How To Withdraw Money From Venmo Without Card [3 Easy Ways]

You can use Venmo without card but there's no direct way to withdraw money from Venmo without card. Here are the best ways to get this done.
withdraw money from venmo without card

Venmo users usually wonder how to withdraw money from Venmo without card.

There are ways to access the funds in your Venmo account without card.

Venmo has been serving the money transfer concept for years now as it lets users send and receive money without hassle and without having to pay excessive fees for the transfer.

Once you link a funding source to your Venmo account (U.S. bank account or debit card), you will be able to carry out any transaction with your Venmo account.

Venmo supports many online banks.

In fact, if you have a bank account from an online bank such as Varo, you can link it to your Venmo account and even withdraw money from Varo without card.

You can even do an instant transfer of money from Venmo to debit card once you've linked an eligible debit card to your Venmo account.

The best way to withdraw money from your Venmo account is with your Venmo debit card.

What if you don't move along with your card? Can you withdraw money from Venmo without card?

Though you can use Venmo without card, withdrawing money from Venmo without card isn't a straightforward process since Venmo does not support cardless ATM withdrawals.

However, this shouldn't sound unfortunate for you since there are many other indirect ways to withdraw money from Venmo without card.

That said, this article focuses on showing you how to withdraw money from Venmo without card.

Table of Contents

Can I Use Venmo Without a Card?

You can use Venmo without a card, of course.

It is common nowadays to transfer money or pay bills without using a card.

You can trade money with Venmo by attaching it to another debit card, bank account, or Venmo account where you want to receive or send money.

You can use the Venmo app without card to pay your rent, utility bills, restaurant bills, and retail expenses without having to use a Venmo card.

Venmo is also used by businesses and merchandisers to pay their staff.

Venmo is a less time-consuming money exchange online bank that does not require additional paperwork.

Does Venmo Offer Cardless Withdrawals?

To put it simply, Venmo does not support cardless ATM withdrawals.

This implies that if you don't have a card on you, you won't be able to withdraw money from Venmo at an ATM.

This is due to the fact that Venmo does not yet have the functionality to conduct these types of transactions.

As a result, the only option to get cash from Venmo is to use your debit card at an ATM (which charges $2.50 each withdrawal*) or over-the-counter at most major banks or credit union locations (which costs $3.00 per withdrawal) and show your debit card.

Can You Withdraw Money From Venmo Without Card?

Though you can use Venmo without card, withdrawing money from Venmo without card is not possible.

This is due to the lack of support for Venmo with cardless ATM withdrawals making it impossible for you to withdraw money from Venmo without card at an ATM.

However, there are many ways to withdraw money from Venmo without card that you may use to get funds from your Venmo account even if you don't move along with your Venmo debit card.

Nonetheless, getting money from Venmo without bank is a great way to withdraw money from Venmo if in case you don't want to use your bank account.

Best Ways To Withdraw Money From Venmo Without Card

You can't withdraw money from Venmo without card directly.

In this case, you will have to use indirect ways to get money from your Venmo account without card.

That said, below are the best ways to withdraw money from Venmo without card.

1. Send Money to a Friend's Account In Exchange for Cash

If you have a friend or relative who uses Venmo, then sending money to his/her account in exchange for cash is one of the best ways to withdraw money from Venmo without card.

All you need to do is to find someone that uses Venmo that you know, and ask if you can send them Venmo balance in exchange for physical cash.

Some of them might ask you to pay some fee, you should be able to do that if you really need the money.

2. Transfer the Money to a Bank Account and Withdraw at Your Bank's ATM

Another way to withdraw money from Venmo without card is by transferring the funds from your Venmo balance to your bank account and then withdrawing the money from your bank's ATM once the funds arrive your bank account.

The only downside of this way is that it takes longer (up to 72 hours depending on your bank).

However, it is another reliable way to get your money out of Venmo without card.

You can also transfer money from Venmo to PayPal and withdraw from your PayPal prepaid card.

Nonetheless, transferring money from Venmo to Cash App is another option to consider.

3. Order a Venmo Card for Your Account

If you don't need your cash right away, ordering a Venmo card may be a good choice.

It's entirely free and straightforward to order a Venmo card.

The cost of everyday use is nothing.

This card can be linked to your Venmo balance and used to make cash withdrawals.

You can order your Venmo card through the app, which includes a request for a Venmo card.

After ordering this card, it may take five to seven days for it to arrive at your address.

When ordering a Venmo card, remember to include a piece of valid ID information, such as a driver's license, passport, or social security card.

What is Venmo?

Venmo is a mobile payment service based in the United States that was created in 2009 and has been owned by PayPal since 2012.

Venmo was created to help friends and family share bills, such as movie tickets, food, rent, or event tickets.

Account users can send money to others via a mobile phone app; the sender and receiver must both be residents of the United States.

In 2021, the company processed $230 billion in transactions and earned $850 million.

How Does Venmo Work?

Venmo is, at its core, a cashless method of sending and receiving money. For example, you can use Venmo to split a dinner bill with a coworker, pay for your share of a taxi journey with your aunt, or send your roommate half of your monthly rent.

Venmo's capabilities, however, extend much beyond that. You can also:

  • Venmo's Mastercard debit card can be used to make purchases everywhere Mastercard is accepted in the United States.
  • Pay for purchases from authorized Venmo partners using Venmo applications and mobile websites.
  • After you've validated your identification by enrolling for a Venmo debit card or setting up direct deposit, use an in-store QR code to make a purchase with Venmo Cash certain checks.
  • Enroll in direct deposit to have your paycheck sent directly to your Venmo account up to two days before your regular payday.
  • Get price alerts for four different types of cryptocurrency (Bitcoin, Ethereum, Litecoin, and Bitcoin Cash), which you may purchase, sell, or hold using Venmo.

Venmo's app is available for both iOS and Android devices.

Who Can Use Venmo?

The Venmo app has three main requirements for use. You must:

  • Be based in the United States.
  • Have a cell phone in the United States that can send and receive text messages using short codes; short codes are five- or six-digit numbers for texting in the United States.
  • You must be at least 18 years old to participate (in most cases).

You'll need a U.S. bank account or a debit card that can be used for instant money transfers if you wish to transfer money from your Venmo account to your bank account.

You must add a U.S. bank account, credit card, or debit card to initiate payments if you don't have access to a Venmo balance.

You must add a U.S. bank account, credit card, or debit card to initiate payments exceeding your Venmo balance if you have access to a Venmo account with a balance.

What Does It Cost To Use Venmo?

Customers are not charged monthly or annual fees by Venmo. Additionally, it does not charge for basic services like:

  • Sending money from your Venmo account, a linked bank account, or a linked debit card
  • Accepting money into your Venmo account or taking money out of your Venmo account
  • Using your linked bank account to make a standard transfer

Venmo, on the other hand, charges for some premium features and services. These are some of them:

  • When you use your credit card to transfer money to someone, you will be charged a 3% fee.
  • A 1% fee (with a $5 minimum) is charged for using the check-cashing tool to deposit payroll and government checks faster.
  • A 5% fee (with a $5 minimum) is charged for using the check-cashing tool to deposit non-payroll and non-government checks faster.
  • A 1.5 percent fee (minimum 25 cents, maximum $15) is charged when money is transferred from your Venmo account to an eligible connected debit card or bank account.
  • Buying and trading bitcoins has fees ranging from 50 cents to 2.3 percent.

Is Venmo Safe?

Venmo is generally thought to be safe.

Venmo claims to use encryption to protect your account information and to track your behavior to discover illegal transactions.

It also claims to save your information in secure locations on computer systems.

To increase protection, you can use the Venmo app to add an account PIN code.

Venmo's accounts are further protected by multifactor authentication.

When you sign into your Venmo account, you may be asked to verify your identity by entering a code sent to your phone or email by Venmo.

Venmo's platform is "built for payments between friends and others who trust each other," according to the company. Avoid paying for products and services unless Venmo has allowed it."

Venmo now requires users to verify their identity through the Venmo app in order to boost security.

Venmo won't let you use your Venmo balance to make payments without verification, but you may still receive money and transfer it to your bank account.

To authenticate your Venmo account, you'll need a Social Security number or an individual taxpayer identification number (ITIN).

"While there is always a danger in sending sensitive information to a corporation," the Identification Theft Resource Center states, "identity verification is vital to limit the frequency of identity crimes."

In a related move, Venmo now allows users to choose whether their friends list on the app is public, private, or friends, as well as opt out of being shown on the friends lists of other Venmo users.

Scams employing Venmo and other cash apps have increased since the Covid-19 outbreak began, according to the Identity Theft Resource Center.

Scammers have targeted users of cash apps via social media, email, and text communications in order to steal their money or identities.

Scams involving Venmo include:

  • Informing someone by email or text message that they've won a prize from Venmo
  • Calling a Venmo user to obtain their account information (Venmo doesn't do this)
  • Calling a Venmo user and pretending to be someone from Venmo tech support
  • Selling something to a stranger who tricks you into believing they've paid for an item or service when they actually haven't

Final Thoughts

Venmo is a mobile payment service based in the United States that was created in 2009 and has been owned by PayPal since 2012.

Venmo lets users send and receive money online instantly.

Venmo users can use their funds without card for paying rent, utility bills etc.

However, you cannot directly withdraw money from Venmo without card at an ATM since Venmo does not offer cardless ATM withdrawal support.

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About the Author

Graphic Designer, Web Developer, Ethical Hacker, Programmer, Content Creator is what I am and over all a Biochemist with an aim of bypassing all restrictions that separate me from my objectives.

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