Skip to main content

How to add money to Venmo

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

Only Venmo users who have been approved for a 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. If you don’t have a Venmo Mastercard Debit Card, there’s no reason to add money to your balance because you don’t need to have money in your account to make payments to other Venmo users. If you enter a payment amount that’s greater than what you have in your account, Venmo automatically takes the difference from your linked funding source.

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 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”

4. Enter transfer amount

Enter the amount you’d like to transfer, and tap “Done”

5. Confirm

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

6. Review

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.

Jonathan Lesser

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.