Venmo limits include Venmo person-to-person limits, Venmo weekly limits, Venmo monthly limits, and Venmo daily limit. These Venmo limits depend upon the verification status of your account. Verifying your identity is essential for those who need higher limits. Venmo will review and approve your request within a few business days after receiving personal information like your legal name, birth date, address, and Social Security Number. By maintaining a good standing with your account, you can increase the limits. Venmo's support team may be required in some situations to provide customized solutions. These strategies will help you manage your Venmo transfers and increase them. So, let’s begin and learn more about it.

What is the Breakdown of Venmo Limits?

Here are the different Venmo limit you should know:

• Venmo Person-to-Person Limit: The Venmo Person-to-Person Limit is the maximum you can send in one transaction. For most users, this limit is $4.999.99 per week. This limit applies to payments made directly into another Venmo Account.

• Venmo Daily limit: The Venmo daily limit is usually for smaller transactions, such as sending money or making small purchases using your Venmo Card. Although Venmo does not explicitly mention a daily transaction limit, the weekly and monthly limitations may restrict your ability to perform multiple transactions in a single day.

• Venmo Weekly Limit: For verified accounts, the limit is $6,999.99. This limit applies to all transactions, including payments between people, purchases, and payments using your Venmo Mastercard Debit Card.

• Venmo Monthly Limit: Venmo does not specify a separate Venmo monthly limit, but your monthly transactions will be controlled implicitly by the weekly limits. Your monthly limit can be estimated by adding up your weekly transactions.

How to Increase the Venmo Limit?

Verifying your identity is the easiest way to increase your Venmo limits. Venmo asks you for personal information like your name, address, and date of birth so that your account can be verified. Here is how to increase Venmo limit:

• Open the Venmo App by navigating to the Settings menu.

• Tap "Identity Verification" or "Verify Identity". Follow the prompts and provide the necessary information.

• Venmo reviews and verifies your identity in a matter of minutes or days after you submit the information.

FAQs

What is the maximum Venmo transfer limit?

Venmo's maximum transfer limit per week is $6,999.99 for most verified accounts. This includes all types of transactions, such as payments, purchases, debit card transactions, etc.

How can I increase my Venmo transfer limit?

Verify your identity using the Venmo App by entering all necessary personal information.

What are the limits on Venmo card transactions?

Venmo card transactions are also subject to the same limits. The weekly limit is $6,999.99. Venmo cards can be used to make both online and in-store purchases.

What happens if I exceed my Venmo limit?

If you exceed your Venmo limits, your transaction will be rejected.

How can I transfer more than my Venmo limit by splitting transactions?

You can divide transactions into smaller amounts, but you cannot exceed the weekly limit of $6.999.99 by doing multiple transactions.

How often does Venmo limit reset?

Venmo resets its limits on a weekly basis. This means that your limits are refreshed exactly one week after each transaction.