[b]Venmo Limit: What You Need to Know[/b]
Venmo provides a [b][b][b]Venmo debit card ATM limit[/b][/b][/b], which restricts how much cash you can withdraw per day. The platform enforces these limits for security reasons and to prevent fraudulent transactions.
- [b]Standard Venmo ATM withdrawal limit[/b]: $400 per day
- [b]Venmo daily withdrawal limit reset[/b]: The limit resets at 12:00 AM CST daily
- [b]Weekly spending limit[/b]: Venmo has a cumulative spending limit of $6,999.99 per week, which includes ATM withdrawals, transactions, and purchases
- [b]Venmo card reload limit[/b]: If your balance is insufficient, Venmo allows reloads of up to $500 per week from a linked bank account
Withdrawing money from Venmo at an ATM is straightforward if you have a [b]Venmo debit card[/b]. Here’s how you can do it:
- [b]Locate a Compatible ATM[/b]: Venmo debit cards work at ATMs that accept Mastercard, Pulse, Cirrus, or MoneyPass.
- [b]Insert Your Venmo Debit Card[/b]: Enter your card into the ATM and follow the on-screen prompts.
- [b]Enter Your PIN[/b]: The default PIN for your Venmo card is set during activation.
- [b]Select “Withdraw Cash”[/b]: Choose the amount you want to withdraw, ensuring it does not exceed the [b]Venmo ATM withdrawal limit[/b].
- [b]Complete the Transaction[/b]: Take your cash and collect your Venmo debit card before leaving.
Venmo has predefined limits for withdrawals, purchases, and transfers. If you need higher limits, you can request a [b][b][b]Venmo ATM withdrawal limit increase[/b][/b][/b] by following these steps:
[b]1. Verify Your Identity[/b]
Venmo requires identity verification before granting higher limits. You can verify your identity by:
- Going to [b]Settings > Identity Verification[/b] in the Venmo app
- Providing your full name, date of birth, Social Security Number (SSN), and address
- Completing the verification process
Once your account is verified, Venmo may offer higher limits. However, increases are subject to approval based on transaction history and account activity.
[b]3. Use a Linked Bank Account[/b]
If you need to withdraw larger amounts, consider transferring funds to your linked bank account and withdrawing cash directly from your bank’s ATM.
[b]What is the Daily Withdrawal Limit for a Venmo Card?[/b]
The [b][b][b]Venmo daily withdrawal limit[/b][/b][/b] for ATMs is [b]$400 per day[/b]. This limit applies to:
- ATM withdrawals
- Over-the-counter withdrawals at banks
- Cash-back withdrawals at retail stores
- Withdrawals exceeding this limit will be declined.
- The limit resets daily at 12:00 AM CST.
- If you need to withdraw more than $400, consider splitting withdrawals across multiple days or transferring funds to a bank account.
Venmo partners with MoneyPass ATMs to offer [b]fee-free withdrawals[/b]. Here’s how to find free ATM options:
[b]1. Use MoneyPass ATMs[/b]
- MoneyPass ATMs allow free withdrawals when using a Venmo debit card.
- Locate the nearest MoneyPass ATM using their official ATM locator.
- Venmo allows cash withdrawals from participating banks without additional charges.
- Present your Venmo card and a valid ID to the bank teller to withdraw funds.
- Many stores, such as Walmart and Walgreens, allow Venmo debit card users to get cash back when making a purchase.
- Choose “Cash Back” at checkout and select the amount (up to store limits).
Understanding the [b][b][b]Venmo ATM withdrawal limit[/b][/b][/b] is essential for managing your cash needs effectively. With a standard [b][b][b]Venmo debit card ATM limit[/b][/b][/b] of $400 per day, users must plan their withdrawals wisely. If you need a [b][b][b]Venmo ATM withdrawal limit increase[/b][/b][/b], verifying your identity and maintaining an active account can help you qualify for higher limits. Additionally, using MoneyPass ATMs and cash-back options can help avoid unnecessary withdrawal fees.
