Easy Ways to Use Venmo Balance Instead of A Card: The Ultimate Guide  

In a world where cash is no longer king, digital wallets have emerged as the modern-day monarchs of transactions. Among these, Venmo stands out due to the convenience it offers, boasting more than 85.1 millions of active users.

No matter what you want to buy, you can use your Venmo Balance to buy anything easily with just a few clicks!

Imagine a scenario where you’re at the checkout counter, and instead of fumbling through your wallet for a card, you simply use your Venmo balance. No more declined transactions due to a forgotten card pin or a maxed-out credit limit. Just a seamless, hassle-free payment experience.

But how can you easily use venmo instead of a card. Let’s get started with our ultimate guide on easy ways to use venmo balance instead of a card. 

Also Read: 6 Tips for ChatGPT Custom Instructions on Reddit for Beginners

How To Use Venmo Instead of A Card?

Here are simple ways to use venmo instead of a card

1. Start the Venmo App

• Go to the “Me” section
• Tap the Settings icon
• Navigate to the ‘Payment Method’ at the end of the app screen
• Switch to ‘Venmo Balance’ after finishing your transaction.
• Verify your Venmo account before using the balance feature.

Additionally, ensure two things:

• Your Venmo account can access the Venmo Balance feature.
• Your Venmo balance has sufficient funds to cover the entire payment.

If either of these conditions is not met, you will not be able to send money from your Venmo balance.

2. Using Your Venmo Balance

• Connecting Your Bank Account
• The first thing to do is link your bank account to your Venmo account.

To link your bank account, do the following:

• Open the Venmo app and go to the “☰” menu
• Tap “Settings” and then “Payment Methods”
• Select “Add a bank or card” and choose “Bank Account”
• Provide your bank account details and follow the instructions to confirm your account
• Adding Funds to Your Venmo Balance
• After linking your bank account, you can add funds to your Venmo balance.

Transfer funds from your linked bank account to your Venmo balance

• Accept payments from friends or family and retain the money in your Venmo balance
• Use your Venmo debit card to deposit cash at a supported retailer

Note that there might be fees associated with adding money to your Venmo balance, depending on the method you choose.

3. Using Venmo Balance Instead of a Card

Venmo allows you to use your Venmo balance instead of a card.

• Choosing Venmo Balance at Checkout
• When making a payment on Venmo, a screen will prompt you to select a payment method.
• By default, your linked bank account or card will be chosen. However, if you have a Venmo balance, you can easily select it instead. Simply tap “Change” next to the payment method and choose “Venmo Balance.”

• After selecting your Venmo balance, complete the payment as usual.
• The funds will be taken from your balance instead of your linked bank account or card.

How to withdraw Venmo Balance?

If you want to withdraw your Venmo balance for use outside the app, you can easily do so. First, verify your identity. Then, follow these steps:

• Tap the three horizontal lines in the top-left corner of the app
• Select “Manage Balance”
• Choose “Transfer to Bank”
• Select the amount you wish to transfer
• Choose the bank account to transfer to
• Tap “Instant” or “1-3 Biz Days” based on your preference
• Confirm the transfer. It’s that simple! 

What if I Don’t Have Access to Venmo Balance?

If you don’t see a “Venmo Balance” option at the top of the “Payment Methods” screen under “Settings” in the “Me” tab, it means you haven’t activated the feature for your account.

In this case, you need to complete identity verification to access the “Venmo Balance” feature. This can only be done via the Venmo app, not the Venmo website.

Here’s how:

• Launch the Venmo app on your smartphone.
• Tap your picture or initials to access the “Me” tab.
• In the top right corner, tap the “Settings” gear.
• Select “Identity Verification.”
• Tap “Next” and provide the required information, such as your full name, address, date of birth, and the last four digits of your Social Security number.
• Follow the on-screen prompts and tap “Next” to finish the process.

How Long Does Identity Verification Take?

Fortunately, identity verification usually takes only a few minutes. So, if the information you provide is accurate, you won’t have to wait long before you can start using your Venmo balance.

However, if some of your information is missing or if you’ve changed your name or address, the process will take longer (typically a few days) because you’ll need to submit additional documentation in the Venmo app to further verify your identity.

Another event that may cause a delay in completing the identity verification process is if you made a mistake when entering information or provided incorrect documentation.

In this case, you’ll need to wait and watch for a follow-up from the Venmo team requesting the correct details via the app if necessary.

Also, if you don’t have the latest version of the Venmo app, you won’t be able to complete your identity verification. So, make sure your app is up to date.

How Does Venmo Balance Work?

Venmo Balance is a feature available on the Venmo app and website that allows you to use the money in your Venmo account to make transactions.

This feature is available just by signing up for a Venmo account. You need to verify your identity via the Venmo app to use your balance because Venmo transactions are regulated by the United States Treasury Department.

You can check whether you have access to Venmo Balance as follows:

• On your smart device, open the Venmo app.
• Tap your picture or initials to access the “Me” tab.
• In the top right corner, tap the “Settings” gear.
• Select “Payment Methods.”
• If there’s a “Venmo Balance” option at the top of the screen, you can use the feature right away.

Also Read: 5 Best Budget Headphones to Buy This Festive Season

FAQs