Can I have two Venmo accounts? (2024)

FAQs

Can I have two Venmo accounts? ›

If you already have a Venmo personal account, and you're eligible for a Venmo business account, you'll be able to automatically link the 2 and then toggle between them. Alternatively you can sign up to both a personal and business Venmo account at the same time.

In order to add a second Venmo account, you will first want to open the Venmo app and sign in. Then, select the stacked lines or single-person logo that is available on the top of the screen. From there, you will navigate to the settings option and select payment methods.

You can only create one account per individual, as outlined in our User Agreement. When you sign in, a code may be sent to the phone number registered with your Venmo account.

If you share ownership of a bank account with another Venmo user, you may both be able to use the bank account on Venmo. We now allow up to two Venmo users to share a bank account to fund payments and receive bank transfers on Venmo.

Open the Venmo app. Choose your sign-up method and create a secure password (between 8 and 20 characters long, and should contain at least one number or symbol like !()@#$% Verify your phone number and email address. Add and verify your bank account.

Can I order more than one Venmo Debit Card? Can I add an additional card for someone else to my Venmo account? The Venmo Debit Card links to your Venmo account. You can only have 1 active Venmo Debit Card associated with your Venmo account, and it must be in the name associated with the account.

Once you have deleted your personal Venmo account, you can create a new one at any time as long as your old account is closed successfully. You can open a business account through a personal account, but once it is deleted, it cannot be reactivated even if you keep the personal account associated with it.

So, if you are trying to find out if there is any way to create a Venmo account without a phone number, the answer is no. The Venmo privacy policy requires users to verify their accounts using their phone numbers.

In the app, you can use the drop-down at the top of the Me tab to toggle between your personal and business profiles. You'll use your personal profile's credentials to log in to and access either profile. Please keep in mind you'll only be able to create one business profile.

Can you receive money on Venmo without a bank account? ›

You may still be able to receive money with Venmo without linking a bank account or card. This could be handy if someone sends you a Venmo payment or if you're able to receive direct deposits to Venmo. Your money could be held as a Venmo balance, and then used for spending or sending to others later.

Linking bank accounts to Venmo is generally safe, but not without risks. You should implement extra security measures when linking bank accounts or credit cards to Venmo, such as setting up multi-factor authentication on both your Venmo app and your online bank accounts.

It's free to send and receive money using what's in your Venmo account or bank account. *Venmo does not charge for sending money from a linked bank account, debit card, or your Venmo account. There is a 3% fee for sending money using a linked credit card.

How do I set up a second Venmo account? If you share a bank account with a partner or family member you can have 2 Venmo accounts linked to the same joint bank account or card. In this case, the Venmo user who linked the bank account first will be notified when a second user tries to link the same bank account.

The short answer: Yes, you can both have that bank account added to your Venmo accounts without causing issues. But it's limited to two accounts at once.

Contact info like phone numbers and email addresses can only be associated with one active Venmo account at a time.

A business profile is a way to accept payments for your business on Venmo. It's linked to your existing Venmo account so you don't need to open a second account, but is a completely different profile—so you can keep business and personal transactions separate.

Sadly, no!

According to the privacy policy of Venmo, one has to use his/her phone number to verify a new account. Therefore, whether you want to sign up for a personal or business account, the account cannot be successfully registered unless you provide your phone number to Venmo.

The easiest way to invite your friends to use Venmo is by sending them a payment using their phone number or email address. This recipient will show up in your feed as a New User until your friend signs up.