Venmo, the popular payments app from PayPal, for making payments for your daily purchases with a ton of social features. One benefit of Venmo is the Visa debit card offered by Venmo, which is linked to your Venmo balance and works pretty similar to a normal debit card. In this post, we provide answers to a ton of common questions you may face on the Venmo Debit Card like does Venmo offer a virtual debit card, Venmo debit card limits, can you get cash back on Venmo Debit Card, etc.
Does Venmo have a Virtual Debit card? Is the Venmo Debit Card Virtual?
No, Venmo does not offer a virtual debit card on the Venmo App. You can only make transactions using the physical Venmo card or directly using the Venmo wallet.
This is unlike other apps like Cash App etc. which do offer a virtual Cash Card within the app, to use in absence of the physical Cash Card.
In fact, Venmo does not even display your Venmo debit card number and its details inside the app, citing security reasons.
As Venmo can work online directly as a payment method in many merchant apps and websites, Venmo does not seem the need to launch a Virtual Debit Card at the moment.
However, if you apply for a Venmo credit card, you get this feature of Virtual Card.
So it is a bit surprpising and probably there may be a virtual debit card offered in the future.
Is the Venmo Debit Card digital
No, Venmo currently provides a physical debit card that can be used online or in stores as a normal debit card.
You can apply for the Venmo debit card using the Venmo app and it is sent by post to your mailing address within 15 business days.
The Venmo debit card is essentially a prepaid card linked to your Venmo balance. So if you pay using the Venmo Card or Venmo app, the amount gets deducted from your Venmo in-app balance.
Does Venmo Card Give Cash Back
You can get Cash Back offers on your Venmo Debit Card, by making eligible purchases at participating merchants using your Venmo debit card. You can find the active merchant offers for cash back by going to the Offers section of the Venmo app.
The Venmo Offers is powered by Dosh rewards system. When you swipe your Venmo Debit Card, Dosh checks to see if it is eligible for a cashback reward. If the transaction is eligible for a reward, Dosh will send cashback to your Venmo account after the merchant completes the charge.
Do note that these offers running on Venmo Debit Card may be different and should not be confused with the cash back offers running on Venmo credit card.
Also, here we are talking about Cash Back offers. Venmo also allows you to perform a cash back transaction which is akin to withdrawing cash at ATM. For this, you need to make a purchase at an eligible store using Venmo debit and at the time of checkout on the PoS, you get an option for cash back to withdraw cash (which is counted within your ATM withdrawal limit) along with the purchase. Eligible stores for Cash back include Target, Walmart, Walgreens etc.
How to Get a New Venmo Card if your original card is lost, stolen or damaged
You can get a new Venmo card by reaching out to Venmo Customer Support. You can check our guide on how to get a new Venmo card which explains all the steps. You can’t order a replacement on the Venmo app unless it is a case of the card getting expired.
Does Venmo Debit Card Cost Money
No, the Venmo debit card is free to use and it does not cost you any money to apply for a new Venmo card or even for a replacement card, in case the original cost is lost, damaged, or stolen.
In fact, there are no fees even when you are using Venmo for your purchases or other transactions. But for ATM (outside Venmo network) and over the counter network withdrawals are subject to fees
You can withdraw money for free at their network MoneyPass ATMs (within the U.S) using the Venmo Debit Card. You can find nearby network ATMs using the Venmo App. You can also check this link on MoneyPass website to find ATMs.
You can also withdraw money free by opting for Cashback withdrawal option, when you swipe Venmo Debit Card at Point of Sale devices on various stores like Walmart, Dollar General, Walgreens, etc.
Does Venmo Debit Card Work with Apple Pay
No, unfortunately, the Venmo Debit Card does not work with Apple Pay.
This is probably due to conflicting interests and competition. You can refer to our post on some workarounds to indirectly use Venmo with Apple Pay.
Does Venmo Debit Card have a Routing Number
You can find the routing number for your Venmo account in the Venmo App. For this, go to the “You” tab by tapping on the person icon , next tap on Settings (gear icon) on the top right, then tap “Direct Deposit” and “Show Account Number” to get your Venmo account information along with the routing number that appears on the screen
Does Venmo Debit Card Build Credit
No, Venmo Debit Card is a prepaid card that is linked to your Venmo balance. Transactions done using your Venmo debit card are not reported to any of the Credit Bureaus and do not have any impact on your credit score.
With a Venmo Debit Card, you are not getting any credit and you are only using your Venmo balance.
Venmo, however, also offers a Venmo Credit Card, which you have to apply separately which can impact your credit score and help build credit if you make on-time payments.
Does Venmo Debit Card Have a Limit
Yes, the Venmo debit card is subject to Venmo overall account limits and the limit on debit card spend is $2999.99 per transaction and $6999.99 per week. In addition, there is a daily purchase amount limit of $3,000 and maximum count of 30 transactions per day, and ATM withdrawal limit of $400 per day.
Again, the Venmo Debit Card limit can be impacted by the other transactions you do on Venmo, as it is subject to the overall Venmo account limits.
If you spend $4,000.00 on person-to-person payments during your rolling weekly period, you will have $2,999.99 of your combined $6,999.99 limit to spend on Venmo Debit Card and authorized merchant purchases.
Venmo Mastercard Debit Card transactions are subject to additional limits:
|Venmo Debit Card Spend Limit||Limit|
|Per transaction Limit||$2999.99|
|Weekly Spend Limit||$6999.99|
|ATM Withdrawal Limit, |
Over the Counter Limit, Cash Back Limit
|$400 per day|
|Daily Purchase Limit||$3000|
|Daily Transaction Limit||30 transactions per day|
Can I have 2 Venmo Debit Cards?
No, Venmo allows you to hold only 1 Venmo debit card for one account. At any point in time, you can only have 1 active Venmo Debit Card associated with your Venmo account, and it must be in the name associated with the account.
Can you use Venmo Debit Card Internationally?
No, you cannot use Venmo outside the USA and for payment to US merchants only.
Hope this post helped you address most of your queries on the Venmo Debit Card. It makes sense for you to get the Venmo Debit Card as that opens up options to use Venmo any place you go (wherever Mastercard is accepted).