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Oct 13, 2021
Have you lost your Venmo card, left it at home, or otherwise haven't ordered one? Are you now left wondering whether or not you can withdraw money from Venmo without a card? While it's impossible to use a cardless ATM with Venmo, there are a few workarounds to get the job done instead. These include:
In this guide, we go over all four of these options below — What You'll Find in This GuideDoes Venmo Offer Cardless Withdrawals?Simply put: no, Venmo does not offer cardless ATM withdrawals. This means that you cannot withdraw money from Venmo without a card on you. This is because Venmo has yet to build in the necessary functionality to process these types of transactions. As a result, the only way to withdraw cash from Venmo is using your debit card at an ATM (which costs $2.50 per withdrawal*) or over-the-counter at most major banks or credit union branches (costing $3.00 per withdrawal), where you'll also be required to show your debit card¹. * Fees are waived at MoneyPass ATMs. See locations here. Option 1 — Use Another Account or CardGuzmán Barquín on Unsplash  If you don't have a Venmo card, you may well have another bank account, debit card, or credit card to use to withdraw money at an ATM instead. If you have a debit card linked to another bank account, you can use this directly to withdraw money at an ATM. If you have balance in your Venmo account that you'd specifically like to withdraw, you can link a bank account to your Venmo account by selecting Add a bank or card... and then Bank in your Venmo app settings. After you've verified your account, you'll be able to transfer money from your Venmo balance to your bank account in one to three business days (for no fee using the 1-3 Biz Days option) or instantly (for a commission fee of 1.00% using the Instant option)². Following this method, you can then use a debit card associated with another bank account to withdraw money that had previously been in your Venmo account. However, naturally enough, this method won't work if you've lost or forgotten your entire wallet along with your Venmo card! What You'll Need
Option 2 — Ask a Friend To Do It for YouTaylor Smith on Unsplash If you have a friend who has a Venmo card and is ready and available to help, then asking them to withdraw the money for you is an excellent option if you don't have a Venmo card yourself. The good part about this option is that your friend will be able to receive your funds quickly, and you'll only need to tap Pay and enter their username, phone number, or email to send them money to withdraw. If they're nearby, you can also scan your friend's QR code in-app to instruct the payment too. What You'll Need
Option 3 — Order a Venmo CardMatthew Kwong on Unsplash This may sound obvious, but if you don't need your case in a pinch, then ordering a Venmo card could be a great option for you. The card is free to order, costs nothing for everyday use, and will be linked directly to your Venmo balance for the next time you want to withdraw cash. Once you've ordered it, the card should take between five and seven days to arrive at your place of residence³. What You'll Need
Option 4 — Use a Global Debit Card
Whether you don't own a Venmo card, lost it, or forgot it at home, the most effective way to withdraw cash is to use a prepaid debit card specially designed for low-fee transactions — including ATM withdrawals. Using a competitive travel card product, you can dodge ATM withdrawal fees altogether, even when travelling overseas and spending in a foreign currency. (The only costs you might incur in these instances could be network fees from the ATM itself or a small Visa or Mastercard exchange rate markup, although it depends on the card.) If you travel abroad from the US frequently, one of the best options available is to open a Wise Multi-Currency Account, which gives you access to a current online account, multi-currency balances, and a debit card. 8.9 Monito Score Once you're signed up, and your card has arrived (which takes up to 3 weeks in the US), you'll be able to take advantage of the following unique features:
We also recommend looking at our pick of the best banks for international travel (number one is among the best options out there for fee-free international withdrawals). What You'll Need
References Used in This GuideSee Other Monito Guides for Withdrawing Money Without a CardWhat if I don't have access to a Venmo account?If you don't have access to a Venmo balance, you'll need to add a U.S. bank account, credit card, or debit card to make a payment. If you do have access to a Venmo balance, you'll need to add a U.S. bank account, credit card, or debit card if you want to make payment larger than the amount in your Venmo balance.
How to transfer money from Venmo to bank of America?Bank-to-bank money transfer is a great way to top-up your account or even ask your friends or family member to send you money. Access your Venmo account by logging in and click on Manage balance tab. After that, provide the amount of money that you wish to transfer and click Done. Move back to choose which account to link.
How to cash a check with Venmo?Login to your account and click on Manage Balance. Then tap Cash a Check and provide the amount of money you want to deposit. Tap Deposit the check and the equivalent amount will be sent to your Venmo account. What Are The Limits For Venmo Debit Card Usage?
How old do you have to be to transfer money on Venmo?You must be at least 18 years old (or the age of majority in your state of residence) If you ever want to transfer money from your Venmo account to your bank account (most users do), you need to add a U.S. bank account or debit card eligible for Instant Transfer.
Can I use Venmo without a bank account?A recipient doesn't necessarily need a bank account to get funds through Venmo. For instance, that person can order a Venmo card that functions much like a prepaid debit card to load up Venmo funds.
How do I add money to Venmo without a bank account?The only way to add money directly to your Venmo balance is by using a bank transfer from a linked bank account. However, it is possible to send money to people using Venmo even if your balance is zero. You can do this through a linked payment method.
How do I get money from Venmo without a debit card or bank account?Simply put: no, Venmo does not offer cardless ATM withdrawals. This means that you cannot withdraw money from Venmo without a card on you.
What do you need to set up a Venmo account?To set up a Venmo account, you will have to download the app on your phone, open it, pick a registration method, create a strong password, confirm your email address and phone number and then add your bank account and verify it.
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