*Transfer speed depends on your bank and could take up to 30 minutes. Transfers are reviewed which may result in delays or funds being frozen or removed from your Venmo account.
Manage your money
with ease.
Venmo gives you the tools to transfer money in and out of your balance (if available), the way that you want. All it takes is a few taps.
Scan to download the Venmo app
Move money ASAP.
With Instant Transfer, you can send money from your Venmo balance to your bank account within minutes.*
A 1.75% fee (minimum $0.25, maximum $25) is deducted from the transfer amount.
Standard transfers
are free.
Send money from Venmo to a linked bank account, at no additional cost, in only 1-3 business days.*
How transfers work.
Add a bank account
Link an existing bank account to your Venmo account.
Get it verified
Verify your bank account to be sure money goes to the right place.
Transfer funds
You’re good to go. Move money from Venmo to your bank account anytime.
Low balance? Add more instantly.
If eligible, you can add money to your Venmo balance in minutes with a linked debit card. Or turn on auto reloads to automatically add money to your balance anytime it drops below your set amount.
With money in your balance, you can spend it with the Venmo Debit Card1 and earn up to 5% cash back.2 Or choose Venmo at checkout on some of your favorite apps and sites.
Do more with Venmo.
Settle up.
Venmo is the simple, social way to pay and get paid.
Get paid early.
Use Direct Deposit3 to get your paychecks up to two days early.4
Pay favorite brands.
Look for the blue Venmo button at checkout, online or in some apps like Starbucks and TikTok Shop.
Get the
Venmo app.
FAQ
Add money to your Venmo balance from a linked bank account or debit card directly in the app.
- Go to the 'Me' tab
- Under 'Balance' select 'Add money'
- Select 'From a bank or debit card'
- Enter the amount and confirm
Venmo lets you add money as a one-time transfer, on a recurring schedule, or automatically when your balance drops below a set amount. You can also set up Direct Deposit to get your paycheck up to 2 days early into your Venmo balance.
The money in a Venmo balance* can be used for several purposes directly within the app:
- Send money to friends, family, or other Venmo users.
- Make purchases online, in-app, or in-store at select merchants.
- Use a Venmo Debit Card for purchases anywhere Mastercard is accepted.
- Transfer the money from the Venmo balance to a linked bank account or debit card.
*ID verification required to use a Venmo balance.
It's possible to transfer money from a Venmo balance to an eligible bank account or debit card. The process involves a few simple steps within the Venmo app:
- Navigate to the "Me" tab by tapping your picture or initials.
- Tap 'Transfer' until 'Balance' section.
- Tap "Transfer to Bank."
- Enter the amount to transfer.
- Choose between an "Instant Transfer" (a fee may apply) or a "Standard Transfer" (typically no fee).
- Select the desired bank account or debit card and confirm the transfer.
The main differences between an Instant Transfer and a Standard Transfer are the speed of the transfer and the associated cost.
- Instant Transfer: This option typically moves money to an eligible bank account or debit card within 30 minutes. This type of transfer incurs a fee, which is displayed before completing the transfer.
- Standard Transfer: This option is free and the money typically arrives in a linked checking account within 1-3 business days.
Auto reloads lets you automatically add money to your balance when it dips below a threshold that you set. For example, you can set it up so Venmo automatically reloads your balance with $25 when your balance goes below $50.