Adding Money to Your Venmo Balance

Most users will see this feature after maintaining an active Venmo account for some time. If you’d like to access this feature in the meantime, you can sign up for the Venmo Debit Card.

How can I add money to my Venmo balance?

You can add money to your Venmo balance directly within the Venmo app.

Follow these steps to initiate the add money transfer:

1. Go to the Me tab
2. Tap Add Money
3. Select From a bank or debit card 
4. Enter your amount and choose what payment method you want to use 
5. Tap Add 

Once the transfer is initiated, you cannot cancel it. Here are just a few things to keep in mind:

• 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 payment method
•  If you change your mind after initiating a transfer to your Venmo balance, you can transfer it back to your bank once it is completed. 
• 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
• You can check the status of your transfer in the Venmo app, in your personal transactions feed under the Me tab  

What is the difference between adding money from a bank or a debit card? 

Adding money from a debit card is typically available instantly. 

Adding money from a bank typically takes 3-5 business days to reach your Venmo balance, and the funds from that transfer won’t be available until the transfer is completed on Venmo.

Adding money from a bank may:

• Have its transfer time impacted by weekends or holidays
• Create a completed charge in your bank account while the transfer is processing and before those funds reach your Venmo account

If the money doesn’t arrive in your Venmo account after 5 full business days, please contact Venmo Support. Transfers are reviewed, which may result in delays or funds being frozen or removed from your Venmo account. Learn more about Reviews of Transfers Into and Out of Venmo. 

I tried to add money with my bank account, and it was declined.

Before you can use a bank account to add money to Venmo, it needs to be verified. If you’ve already verified your bank account on Venmo, there are a few other reasons why your attempt to add money may be declined:

• Your bank returned a notice of insufficient funds for your requested transfer. This information may not be up to date, so please try later or use a debit card instead.
• You’ve hit your transfer limit for the rolling week. Learn more about Venmo transfer limits.
• The transfer attempt triggered an automated security flag, resulting in a decline. There isn’t a way to override these declines, so you may need to try again later or explore other options.

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.