How to Get Money from Venmo without Bank Account or Card ’23

Written By Branson Knowles

Venmo is one of the simplest online banks/ fintech companies you can work with. They offer their customers ease of use when they do their banking, giving them more than one way to move their cash around.

How do you get money out of Venmo if you don’t have a connected bank account or card though?

If you don’t have the Venmo debit card, or a linked bank account, you can still get money from your Venmo account. Your options are limited though, are your only choice may be to send money to one of your friends and have them withdraw it for you.

Most Venmo users have a bank account that they’ve linked to their app.

With a linked bank account, you can send money to your Venmo account from your bank and vice versa. Transfers are free and are processed in just a couple of business days.

Debit cards are useful for this reason too. If you had a debit card, you could use it at an ATM to grab cash from your Venmo account, after you sent it to your connected bank account.

the venmo debit card

If you don’t have either of these tools, it’s going to be nearly impossible for you to withdraw from your own Venmo account.

Venmo is entirely online so you can’t head into your local branch with your ID to get cash. 

This is how we’d do it at Chase Bank back in the day when I worked there.

If a customer forgot their PIN or left their debit card at home, we could use their ID to get them cash. The same doesn’t apply for an online bank

Without an external bank account, a debit card for an external bank, or even the Venmo debit card, it’s nearly impossible to get your money from the app.

The only real way of doing so is to send a transfer to a friend who has one of these tools and asking them to do the withdrawal for you.

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How to Get Money from Venmo without Bank Account or Card by Sending Money to a Friend

Online banks don’t have physical locations for you to walk into.

This is great to get out of waiting in line, but not so great when you don’t have a debit card or bank account to use to get access to your Venmo account. 

If you don’t have a debit card or bank account to connect to Venmo, and you don’t have Venmo’s own debit card, your only option to get money off of the app and into your hands is to send it to a friend on Venmo and ask them to withdraw it for you.

Sending money to other Venmo users is easy, secure, and free. The funds arrive right away too, so you don’t have to wait on your funds any longer. 

To send money to another user on Venmo, open the app and head to the Pay/Request tab.

It’s the tab smack dab in the middle of the app, represented by a card with the largest logo of the five towards the bottom of Venmo.

venmo pay or request

Once you’re at the Pay/Request tab, you can find your intended recipient by using the Search Bar.

The Search Bar will let you look people up on Venmo through their username, email, phone number, or their regular name.

Most users on Venmo have a profile picture so you can be sure you’re paying the right person.

I’d recommend using some sort of profile picture or identifier when you make a profile through an online bank, it’ll help other people make sure they’re paying the right person immensely. 

After you’ve found the user you wanted to pay, type in how much money you plan on sending them.

If you haven’t fully verified your Venmo account, you’ll only be able to send up to $299.99 a week before you hit your Venmo limit. 

If you fully verified your Venmo account though, you can send an astounding $60,000 a week through the app! That’s about the price of a decent sized house in just two months! 

venmo pay

You can send just about as much as you want to other Venmo users through the app.

There is no charge to send the money, even that much, and the transfer should be completed instantly. Your recipient will not pay any fees for receiving the funds either.

Once your funds have hit their account, they can head to their local bank or ATM and withdraw it using their debit card.

Or, they can transfer it to their bank account and head to their local bank to grab the cash there.

While the transfer from one Venmo user to another is instant, the same can’t be said for transfers made to a bank account from Venmo.

External transfers take a couple of days, usually somewhere between 1-3 business days before they’re settled.

It may seem complicated, but sending money to one of your friends on Venmo is the best way to get your money off of the app without having a debit card or connected external bank account.

Where Can I Withdraw Money from Venmo for Free

If you have the Venmo debit card, you can use it across the country at a wide range of in network ATMs to grab cash at no charge.

Venmo has partnered with the MoneyPass ATM network to give their users an easy way to get paper money for free.

To do so, simply find one of the MoneyPass ATMs online and head to it with your Venmo card.

Go to the ATM, insert your Venmo debit card, and enter your PIN you created just for your Venmo card.

The machine will connect you to your Venmo account and give you the options to withdraw cash. You can’t deposit cash into an ATM using Venmo, however.

So long as you’re using the in-network MoneyPass ATMs, you should never pay a fee to withdraw cash from your Venmo account.

You may have to receive your cash in a denomination of $20 though, as that’s what most machines give out.

How to Get Money from Venmo to Paypal

Venmo and Paypal are two of the most popular fintech companies and online banks around.

They’re both owned by the same parent company, but there’s no way to send money directly from one to another.

venmo a paypal service

If you want to send money from Venmo to Paypal, you’re going to have to get creative.

You can’t send money from Venmo to Paypal like you would from Venmo to Venmo, so you’ll either have to link an external bank account or grab some cash.

If you have an external bank account, linking it and using it as a middle man to facilitate the transfer may be the easiest way of doing so.

To connect your bank account to either fintech company, you’ll need your account and routing numbers, or just your bank’s login.

Venmo uses a company called Plaid to connect accounts to their servers.

Plaid is used by almost every major fintech company, including Chime and Cash App as well. The service is secure, free, and it only takes a second to set up. 

venmo plaid

Plaid doesn’t even make you remember your account and routing numbers.

Instead, they allow you to log in to your bank’s regular online platform, connecting your accounts on your behalf automatically. 

If you prefer, you can enter your information manually as well.

Simply enter your account number, routing number, name on the account, and name of the bank it’s coming from into Venmo and they’ll connect accounts for you.

Paypal works in a similar fashion, albeit with a different company. Paypal uses a company called Yodlee to connect accounts to their platform.

From what I’ve seen from the two apps, Yodlee and Plaid operate in a very similar manner.

They exist to link external accounts to their platforms, verifying their legitimacy and acting as a middle man between your bank account and the fintech company in question.

connecting my chase bank account to my venmo account

Once your bank account has been linked to both Venmo and Paypal, you can begin the transfer.

First, transfer the balance you want to move from your Venmo account to your newly linked bank account.

Transfers to external accounts aren’t instant. You may have to wait 1-3 business days before seeing the funds in your account, so be patient.

Once the funds are in your account though, you can begin transferring them to Paypal.

From the Paypal app, once your account is connected, add cash. It’s another process that’s similar to Venmo, with the transfer possibly taking several business days to complete. 

I’m a big fan of Paypal’s savings account. It has the best interest on the market, even better than most certificate deposits banks offer.

I mention this to let you know I use Paypal all the time, and if you want to get the most out of the fintech company, you need to learn to be patient.

That’s because Paypal is slow, very slow. I’ve used just about every fintech app and online bank out there and I can say with confidence Paypal is in a league of its own when it comes to transfer speeds.

All other fintech apps will let you add money from an external account in 1-3 business days, never usually reaching the second business day. Paypal will also let you add money in 1-3 business days, but your funds won’t reach your account until the fifth business day.

Paypal says it’s rare for transfers to take 5 business days, but that’s how long mine take.

If you’re wanting to transfer money from Venmo to Paypal, you’ll need to be patient. Expect the process to take around 7 business days, depending on Paypal.

If you don’t have that kind of time, your best bet will be to use cash.

Use your Venmo debit card at any MoneyPass ATM to get cash for free and head over to Walgreens with your Paypal app to make a deposit. 

How to Get Money From Venmo Instantly 

If you want to get money from your Venmo account instantly, you have a couple of options.

If you have the Venmo debit card, you can withdraw it as cash from an ATM. If you don’t, you can transfer it to a linked bank account instantly.

You can withdraw for free using the Venmo debit card at a huge network of ATMs through the MoneyPass ATM system. Venmo has teamed up with them to give their customers looking for physical cash a way to get it. 

If you need to transfer funds rather than have them as cash, you can. Venmo offers two transfer speeds for those of us wanting to send funds to our bank accounts: instant and standard.

venmo transfer balance

Standard is free and takes 1-3 business days, never really taking more than the first business day. Instant on the other hand, is instant. It sends your funds to your account in a matter of minutes, but there is a fee. 

Venmo instant transfer fee is 1.75%, with a minimum fee of $0.25 and a maximum fee of $25. 

If this article was useful to you, please check more written by me and our team:

About the Author

Lead Researcher, Digital Banking in the U.S. at TopMobileBanks

Branson Knowles is a former banker and current writer at TopMobileBanks.com.

During his years banking, he helped his clients discover their financial freedom through smart savings and spending goals. He started as a teller before becoming a banker and obtaining his federal licenses, furthering his clients' on their financial journeys.

After becoming one of the top producing bankers in the state, Branson decided it was time to pursue his own financial freedom. He started writing freelance finance articles before joining TopMobileBanks.com, breaking down banking like only an ex-banker could.

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