Venmo is a” peer-to-peer” application that is designed to be installed on smartphones or other mobile-friendly devices to make or receive payments across the US. Many people use Venmo to make payments on a regular basis, but did you know that you can also withdraw money from Venmo without the use of a card? In this article, we’ll teach you how to do just that; it’s surprisingly simple and fast once you get the hang of it.
Can you withdraw money from Venmo without a card?
Yes, it is possible to withdraw money from Venmo without a card by users transferring their Venmo balance directly into their bank accounts or by using other alternatives. The process is simple and straightforward: all you have to do is link your Venmo account with a valid checking or savings account.
How to withdraw money from Venmo without a card
Probably you have lost, forgotten, or have not obtained a Venmo card yet. Do you think you can’t withdraw money on the Venmo app without the use of a card? Although it is known that Venmo cannot be used at a cardless ATM, there are different ways that users can use it simply to withdraw money without a card. Below are some of the ways that users can use to withdraw money from Venmo without the use of a card.
Option 1: Let a friend with a Venmo account help you out.
A friend who is having a Venmo account can help you out if you have enough money in your app and internet access. They can easily get the money you send to them and withdraw by simply following the steps below.
1. First, tap on “Pay”.
2. You then fill in their telephone number, username, or their email ID.
Alternatively, You can also scan their QR Code in the Venmo application if they are close to you in terms of the vicinity.
Option 2: Transfer money from your Venmo to your bank
You can use another bank account, credit, or debit card at an ATM in place of your Venmo card. But the easiest and most convenient way to get cash withdrawn from an ATM is to use a debit card that is genuinely linked to savings or a cheque account.
Below are the steps to follow to achieve this.
1. First, Select “Add a bank or card”
2. And then “Bank” in the Venmo app settings to link a bank account to your Venmo account to enable you to withdraw money from your Venmo balance.
3. As your account is verified, you can decide to have your Venmo balance sent or directly transferred to your bank account within a period of one to three business days. This comes with no charges. You can have it effected immediately for a commission fee of 1.75% (with a 0.25 cent minimum and $25 maximum) using the” Instant” option.
Once you use this option, you can send money from your Venmo account to a debit card that is linked to a different bank account. However, if your Venmo card is completely lost this will help you remedy the situation at once. For all these to happen then you need to get enough money in your Venmo account or a bank account or debit card.
Option 3: Get a Venmo card
Getting the Venmo card is free of charge and it can be connected directly to your Venmo account balance for easy access. This process can take up to five and seven working days for the card to reach its direct destination.
This can be possible with the use of a recognized identification like a passport, driver’s license, social security card, or any legitimately accepted recognition and a valid Venmo account.
Option 4: Get a Global Debit Card
Also If you don’t have access to a Venmo card, or you have misplaced or forgotten it outright, then a prepaid debit card that has been optimized for minimal charge transactions, for instance, such as ATM withdrawals, is an excellent choice.
To qualify for this you need to get acceptable evidence of residency and proof of identity such as a driver’s license, passport, or social security card.
Does it cost money to apply for a Venmo card?
No! It is free to get the Venmo Debit Card, but using it attracts minimal charges. You can apply for the card in the Venmo App. You simply navigate to the ” Cards” tab and under the Venmo Debit Card you can start straight away.
Where can the Venmo debit card be used?
The Venmo Debit Card can be used throughout America and its territories. However, it should be noted that Venmo and Venmo Debit Cards cannot be used for international transactions.
Can I use my Venmo debit card outside of the US?
The Venmo Card can be used within the United States of America and its territories for dollar transactions only. You cannot use the card either, even if you are placing an online other from the US and its territories.
What about if I am seeing ” Get In Line” what Should I do?
A great percentage of Venmo users are having the card currently and Venmo is trying to make it available to all registered users at no cost. However, if you recognize the ” Get in Line” notification, it simply means you are not able to apply for a Venmo Debit Card.
Don’t worry at this stage. Venmo will notify you via email when it is due to apply for a card. The Venmo support team is working on this to make the card available to all Venmo users across the US and its territories. You should also make sure that your phone number is verified.
Withdrawing money from the use of the Venmo app is a nice and welcoming experience that interested users in the United States of America will cherish. Although, numerous users in the United States of America will like to withdraw cash from their Venmo accounts without a card but don’t know how to do it if well- studying the above will clarify and simplify the process. Hope you have enjoyed reading this article.