I. Introduction
Are you having difficulties withdrawing money from Venmo without using a card? If so, you’re not alone. Many people have encountered this problem, and it can be quite frustrating. In this article, we’ll explore various ways to withdraw your funds without a card, so you can access your money when you need it. We’ll discuss six different methods, and we’ll provide step-by-step instructions for each one. By the end of this article, you’ll be able to choose the best method for your needs.
II. Linking Venmo to your PayPal account
One way to withdraw money from Venmo is by linking your Venmo account to your PayPal account. This allows you to transfer your Venmo balance to your PayPal account, which you can then transfer to your bank account or use to make purchases. Here are the steps:
- Open the Venmo app on your mobile device and navigate to the menu.
- Select “Settings.”
- Select “Payment Methods.”
- Select “Add a Bank or Card.”
- Select “PayPal.”
- Follow the prompts to link your PayPal account to your Venmo account.
There are some advantages to this method. For example, you can use your PayPal balance to make purchases, and you can transfer your money quickly and easily. However, there are some limitations as well. You’ll need a PayPal account, and you’ll have to wait for your money to transfer from Venmo to PayPal.
III. Requesting a check from Venmo
Another way to withdraw money from Venmo is by requesting a check. Venmo will mail you a check for the amount of your Venmo balance. Here’s how to do it:
- Open the Venmo app on your mobile device and navigate to the menu.
- Select “Transfer to Bank.”
- Select “Standard.” This will ensure that you don’t incur any fees for this transaction.
- Enter the amount you’d like to withdraw.
- Enter your mailing address.
- Confirm the transaction.
There are some advantages to this method. For example, you don’t need a bank account or debit card, and you can receive a paper check. However, there are some limitations as well. You’ll have to wait for the check to arrive in the mail, and you’ll need to deposit the check to access your funds.
IV. Transferring money via bank account or debit card
If you have a bank account or a debit card, you can transfer your Venmo balance directly to your account or card. Here’s how:
- Open the Venmo app on your mobile device and navigate to the menu.
- Select “Transfer to Bank.”
- Select “Instant” or “1-3 Biz Days.” Instant transfers incur a fee of 1% of the transfer amount, with a minimum fee of $0.25 and a maximum fee of $10. 1-3 Biz Days transfers are free.
- Enter the amount you’d like to transfer.
- Select your bank account or debit card.
- Confirm the transaction.
There are some advantages to this method. For example, if you have a bank account or debit card, you can transfer your money directly to your account or card. However, there are some limitations as well. Instant transfers incur a fee, and 1-3 Biz Days transfers take some time to process.
V. Utilizing a Venmo card
Venmo offers a Mastercard debit card that you can use to withdraw money from your Venmo balance. Here’s how to use it:
- Order the Venmo card from the Venmo app.
- Activate the card when you receive it.
- Find an ATM that accepts Mastercard and doesn’t charge a fee.
- Insert your Venmo card into the ATM and follow the prompts to withdraw cash.
There are some advantages to this method. For example, you can withdraw cash directly from your Venmo balance using the debit card. However, there are some limitations as well. You’ll need to order and activate the card, and you’ll need to find an ATM that accepts Mastercard and doesn’t charge a fee.
VI. Using a peer-to-peer exchange service
There are peer-to-peer exchange services such as Circle and Square Cash that allow you to transfer money between accounts. You can transfer money from your Venmo account to your Circle or Square Cash account, and then transfer it to your bank account or debit card. Here’s how:
- Create an account with Circle or Square Cash.
- Link your Venmo account to your Circle or Square Cash account.
- Transfer money from your Venmo account to your Circle or Square Cash account.
- Transfer money from your Circle or Square Cash account to your bank account or debit card.
There are some advantages to this method. For example, you can transfer money between accounts and then transfer it to your bank account or debit card. However, there are some limitations as well. You’ll need to create an account with Circle or Square Cash, and you’ll need to wait for the transfer to process.
VII. Utilizing a prepaid debit card
You can also withdraw money from Venmo by transferring your Venmo balance to a prepaid debit card such as NetSpend or PayPal Prepaid. Here’s how:
- Create an account with NetSpend, PayPal Prepaid, or another prepaid debit card provider.
- Link your prepaid debit card to your Venmo account.
- Transfer money from your Venmo account to your prepaid debit card.
- Withdraw cash from an ATM using your prepaid debit card.
There are some advantages to this method. For example, you can transfer your Venmo balance to a prepaid debit card and then withdraw cash from an ATM. However, there are some limitations as well. You’ll need to create an account with a prepaid debit card provider, and you’ll need to find an ATM that accepts your prepaid debit card.
VIII. Conclusion
In conclusion, there are several ways to withdraw money from Venmo without using a card. You can link your Venmo account to your PayPal account, request a check from Venmo, transfer money to a bank account or debit card, use a Venmo card, utilize a peer-to-peer exchange service, or use a prepaid debit card. Each method has its advantages and limitations, so it’s important to choose the one that works best for your needs. We hope that this article has been helpful in guiding you through the different options for withdrawing money from Venmo without a card.