Venmo users who have been approved for a Venmo Mastercard® Debit Card have the option to add money from a verified bank account directly to their Venmo balance. Just follow these steps:
2. In the Venmo app:
- Tap the “☰” icon at the top 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 date, and then tap “Add Money”. Once you do this, there is no way to cancel your transfer.
Remember: You don’t need to have money in your Venmo account to make payments to other Venmo users. You can fund payments to other Venmo users using a linked funding source.
When I add money, how long does it take for the funds to reach my Venmo balance?
Add Money transfers typically take 3-5 business days to reach your Venmo balance, and the funds from that transfer won’t be available until the transfer is complete.The timing of your transfer can be impacted by several factors, such as weekends or holidays.
You may see a charge in your bank account before the money is available in your Venmo account while the transfer is processing.
You can check the status of your transfer in the Venmo app in your transaction feed. If the money doesn’t arrive in your Venmo account after 5 business days, please contact Venmo Support.
Is there an “Instant Transfer” equivalent for adding money to my Venmo account?
At this time, we only have one version of this type of transfer and it typically takes 3-5 business days to process. If you need money in your Venmo account urgently, you can request the funds from another Venmo users or enable reloads on your Venmo Debit Card (if you have that option).
Can I cancel my transfer to my Venmo balance?
It is not possible to cancel a transfer to your Venmo balance after it is initiated. The Venmo Support team cannot cancel this type of transfer. Instead, if you change your mind after initiating a transfer to your Venmo balance, you can transfer it back to your bank once it completes.
What if the transfer to my Venmo balance fails?
Transfers can fail for a variety of reasons. If your transfer to your Venmo balance fails, you will be notified via email, and the funds will not move from your bank 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 Debit Card have the ability to add money to their Venmo balance manually. If you’d like more information about applying for a Venmo Debit 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.
Can I add money to my Venmo account at a store or bank?
At this time, the only way to add money to your Venmo account is in the Venmo app. We don’t currently have a way to add physical cash onto your Venmo account.
*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 Debit Card is issued by The Bancorp Bank pursuant to license by Mastercard International Incorporated. The Bancorp Bank; Member FDIC. The Venmo Debit 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.