How To Get Money From Venmo Without Bank Account

Stay glued to this article as I will show you how to Get money from Venmo without Bank account in 4 easy ways.
Ketcha Brandon
Get Money From Venmo Without Bank Account

Venmo is actually an online Payment service that permits peer-to-peer money transfers. You can enjoy Venmo services via a mobile app for Android and iOS smartphones.

To make your transactions much more easy, you can link your bank account to Venmo. There are many people that do not yet have bank accounts, so they often asked if it is possible to get money off Venmo without bank account? Yes it is possible. So if you are one of these people, knowing how to get money from Venmo without a bank account will be important to you.

These transfer processes are important to know because not everyone that uses Venmo or any other mobile wallet service also has a bank account linked to it.

Stay glued to this article as I will show you how to Get money from Venmo without Bank account in 4 easy ways.

Table of Contents

How Does Venmo Work?

Users can choose to link their Venmo accounts to a credit card, debit card, or bank account after downloading the Venmo app from the Apple Store or Google Play store. A Venmo user can instantly start exchanging money with any other Venmo user once they've signed up.

Venmo acts as a go-between for accounts of two users engaging in a peer-to-peer transaction. Consider the scenario where Sally consents to sell Mary a bracelet for $50.

Sally receives the money from Mary via Venmo, which increases Sally's account balance by $50 and decreases Mary's balance by the same amount. Both do not pay a price.

In this way, a Venmo balance is essentially a virtual ledger that represents funds changing hands, within the Venmo platform. Until Venmo transfers the money into the recipient's bank account, it isn't technically in that user's possession.

Can I Get Money From Venmo Without Bank Account?

Yes, you can still receive money into Venmo without a bank account. Some methods, such as direct deposit, require that you have a Venmo debit card to receive the funds.

Below in this article, I will show you how to get money from Venmo without bank account 4 easy ways.

If you do not have a bank account linked to your Venmo, this means that knowing how to add money to Venmo without bank account will also be of great importance to you.

How to Get Money From Venmo Without Bank Account

Most individuals have their bank accounts linked to Venmo so as to easily withdraw and top up their Venmo accounts. You are still able to get money from Venmo even without a bank account as all you have to do is to request a Venmo debit card.

Below are 4 ways that will help you get money from Venmo without bank account:

1. Confirm That You Are Eligible For The Venmo Debit Card

Being qualified to open a Venmo account means that you are instantly eligible for the card but there are a few guidelines and requirements that you must have in order to create an account with Venmo.

In order to open a Venmo account, below are some of the things that you require:

  • You must be 18 years or above of age
  • You must be a legal resident in the US
  • Must have a USA cell phone and number that can send/receive SMS from short-codes. Make sure the phone number you use shouldn't be associated to another Venmo account.

2. Apply For the Venmo Debit Card Via the Mobile App

As soon as you have opened and activated your Venmo account, you can now apply for a Venmo debit card by following the steps below.

  • Open the Venmo app and tap on "☰" icon towards the right side of the screen.
  • From the drop-down selection, choose Venmo Debit Card. This will open the application form that you must complete.
  • Type in your personal information, such as your name, date of birth, social security number, and contact information.
  • Attach government identity documents such as a driver's license, a passport from the United States, a DHS card, a Social Security card, a tribal ID card, and an ITIN assignment letter.
  • To finish the application, include clear photographs.

In order to prove that the identity documents belong to you, the photographs in them must be clear. One of the key reasons why the government demand financial institutions to check the identification of individuals wanting to open bank account, is to prevent terrorism and other forms of crime from being funded.

Venmo's Users are being communicated in case there is any delays in the system's performance. Wait for official emails or notifications and only respond to them.

3. Wait For Your Venmo Debit card to reach you

Once you have completed the application and have been accepted, your debit card can take 10 to 15 days.

But with that said, the procedure can still take longer reason why it is necessary wait 2 weeks before contacting Venmo customer service for any updates.

4. Cash Out/ Get Money from Venmo Without Bank Account Via The Debit

So as to get money from Venmo without bank using debit card, all you have to do is to use your debit card to make cash withdrawals at ATMs or Cash out money over the counter. You can protect your card with a secret PIN to make sure that all your transactions are secured.

How to Get Venmo Debit Card

Follow the steps below to obtain you own Venmo debit card:

  • Open the Venmo app and tap on "☰" icon towards the right side of the screen.
  • From the drop-down selection, choose Venmo Debit Card. This will open the application form that you must complete.
  • Type in your personal information, such as your name, date of birth, social security number, and contact information.
  • Attach government identity documents such as a driver's license, a passport from the United States, a DHS card, a Social Security card, a tribal ID card, and an ITIN assignment letter.
  • To finish the application, include clear photographs.

How To Transfer Money From Venmo To Debit Card

Once you have gotten your debit card, you can now transfer money from Venmo from Venmo to debit card and subsequently cash out as any ATM by following the steps below:

  1. Log into your Venmo account.
  2. Tap "Transfer Money" or "Transfer Balance" (you can also tap “Manage Balance,” then “Transfer to Bank”).
  3. Tap the "$☰" icon.
  4. Enter the amount to transfer to your card.
  5. Select "Instant" (for a small fee) or "1-3 Biz Days" (no fee), and choose your debit card.
  6. Confirm your details.
  7. Tap the green "Transfer" button.

How to Withdraw Money From Venmo Without Card

To easily withdraw money from Venmo without card, all you need to do is to add your bank account details and withdraw your money directly from your bank account without any problem. But you will have to enter your bank account details directly in Venmo to complete the withdrawal process.

How To Recharge My Venmo Account and Debit Card

You can use the money in your Venmo account and debit card easily. It is of great importance to know how to recharge your Venmo account so that you can make your recharges whenever you run short of funds in your Venmo account.

Below are some of the ways via which you can transfer money to Venmo various purposes:

1. Use a Linked Bank Account to Fund the Recharge

Once you have linked a bank account to your Venmo, you can make use of it to fund your transactions and then make withdrawals at any time you want.

  • Open the Venmo application and select Manage Balance from the menu.
  • Enter the amount of money you'd like to send. After that, click Done.
  • Choose the bank you want to accept the transfer from. Then tap the Next button.
  • Check the information you've entered again.
  • To complete the transaction, tap Add Money.

2. Online Check Deposits

With Venmo, you can deposit checks online by simply going to the "Manage Balance" section and then choosing "Cash a Check". From here now you have to enter the check amount, sign at the back of the check and the taking photos of both sides of the check.

3. Making Direct Deposits

If you have a debit card, you can set up a direct deposit from your workplace or any other suitable institution. You must provide the sender with both the routing and account numbers needed for every debit card when making a direct deposit.

What to Do If You Lost Your Venmo Debit Card?

As soon as you realize that you lost your Venmo debit card, or may be the card got stolen, you have to quickly deactivate the card so as to keep your funds secure.

Below are the ways via which you can deactivate your Venmo card.

1. Deactivate Venmo Debit Card Using The Mobile App

From the mobile app, you can deactivate the Venmo card by following the steps below:

  • Open the Venmo app on mobile.
  • Tap on Settings.
  • Then click on Venmo Debit Card.
  • Scroll down to locate the deactivate button. Tap on it.

2. Deactivate Venmo Debit Card With the Help of Customer Support

You can contact Venmo customer care at 855-204-4090 to get your debit card canceled.

Many clients have asked if they may reactivate the same card once they find it. Yes, it is possible!

By getting in touch with the customer support department once again, you can end the freeze. Instead of using your current card, you should apply for a new one if you think the information on it has been hacked.

Can I Apply For More Than One Debit Card to My Account?

No there is no way you can apply for several debit cards linked to the same account on Venmo. You also can't add another person's debit card to your Venmo account.

How Much Does It Cost to Apply For a Venmo Debit Card?

Applying for a Venmo debit card is totally free and in addition to that, there is no monthly fee for the card. Any online purchase that you make with the card is also free of charge.

Nevertheless, some charges comes with using a credit card. The ATM withdrawal cost, for example, is $2.50. You will be charged $3.00 if you withdraw money from a bank or other relevant institution over the counter.

If you use MoneyPass® ATMs in the United States, you can avoid paying withdrawal fees. You can get cash back if you buy goods and services from merchants who use the Maestro® or PULSE labels, depending on the merchant's involvement.

Final Thoughts On How to Get Money From Venmo Without Bank Account

Venmo is actually an online Payment service that permits peer-to-peer money transfers. You can enjoy Venmo services via a mobile app for Android and iOS smartphones.

To make your transactions much more easy, you can link your bank account to Venmo. There are many people that do not yet have bank accounts, so they often asked if it is possible to get money off Venmo without bank account?  And above with have outlined the various ways through which you can get money from Venmo without bank account.

Frequently Asked Questions

How Can I Get Money Out of My Venmo Account?

You have two options for getting cash out: using your debit card or transferring money from your Venmo account to a linked bank account. The traditional ACH transfer method is similarly simple, however it can take up to three business days.

How Long Do I Wait For The Venmo Debit Card?

After you've been approved, your Venmo Debit Card should arrive within 15 business days. The card can only currently be mailed to a home address. Consider contacting Venmo if it has been more than 15 working days after you haven't gotten your card..

Can I receive money in Venmo without a bank account?

Yes, you can still receive money into Venmo without a bank account. Some methods, such as direct deposit, require that you have a Venmo debit card to receive the funds, though.

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