So far, we have talked about how to get money off Venmo debit card without using a bank account but when you wish to make an online transfer, we often question can you Venmo yourself?
Can you Venmo Yourself?
Yes, you can! It is possible to add money in your Venmo account and then pay bills or send payments as well.
In order to do this, you should have a verified account and a debit card. Also, make sure that don’t face Venmo lost connection with bank error during the process.
Keep in mind that you cannot transfer money between two accounts. This is because you are not allowed to hold two accounts using the same email ID or contact information.
Venmo policies will not allow you to make 2 different accounts from the same username or same identity. If you have tried to make the same identity accounts then the authorities will identify you and will ban your accounts immediately.
How To Send Money To Yourself On Venmo?
Following are all the ways you can use if you want to transfer the amount to your account.
- You should have your bank account active before you use it to send money to yourself.
- You can also use your Credit card to Venmo yourself. (You will also have to some fee if you use this method)
- You can use your Check and deposit it in your Venmo account.
- You can ask your friend to send you funds from his Venmo account to your account.
How Can You Use a Credit Card For This Purpose?
You can send money to yourself by using a credit card. However, you should have the debit card to keep those funds in your account.
You will be charged 3% of the fee of the amount that you will transfer to your account.
Follow the given steps if you want to send money through a credit card.
- Open your App on mobile either iOS or Android. However, you should have an updated version of the Venmo.
- Open the home page and click on the Menu icon.
- Click on Settings.
- You will see the payment method option there at the top of the Settings page. Click on the option of your choice i.e. credit card.
- Link your credit card by filling in the details as required by the app.
- Make sure to enter the correct information and review the details before submitting it.
Can I Pay Myself on Venmo?
Yes, you can use the debit card to pay yourself online. Here’s how its done.
- The first step is that you have to apply for the debit card. It is necessary to have a debit card if you want to Venmo yourself.
- Open the app and go to the Menu option. You will see the three-line icon that is the menu icon at the right corner of the home page.
- Select the Manage Balance icon. You will see this icon next to the Current Balance icon.
- Then using a check or cash option, transfer the money to your account after adding the necessary details.
If you are doing it by depositing the check then you have to submit clear and scanned pictures of the front and backside of the check as well.
Before You Go
It is easy and FREE to Venmo yourself but if you are using a credit card to perform the transfer, it will charge little fees. Afterwards, don’t forget to read about transfer of money from Venmo to Cash App or Venmo to PayPal to learn more about money transfers with Venmo.
Moreover, you can add your friends to your the account and ask them to send you money from their account! In fact, it is one of the most convenient ways and takes the lease amount of time.
Miriam Caldwell is a dedicated & expert freelance writer to educate people about personal finance management and budgeting. She shared her knowledge and published the articles at TheBalance.com, GOBankingRates, and BlissfullyDomestic.com. Many financial institutes pick Caldwell as the brilliant source for educational personal finance content.