Is it possible to send money from Venmo to Cash App?
Venmo and Cash App are both mainly designed for peer-to-peer transactions. It’s reasonable to think of them as competitors since they provide the same service. When rivals collaborate, though, amazing things may happen.
In this post, you’ll find out whether Venmo can send to Cash App and how to make the most of both services.
You Are the Link
Officially, neither app provides direct support for the other, which is to be expected from two applications that accomplish almost identical things. Unfortunately, you cannot transfer money from your Venmo account to another person’s Cash App account.
If you have personal accounts on both applications, however, neither Venmo nor Cash App have limitations that make transfers from one service to another difficult. While there is no clear “Transfer to Cash App” option, there are a few ways to send money from Venmo to Cash App. It is up to the user to figure it out, and we are here to teach you how!
Turn Your Cash App Into a Bank
If you’ve activated your Cash App account, you may configure it to work with Venmo as a bank. This is how it’s done:
First, you must configure Cash App for Direct Deposit. To do this, take these steps:
- Tap the dollar symbol on the Cash App. This takes you to the My Cash page. Tap the Cash button once you’ve arrived.
- Go to Direct Deposit and choose Get Account Number. A popup window will display. Click the Enable Account button on it.
- The Copy Account Details button will be located under your account details. When you tap it, you’ll get copying choices. Copy Routing Number and Copy Account Number are also options. Those are copied to the clipboard.
Next, add the Cash App credentials to Venmo:
- Open the Venmo app and go to Settings by clicking the three horizontal lines icon. Then choose Payment Methods.
- Tap Add a Bank or Card and then choose Bank.
- Choose your verification method and enter the Cash App numbers in the appropriate boxes.
That’s all! Venmo will now treat your Cash App account as a bank, and you may move dollars between them in the same manner that you would send or withdraw funds from a conventional bank account.
There is an alternative approach to link the two applications, however it has different functionality. You may use your Cash Card instead of the Cash App account if you have a Cash Card connected to your Cash App account. You will not need to set up Direct Deposit on Cash App in this situation. To take the quickest route, just follow these steps:
- As with the last procedure, open Venmo and go to Settings, then Payment Methods.
- Tap Add a Bank or Card, but this time choose Card.
- Enter your credit card details. You may accomplish this manually or by using the camera on your phone.
You may be aware that transferring money from Venmo to credit cards is not feasible. As a result, you may believe that this step will only allow you to transfer money from your Cash Card to Venmo and not the other way around. Don’t worry, Cash Cards are debit by nature and, as such, may accept fast Venmo transfers.
It should be noted that immediate transactions carry a 1% cost, with a minimum price of $0.25 and a maximum fee of $10. It’s also worth noting that, although purchases from approved merchants will be free of charge, every other payment made using a card will incur a usual 3% fee.
Two Apps, One Bank
Another, more time-consuming option is to connect both Venmo and Cash App to the same bank account. After that, you may move money from Venmo to the bank and then to Cash App, utilizing your bank account as a middleman between the two.
First, transfer money from Venmo to the bank account.
- Check that you’ve added and validated your bank account on Venmo.
- Select Transfer to Bank or Transfer Money from the three-lined button. If you don’t see either option straight immediately, go under Manage Balance – this varies depending on your device.
- Enter the amount to be transferred.
- Following that, you must choose between Instant and 1-3 Business Days. The cash will be transmitted within 30 minutes after your approval, however there will be a cost as indicated above. The option 1-3 Biz Days is free, however the transfer will take longer – the indication is in the option name.
- After you’ve decided on a transfer method, choose your bank account, check and confirm the transaction information, then click Transfer.
Your money has been transferred to the bank. To add them to your Cash App account, complete these steps:
- Go to the Balance tab in Cash App, then press Add Cash.
- Enter the amount (the same as in Step 3 above) and click Add.
- To confirm the transfer, enter your PIN or use Touch ID.
You’ve successfully transferred money from Venmo to Cash App after the last step is completed. This option is somewhat slower since bank transactions take longer, but it may be handy if you find it easy to connect all of your payment applications to the same account.
It’s fantastic to figure out how to make two rival services operate together. If you use both Venmo and Cash App, integrating them will undoubtedly provide some advantages. We’re certain that your payment choices will be expanded now that you know whether Venmo can send to Cash App and how to do so.
Did you transfer money from Venmo to Cash App? Which approach did you employ? Please share your thoughts in the comments box below!
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