In our guide today, we will show you the Venmo ATM withdrawal limit.
Venmo is a money-sending app for iPhone and Android users in the U.S.
You can use your Venmo debit card to make cash withdrawals at ATMs nationwide.
The financial company has over 37,000 MoneyPass ATMs to withdraw cash for free.
The card is accepted at any ATM marked with the Mastercard, Maestro, or PULSE.
What Are The Venmo Charges In Withdrawing Money
You are charged an ATM Domestic Withdrawal Fee of $2.5 for every out-of-network withdrawal.
You are charged $3.00 Over Counter withdrawal Fees if a signature is required to obtain cash back at the bank.
ATM owner fees may also apply when you withdraw at non-Venmo ATMs.
You are not charged anything when you withdraw cash using a MoneyPass ATM within the U.S and some U.S territories.
Even if you reload your account, cash withdrawal is funded sorely with your Venmo balance.
These are the charges for Venmo ATM withdrawal in the U.S.
Venmo ATM Withdrawal Limit
The withdrawal limits vary depending on whether your account has through identity verification.
ATM withdrawal limits are rolled every week.
Your weekly withdrawal limit is $299.99 if your identity has not been verified.
The limit increases substantially once your identity has been verified.
After verification, the weekly withdrawal limit is $2,000 on a rolling basis.
The daily withdrawal limit is $400.
This is the Venmo ATM withdrawal limit in the U.S.
When Is Venmo ATM Withdrawal Limit Reset
The ATM withdrawal limit is refreshed on a rolling weekly basis.
This means that if you hit your limit, you will have to wait until one week after a transaction is posted for the amount of that transaction to stop counting against your limit.
This is the time to reset the Venmo ATM transaction limit in the U.S.
What Other Withdrawal Options Are Available
Do you want to withdraw cash but have already hit your weekly limit?
Don’t you worry!
With Venmo, you can use alternative methods to obtain cash from your account.
You can shop at domestic retailers that accept Mastercard and use the card to make payments.
You can also request cash back at point-of-sale devices to get more cash.
This is all the information you need about the Venmo ATM withdrawal limit.
Check the related ATM guides below:
American Express, DBS, Varo, Kotak, DCU, Landbank, Canara, Chime, USAA, Discover, Bank Of The West, Karnataka Bank, Woodforest, KVB, Arvest, Charles Schwab, YES Bank, ICCU, Tangerine.