly charges. The app includes budgeting tools that categorize your spending automatically and let you set custom limits for different expense types. Its savings account offers high APY rates, so money sitting in your Varo account earns interest while you're working toward your financial goals.

It's perfect for people seeking a completely fee-free banking experience paired with basic budgeting features. Varo focuses on making banking more affordable for everyday people, so the budgeting tools stay simple and don't try to be a full-featured tracker like Mint was. If you want to consolidate your checking, savings, and light budgeting into one mobile app with zero fees, Varo delivers that without the complexity.