Why Does My Venmo Card Keep Declining? 5 Possible Reasons

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Your Venmo card could be a credit or debit card that’s linked to your Venmo account. You can use it to spend your Venmo balance online or in person.

Are you planning to spend some of your money using your Venmo card on your next shopping spree? Would you like to make sure it won’t be declined? 

Maybe you’re in a tough situation because you’re already at your favorite hotel or shop and your Venmo card isn’t accepted! 

If you’re asking yourself, “Why does my Venmo card keep declining?” This article is for you! 

This information could be what you’re looking for if your Venmo card was declined and you don’t know how to remedy the situation. So, keep on reading!

RELATED READ: Can you Decline a Payment on Venmo? How to Reject a Venmo Payment?

Why Does My Venmo Card Keep Declining

Why Does My Venmo Card Keep Declining?

There are a few reasons why your Venmo card has been declined:

  1. Your bank or card supplier has declined the transaction.
  2. You’ve reached your transfer limits.
  3. You may have reached your payment limits.
  4. You haven’t completed your identity verification, which limits your spending. 
  5. Venmo declined the transaction for security reasons.

What to Do If Your Venmo Payment Was Declined?

What should you do if your payment was declined?

You can follow these steps to resolve the issue:

  1. Contact your bank directly to make sure it has approved the transaction.
  2. If your card issuer declined the transaction, Venmo can’t override it or fetch details about your transaction. So, it’s better to call your card issuer.
  3. Try using a different card if you have another.
  4. Use another payment method, like PayPal, if you’ve got one.
  5. If Venmo has declined the transaction for suspected security issues, contact the Venmo support team.

Venmo Credit vs. Debit Card

You need to know the difference between a Venmo credit card and a debit card. Not realizing they’re not the same thing may result in a few issues, such as getting your card declined.

Read the following to learn more about the main differences in using both cards.

Venmo Credit Card

The Venmo credit card is a Visa-branded credit card that you can manage through your Venmo app. You can use your Venmo credit card anywhere worldwide where Visa cards are accepted.

You can do the following with your Venmo credit card:

  1. Split purchases with others on the Venmo app.
  2. Get cashback rewards on your top spends.
  3. Earn rewards on person-to-person transactions.
  4. Pay your bills with the money in your Venmo account.
  5. Make contactless payments on compatible card readers.
  6. Ask for a new virtual card number.
  7. Make your friends scan your unique QR code to find your Venmo profile.
  8. You don’t pay any annual fees for your Venmo credit card.

Venmo Debit Card

The Venmo debit card is a Mastercard linked to your Venmo account. You can use it to spend your Venmo balance anywhere in the U.S. where Mastercard is accepted.

You can do the following with your Venmo debit card:

  1. Spend the money in your Venmo account.
  2. Withdraw cash at ATMs (fees apply).
  3. Get cash back on your purchases (need to obtain a PIN).
  4. Withdraw money without cost when using MoneyPass ATMs in the U.S. and some U.S. territories. You can find the nearest MoneyPass ATMs on their website.
  5. Get cash back on purchases without extra cost on “Point of Sale” devices (depends on the retailer’s participation).

Keep in mind that you can’t use Venmo debit cards internationally even if you place the order within the U.S.

RELATED READ: What Happens If I Decline a Venmo Request? 

Does Venmo Have a Limit?

Yes, Venmo has limits on transfers and purchases. If you don’t pay attention to this, these limits may lead to declined payments, Venmo cards, or incomplete transactions.

Here are five types of Venmo funding limitations to familiarize yourself with:

Person-to-Person Transfer Limits

  • The maximum weekly transfer limit is $4,999.99.
  • The limit per transaction is $4,999.99.

Keep in mind that if you spend over $2,999.99 on online purchases and debit card purchases, the limit of spending on person-to-person payments will become less.

Venmo Mastercard Debit Limits on Purchases

  • The maximum weekly limit is $6,999.99.
  • The limit per transaction is $2,999.99.
  • ATM daily withdrawals, purchases, and cashback limit is $400.00 (for cardholders).
  • The limit of daily purchases is $3,000 (for account holders), and a limit of 30 transactions per day.

It’s notable that these limits are reset at 12:00 AM CST.

Bank Transfer Limits

If you have a Venmo debit card and you’ve verified your bank account, there are two ways to add money to your Venmo balance. Each way of adding money has a different transfer limit.

  • Standard Add Money has a weekly limit of $1,500.
  • Instant Add Money has a weekly limit of $500 (This is available for some debit cardholders).

Authorized Purchases Limits

  • The maximum weekly limit is $6,999.99.
  • The limit per transaction is $2,999.99.

Personal Payment Limits

  • The maximum weekly limit is $299.99 (if you haven’t verified your identity).
  • The maximum weekly limit is $6,999.99 (if you have verified your identity).

It’s important to know that the $6,999.99 limit includes person-to-person payments, purchases completed on the Venmo app, online shopping payments, and in-person shopping payments using a Venmo debit card.

The Bottom Line

Why does my Venmo card keep declining? The reason could be because your bank declined the transaction, you’ve reached your account’s transfer or payment limits, or you haven’t verified your identity.

In addition, Venmo may decline your transaction for security reasons. In this case, you need to contact the Venmo support team.

About Venmo credit card and debit card, the major difference is that you can use the Venmo credit card worldwide whereas you can only use the Venmo debit card within the U.S. So, your Venmo debit card will be declined if you try to use it to deal with international retailers for online shopping.

And finally, being aware of Venmo person-to-person payments, bank transfers, authorized purchases, and personal payments limitations will help you avoid getting your Venmo card declined.

Hopefully, you find the reasons for getting your card declined! If you still have any queries, let us know in the comments below and we will try our best to help you out!

Jack Vasquez Garcia

Jack Vasquez Garcia is a seasoned P2P expert specializing in Venmo, Cash App, and Netspend. With deep knowledge and experience, he simplifies digital transactions for individuals and businesses, making life easier in the digital realm. Linkedin

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