Tweet
Have you ever hit your Venmo weekly limit at the wrong moment? Frustrating, right? Increasing your Venmo weekly limit can make managing larger expenses much easier. Whether you’re handling rent payments, splitting group bills, or just want more flexibility, learning how to increase your Venmo limit is worth it. This guide walks you through simple steps to get a higher limit and answers common questions along the way.
What is the Venmo Weekly Limit?
Venmo sets a weekly limit on how much you can send and spend to help protect your account. For unverified users, this cap is usually lower, while verified accounts have higher limits. Weekly limits apply to both person-to-person payments and purchases with authorized merchants. Knowing your current weekly limit can prevent unexpected holds on your account and help you budget your transactions.
How Much is the Venmo Weekly Limit for Verified vs. Unverified Accounts?
The Venmo weekly limit varies depending on whether your account is verified or unverified:
- Unverified Accounts: Limited to approximately $299.99 for weekly spending.
- Verified Accounts: Typically enjoy higher limits, reaching up to $4,999.99 weekly for payments and purchases.
Addressing these issues can help you raise your Venmo limit and enjoy more flexible spending.
Understanding Venmo Payment Limits vs. Withdrawal Limits
Venmo users have different types of limits:-
- Venmo Payment Limits: The total amount you can send to others or spend with Venmo-authorized merchants weekly.
- Venmo Withdrawal Limits: If you have a Venmo Card, there’s a cap on ATM and cash-back withdrawals (typically $400 daily).