Varo Bank, a digital bank, has announced its Perks program is now available, offering 15% cashback in app from local and national merchants. Customers can earn these rewards by using their Varo Via Debit Card at merchants such as Walgreens, Nike, Macy's, Kohl's, Home Depot, Disney+, Old Navy and more, according to a press release.

Once customers earn $5 in cashback, the platform will automatically deposit it into the user's account.

"We're proud to offer even greater value to Varo account holders through a cashback program that's straightforward, satisfying and aligned with our customers' existing spending patterns," Colin Walsh, CEO and founder of Varo Bank, said in the release. "Historically, rewards programs have been largely limited to holders of expensive credit cards, which has left millions of consumers behind. Cashback Perks embodies our commitment to providing premium products, superlative benefits and innovative financial solutions to all."

Later this year, Perks will also offer exclusive offers for Varo's most engaged customers with personalized offers, according to the release.

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