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Elevate Your Transactions: Tips to Use Your Venmo Balance Instead of Your Card

Ever stumbled upon the hassle of using your bank or card details every time you want to make a transaction on Venmo? Well, fret not! Today, we are set to unveil the steps that allow you to use your Venmo balance for transactions, a method that is not only quicker but also streamlines your fund management effectively. So, without further ado, let’s plunge right into the steps of how to use Venmo balance instead of card!

How To Use Venmo Balance Instead of Card?

Let’s check easy steps to know how to use Venmo balance instead of card step by step.

Step 1: Understanding Your Venmo Wallet

Understanding Your Venmo Wallet

Begin by launching your Venmo app. In the bottom right corner, you will find the ‘Me’ section, which grants you access to your wallet. Here, you can view your current Venmo balance, which ideally should be your go-to resource for sending money to others, bypassing the need to use your bank or card.

Step 2: Choosing the Appropriate Payment Option

Choosing the Appropriate Payment Option

When you decide to send money, all you need to do is input the recipient’s name along with the amount you intend to transfer. Usually, the Venmo balance appears as an option in the privacy settings during this step. If this isn’t visible, it indicates the necessity to unlock this function. Here’s how.

Step 3: Verifying Your Identity

To maintain a secure platform, Venmo mandates that all users verify their identity before utilizing their Venmo balance for transactions. This adheres to legal norms and protects you and other users from potential fraud. You must check our guide to know how you can get yourself verified on Venmo.

Verifying Your Identity

To initiate this, go to the settings by tapping on the gear icon located in the upper right corner within the ‘Me’ section. Here, you will find the ‘Identity Verification’ option nestled under the security settings. This process will require you to input personal details such as your legal name, date of birth, social security number, and your current residential address.

Step 4: Accessing the Full Venmo Experience

Accessing the Full Venmo Experience

After successful verification, a confirmation page will greet you, signaling your entry into a more robust Venmo experience. This upgrade even includes a feature. Now, attempt to send money once more. This time, you should notice that the Venmo balance option is conspicuously available, displaying your current balance and facilitating seamless transactions without involving your bank or card. If you have made any wrong payment then you must check our guide on how you can cancel a Venmo payment.

Step 5: Conducting a Transaction Using Your Venmo Balance

Conducting a Transaction Using Your Venmo Balance

Now that your Venmo balance feature is activated, you can go ahead and proceed with your transaction. Choose the Venmo balance as your preferred payment method and complete the transaction. You’ll notice that the transaction is smoother, and the amount is deducted directly from your Venmo balance. you can check our guide if your Venmo payments are not complete.

Frequently Asked Questions (FAQs)

Q1. How do I activate my Venmo balance for transactions?

To activate your Venmo balance, you first need to verify your identity by providing necessary personal details such as your legal name, date of birth, social security number, and residential address in the Identity Verification section under settings.

Q2. Is it necessary to verify my identity to use my Venmo balance?

Yes, verifying your identity is a mandatory step to unlock the ability to use your Venmo balance. This process helps in maintaining the security and legality of transactions on the platform.

Q3. Can I still use my bank or card details for transactions after activating my Venmo balance?

Absolutely! Even after activating your Venmo balance, you can choose to use your bank or card details for transactions. The Venmo balance simply adds another, often more convenient, option for your transactions.

Q4. What are the benefits of using my Venmo balance instead of my card?

Utilizing your Venmo balance can make transactions quicker and helps in better management of your funds. It also allows you to keep track of your balance easily and facilitates faster peer-to-peer transactions.


As you can see, shifting to using your Venmo balance instead of relying on your card or bank is a straightforward affair. Should you run into any issues or have any questions, don’t hesitate to drop a comment below. Hope the above guide has helped you with how to use Venmo balance instead of card. Remember, transitioning to using your Venmo balance is not just about convenience; it’s about elevating your transaction experience to a whole new level. 

Author Profile

Elizabeth Jones
Elizabeth Jones is one of our editorial team’s leading authors on credit card offers, services & more. With over two decades of experience in the consumer credit industry and as a nationally recognized credit expert, Elizabeth provides in-depth analysis of both traditional & alternative forms of credit. Elizabeth regularly appears on many major media outlets including NBC Nightly News, Fox Business Network, CNBC & Yahoo! Finance. She is also a frequent contributor to Forbes Magazine. As a highly appreciated author for our exclusive Editorial Team, Elizabeth strives to provide readers with a trustworthy advice on how to manage their credit accounts while staying informed on the latest offers in the marketplace.

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