CVS Well being, in collaboration with digital constitution financial institution Varo Financial institution and Inexperienced Dot Corp., is offering clients a money deposit possibility with no charges.
For purchasers who deposit money commonly, this implies saving $120 or extra per yr, in accordance with a press launch, as conventional banks supply cost charges until a minimal is maintained in accounts.
“As an all-digital financial institution, Varo is creating low-cost monetary options designed particularly for the wants of on a regular basis People,” Colin Walsh, CEO at Varo Financial institution, stated within the launch. “This Inexperienced Dot collaboration at taking part CVS Pharmacy areas eliminates money deposit charges, making fundamental banking extra handy and reasonably priced.”