How to Transfer Money from Venmo to Cash App? Here is the Guide

How to Transfer Money from Venmo to Cash App Here is the Guide

Thinking about transferring money from Venmo to Cash App?

But not getting the perfect way?

Hold on, you have landed on the perfect place. Here I will let you know each and every information you have been googling for a long time.

Venmo and Cash App are two different payment applications used for money transfer and bill payments. People who use these apps always have questions like how to transfer funds from Venmo to the cash app. Although most of the users already know how to transfer money from one Venmo account to another, here the question is transferring money from Venmo to Cash app. And here I am going to tell you the way to solve this paradigm in a very easy way.

We will discuss two different methods to transfer your money from Venmo to the Cash app.

  • Setting up direct deposit for your Cash app account.
  • Linking a mutual bank account between Venmo and the Cash app.

What is Venmo?

Venmo is one of the most famous payment applications because of its reliability and easy user interface. You can download it from both Android and iOS. With Venmo, you can easily send payments and receive money lightning-fast, and you can also go with paying bills or transferring money to your loved ones.

There is one thing that doesn’t make it a global app that only the users of the United States can use, and even the payment can be sent and received between the users of the United States.

To get along with this app, you would need to link the bank account you have in the United States to send money and link your debit or bank account to withdraw money from the app.

How Can You Transfer Your Money from Venmo to The Cash App?

Let’s come back to the point that we had initially started this conversation for, which is transferring money from Venmo to the Cash app. As we discussed earlier, there are two ways by which one can transfer money from Venmo to the Cash app. So we are going to discuss these two ways in detail.

Transferring Money by Setting Up a Direct Deposit for Your Cash App Account

A Cash app account is like a bank account that will work better when you link your bank account with this app. Once you link your bank account with that, you will get its benefits.

To set up direct deposits, you need to have your Cash app account’s account number and routing number. If you have already ordered your cash card linked to your Cash app account, then your job will be easy; however, if you haven’t done it, you can follow the below-given guideline.

How To Locate Your Cash App Account and Routing Numbers?

  • Open the app on your Android or iOS device.
  • Enter the ‘my cash’ interface by tapping on the dollar ($) sign given on the screen of your app.
  • Click on the cash button, which will be present on your app screen next to the dollar sign.
  • There you will find the ‘get account number’ button in the ‘direct deposit’ section.
  • In the next section, you will see a popup screen, and you will get an option of ‘enable account’; you need to click on that.
  • You need to copy your account details by tapping on the ‘copy account details’ button that you will find under the ‘account information’ section.
  • Just after that, you will get a chance to copy your ‘account number’ and copy your ‘routing number’ by clicking on these two options, and that’s how we can copy.
  • At last, you will get an option to add your account number and routing number to your Venmo account.

Enter These Details into Your Venmo Account

  • To begin with, entering details, you need to open Venmo’s homepage and click on the three horizontal lines on top of the app.
  • Once you get the settings popup, you will find the payment methods; you need to tap on it and then add your bank details by tapping ‘add a bank or card,’ and then select your bank.
  • You need to go through your identity verification methods to set up your identity.
  • Here you can enter your Venmo account details.

Transferring money is now easy since you have entered your Cash app details and when you have account details and linked both of these accounts, so, sitting up direct deposit your money is possible now.

Linking A Mutual Bank Account to Venmo and Cash App

Another way by which you can transfer cash from Venmo to your Cash app is by Linking your Venmo and Cash app to a joint bank account.

Transfer The Balance Of Your Venmo To Your Bank Account.

  1. Add the bank account you want to link with your Cash app and Venmo.
  2. Verify your bank account for the correct transactions.
  3. Follow these steps to transfer your balance to your bank account
  4. Go to the Venmo app’s homepage and click on the three horizontal lines.
  5. Then, you will get an option to transfer money; click on that button to transfer your money to the bank account.

Once you click, you need to enter the amount you wish to transfer to your bank account. After that, you need to choose whether you want your balance to be transferred ‘instantly,’ which takes a nominal fee, or you are ok with getting your money in 1-3 business days which does not have any charge.

Choose whether you want the transaction to be done according to your bank detail or your debit card detail and confirm it. Once you are sure about the accuracy of your bank details, click the ‘transfer’ button.

Add The Transferred Money to Your Bank Account

In this way, instead of directly transferring your money from Venmo to the Cash app, we are going through an indirect way. We first transfer the money from the Venmo account to your bank account, and then the money will be transferred to your Cash app account.

To perform this action, you need to go to your Cash app, tap on the balance option, and choose to add cash. Enter the desired amount you wish to transfer as your balance, and click on the add button. Verify your account details and use your identification pin to transfer the money from your bank to your Cash app account, and that’s how you will be able to indirectly transfer your money from your Venmo account to your Cash app account.

Frequently Asked Questions

Is there any limit to the maximum amount that I can transfer?

Is there any charge for performing balance transfer?

Final Words

In this article, we have understood how to perform balance transfers from Venmo to Cash app in two different ways. Whichever way you are comfortable with, you can opt for that. These are the perfect and widely accepted ways to transfer your money to other accounts.

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