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How to Increase Your Venmo Limit: A Step-by-Step Guide with Photos

Hey there! Have you ever run into Venmo‘s transaction limits and wished you could send or receive more money? As convenient as Venmo can be for splitting bills and making purchases, the default limits per week are pretty low.

Not to worry – you can easily increase your personal Venmo limit to send and receive tens of thousands of dollars by verifying your identity. In this guide, I‘ll walk you through the step-by-step process to upgrade your account‘s limits. I‘ll also explain exactly how Venmo‘s rolling weekly limits work with some examples.

Let‘s get started!

What Are Venmo‘s Default Transaction Limits?

Venmo sets transaction limits to protect users from fraud and maintain regulatory compliance. Without ID verification, here‘s what you can do on Venmo each week:

  • Send to another user: $299.99
  • Receive from another user: $299.99
  • Transfer to a bank account: $999.99

According to Venmo‘s 2021 annual report, the average user conducts 14 transactions per month, so these limits accommodate most people‘s typical usage. But if you need to send or receive larger amounts, verification can drastically increase your limits.

How Does Venmo Calculate Your Weekly Limit?

This tripped me up at first – Venmo doesn‘t reset your limits on a fixed weekly schedule. Instead, your limit applies on a rolling weekly basis from the date and time of your very first transaction.

Let‘s say you send your friend $50 on Venmo for the first time on a Monday at 5pm. Your $299.99 weekly limit will then reset every Monday at 5:01pm for the next week.

So if you hit your limit on Wednesday morning, you‘d have to wait until the next Monday afternoon for the counter to reset. It‘s not based on calendar weeks. Pretty tricky!

Should You Increase Your Venmo Limit?

Before spending time on ID verification, think about whether you really need an increased limit. Here are some pros and cons to weigh:


  • Send or receive large payments up to $60,000/week
  • Transfer more than $20,000/week to your bank


  • Lengthy ID verification process
  • Higher fees on transfers from 1.5% to 2.9%
  • Higher risk of account limitations or closures

For most people doing casual peer-to-peer payments, the default limits are fine. But if you need more flexibility to send money for business or commercial purposes, a higher limit could be worthwhile.

Step-by-Step Guide to Increasing Your Venmo Limit

Ready to upgrade? Here‘s exactly how to verify your identity and raise your account‘s limits:

1. Open the Venmo App

First, launch the Venmo app on your iPhone or Android. Tap the icon with the white "v" on a blue background.

Venmo app icon

Once it‘s open, log into your account by entering your phone number, email, or username and tapping "Next".

2. Go to Settings

From your Venmo home screen, tap the ☰ menu button in the top left corner.

Venmo menu button

In the menu, choose "Settings", which is the second-to-last option.

3. Tap "Identity Verification"

In Settings, scroll down and tap the "Identity Verification" option under the Security heading.

Venmo Identity Verification settings

This is where you‘ll begin the process of verifying your identity.

4. Enter Your Personal Information

Follow the on-screen prompts to enter details like:

  • Full legal name
  • Physical address
  • Date of birth
  • Last 4 digits of your Social Security Number

Venmo will use this info to verify your identity, so make sure it‘s accurate!

5. Upload Your ID Document(s)

After entering your details, you‘ll be prompted to upload images of your government-issued ID. This is usually a:

  • Driver‘s license
  • State ID
  • Passport

Make sure the images are clear and the text is readable. You may also need to submit additional proof of address like a utility bill.

6. Wait for Approval

Once you submit all required ID details and documents, Venmo will review your application. This usually takes 2-3 days. You‘ll receive an email once you‘re verified!

And that‘s it – you can now send and receive much higher amounts thanks to your newly-verified account. Let‘s look at what those increased limits are.

Venmo Limits: Before and After Verification

Here‘s a comparison of what your weekly Venmo limits are before and after completing the ID verification process:

Transaction Type Unverified Limit Verified Limit
Send to another user $299.99 $60,000
Receive from a user $299.99 $60,000
Bank transfer out $999.99 $19,999.99
Debit card purchases N/A $7,000

As you can see, you can send and receive a much higher dollar amount to other Venmo users after verifying your identity.

The weekly rolling limit applies to your total sending activity. So you could hit the $60,000 max by transferring that amount to one person or by sending to multiple people.

There‘s no limit on receiving money from others. And your bank transfer limit goes up by 20x with verification!

How Do Venmo Limits Compare to Other Apps?

Wondering how Venmo‘s limits stack up against other payment apps? Here‘s a comparison:

App Standard Weekly Sending Limit
Venmo $299.99
PayPal $4,000
Cash App $7,500
Zelle Varies by bank

As you can see, PayPal and Cash App have higher baseline limits than Venmo. But they also offer ID verification to increase limits for commercial use cases.

Tips for Managing Your Limit

Now that you know how to upgrade your Venmo limit, here are some tips to make the most of it:

  • Track your limit usage: Keep an eye on how much you‘ve sent as the week goes on so you don‘t accidentally hit the max.

  • Time large transfers carefully: If you need to pay your rent on Venmo, try to do it right after your weekly limit resets.

  • Use another app as a backup: If you hit your Venmo limit, see if you can make the payment on PayPal or Cash App instead.

  • Split payments over multiple weeks: For really big transfers, you can break the payment into smaller pieces sent over several limit periods.

Let me know if you have any other questions! I hope this guide gave you a better understanding of Venmo limits and how to increase them. Have fun sending money around with your upgraded account!