Venmo users who have been approved for a Venmo Mastercard® have the option to add money from a verified bank account directly to their Venmo balance. In order to do so, follow these steps:
2. In the Venmo app:
- Tap the “☰” icon in the upper-left corner of the app.
- Tap “Manage Balance”
- Tap “Add Money”
- Enter the amount you’d like to transfer,* and tap “Done”
- Confirm the bank account you’d like to transfer money from, and tap “Next”
- Review the transfer information and estimated arrival, and tap “Confirm Transfer”
Transfers typically take 3-5 business days to complete, and the funds from the transfer won’t be available in your Venmo balance until the transfer is complete. When a transfer completes, you’ll receive an email notification. Transfers can fail for a variety of reasons. If your transfer fails, you’ll be notified via email, and the funds will not be moved from your bank account or added to your Venmo balance.
Why don’t I see the ability to add money in my Venmo app?
At this time, only users who have applied for and received a Venmo card have the ability to add money to their Venmo balance manually. If you’d like more information about applying for a Venmo card, click here. Keep in mind that you don’t need to add money to your Venmo balance to pay friends or businesses in the app.
*Are there any limits to how much money I can add to my Venmo balance?
There is a $1,500.00 weekly rolling limit on transferring funds into your Venmo balance. A transaction counts against your weekly rolling limit for exactly one week following the time of the transaction. So, for example, if you add money to your Venmo balance on a Monday at 11 AM, then at exactly 11:01 AM the following Monday, that transaction will no longer count against your limit. For more information about limits on Venmo, click 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.