transfer Money from Chime to Venmo (Easy Guide)

Written by Shalini Kapoor
Last updated:
Reviewed by Daisy Martinez
Our site offers educational and informational content only, not professional financial advice. Consulting a financial advisor about your particular circumstances is best.

Connecting Chime to Venmo offers numerous advantages. The most prominent is the ease of doing transactions. Chime and Venmo are popular non-traditional banking companies that allow seamless financial transactions across the USA.

However, not many are aware of the process of linking these two. In this article, we shall elaborate on how you can connect Chime and Venmo.

We shall also discuss in brief the transfer times and limits associated with these banking tools. Further, we will get a brief overview of the downside of Chime’s Pay Friends P2P service.

What’s to come:

What is Chime?

Chime is a prominent online banking platform that provides its users with many financial products and services. It consists of a user-friendly interface and a feature-rich mobile app. This is the primary reason why Chime has been able to attract many users to its financial platform.

source: Chime

Chime Products

Chime includes various banking features, like checking and savings accounts, a Chime Visa Debit Card, early direct deposit, and free overdraft alternatives. 

Chime and FDIC protection

On top of this, Chime protects its customers’ money by giving them FDIC protection with a maximum allowable limit.

What is Venmo?

Venmo, owned by PayPal, has become super popular among young people. It’s a simple app that lets you quickly send, receive, and split money with friends and family. Setting up an account is easy, and transactions are done in seconds. It’s a favorite for social payments within friend groups and families.

source: Venmo

Creating a Venmo Account

To commence utilizing the Venmo account, you will be required to create an account. Here are some of the steps to help you achieve this feat with absolutely zero fuss:

  • Download the mobile app of Venmo from your device’s app store.
  • Start the app and click on the Sign Up tab.
  • Enter your email address, and phone number, and curate a secured password.
  • Next, you need to provide your personal information, like your name and date of birth.

Verification

  • Verify your email address with the help of the verification code sent to your registered email address.
  • Set a profile picture and customize your Venmo username as per your wish.

Does Chime Work With Venmo?

Can I Use Chime With Venmo?

Absolutely! Chime works like butter with Venmo. It enables you to link your Chime account and ensures that you face absolutely no trouble while performing transactions. You can effortlessly transfer funds between the two prominent platforms when you link your Chime debit card to Venmo. Let us now look at the different ways to link Chime with Venmo.

How To Link Chime With Venmo?

To link your Chime account to Venmo:

  1. Get the App: Download the Venmo mobile app from your device’s app store. Available for both iOS and Android.
  2. Access Venmo: Use existing credentials to sign in, or if you’re new, register with your email, phone number, and a secure payment method.
  3. Navigate: Once inside, tap the three-line icon (top-left) to reveal the side menu.
  4. Head to Settings: Within the side menu, scroll and select ‘Settings’. Dive into the ‘Payment Methods’ section.
  5. Link Chime: Click ‘Add a bank or card’ and follow the prompts to connect your Chime account.

This process ensures a seamless integration of your Chime account with Venmo, making payments more accessible and efficient.

Linking a Chime Debit Card to Venmo

It is very easy to link a Chime debit card to Venmo. Here are some of the steps to do it.

Process of Connecting a Chime debit card to Venmo

If you have a Chime debit card, opt for the Card option. Provide information like your Chime Debit Card number, expiration date, and CVV. Next, follow the instructions to complete the process to link your Chime debit card with Venmo.

Linking Chime and Venmo without a Debit Card

If you do not have a Chime debit card or wish to link your Chime account directly, opt for the Bank option instead. 

Search with the keyword Chime and insert your Chime account details, like your account number and routing number. Next, follow the instructions to complete the process and link your Chime account with Venmo.

  • Go to the “Me” tab. You can do this by tapping your initials or pictures
  • Now click “Settings” and click “Payment Methods”
  • Click on “Add a bank or card”
  • Select “Bank”
  • You need to select the verification method now. (Manual or Instant)

The Downside of Chime’s Pay Friends P2P Service

Chime does provide an expedient peer-to-peer (P2P) money transfer service known as Pay Friends; however, there are some limitations that you should know about.

Transfer Times and Limits

The transfer time that you see may differ. It might take several business days for the recipient to get the money. 

On top of this, Chime has imposed specific limits on the amount you are allowed to send through the Pay Friends feature. This is where you need to carefully go through the terms and conditions of Chime to get comprehensive information about the transfer times and limits.

FAQs

What Time Duration Does it Take for Venmo to Transfer the Amount to Chime?

When you use Venmo’s instant transfer feature, the money gets transferred to your Chime account immediately. However, if you use Venmo’s standard bank transfer feature, the money gets transferred to your Chime account within one to three business days.

How Long Does it Take Chime to Transfer the Amount to Venmo?

If you use Chime’s Pay Anyone Feature to send money to someone with a Venmo account, the amount will be transferred immediately. However, if you use Chime’s standard bank feature to send money to someone with a Venmo account, the money will be transferred within one to three business days.

Do I Need to Pay Any Fees while Using Venmo with Chime?

There are no fees for using Venmo with Chime in case you use the standard bank transfer feature. But, if you are using Venmo’s instant transfer feature, there is a fee set at 1.75% of the transfer amount, with a minimum charge of $0.25 and a maximum fee of $25.

Is it Possible to Use Chime with Venmo Instant Transfer?

Absolutely! Chime works with Venmo instant transfer. You can transfer money from your Venmo account to your Chime account immediately, 24×7.

Is it Possible to Use Chime Card with Venmo?

Absolutely! Chime Card works with Venmo. You can utilize your Chime Card to make payments on Venmo. You can also receive payments from others through Venmo.

Is Venmo Safe to Use With Chime?

Absolutely! Venmo is safe to use with Chime. Venmo utilizes industry-leading security measures to protect your account details and your money. But, it is always useful to stay careful of fraudulent activities and identity theft.

What Should I Do if I Have Problems Using Venmo on My Chime Account?

If you have problems using Venmo with your Chime account, you can contact Venmo customer support for further assistance. We even suggest contacting Chime customer support for help with your Chime account.

What is the Chime to Venmo Transfer Dollar Limit?

The Chime to Venmo transfer dollar limit is restricted to $10,000 per transaction, and $25,000 on a monthly basis.

Conclusion

Linking your Chime and Venmo accounts is a straightforward process that allows for seamless money transfers between the two platforms. By following the simple steps outlined in this guide, you can connect your accounts in no time. 

Whether you’re splitting bills, sending money to friends, or managing your finances, the Chime-Venmo integration offers a convenient and efficient solution. Enjoy the ease and flexibility of transferring funds between these popular platforms and take control of your financial transactions today.

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Shalini Kapoor

Shalini Kapoor is a dedicated financial writer and editor at cashsavvytips.com. Currently pursuing her Master's in Accounting, she possesses a unique blend of academic rigor and practical insight into personal finance. Shalini is fervent about empowering individuals with actionable financial advice, grounded in her in-depth studies and natural flair for simplifying complex topics. As an editor, she ensures every piece of content meets the highest standards of accuracy and relevance. With a passion for continuous learning, Shalini is not just sharing knowledge but also constantly expanding her own, to benefit the readers of cashsavvytips.com.

Disclaimer: The opinions, analyses, and information expressed by this author are for informational purposes only and do not constitute financial, investment, or other professional advice. Always conduct thorough research and consult with a professional before making any investment decisions.

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