Payment Limits

Venmo has spending limits specific to person-to-person payments, purchases with the Venmo Mastercard® debit card, and online and in-app purchases made with your Venmo account (authorized merchant purchases). 

If you have not yet completed identity verification, you will have a lower weekly spending limit of $299.99. This limit includes person-to-person payments and payments to authorized merchants. 

To verify your identity, click the ☰ button at the top of the app, tap “Settings,” and tap “Identity Verification.”

If you have completed identity verification, your combined weekly spending limit is $6,999.99. This limit includes person-to-person payments, payments to authorized merchants, and purchases with your Venmo Mastercard debit card. 

Note: the person-to-person sending limit is capped at $4,999.99. 

If you spend more than $2,999.99 on authorized merchant purchases and Venmo Mastercard debit card purchases, the amount you can spend on person-to-person payments decreases. 

For example, if you spend $3,500.00 between your Venmo Mastercard debit card and authorized merchant purchases, you will have $3,499,99 available to spend on person-to-person payments during that rolling weekly period. Similarly, if you spend $3,800.00 on person-to-person payments during your rolling weekly period, you will have $3,199.99 of your combined $6,999.99 limit to spend on Venmo Mastercard debit card and authorized merchant purchases.

Venmo Mastercard debit card transactions are subject to additional limits:

• Reload Limits*: see your personal reload limit in the Venmo Card section of the Venmo app
• ATM withdrawals, over the counter withdrawals, and cash back daily limit: $400.00 (this limit resets daily at 12:00 AM CST)

*Anticipated reloads on pending Venmo card purchases, and any reloads triggered in the past rolling week, count against your limit. Find your pending and completed purchases in the Purchases section of the Venmo app.

Weekly Rolling Limits

Your combined spending limit is a rolling weekly limit. This means that a transaction counts against your limit for exactly one week from the time of authorization. For example, if you send a payment on a Monday at 11:00 AM, that payment will no longer count against your limit at 11:01 AM the following Monday.

Limits are subject to periodic review and may be changed based on your Venmo Account history, activity, and other factors, including but not limited to, your Venmo Mastercard activity. Venmo retains sole discretion to apply and change limits.

The Venmo Mastercard is issued by The Bancorp Bank pursuant to license by Mastercard International Incorporated. The Bancorp Bank; Member FDIC. Card may be used everywhere Mastercard is accepted in the U.S. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.