Venmo has spending limits specific to person-to-person payments, purchases with the Venmo Mastercard® Debit Card, online and in-app purchases made with your Venmo account, and purchases using your in-store QR code.
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, in-app and online purchases, and purchases with your Venmo Mastercard Debit Card, and purchases using your in-store QR code.
|
Overall Combined Sending Limit: |
Person-to-Person Payments |
Authorized Merchant Payments |
Venmo Mastercard Debit Card Purchases |
|
Maximum Weekly Spending |
$4,999.99 |
$6,999.99 |
$6,999.99 |
|
Per Transaction Limit |
$4,999.99 |
$2,999.99 |
$2,999.99 |
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 Debit 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)
- Per merchant daily limit: $3,000.00
*Anticipated reloads on pending Venmo Debit 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 Debit Card activity. Venmo retains sole discretion to apply and change limits.
Are there other limits on Venmo?
There are limits on other types of transactions you make on Venmo.
You are limited to $20,000 in cryptocurrency purchases per week. There is also a limit of $50,000 in cryptocurrency purchases in a 12-month period. You can learn more about your limits for purchasing cryptocurrency here.
You can learn more about bank transfer limits here.
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.