What are the Teen Account Limits?
Venmo Teen Accounts have their own payment and purchase limits, separate from limits on the parent or guardian's account. Most limits are weekly rolling limits, meaning that a transaction will count towards the limit for exactly one week from the time it's authorized.
There are different limits for different activities on a Venmo Teen Account:
- Purchases made with the Teen Venmo Debit Card: $3,000 per day and $7,000 per week
- ATM withdrawals with the Teen Venmo Debit Card: $400 per day
- Person-to-Person payments on Venmo: $2,000 per week
- In-Store QR code purchases: $2,000 per week
Please note that payments can be declined for other reasons aside from the limit.
For parents/guardians, payments you send to your teen account(s) will count towards your weekly rolling limit for person-to-person payments.