How to Add Money to Venmo

How to Add Money to Venmo
5 min read
09 October 2022

Adding money to your Venmo balance is free. You can make it happen by adding money from your bank account, debit card, or credit card on the Venmo website or mobile app. You'll need to add funds before you can use them through Venmo — so make sure you have enough cash stashed away in that account before going shopping!

 

You can add money to Venmo using your bank account or debit card.

You can add money to your Venmo account using your bank account or debit card.

To add funds from a bank account, follow these steps:

  • Open the app and tap on the "Cash" button in the top-right corner of your screen (it's located next to "Cancel" and next to where you see how much money is currently available). Then select your bank from the dropdown menu that appears at this time. You should see a pop-up with instructions telling you what type of transaction it is when selecting this option; if not, then something may be wrong with your hardware or software version of Venmo iOS/Android apps!

Adding money to your Venmo balance with a debit card is free, but it could take between 1-3 business days to complete.

If you want to add money to your How to Add Money to Venmo with a debit card, it's free. However, if you use a credit card instead of a debit card and there is no fee associated with the transaction, then the funds will be added immediately.

You can also use your Visa or Mastercard branded credit or debit card that has been issued by a US bank (American Express cards are not accepted). You'll need to enter in your name and address when prompted during checkout—a security measure meant to protect against fraudsters trying to steal from unsuspecting users by using their stolen information!

Venmo without adding money to your balance,

If you have a negative balance, which means that you've sent or spent more money than is currently available in your Venmo balance or linked account, then adding money to your Venmo account will allow you to spend it immediately.

To add funds:

  • Open the “Money” tab on the left-hand side of your Venmo app home screen (or tap the "Money" icon).

  • Tap Add Funds at the bottom of the screen and enter an amount in dollar value; once entered, this amount will appear as a new "Deposits" section within this page of menus (see screenshot below).

You can't add money directly from a credit card to Venmo

You can't add money directly from a credit card to Venmo — if the money is coming from a credit card, it'll go through as a cash advance.

If you try to add money from your bank account or debit card, it will be treated as an overdraft and charged an overdraft fee. If you have an account with First Bankcard (this is where we got most of our information), then when we tried adding $15 USD by using our debit card instead of our Venmo balance (which had been used for other purposes), the transaction was declined because it was considered an overdraft!

You can only use a Visa or Mastercard branded credit or debit card that has been issued by a US bank.

To add money to your Venmo account, you need to use a Visa or Mastercard branded credit or debit card that has been issued by a US bank. The card needs to have a US billing address and phone number on it, as well as an active checking account with sufficient funds in it.

You can only add money using these types of cards:

You cannot add money from non-US banks, prepaid cards, gift cards, or international cards.

How to Add Money to Venmo to your Venmo account, you'll need to use either a bank account or debit card. You can also add funds by sending money from other payment methods like PayPal, Apple Pay and more.

When it comes time to add funds, however, there's one more thing that you should know: You cannot add money from non-US banks and prepaid cards. This means that if your bank uses an international routing number (like the ones used by Amex), then those card types will not work for adding funds through Venmo!

Conclusion

We hope you’ve found this guide helpful. If you have any questions, please let us know in the comments!

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Bella Wilson 2
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