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How to add money to Venmo

how to add money to venmo
(Image credit: Venmo)

One of the great things about Venmo is, as long as your Venmo account is tied to your bank account, you never have to worry about adding money or if you’ll have enough. You can have a balance of zero in your Venmo account and still make a payment. If you enter a payment amount that’s greater than what you have in your Venmo account, Venmo automatically takes the difference from your linked funding source.(If you don’t have the funds in your bank account, well, that’s another story.)

Only Venmo users with the Venmo Mastercard Debit Card have the option to add money from a verified bank account directly to their Venmo balance. Just follow the below steps. 

So if you have a Venmo Mastercard Debit Card and want to add money to your Venmo balance, simply follow the steps below:

How to add money to your Venmo account

how to add money to venmo

(Image credit: Venmo)

1. Add a bank account. If you haven’t already, add a bank account to your Venmo profile and verify it.

2. Tap Manage Balance. Open the Venmo mobile app and tap on the menu icon at the top of the app, then tap “Manage Balance.”

3. Tap “Add Money," then enter transfer amount. Enter the amount you’d like to transfer, and tap “Done”

Confirm the bank account you’d like to transfer money from, and tap “Next.”

5. Review the transfer information and estimated arrival date, and then tap “Add Money.” 

Note: Once you do this, there is no way to cancel your transfer.


If you have more questions, be sure to check our FAQ What is Venmo? as well as our guide on how to use Venmo and how to add money to Venmo. If you've paid someone by mistake, you'll want to know how to undo a Venmo payment to the wrong user as well as how to cancel a Venmo payment. And if you're done with the service entirely, here's how to delete your Venmo account

Jonathan Lesser is a writer and editor covering cryptocurrency and personal finance. He has worked at two Fortune 100 financial services companies and has been published in Men’s Health, Men’s Journal, Vibe, Travel + Leisure Golf and other publications.

  • davidklausa
    "If you don't have the venmo debit card there is no reason to add money to venmo?" Not true, because if you want to transfer money and don't have it already in your balance, it either takes days, or you pay a fee. I think it's odd that I can transfer money into my bank account from venmo but not vice versa.
    Reply