how to load venmo debit card

Venmo is an online payment system that allows users to transfer money to their friends and family with just a click. The company has recently introduced a Venmo debit card which allows users to spend the money in their Venmo balance wherever Mastercard is accepted. In this article, we will learn how to load Venmo debit card so you can start using it for your purchases.

Step 1: Verify Your Venmo Account

In order to load your Venmo debit card, you must first verify your Venmo account. This is a one-time process that can be completed in a few minutes. To verify your account, you will need to provide your full legal name, date of birth, Social Security Number, and a valid US address. Once your account is verified, you will have access to all the features of Venmo, including the ability to load your debit card.

Step 2: Add Funds to Your Venmo Balance

Before you can load your Venmo debit card, you need to have funds in your Venmo balance. There are several ways to add funds to your balance. The easiest way is to link your bank account and transfer funds from your bank to your Venmo account. You can also add funds using a debit card or credit card, but Venmo charges a 3% fee for these transactions. Once you have funds in your Venmo balance, you can proceed to the next step.

Step 3: Load Your Venmo Debit Card

To load your Venmo debit card, open the Venmo app on your phone and tap on the “☰” icon in the top left corner of the screen. Then, tap on “Venmo Card” and select “Load Card”. Enter the amount you wish to load and select the funding source. You can choose to use your available Venmo balance or one of the linked bank accounts. Once you confirm the transaction, the funds will be loaded onto your debit card.

Step 4: Use Your Venmo Debit Card

Now that you have loaded your Venmo debit card, you can start using it for your purchases. The card can be used anywhere Mastercard is accepted, including online and in-store. You can also use the card to withdraw cash from ATMs, but Venmo charges a $2.50 fee for each withdrawal. Remember to keep track of your balance and avoid overspending to prevent overdraft fees.

Conclusion

Loading your Venmo debit card is a simple process that requires you to have a verified Venmo account and funds in your Venmo balance. With the card, you can conveniently pay for your purchases without the need to carry cash or remember your credit card details. Just follow the steps outlined in this article and enjoy the benefits of using your Venmo debit card.