Venmo has grown to become one of the most popular way of sending money online in the United States. Its is mostly used by make transactions with friends, family and other acquaintances. Most people make use of it to perform transactions, which is why, keeping your Venmo accounts loaded with cash will help you to make this transactions with ease.
There are lot of ways available on how to “Venmo” ones account. However, lot of Venmo users have been sending us email, requesting answers to the question; “Can you Venmo yourself?“. This had led to our team taking a week off to make some research about it.
Hence, in this article, we will be providing answers to the question, “how to Venmo yourself“. So, without further ado, let us proceed.
What Does It Mean To Venmo Yourself?
To Venmo oneself simply means to add money into one’s Venmo account. This simply includes sending money to your very own Venmo account. However, to Venmo oneself could have various meanings, with one of it referred to as sending money from Venmo to your own Venmo.
Can You Venmo Yourself?
Yes, you can Venmo yourself. However, Venmo(ing) yourself this does not mean that you can use your Venmo accounts 1 to Venmo, or send money to your Venmo account 2, as that is highly prohibited by Venmo. Rather, you can only send money to your Venmo accounts via banks or Credit cards.
How To Add Funds To Venmo – How To Venmo Yourself
Since you can not Venmo yourself using another Venmo account owned by you (as Venmo highly prohibits this), our research team found a secret hack on how you can add funds to your Venmo account using the Venmo platform.
This basically involves sending money from your acquaintance, family or friend via a Venmo account, from theirs to yours. Below are steps on how to add funds to Venmo using your Venmo account.
- Open the Venmo mobile app
- Ask the person to log in to their Venmo account
- On the Venmo dashboard, click on “Send Money”
- Enter the amount that you wish to Venmo to yourself
- Click on Continue
- Enter your Venmo account details
- Click on Send money to make the transfer
- Confirm on your Venmo account
Note: with this steps, you can Venmo yourself without using a bank account or a credit card. This is the only type of Venmo transfer that you can do between two Venmo accounts.
How To Pay Yourself On Venmo Via Credit Card
Aside the trick above, which showed how you can Venmo yourself via using another persons Venmo account, you can also add money to your own Venmo account via a Credit card. Below are steps on how to pay yourself on Venmo via Credit card.
- Open your Venmo mobile app
- Log in to your Venmo account
- On your Venmo account dashboard, click on “Add money”
- Enter the amount that you wish to add or top up your Venmo balance with
- Tap continue
- Select the method that you will be making the payment with
- Select card
- Then again” Select Add card
- Enter your Credit card details (you can also select the Credit card you want, from the list of saved Credit card on your Venmo account)
- Click on confirm
- Wait for your Venmo balance top up
How To Venmo Yourself On Venmo Via Bank Account
Similar to how you will pay yourself on Venmo using a Credit card, you can also pay yourself on Venmo via a bank account. In fact, this is one of the most popular ways which people get to Venmo themselves. All that is needed is just for you to transfer money from your bank account to your Venmo account. Below are steps on how to pay yourself on Venmo via bank account:
- Open your Venmo mobile app
- Log in to your Venmo account
- On your Venmo account dashboard, click on “Add money”
- Enter the amount that you wish to add or top up your Venmo balance with
- Tap continue
- Select the method that you will be making the payment with
- Select bank
- Again, select add bank
- Enter your bank details to verify it. Including the pin (you can also select the bank account you want, from the list of verified and saved bank account on your Venmo account)
- Click on confirm
- Wait for your Venmo balance top up
How Long Does It Take To Transfer Money From Bank To Venmo?
For making a transfer from Venmo to bank account, it usually takes about 1 working day minimum to 3 working days maximum.
Is It Free To Venmo Oneself?
For a normal Venmo account, it is free to Venmo oneself. However, for business Venmo account, it is not free to Venmo oneself. And each payment that you receive, Venmo charges a fee.
Fees For Making A Venmo Transfer To Yourself
Venmo only place charges on the recipients account when they receive money. And despite that, not all Venmo accounts have to pay the fee. Only Venmo business accounts are mandated to pay the fee. Venmo charges 1.9% of the received money, plus an additional 10 cents only on Venmo business accounts.
FAQ’s
Can I Venmo my Own Account?
Depends. You can not create anothet Venmo account using the same details that you used to create your first Venmo account, and then use it to Venmo yourself. However, there are a few accepted tricks that you can use to Venmo yourself.
Can I Venmo Myself With A Credit Card?
Yes, you can Venmo yourself with a Credit card. Above, I have shown you steps on how to Venmo yourself with a Credit card.
Can You PayPal To Venmo?
No, you can not PayPal to Venmo directly. Both parties are not integrated to work together.
Also Read: How To Get Free Money On Venmo
Can You Venmo Yourself With A Gift Card?
No, you can not Venmo yourself with a gift card. This includes all sort of gift cards such as Walmart gift cards, Amazon gift cards, Targett gift cards and lot of others.
Can You Have Two Venmo Accounts?
No, you cannot have two Venmo account. Venmo prohibits a user from having more than one verified accounts.
Is It Free To Venmo Oneself?
Depending on if your Venmo account is a business account. Nevertheless, it is free to Venmo oneself using the normal Venmo account.
Learn More: How To Add Money To Your Venmo Account
Summary
No doubt, you have learnt how to effortlessly Venmo yourself using