If you are looking for how to get money from Venmo without bank account, then read this article carefully as we discovered a method that will help you get money from Venmo without a bank account.
The majority of people usually link their bank accounts to their Venmo accounts in order to withdraw or top-up their Venmo balance. This is because most of them don’t know how to get money from Venmo without bank account or because they have a bank account and prefer to use it.
Now, let’s assume for some reasons well known to you, you don’t have a bank account, does this mean without a bank account you can’t get money from Venmo?
It is very possible to get money from Venmo without a bank account and we will teach you the easy step-by-step guide on how to get money from Venmo without bank account.
Although it requires extra action and time to wait, in the end, it will be worth it.
How to get money from Venmo without bank account
How to get money from Venmo without bank account is through a Venmo debit card. Venmo debit cards have the same function as every other regular debit card from banks and credit unions.
Since other debit cards can permit online transfer, Venmo Debit Card allows the same which makes it how to get money from Venmo without bank account.
A Venmo debit card works directly with your Venmo account balance. Whatever figure or the amount you have on your Venmo account balance is the same amount that your Venmo debit card carries.
This means that If someone tops you up on Venmo, it will always reflect on the Venmo debit card. Without the Venmo debit card, how to get money from Venmo without bank account will not be possible.
Also, Venmo debit cards are usually Mastercard and it operates on the Mastercard network. With Venmo Mastercard, you can easily withdraw your money in your Venmo account with any ATM machine accepting Mastercards.
This is how to get money off Venmo without bank account and also without relying on any bank services.
Also Read: 10 Benefits Of Saving Money In The Bank
Aside from that, it is also how to transfer money from Venmo without bank account, and how to receive money on Venmo without a bank account.
Now that you have known how to get money from Venmo without bank account using a Venmo debit card, your may be wondering how to get the Venmo debit card and who you can get it from.
Who Issues the Venmo Debit Card?
The Venmo Mastercard® Debit Card is issued by The Bancorp Bank, which is a large bank established in 1999.
In recent years, Bancorp Bank’s major focus has been on financial technology (fintech) and growing that sector to make the world a better and easier place to live.
Aside from Bancorp Bank, MasterCard is also involved in the production of Venmo debit cards. Actually, MasterCard helps back the Venmo debit card, acting as the payment processor for the debit card.
Mastercard makes how to get money from Venmo without bank account possible.
This means you can withdraw money from your Venmo account with a Venmo debit card in any Mastercard supported ATM outlet, with that every transaction you make with the Venmo debit card goes through the MasterCard system.
How to get the Venmo Debit Card
Since it’s all about how to get money from Venmo without bank account, you have to reach the criteria of creating a Venmo account to be able to request a Venmo debit card.
Below are the requirements for creating a standard Venmo account that will be eligible for a Venmo debit card:
- You must be living in the United State
- You should be up to 18 years old
- You must have a USA phone number that can send and receive SMS messages from shortcodes.
After having all these requirements in place and you have successfully created or updated your Venmo account, the next step of how to get money from Venmo without bank account is by requesting for Venmo debit card.
Make sure you have the current version of the Venmo app so that you will see all the options for the Debit card application, and then follow the procedures below to request for Venmo debit card:
- Open the Venmo app on your phone
- At the top left corner of the Venmo app, click on the toggle “☰” button to see the Venmo menu
- Once you see the Venmo menu, click on Venmo Debit Card. (NOTE: If the “Venmo Debit Card” it’s not available, that means for some reason you are not ineligible for a Venmo debit card.)
- After clicking on the ‘Venmo debit Card,’ you will be taken to a page promoting the features and benefits of a Venmo card. Just scroll down to click on the ‘Get The Venmo Card’ button at the bottom of the page.
- The next page is where you will customize the color of your Venmo debit card. You can choose from the only five colors available which are; black, blue, pink, purple, and white.
- After that, you will then confirm your personal information. Firstly, you will be requested to fill in your first and last names. When you click Next, you will have to fill in the last four digits of your Social Security Number (SSN), including your date of birth.
- After filling out your personal information, tick on the read Terms and Conditions to acknowledge that you’ve read it and other Venmo policies, then click on next to continue.
- You will be taken to where you will fill in your address. This address also serves as your Venmo card shipping address so you have to make sure it’s very accurate to avoid disapproval or shipping your debit card to another destination.
- When you click Next, you’ll be at a page where you can select to reload your Venmo card automatically anytime it’s running out of balance. Since it’s how to get money from Venmo without bank account, turn off the automatic reload of the Venmo card and click Next.
- The next page is a quick overview of all the information you’ve entered. Crosscheck them and correct any error or mistake before clicking the “Submit” button
You may use any of the identification documents below:
- Your U.S international passport
- Driver’s license
- Tribal ID card
- ITIN Assignment letter
- DHS card
- SSN card
- Or any U.S. government-issued ID
Another important thing you need to bear in mind is the image and name on the identification document. Your photo in any identification documents you want to provide must be clear in order to prove that it actually belongs to you.
If not, how to get money from Venmo without bank account may not work for you.
Also, the name on the identification document should be the same as the name that will be on the debit card and the full name in your Venmo account.
The main reason Venmo request all these things is because the governments require financial institutions to verify the identity of individuals applying for bank or card accounts. The main purpose is to prevent funding of terrorism, and other kinds of crime.
If you had already provided this information when opening a Venmo account, you won’t be requested to submit them again when applying for a Venmo debit card. The only thing you may do is to reconfirm your name and home address and this is how to get money from Venmo without bank account.
How much does it cost to get and maintain a Venmo card?
Everything about Venmo debit cards is free. This means that applying for a Venmo debit card is totally free and the good news is there are no monthly fees for using a Venmo debit card.
Also, online transactions done with Venmo debit cards are free of charge, which makes how to get money from Venmo without bank account to be totally free.
However, If you intend to use the Venmo debit card on ATMs, there may be fees associated with this kind of usage.
ATM withdrawals with a Venmo debit card will cost you a fee of $2.50, while withdrawal over the bank counter or any other relevant institution, will cost you a fee of $3.00.
But the good news is that you can avoid these fees by making withdrawals with MoneyPass® ATMs within the United States. Also If you buy products from any merchant with Maestro® or PULSE labels, you may receive cash backs depending on the merchant’s participation.
However, there is a daily withdrawal limit of $400 when using a Venmo debit card. While this amount may not sound like a lot, it proves that how to get cash from Venmo without bank account is very possible.
How long does it take for the Venmo Debit card to arrive?
How to get Venmo money without bank account is through a debit card, so you have to wait for the card to arrive before you can use it to access your Venmo money.
Once you have applied for a Venmo debit card, it will undergo a verification process to get approval for the debit card. If the verification process is successful, and your Venmo debit card is approved, it usually takes ten to fifteen business days to arrive at your shipping address.
You are not allowed to apply or have two Venmo debit cards for your Venmo account. Also, you cannot add another person’s debit card to your Venmo account.
So if you fail to receive your debit card after fifteen business days, you should contact Venmo to know the main reason for the delay and if there is any disapproval, they will let you know the reason.
After receiving your Venmo MasterCard card, you may be wondering how to get money off Venmo without bank account. Well, it’s very simple.
How to get money off Venmo without bank account is only done when you activate the Venmo debit card you just received. After activating the Venmo card, you can then use it to shop online and also withdraw at any ATM outlet that accepts MasterCard.
Does Venmo Debit card expire?
Just like other cards, Venmo debit cards have expiry dates. Venmo usually alerts you on the Venmo app within 60 days before your Venmo Debit Card expires.
Aside from that, even when they fail to alert you, you should always be keen on the expiry date to prepare for a new Venmo debit card. You can then request a replacement once the card is expired.
If your old Venmo debit card has never been used before and it’s almost expiring, how to get money out of Venmo without bank account is by making at least one transaction with your old Venmo debit card before requesting a new one.
While requesting a new card, make sure that you update your shipping address if you have relocated to a different location.
Venmo usually closes cards permanently if you don’t activate them within 90 days of receiving them, so you should activate your Venmo debit card upon getting a new card.
What if you lost your Venmo Debit card?
After following the steps of how to get money from Venmo without bank account and finally received and activated your Venmo debit card. Along the line, you misplaced your card, or someone steals it from you.
If any of the above incidents occur, the only option to make your money save is by quickly disabling the card from your Venmo app.
You can achieve this by going to Settings on your Venmo app, then clicking on Venmo Debit Card, and selecting the “Deactivate card” option.
If you can’t easily login into the Venmo app, you can also deactivate your Venmo debit card by calling Venmo customer service on the phone number listed on the back of your Venmo Debit Card and then asking them to deactivate the card on your behalf.
or you can as well:
If you finally found your card after losing it, how to get money from Venmo without bank account is by reactivating it back through your Venmo app and making sure it doesn’t take long to find the card.
If you fail to find the Venmo debit card, you can request a new debit card by contacting Venmo customer service on (855) 812-4430
These same procedures also apply if your Venmo debit card gets damaged. it will help you reconnect your damaged or stolen Venmo debit card, making how to get money from Venmo without bank account easier and possible.
The above article is how to get money from Venmo without bank account and we hope it helps you get your Venmo money through a Venmo Mastercard Debit card.
Using Venmo debit cards, you can even get your Venmo money from any ATM that supports Mastercard. You can as well make use of the Venmo card to withdraw cash over the counter of any bank that accepts Mastercard.
With the above guide on how to get money from Venmo without bank account, you can run your Venmo account like a full-blown online bank account and also use its debit card if your expenses are within your daily limit of $400.
And the method of how to get money from Venmo without bank account is even less difficult than using a bank account.
The bottom line is that even though there is how to get money from Venmo without bank account, you still need to add a bank account for some Venmo transactions when the need arises.
Thank you for having time to read this article just to learn how to get money off Venmo without a bank account.
Please don’t forget to share this step-by-step guide of how to get money from Venmo without bank account with your social media friends.