Can I Transfer Money From Venmo to Cash App? (Detailed Guide)

Can I transfer money from Venmo to Cash app? Well, this is a general question often asked by Venmo users. Venmo is one of the most common peer-to-peer payment apps. The application allows users to quickly and easily send and receive money to friends and family.

If you want to send money quickly and easily from Venmo to the Cash app, then you’ve come to the right place.

This can be done in two ways;

  • By setting up a direct deposit for your Cash App account.
  • Using a bank account linked to both Venmo and the Cash app.

Keep studying to find out how to transfer money from Venmo to the Cash app from your mobile phone.

transfer venmo to cash app

Overview Of Venmo

Available for Android and iOS, Venmo is one of the most popular peer-to-peer payment apps. The app makes it easy and fast to send and receive payments from friends and family members.

Venmo only accepts US customers. Both the sender and the receiver should be located in the United States to use this app.

To send money to Venmo, the first thing you need to do is link the app to a US bank account, debit card, prepaid debit card, or credit card.

Venmo only allows you to withdraw money to a bank account or debit card. Always link a verification account, not a savings account, to avoid the standard limit of six online withdrawals or transfers per month.

How do I transfer money from Venmo to the Cash app?

Let’s discuss step by step how to transfer money from your Venmo account to the Cash app using these two methods;

1. Setting up a direct deposit for your account in the Cash app.

Basically, you can treat your Cash App account like a bank account. You can only find the account and routing numbers if you already have a Cash Card associated with your Cash App account.

Find route and account numbers for your money app.

The first step is to find your account and routing numbers to set up a direct deposit for your Cash app account. Follow these steps;

  • On your Android or iPhone, open the Cash app.
  • Click on the dollar icon in the app to go to the “My Money” tab.
  • Click the Cash button next to which is a dollar sign.
  • Then go to the “Direct deposit” section and click the “Get account number” button.
  • You will see a pop-up screen. Click the Enable Account button.
  • Then click the “Copy Account Information” button right below your account information.
  • Here select “Copy Route Number” and “Copy Account Number.” This will copy the numbers to your device’s clipboard. You can paste numbers in a safe place on your device.

Go to Venmo and add your routing and account numbers.

Now that you’ve got your Cash app routing and account numbers, it’s time to add them to your Venmo account. Follow these steps;

  • In the Venmo mobile app, tap the three horizontal lines at the top of the app.
  • You will be taken to the “Settings” section. Select “Payment Methods” in the settings.
  • Then click “Add bank or card.”
  • In this case, select “Bank.”
  • You will then be prompted for your approved confirmation method.

Alternatively, you can connect your Cash App card to your Venmo account. To do this, follow these instructions;

  • In the Venmo app, tap the three horizontal lines located at the top.
  • Select “Settings” and then click “Payment Methods.”
  • Then click “Add bank or card” and then select “Card.”
  • Enter your Cash App card details. You can also record your card details using the camera on your phone.

Transfer Money from Venmo to Cash App

After combining the routing and Cash App account numbers or Cash App to your Venmo account, you can drop money directly into your Cash App account from your Venmo balance.

2.Using a Bank Account That Is Linked to Both Venmo and Cash App

This pattern will show you how to transfer money from your Venmo account to your Cash app account by transferring your funds to a shared bank account available for both Venmo and the Cash app. It would help if you did it, as shown here.

Tip: The exact process is correct if you want to transfer money from the Cash app to Venmo.

Enter to Venmo

Log into your mobile phone and look for the app icon with a white “V” on a blue background. The app is ready for both iPhone and Android devices.

Sign in to start the process. You can also run this procedure on your computer.

Transfer Your Venmo Balance to Your Bank Account

To do this, follow these simple steps:

  1. Add a bank account.
  2. Verify your bank account.
  3. Transfer funds to your bank account:
  • Click”☰”at the top of the app.
  • Select “Transfer to Bank” or “Transfer Money” (depending on your device, you may need first to select “Balance Management” and then “Transfer to Bank”).
  • Enter the amount you want to transfer
  • Choose “Instant” (small commission applies) or “1-3 business days” (no commission).
  • Choose your bank account or debit card.
  • Review the information and confirm the transaction
  • Click the “Transfer” button.

Login to Your Cash App Account

Once your funds have arrived in your bank account, log into your Cash app account on your mobile phone.

Transfer Money

Now that your money has been transferred to your bank account, you need to send money to the Cash app.

To do this, you need:

  • Click the balance tab on the main screen of the Cash app.
  • Click Add Cash
  • Enter the amount you want to transfer
  • Click “Add”
  • Use Touch ID or enter your PIN to verify

Remember that you must have the same bank account link in both applications to transfer funds.

How Much Can You Send?

When you open your Venmo account, the maximum transfer amount per week is $ 299.99. This will continue until you verify your identity.

To verify your identity, you need to provide:

  • Your name
  • Physical address
  • Social security number (SSN/ITIN).
  • Zipcode
  • Birthdate

Once you submit the over information, you will be verified and can send up to $ 2,999.99 per week in one or more transactions.

You can only transfer $ 999.99 per transaction from Venmo to your bank account. Once confirmed, you can transfer up to $ 19,999 per week.

To verify your identification, press the ☰ button at the top of the app, tap “Settings,” and tap “Identity Verification.”

Venmo Fees

Venmo is a free app, but some services are paid:

  • If you fund your Venmo account with a credit card, you will be charged 3% per transaction.
  • For instant transfers, you will be charged 1% per transaction or a minimum of 25 cents. Instant transfers are when you transfer from your Venmo account to a debit card, and they are delivered within half an hour.
  • Venmo does not charge you when you buy from merchants who have the Venmo payment option, even with a credit card, which is free. There is also no commission when transferring to your bank account.

Last thought

And that’s all you want to know to transfer money from Venmo to the Cash app. Usually, the transaction is fast, especially for instant transfers. If you initiate an instant transfer, you will be charged% 1 per transaction.

Leave a Comment