How to Transfer Money from Venmo to Cash App

Venmo and Cash App are different payment applications, making people wonder if one could transfer money between these two is a widespread thing for users. More specifically, users commonly ask how to share money from Venmo to Cash App. Sending money from Venmo to another Venmo account is easy. However, is it possible to send money from Venmo to Cash App? Well, yes.

And if you are looking for ways to transfer money from Venmo to Cash App quickly, then this article got you covered.

To do the transferring of the amount that you desire, you can do one of the two ways listed below in this article:

Set up a direct deposit for your Cash App account.

Link a mutual bank account to Venmo and Cash App.

To learn how the transferring of money works between Venmo and Cash App from your mobile, make sure to keep reading down below.

Related: How to Add Money to Your Cash App Card

How to Transfer Money from Venmo to Cash App

What is Venmo?

Venmo is a top-notch payment application since it is reliable and easy to use. The application is available both on Android and iOS. With this app, you can quickly send payments and receive money with ease. You can use Venmo to pay your bills or transfer money to your friends and family.

However, Venmo restricted their customers to only those in the United States. Users both need to be in the United States to allow the transfer of money.

Like any other payment applications, Venmo would be able to do its tasks if you link your U.S. bank to your account. Also, linking your debit or bank account to your Venmo will let you withdraw your money.

Related: How to Make Venmo Payments Private

How Can You Transfer Your Money From Venmo to Cash App?

Now, let’s talk about the topic you came here for, transferring money from Venmo to Cash App. As mentioned above, there are two methods to do a Venmo-Cash App interaction, but let’s discuss it individually. [As a note, we also started using a company called Step, which is banking for teens. If you’d like you can read my review here].

Set up a direct deposit for your Cash App account.

A Cash App account may act as another bank account as long as you link it to the original one. To set-up the direct deposit, you must find the account and routing numbers of your Cash App account. That will be an easy step if you already ordered your Cash Card connected to your Cash App account. However, if you don’t have one, a list of steps is prepared below for you to follow.

Related: Does Walmart Cash Checks? What You Need To Know

How to Find Your Cash App Account and Routing Numbers

  • Open the Cash App on your device, may it be Android or iOS.
  • You should see a dollar sign on the screen. Tap it to enter the “My Cash” interface.
  • A “Cash” button should be present on the screen with a dollar sign next to it. Tap that button.
  • And then, tap the “Get Account Number” button in the “Direct Deposit” section.
  • After that, there will be a pop-up screen, and then press the “Enable Account” button.
  • The “Copy Account Details” button should appear. You can find the button under the account information. Then tap it.
  • Then “Copy Account Number” and “Copy Routing Number” will appear. Clicking those buttons will allow you to copy the information to your clipboard.
  • Add the Account and Routing Numbers to your Venmo

Input those into your Venmo. 

Follow the simple steps below:

  • On the Venmo app’s Home Page, you will find at the top part a button consisting of three horizontal lines; you must click it.
  • The button will allow the Settings to pop up. In that section, tap the “Payment Methods.” Then, press the “Add a Bank or Card” button, and then select “Bank.”
  • After that, you will need to verify yourself through the given verification methods.
  • If you have your Cash Card with you, you can easily set up the direct deposit much easier. If you want this route better than the mentioned above, there here is the step-by-step guide:
  • On the Venmo app’s Home Page, you will find at the top part a button consisting of three horizontal lines; you must click it.
  • The button will allow the Settings to pop up. In that section, tap the “Payment Methods.” Then, press the “Add a Bank or Card” button, and then select “Bank.”
  • Now, all you have to do is enter the information written on your Cash Card, or you can also scan those with your camera.

Related: How Does Venmo Make Money?

Transferring your Money between Venmo and Cash App

Since you now linked your Cash App with your Venmo, you can directly deposit your money from your cash-app account balance.

Linking your Venmo and Cash App to a single bank will be more efficient since both will be able to access the balance of your account. That means that you will be able to transfer money from Venmo to Cash App, and vice versa.

Transfer the Balance of your Venmo to your Bank Account

1. Add the bank account that you want to link with your Cash App mutually.

2. Verify that bank account through the methods provided.

3. Transfer the balance to your bank account. To do that, follow the steps below:

  • On the Venmo app’s Home Page, you will find at the top part a button consisting of three horizontal lines; you must click it.
  • And then press the “Transfer Money” button or the “Transfer to Bank” one.

Enter how much balance you desire to transfer. And then choose whether you want it “Instant,” which applies a small fee, or the ‘1-3 Business Days” that does not charge you anything.

Choose whether the transaction will be that through your bank account or debit card. Make sure to review and then confirm.

Once you’ve done a thorough review and sure about the transaction, tap the “Transfer” button to implement the actions.

After that process, you then need to switch to your Cash App.

Add the Transferred Balance to your Cash App

If the process successfully transferred the money to your bank account, you will need to switch over to your Cash App and add the desired balance. To do that, follow the instruction written below:

On the home interface of the Cash App, tap the Balance Tab. And then select Add Cash.

Enter the desired amount that you want to add to your balance, and then tap the “Add” button.

To verify and confirm your actions, use the Touch ID feature or your Pin.

Ensure you linked your Cash App and Venmo to a mutual bank, or the transfer of balance will not work.

What’s the Maximum Amount that You can Transfer?

Typically, an unverified account only allows up to $299.99 amount of the transfer. However, that amount will increase to a $2,999.99 transaction amount per week once you have verified your identity. To do that, follow these simple steps:

Press the “Three Layers of Horizontal Lines” at the top of the interface. Then tap the “Settings,” and then press the “Identity Verification.”

Verification requires you to submit the following information:

  • Full name
  • Address
  • Social Security Number
  • Zip Code
  • Birthdate

Does Venmo charge you for the transactions?

Just like other payment applications, Venmo applies charges with each service you use.

For example, depositing your credit card’s balance will have Venmo charge 3% of the amount. However, for instant transactions, Venmo will charge you 1% or 25 cents from the amount.

Furthermore, Venmo is kind enough to charge you when you buy things online with Venmo payment available, even when using your credit card.

Conclusion

Transferring money from Venmo to Cash App requires linking your Cash App to your Venmo or having both associated with a mutual bank account. Also, for every transaction you have, Venmo will charge you for your service, unless you are using the app to buy something online.

Disclosure:  this article might contain links to the resources discussed.
Some of the links are affiliate links, meaning that I will make a small commission if you purchase a product or service by using the link. You get the same price whether you use our special link or not, and sometimes I’m able to get you an even better deal through my relationships!  More info in my privacy policy.

Brooks Conkle

Brooks Conkle

Brooks is an Entrepreneur, Sponge, Father, Husband, & Follower of the Golden Rule. He has over 15 years of experience as an entrepreneur after graduating with a BSBA in Finance from Auburn University. He’s addicted to growing new business ideas and any food that includes chocolate and peanut butter. Brooks is a firm believer in creating multiple streams of income and creates content here on BrooksConkle.com to help other hustlers in the areas of marketing, online business, personal finance, and real estate. 

Brooks Conkle

About Me

With 15 years of experience as an entrepreneur, I help hustlers build multiple income streams so that they can control their financial future and create a flexible lifestyle.
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Disclosure:  these articles contain links to the resources discussed.
Some of the links are affiliate links from Amazon and other companies, meaning that I will make a small commission if you purchase a product or service by using the link. You get the same price whether you use our special link or not, and sometimes I’m able to get you an even better deal through my relationships!  More info in my privacy policy.

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