How do I know my Venmo limit?

To check your Venmo limits, you can follow these steps within the Venmo app:

Step-by-Step Guide

1. Open the Venmo App:
   • Launch the Venmo app on your mobile device.
2. Access the Menu:
   • Tap the three horizontal lines (menu icon) in the top-left corner of the screen.
3. Go to Settings:
   • Scroll down and tap on "Settings."
4. Select "Payment Limits":
   • Within the Settings menu, look for an option labeled "Payment Limits" or something similar (Venmo might update the app, so the exact wording can vary).
5. View Your Limits:
   • Here, you will see your current limits for various types of transactions, including:
     • Venmo Weekly Sending Limit: The total amount you can send per week.
     • Venmo Bank Transfer Limit: Limits for transferring money to your bank account.
     • Venmo Purchase Limit: Limits for making purchases using Venmo.

Additional Information

• Verification Status:
  • If your account is not verified, consider completing the identity verification process to increase your limits. You can do this in the "Settings" menu under "Identity Verification."
• Understanding Rolling Limits:
  • Venmo’s limits are calculated on a rolling basis. This means your limits are based on the transactions made in the past 7 days.

Tips for Managing Limits

• Keep Track of Your Transactions:
  • Regularly review your transaction history to stay aware of how close you are to your limits.
• Complete Verification:
  • To increase your limits on venmo, make sure your account is verified by providing the necessary personal information.

By following these steps, you can easily check and understand your Venmo limits. If you need further assistance, Venmo's customer support can provide more detailed information specific to your account.