Possible $150 Varo Bonus Using Kraken + Up to $300 Kraken Referral

This stack is mainly interesting because Varo is currently showing a $150 referral bonus for new users who receive $500+ in qualifying direct deposits within 45 days. Recent public DPs suggest that transferring from Kraken to Varo may still code as direct deposit for some users, and I’ve personally seen recent Varo referral activity from sharing this stack.

Varo referral link:
https://www.varomoney.com/r/?r=Elias781

Kraken referral link:
https://invite.kraken.com/JDNW/nng3capa

Kraken referral code:
z5r3fk9s

Why Varo is the main angle

Varo is currently showing a $150 referral bonus for new users after opening a Varo Bank Account and receiving $500+ in qualifying direct deposits within 45 days. My referral page shows the offer ending May 31, 2026.

The Varo $150 is the main bonus target here if the qualifying DD requirement is met.

Why Kraken matters

Recent Doctor of Credit comments suggest Kraken → Varo transfers may still be coding as direct deposit for some users. This is what makes the stack interesting.

Kraken also has an up to $300 referral offer. The offer is not guaranteed $300 and requires eligible account setup, a $200+ deposit, and a $200+ trade.

Basic idea

1. Open Varo using the referral link above if eligible.
2. Open Kraken using the referral link/code above if eligible.
3. Use Kraken as the possible funding source for the Varo DD requirement.
4. Recent public DPs suggest Kraken → Varo may still code as DD.

Recent public DPs

May 12, 2026:
https://www.doctorofcredit.com/varo-money-online-bank-account-75-sign-up-bonus-ios-android-sharing-referrals-still-a-nono/#comment-2321018

May 8, 2026:
https://www.doctorofcredit.com/varo-money-online-bank-account-75-sign-up-bonus-ios-android-sharing-referrals-still-a-nono/#comment-2317885

April 28, 2026:
https://www.doctorofcredit.com/varo-money-online-bank-account-75-sign-up-bonus-ios-android-sharing-referrals-still-a-nono/#comment-2309028

Important notes

• Links are included in the post.
• Not instant.
• Not guaranteed.
• YMMV.
• Varo decides what counts as a qualifying direct deposit.
• Kraken → Varo coding as DD is based on recent DPs and may stop working.
• Kraken bonus is paid in BTC if eligible.
• Bank/crypto bonuses may be taxable.
• Check current Varo and Kraken terms before signing up.

Disclosure:
These are my personal referral links/codes. I may receive a referral bonus if you sign up and complete the required steps.