How To Send Money From Venmo To Cash App

How to send money from Venmo to Cash app? If you’re looking for a way to send money from Venmo to Cash app, here’s how it’s done (it takes less than 3 minutes).

To set things up, log into your Venmo account online or through the app and click ‘Payments’. Next, select the amount of money you want to send. To make sure that your payment is secure with an Apple Pay cash transfer, an iMessage will be sent via text message with instructions on whether you are sending it immediately or scheduling the transfer for a later date.

Note: This feature is currently only available in the United States.

After entering your debit card information/filling out any requested forms, hit next. You may have to fill out more forms depending on what type of payment you are making.

Then, select which bank account you want to send the funds from and hit next. For this example, we will use Chase Bank, but it is not necessary to use Chase, just any bank with your favorite payment method (i.e., Visa, MasterCard PayPal, etc.)

Hit “Next”. Note: This transfer can only be completed through an Online Link, so you must access a computer or the internet for this transfer to go through successfully! After filling out your last details, tap on Complete Transfer and enjoy sending money via Venmo!

Note: If you are unable to complete the transfer, there could be several reasons for that. For example, maybe your bank account is not supported, or maybe your account settings have been disabled (if either of these two scenarios applies to you, contact customer care immediately.) Make sure you read any instructions before attempting a Venmo cash transfer to get the best possible experience.

Since there are no straightforward ways of transferring money between these two apps, you will have to go through some methods accordingly. So stick around with us, and we will guide you to the solutions in a detailed way.

Overview Of Venmo

Overview Of Venmo 

Venmo is one of the most prominent payment methods or options which is a parent service of Paypal. It is pretty much reliable and easy to use since you can transfer money from a mobile application. It is a peer-to-peer money transferring platform that offers reliable, secured transactions, and it is also easy to use. The mobile app is available and compatible with both Android and IOS.

Venmo is also used to send money to your family members, friends and pay your rents, bills, and taxes. To transfer money with Venmo, you have to open an account with Venmo. With Venmo, you can add your credit card for any further transactions, and it will charge a rate of 3% for transactions. But sending money from your Venmo account’s balance is free of cost.

If you go for a money transfer into your bank account, it will charge 1% as a cost. Both of the Venmo users need to be inside the United States for transferring money. Using Venmo, you can withdraw money only to a bank account or a credit card. One of the disadvantages of Venmo is it will not allow you to send money internationally. Yet you can apply your PayPal account for worldwide money transfers.

Overview Of The Cash App

Overview Of The Cash App

The Cash App service is not anything different than Venmo; it is also an app-based service for sending and receiving money online. Square first created this payment service in October of 2013. This was previously known as the Square Cash App because Square developed it to compete with other payment methods like Google Pay, Apple Pay, etc.

The Cash App is easily accessible and usable through just any smartphone device, whether Android or iOS. It is directly found in Play Store for Android and App Store for iOS devices. Similar to Venmo, you can also send money free of cost between two Cash App accounts. Additionally, it also allows you to transfer funds into your bank account in effortless ways.

Besides all that, you can link payment cards from different prominent methods like  Visa, American Express, Discover, or MasterCard. This will also facilitate you to refill money from your Cash App account to your Card for paying bills of any services or goods. Moreover, to make various transactions, you can also link your card to your Cash App account. Without linking your card to Cash App, you can also use this wallet.

How To Send Money From Venmo To Cash App

How To Send Money From Venmo To Cash App

The Procedures Of Transferring Money From Venmo To Cash App

Now we will discuss the main topic of this content and what you have come here for, and it is how to send money from Venmo to Cash App. Below we will mention two-way outs, and you can follow one of them to transfer money of your desires. These 2 ways are as follows,

  • Establish a direct deposit for your Cash App account
  • Attach the same bank account to both Venmo and Cash App

For performing a successful Venmo-Cash App interplay, make sure you read these two ways accordingly that are listed below.

Establish a direct deposit for your Cash App account

Basically, your current Cash App account will seem like a specific bank account unless you link it to any actual bank account. To set up a straightforward deposit, you need to obtain your Cash App account’s account and routing numbers. This process won’t seem like a hassling one if you have previously ordered the Cash Card joined to your Cash App account. Nothing to stay concerned about if you don’t hold, as discussed in the following ways.

Procedures Of Finding Out Account And Routing Numbers Of Cash App Account

  • First of all, you have to open the Cash App account on your device(Android or iOS).
  • A dollar symbol will appear on your screen, and you have to click on the “My Cash” page.
  • Next to the dollar symbol, there will be a “Cash” button, and you have to click on it.
  • Enter into the “Direct Deposit” section and then click on a button naming “Get Account Number” for further proceedings.
  • After that, a pop-up screen will appear, and you have to click on the “Enable Account” option.
  • At the bottom of the account info section, a button addressing“Copy Account Details” will appear to let you copy the account information on the keyboard.
  • Straight after that, a button will appear defining “Copy Routing Number,” and you have to copy things by clicking on the options.
  • Now you have to add the account and the routing number on your Venmo, and you are done.

Inputting Information Into Venmo and Follow Further Proceedings

For Adding Bank Account

  • Enter the Venmo app, and at the top corner of the central page, you will find a button made of 3 dotted horizontal lines and click it.
  •  After that, it will take you to the settings menu, and you have to select the “Payment Method” option now for further process.
  • Then there will appear a floated button addressing “Add bank or Credit Card,” and you have to click on the “Bank” option.
  • Then you have to follow some steps for verifying yourself; they will require you steps to follow.

For adding Cash App Credit card

Just like the process of adding a bank account, you can simply follow these listed below for adding a credit or cash app card with your Venmo account.

  • Similarly, after entering the Venmo app, there will be a three horizontal lined button on the top pa; click on it.
  • Again select the settings option, and hereafter that, you have to click on the Payment Methods button to step forward.
  • Following, a button directing “Add bank or Credit Card” will arrive, and now you have to choose the “Card” option.
  • After that, input your Cash App card information. Alternately you can also apprehend your card’s data with your phone camera by scanning.

Now that you have entered the account info and the routing number of your Cash App with your Venmo account, you can send money straight into your Cash App account from your Venmo balances.

Attach the same bank account to both Venmo and Cash App

This step is a bit interesting and easy to proceed with. In this step, we will go through a process to link both your Venmo and cash App account into the same bank account. Since both services can access this mutual bank account, it will be far easier for you to transfer balances between Venmo and the Cash App alternately.

Transferring Venmo Balance To Bank Account

  • Enter into the Venmo mobile app first of all. The Venmo app appears like a ‘V’ with a blue background.
  • Set the bank account that you want to transfer money between Cash App mutually by internally linking.
  • You have to follow the shown steps to verify your account and transfer money into the bank account.
  • You have to enter the Venmo Home Page and click on the three horizontal lines again for transfers.
  • Then choose the option “Transfer To Bank” or “Transfer Money.” Depending on your device, there can appear another option naming “Manage Balance.”
  •  Now enter the desired amount you want to transfer and select between instant transfer(charges will apply) or 1-3 business days(free of cost).
  • You can select from both your bank account or the credit card for transferring.
  • Lastly, review all of your information and confirm the transfer by pressing the “transfer” option.

Transferring the balance into your Cash App account

  • First of all, you have to log in to your Cash App account using your mobile phone to transfer money.
  • At this stage, you will transfer the money from the bank account to the Cash App account; just follow the demonstrated below.
  • At the home screen of your Cash App account, you have to press the “Balance” tab.
  • After that, you have to press the “Add Cash” button and then select the specific amount you want to transfer.
  • After pressing the “Add” button, you can use your Touch ID or the Pin code to confirm your transfer.

Just note below that you need to have the same bank account linked with both of your wallets for this type of transaction. 

What Is The Maximum Limit That You Can Transfer?

Not to mention before verifying your account, you can transfer a maximum amount of 300 dollars per week. If you verify your account, you can extend this number up to 2999 dollars per week. For verifying your account, you need to follow these procedures enlisted below.      

For the verification process, You have to press the button with three horizontal lines and then go to the settings and tap the“Identity Verification” opinion. Besides, you have to submit this information, and this data will be used to confirm your identity.

  • Full name
  • Address
  • Social Security Number(SSN/ITIN)
  • Zip Code
  • Birthdate

After submitting all of that information, you will be verified and send up to 2,999 dollars per week. At the time of Venmo to your bank account transaction, you can send a maximum of 999 dollars per transaction. After you get verified, you can transfer 19,999 dollars weekly.

What Are the Fees of transactions?

Most of the services from Venmo are free of cost since it is a free app, but some services are charged. For instance, if you deposit your credit card’s balance, it will charge 3% of the balance. Nevertheless, for instant transfers, it will charge 1% of your balance. Besides, for any purchases from Venmo recognized stores, they will not charge you, even if you use your card for payment. Moreover, the transfer process of money into a bank account is free.

Final Verdict

We hope you have some necessary information that will allow you to transfer the desired amount of money from Venmo to Cash App or Vice Versa. When you go for the instant transfer, it is quite faster, secured, and pleasant.

If you proceed to an instant transfer, you will be charged at a rate of just 1% of your sum amount. In any sort of transfer bank or credit card, you will be charged by Venmo. When you go for any purchases from online shops or Venmo merchants, you will not be charged, and the process is simple and reliable.

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