Venmo Daily Withdrawal Limit: Tips for Managing Your Funds

Venmo has revolutionized how we manage peer-to-peer payments, but many users are unaware of the specific limits in place for daily withdrawals. Whether you’re using the Venmo debit card or accessing your funds via ATM, knowing the exact Venmo daily withdrawal limit is crucial for managing your finances efficiently and avoiding declined transactions. This comprehensive guide explains everything you need to know about Venmo’s withdrawal policies and how to use your Venmo card wisely.

Venmo Daily Withdrawal Limit

The Venmo daily withdrawal limit is the total amount of cash you can withdraw within a 24-hour period using your Venmo debit card. As of now, the limit is set at $400 per day. This cap includes ATM withdrawals, cash back from purchases, and over-the-counter withdrawals at banks or financial institutions. If you hit this limit, you must wait for a new 24-hour cycle before making another cash withdrawal.

Venmo Debit Card Limit

The Venmo debit card limit includes various types of transactions — not just cash withdrawals. Here is a breakdown of the major limits associated with the card:

• Purchases: You can spend up to $3,000 per day.

• ATM withdrawals + cashback + OTC withdrawals: Combined limit of $400 per day.

These limits help protect users from unauthorized transactions and encourage responsible use of the card.

Venmo Card Withdrawal Limit

The Venmo card withdrawal limit applies to cash transactions. This includes:

• Withdrawals from ATMs

• Cash back at the point of sale (e.g., grocery stores)

• Over-the-counter withdrawals from financial institutions

All of these are collectively capped at $400 per day. You cannot exceed this amount, even if your Venmo balance is higher.

Venmo Card Limit

The overall Venmo card limit combines your spending and cash access limits. Here’s how it breaks down:

• $3,000 per day for purchases

• $400 per day for cash withdrawals

These limits reset on a rolling 24-hour basis, not by calendar day. That means if you withdraw $400 at 3 PM today, your limit won’t reset until 3 PM the next day.

Venmo ATM Limit

The Venmo ATM limit refers specifically to the amount you can withdraw from any ATM using your Venmo debit card. This limit is part of the $400 daily withdrawal limit. Any cash withdrawal from an ATM, whether in-network or out-of-network, counts toward this cap.

Venmo ATM Withdrawal Limit

The Venmo ATM withdrawal limit is capped at $400 every 24 hours. This includes all ATM transactions—whether you’re using a MoneyPass ATM or another network. Going over this limit will result in declined transactions, so be sure to monitor your usage through the Venmo app.

Venmo Cash Limit

The Venmo cash limit is simply another term for the combined withdrawal limit. Whether you’re getting cash from an ATM, receiving cashback during a store transaction, or making an over-the-counter withdrawal, the total amount you can receive in cash is limited to $400 per day.

Venmo Withdrawal Limit

The Venmo withdrawal limit applies to all cash-related transactions done through your Venmo debit card. This includes:

• ATM withdrawals

• Store cashback

• Over-the-counter cash

The aggregate limit for all of these is $400 per day, regardless of how you split the withdrawal types.

Where Can I Withdraw Money from Venmo for Free

You can withdraw money from Venmo for free by using your Venmo debit card at any MoneyPass ATM in the U.S. These ATMs do not charge you any fees for withdrawals. To find a MoneyPass ATM, use the ATM locator in the Venmo app or visit the official MoneyPass website. If you use an out-of-network ATM, Venmo charges a $2.50 fee, and additional operator fees may also apply.

Conclusion

Understanding the Venmo daily withdrawal limit and how it fits into the broader structure of your Venmo debit card limit is key to managing your money efficiently. By staying within the $400 daily cap, using MoneyPass ATMs for free withdrawals, and monitoring your transactions through the Venmo app, you can avoid unnecessary fees and failed transactions. Always keep track of your balance and limit usage wisely.

FAQs

Q1: What is the daily ATM withdrawal limit for Venmo?

A: The daily ATM withdrawal limit is $400, including all cash-related transactions.

Q2: Does the limit reset at midnight?

A: No, the limit resets on a rolling 24-hour basis, starting from your first withdrawal.

Q3: Can I increase my Venmo withdrawal limit?

A: Currently, there is no way to increase the withdrawal limit beyond $400 per day.

Q4: Where can I withdraw Venmo money without paying fees?

A: Use MoneyPass ATMs in the U.S. for fee-free withdrawals.

Q5: Is the $400 limit for ATM only or all cash withdrawals?

A: The limit includes ATM, cashback, and over-the-counter cash withdrawals, all combined.