Updated on August 14, 2022
It is ideal to link bank account to Venmo for transactions but if you don’t, you can still learn how to get money from Venmo without bank account and proceed with hassle-free transfers of money.
1. Bank account is not a necessity when taking out money from Venmo account.
2. You can cash out from Venmo debit card instead by Opening Venmo Account > Applying For Debit Card > Using Cash Card For ATM Withdrawal.
3. You can deactivate the Venmo debit card by using Settings Venmo Debit Card > Deactivate.
.. And Much More!
How To Get Money From Venmo Without Bank Account?
A bank account is not necessary to withdraw monies from a Venmo account.
Venmo cards are comparable to other debit cards in that they can be used to make payments to cards or bank accounts.
To understand how to get money using Venmo without a bank account, follow the instructions below.
Check If You Qualify For A Venmo Debit Card
If you meet the requirements to open a Venmo account, you will be eligible for the card right away. There are a few rules you should adhere to.
Applicants must be at least 18 years old at the time of account opening.
A Venmo account can only be applied for and opened by legal residents of the United States.
Applicants must have cell phones in the United States in order to send and receive confirmation codes for authentication.
To make an account, you must use only one phone number and email address.
To apply for the card, use a mobile app.
After you’ve activated your Venmo account, follow the steps below to apply for a debit card.
Open the app and tap the “” icon on the right side of the screen to use Venmo.
From the drop-down selection, choose Venmo Debit Card. This will open the application form for you to fill out.
Important personal information should be provided, such as a contact address, phone number, social security number, and date of birth.
Attach identification documents from the government, such as a driver’s licence, a US passport, a DHS card, a Social Security card, a tribal ID card, and an ITIN assignment letter.
Include clear photos to complete the application.
Attention! You’ll need high-resolution pictures and certified papers to confirm your identity. It assists the company in avoiding swindles and fraud.
The application procedure will begin as soon as you press the Submit button.
Venmo also alerts its users to any concerns with the system’s performance. Wait for official communications or alerts to arrive before responding.
Await the arrival of your debit card.
Once you’ve finished the application and been approved, it could take 10 to 15 business days for your debit card to arrive.
It is possible, though, that the treatment will take longer. It’s best to wait two weeks before contacting Venmo customer service for updates.
Withdraw money from your Venmo account with your debit card.
Now that you have your debit card, you can use it to make cash withdrawals at ATMs or cash out money over the counter. You can encrypt the card with a secret PIN to ensure that all of your transactions are secure.
How To Recharge The Venmo Account and Debit Card
You can use the money in your Venmo account or on your card interchangeably. It’s critical to understand how to recharge your Venmo account so you can replenish your balance whenever necessary.
These three methods can be used to transfer funds in-app or to utilise a card.
To fund the top-up, connect to a bank.
When you link your bank account to your Venmo app, you can use it to fund transactions and withdraw money whenever you want.
Open the Venmo app and select Manage Balance from the menu.
Enter the amount of money you’d like to send. After that, click Done.
Choose the bank you want to accept the transfer from. Then press the Next button.
Check the information you’ve entered again.
To complete the transaction, tap Add Money.
Attention! It’s critical to double-check the information before sending it. A Venmo transaction cannot be reversed.
Venmo, on the other hand, can be used to send money to other online transfer apps. In earlier articles, we went over how to transfer money from Venmo to Cash App and how to swap money between Venmo and PayPal.
Make a Debit Card Direct Deposit
You can authorise direct deposit to your debit card from your job, friends, or family members. Once the funds are in your card, they will be in your in-app account as well.
Keep in mind that for this kind of money transfer, you must disclose the routing number and account number.
Use Check Deposits Online
Venmo allows you to deposit checks online. As a result, when you’re low on cash, it’s a convenient way to put dollars into your account.
Open the Venmo app and select Manage Balance from the menu.
To cash a check, go to Cash a Check.
Provide the amount of money you’d like to send.
To finish the process, deposit the check and follow the steps on the screen.
Venmo Online Payment App – In a Nutshell (further reading)
For peer-to-peer transactions, Venmo is a popular option. In 2009, it was launched under the parent corporations of PayPal and Braintree.
Venmo has a mobile app for both Android and iOS.
According to a study conducted in 2019, it has more than 40 million active users. With developments in the use of mobile banking, this number is anticipated to skyrocket in the coming years.
Fees Associated With Using A Venmo Debit Card
Venmo debit card comes with a number of fees, but it also lets you avoid some payments. Here’s a basic rundown:
You can apply for the card without paying anything.
There are no monthly fees, either.
Venmo debit cards can be used to pay for online purchases with no added fees.
Withdrawals from ATMs will set you back $2.50 every transaction.
Withdrawals made over the counter will cost you $3.00 each transfer.
Sticking to MoneyPass® ATMs within the United States is one approach to avoid ATM fees. You can also earn cash back by shopping at Maestro® and PULSE-affiliated retailers.
Expiration of a Debit Card
All payment cards, whether debit or credit, have an expiration date. As a result, it is critical for cardholders to maintain track of significant dates and apply for a replacement card in a timely manner.
Venmo debit cardholders will receive a notification in their app two months before their card expires.
When the new card arrives, you must activate it. If you don’t do this within three months of receiving your debit card, Venmo may permanently disable your account.
Here are some more vital details concerning debit card expiration and how to get a replacement card.
If you don’t intend to use the old card before its expiration date, you can disable it.
If you haven’t used the card in a long time and want to get a new one, you must first make at least one transaction.
You can edit all of the necessary information on the new card. Make sure your contact information and shipping address are up to date.
Cash Out and Money Transfer Limits on Venmo Accounts
Venmo’s money transfer restrictions are calculated on a daily or weekly basis. This means it will reset when a specified amount of time has passed. When using the Venmo mobile app or the card, keep the following spending or transaction limits in mind:
The weekly spending limit for a Venmo account is $6999.99.
Venmo has a weekly transaction limit of $4999.99.
The Venmo app has a weekly sending limit of $2999.99.
Over-the-counter or through cash backs, you can withdraw a maximum of $400 every day.
The daily ATM withdrawal limit is $400.
Venmo also allows you to do up to 30 transactions every day. Click Here to learn more about Venmo money transfer limits.
Is Using A Venmo Debit Card Safe?
The Bancorp Bank is a Mastercard International-licensed issuer of Venmo debit cards. As a result, you can use the card at any establishment that accepts Mastercards, including online businesses and ATMs.
It would be reassuring to learn that your funds in your Venmo account are FDIC-insured, as far as debit card security is concerned.
This means that even if the company goes bankrupt, you will be entitled to a large amount of the money in your account.
If you need to deactivate your Venmo card, here’s how to do it.
In the event that the card is lost or stolen, you can immediately disable it.
Open the Venmo app on your smartphone.
Then select Venmo Debit Card from the drop-down menu.
To find the disable button, scroll down. It should be tapped.
This should be enough to solve the problem! You can also contact Venmo’s customer service department at 855-204-4090 to get your debit card deactivated.
Many customers have inquired as to whether they may reactivate the same card once they locate it. Yes, it’s conceivable!
You can get rid of the freeze by contacting the customer service centre once more. If you suspect that your card information has been compromised, you should apply for a new one instead.
Attention! It’s not the end of the world if you have a Venmo debit card. You might try some more trustworthy reloadable debit cards. To learn more, click here.
The Bottom Line
In a word, you can get money via Venmo without having a bank account by utilising a Mastercard Debit card instead. You can withdraw cash from the nearby ATM or make over-the-counter purchases with the card.
However, in order to use the Venmo app, you must have a linked bank account. Although you can withdraw cash without a bank account, you will still need one for certain transactions.
Frequently Asked Questions About How To Get Money From Venmo Without Bank Account
Is it feasible to have many debit cards at the same time?
No, Venmo does not allow you to apply for multiple debit cards tied to the same account. You also can’t link your Venmo account to another person’s debit card.
Is it possible to pay using a Venmo debit card outside of the US?
Venmo is a debit card and software that can only be used in the United States. PayPal, on the other hand, can be used to conduct international transactions.
Venmo and PayPal are both run by the same firm, and both offer cash cards to make things easier.
How can I get money out of my Venmo account?
You can either transfer funds from your Venmo account to a linked bank account or use your debit card to withdraw funds. Traditional ACH transfers can also be used to transmit money, albeit this may take up to three working days.