How Much Can You Venmo Someone: A Guide to Transaction Limits

You can Venmo friends and family up to $4,999.99 per transaction, but there's a catch - you can only send $4,999.99 every 30 days.

Venmo's transaction limits are designed to prevent money laundering and other illicit activities. This means you can't send large amounts of money to multiple people in a short amount of time.

If you need to send more than $4,999.99, you can split the transaction into smaller amounts, but be aware that you'll still be subject to the 30-day limit.

Broaden your view: Send Me Money on Venmo

If you haven't confirmed your identity on Venmo, your weekly spending limit is $299.99, which includes payments to individuals and authorized merchants.

To increase your sending limit, you'll need to verify your identity, which can be done in a few minutes on the app.

Once you've verified your identity, your weekly sending limit increases to a significant $60,000. However, individual payments might have lower caps depending on Venmo's security checks.

Curious to learn more? Check out: How Much Can I Withdraw from Venmo

You can pay up to $7,000 for purchases by using your QR code or making a payment online or through another app.

Here's a breakdown of the sending limits:

Keep in mind that these limits are calculated based on a rolling calendar, so if you send money to another user on Thursday at 2:30 p.m., the payment will clear your weekly limit the following Thursday at 2:31 p.m.

If you're wondering how much you can Venmo someone, understanding the limits is key. You can send up to $299.99 a week with an unverified account, but verifying your identity can increase that limit significantly to $60,000.

The limits are based on a rolling calendar, so if you send money on Thursday, it will clear your weekly limit the following Thursday. This means you should plan your transactions accordingly to avoid hitting your limit unexpectedly.

There are different types of transfers, including standard and instant transfers. Standard transfers have a weekly limit of $19,999.99 with a $5,000 per-transaction limit, while instant transfers have a weekly limit of $50,000 with a $10,000 per-transaction limit.

For more insights, see: Venmo Business Account Limits

Certain factors can affect your Venmo limits, even if you're verified. For example, if Venmo detects suspicious activity, it may temporarily lower your limits. New accounts might also have initial restrictions as a security measure.

Here's a summary of the weekly limits for Venmo personal accounts:

Transaction limits can be a bit confusing, but I'm here to break it down for you. You're capped at $299.99 per week for all transactions combined if your account isn't verified.

Once you've verified your identity, your weekly sending limit increases to $60,000, but individual payments might have lower caps depending on Venmo's security checks. This higher limit is a game-changer for those who need to make larger transactions.

Venmo's weekly limits are calculated on a rolling basis, which means if you send money on Thursday, it'll clear your weekly limit the following Thursday. This can be a bit tricky to keep track of, but it's essential to understand how it works.

If this caught your attention, see: Max to Send on Venmo

Here's a quick rundown of the limits after verifying your identity:

Keep in mind that these limits can be affected by suspicious activity, new accounts, or security reviews. Venmo might temporarily lower your limits if it detects unusual patterns in your account.

If you have a Venmo Mastercard debit card, there are additional transaction limits you should be aware of. For example, you can't make any individual purchase above $3,000, and reloads on your card are limited to $100 per week.

Check this out: Where Can You Load Venmo Cards

Your Venmo sending limits depend on the type of account you have. If your account is unverified, the weekly spending limit is $299.99.

You can verify your account to increase your weekly sending limit to $60,000. However, individual payments may have lower caps depending on Venmo's security checks.

Certain factors can affect your Venmo limits, even if you're verified. These include suspicious activity, new accounts, and security reviews.

If this caught your attention, see: Security Issues with Venmo

Venmo's weekly limits are calculated based on a rolling calendar. For example, if you send money to another user on Thursday at 2:30 p.m., the payment will clear your weekly limit the following Thursday at 2:31 p.m.

Here are the account-specific limits:

Keep in mind that these limits are subject to change, and you should always refer to Venmo's official help center for the most up-to-date information.

If you're a personal account holder in the U.S., excluding Hawaii, you can buy, sell, or hold bitcoin, ethereum, litecoin, or bitcoin cash on Venmo.

There are some restrictions, though - you can't use your cryptocurrency to make purchases, send payments, or transfer outside of Venmo.

Business account holders are completely out of luck when it comes to crypto transactions on Venmo.

Venmo's weekly crypto-buying limits are a generous $20,000, and the annual maximum is $50,000.

You might like: How to Send Crypto on Venmo

If you're planning to transfer funds from Venmo to your bank account, you should know about the withdrawal limits.

Venmo has two types of transfer limits: Standard Transfer and Instant Transfer.

Standard Transfer allows you to transfer up to $19,999.99 per week, with a $5,000 per-transaction limit.

Standard transfers usually take 1-3 business days to reach your bank account.

Instant Transfer, on the other hand, has a higher limit of up to $50,000 per week, but it comes with a fee.

The fee for Instant Transfer is usually 1.75% with a minimum of $0.25 and a maximum of $25.

Here's a summary of Venmo's withdrawal limits: