Just recently a friend of mine that created a new cash app account was asking if it will be possible for him to transfer money from venmo to cash app that he created newly, I told him yes you can send money from venmo to cash app with ease, but how?
In my previous article I give a comprehensive guide on how to add money to cash app card at Walmart in any Walmart store near you which I made it known to new cash app users that their are countless ways to fund your cash app account from any fintech apps or companies.
Which is why am here to answer the pressing question; can you send money from venmo to cash app? Is it really possible let find out, but remember that cash app uses Lincoln savings bank as it’s main bank to connect with most fintech app like plaid, which serves as a mediator between two fintech apps.
Cash app is not a bank, it is just a fintech company that people uses for financial transactions, while venmo is an American mobile payment service that was founded in 2009 to solve the problem of financial transactions between business owners and their customers, with the help of venmo they can easily perform transactions with ease.
It is a subsidiary of PayPal since 2012. With the help of venmo friends and families can share their bills among each other such as; house rent, for dinner, electronics bills etc.
However, venmo was created for people in United States which means you may find it difficult to use it outside USA, and you can transfer funds to others through a mobile phone app but, you and the sender must live in USA. Now, let look deep into the question can you send money from venmo to cash app?
Can you send money from venmo to cash app?
Yes, but you can not see send money to cash app option on your venmo app, though you can transfer money from venmo to cash app fast using just two simple methods which i have outlined below:
- Link your bank account to both venmo and cash app.
- Create a direct deposit for your cash app account
Furthermore, there are many ways to transfer money from Venmo to cash app on the internet and youtube but any method works, I am also convinced that you cannot transfer money from Venmo to a cash app directly, because their is no option for that.
But, It is easy to transfer money from Cash App to a Cash App account, in the same way, it is easy to transfer money from Venmo to Venmo, but when it comes to transferring money from Venmo to Cash App, you may not see any option.
However, in this section of this article am going to show you the simplest ways to fund your cash app account using venmo. Will you like to learn? Keep reading…
How to Link a bank account on both (Venmo and Cash App)
I like using this method and anyone that ask me can you send money from venmo to cash app? This is exactly the steps that I normally show the person, You will just have to link your Venmo and Cash App to one bank account.
After setting up this process you can deposit funds from Venmo to the bank and then transfer them to Cash App, using your bank account as an intermediary between the two. How? By following the steps below.
How to add a bank account to Venmo;
To add a bank account to your Venmo account
- Go to your account and select “Link Bank Account” then follow the instructions;
- Go to the “Me” tab by tapping your picture or initials
- Tap the Settings gear in the top right then “Payment Methods”
- Tap “Add a bank or card…” and then select “Bank”
- Select your preferred verification method.
If you choose to add your bank account manually, do not enter the check number that appears after your account number. This can cause transfers to fail or be rejected by your bank.
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- After linking and verifying your bank account.
- Now is the time where you will have to transfer your balance to the bank account.
- Open the Venmo app, find the three lines on the top of the page, and click on it.
- Click on ‘Transfer Money’ or ‘Transfer to the bank.’
- Enter the balance amount which you want to transfer and select whether you require instant or 1-3 Business days.
- Make a choice whether your card or bank account should do the transaction.
- After doing the entire process, click on the ‘Transfer’ button.
Therefore, you are done with the process; now, you will have to switch to your Cash App.
How to add the transferred amount to the Cash App?
Here are the following steps you will have to follow to add the transferred money to your Cash App.
- Go to your Cash App, click on the Balance Tab and select add cash.
- Enter the amount which you want to add to your balance and then click on ‘Add.’
- They will ask you for the verification, which you will have to do by using your touch ID or the pin number.
NOTE: when you add your bank account to Venmo manually, they will send small amount of cash to your bank account to verify ownership (these will be $1 or less).
To avoid any overdraft or other bank fees make sure you have at least $2 in your bank account.
Once you add a bank account, they strongly recommend that you verify it before transferring funds or sending a payment. Venmo is not responsible for lost bank transfers as a result of incorrect bank credentials.
How to create a direct deposit for your cash app account
To activate your cash app account to be able to receive direct deposit from venmo you need to set up a direct deposit on cash app using the steps below and I believe that after going through this guide you will not ask can you send money from venmo to cash app again!
- Open Cash App and tap on the dollar sign. This will take you to the My Cash tab. Once there, tap the Cash button.
- Navigate to Direct Deposit and tap on Get Account Number. A popup will appear. On it, hit the Enable Account button.
- Under your account information, there will be the Copy Account Details button. Tap it and you will see copying options. Select both Copy Routing Number and Copy Account Number.
Next, add the Cash App credentials to Venmo:
- Open the Venmo app and go to Settings by tapping the button with three horizontal lines. From there, go to Payment Methods.
- Tap Add a Bank or Card and select Bank.
- Select your verification method and paste the Cash App numbers in the required fields.
Now, Venmo will use your Cash App account like a bank, and you can transfer funds between them the same way you move or withdraw any amount from a regular bank account.
There is another way to connect the two apps, with different functionality. If you have a Cash Card linked with your Cash App account, you can use your card instead of the Cash App account.
In this case, you won’t need to set up Direct Deposit on Cash App. To take the faster option, just follow these steps:
- Open Venmo and, as in the previous method, go to Settings, then to Payment Methods.
- Tap Add a Bank or Card, but in this case choose Card.
- Insert your card information. You can do this manually or use your phone’s camera.
Maybe you already know that transferring funds from Venmo to credit cards isn’t possible. Therefore, you may think this step will enable you only to send money from your Cash Card to Venmo, not the other way around.
Don’t worry – Cash Cards are debit by nature, and as such can receive instant transfers from Venmo.
Note that instant transfers have a fee of 1%, although the minimum fee deduced can be $0.25, while the maximum is $10.
Also, it’s important to remember that, while making purchases from authorized merchants will be free of additional costs, for any other payment using a card there’ll be a standard 3% fee.
But wait, let me guide you more…
How Can I Send Money From Venmo To Cash App Using Venmo Card
Since Cash App allows you to add a bank account or debit card to your account, you can add the Venmo card to fund your Cash App account.
Follow the steps below in order to send money from Venmo to Cash App using your Venmo Card:
- Login to your Cash App and navigate to Cash App Balance.
- Find and choose the option “Add Debit Card”.
- Enter your Venmo Debit Card details to your Cash App and choose the “Add Card” option.
- Select “Add Cash Button” and enter the amount of money to add to your Cash App from your Venmo account.
- Select Venmo Debit Card as the method to add funds and tap “Add Cash”.
As soon as the process is complete, the money will be added to your Cash App from the Venmo Account.
How to Transfer Money from Venmo to Cash App Using Cash App Card
Similar to Cash App, Venmo also allows you to link a bank account or debit card to your bank account.
Cash App Card which is also known as Cash Card is actually a debit card and it can be linked to your Venmo account and once it is already linked, you can now withdraw funds directly from your Venmo account onto your Cash App Card.
You can follow the steps below to link a Cash Card to your Venmo account:
- Move to the “You” tab by tapping the profile icon.
- Press the Settings gear in the top right then Press “Payment Methods”.
- Tap “Add bank or card…” and then tap “Card”.
- Add your Cash App card information.
Immediately you have linked your Cash App card to Venmo, you can follow the steps below to transfer money from Venmo to Cash App.
- Open Venmo app and tap the three horizontal lines (≡) on the top left corner.
- Select “Manage Balance”.
- Select “Transfer to Bank”.
- Enter the Amount of Money to transfer to your Cash App account.
- Select “Instant Transfer” (which will be done at a 1.5% fee with a minimum fee of $0.25 and a maximum fee of $15 of the total amount to be transferred).
- After that, select “Transfer to” and select your Cash App card from the list of cards displayed.
- Now, tap “Transfer” to transfer the money from your Venmo account to Cash App.
How to Add Your Bank Account to Cash App
You will be needing your account and routing number in order to link it to your Cash App account. You can follow the steps below to add a bank account to Cash App.
- Open Cash App.
- Tap the Profile Icon on your Cash App home screen.
- Select “Linked Banks”.
- Tap “Link Bank”.
- Follow the prompts to link your bank.
Transfer Money from Bank Account to Cash App
Now, you will have to transfer money from your bank account to Cash App.
Here is how it is done:
- Tap the Balance tab on your Cash App home screen.
- Tap “Cash Out”.
- Choose an amount and press “Cash Out”.
- Select a deposit speed.
- Confirm with your PIN or Touch ID.
Frequent Asked Questions;
Yes, you can link venmo and cash app together using plaid. Plaid is a fintech app that always serves as a bridge between two apps that can’t connect together directly.
For example you can use plaid to connect cash app and your bank account together or connect cash app and venmo.
Can I use venmo without a bank account?
Yes, you can use venmo to receive payment without a bank account. But, if you are making use of direct deposit it will require that you have a venmo debit card to be able to receive funds.
How do I add money to venmo without a bank account?
You can add money to venmo without a bank account apart from someone sending you the money on venmo. All you have to do is register for a venmo debit card and link your bank account to it, then you can use it to tranafer funds into your venmo account without any blockage.
You can add credit, debit and prepaid, network branded (e.g. American Express, Discover, MasterCard, Visa) cards registered under your name can be added to Venmo.
Cards may be declined by Venmo for funds availability or fraud prevention reasons. Also, some payment cards may require a zip code to be linked to your account.
What do I do if I add my bank account but then it becomes disconnected?
If you receive an error message that says something like, “We lost connection with your bank,” you’ll need to delete the bank account from your Venmo account and add it back again. This is likely to happen if you update your online banking password.
If you re-add the bank account manually (using your account and routing number), keep in mind that you’ll need to verify the bank account. That process usually takes 1-2 business days.
If you need to make a payment urgently, consider adding a debit card to your Venmo account.
You can visit venmo help portal for more answers related to bank accounts cards.
I have been able to answer your question “can you send money from venmo to cash app“, I believe that with the help of these guides you can be able to transfer money to cash app or your bank account from venmo without any difficulty.
If you are currently using any of this platform to perform transactions, kindly tell us how you normally send money to people easily.