Finance

Chime to Venmo Money Transfer | An Easy, Short, Step-By-Step Guide!

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Contrary to what you might have in mind, sending money from Chime to Venmo is actually quite simple and easy.

Many previous users thought, it might take long to share funds between these two applications. This is because you have to change some settings here and there before the process can take place.

However, once all the things are in place, you can send funds from your Chime account to Venmo is just a couple of minutes and we will show you how!

How To Transfer Money From Chime To Venmo In 3 Simple Steps

Millions of users are currently on Venmo and Chime. These are handy applications that allow us to send and receive money online. Furthermore, they have introduced updated features such as bitcoin investment, etc. to attract new customers.

It is highly likely that people who have downloaded and created Chime account would be utilizing Venmo as well. That is why it becomes all the more useful to know how exchange of funds between the two apps work.

Attention! Make sure that you have both the apps downloaded on your device before you begin the money transfer process.

Since many users had been searching for an easy guide to follow, we decided to put forward a concise and simple article on how transfer of money from Chime to Venmo takes place.

Let’s take a look!

Step 1: Add Chime Bank to Venmo Account

The first thing to do is to add your Chime account as a verified bank in the Venmo profile.

Venmo allows its users to add as many accounts as needed.

Since you wish to transfer money from a Chime account, we would only consider this one in the example.

You can add Chime account to your Venmo app either by using the computer (website) or through Venmo mobile app.

If you are using your computer then visit the website and provide the login details to open the account.

Then you have to tap on the option that states Link Bank Account and that would let you enter Chime account details and verify it to complete the process.

In case you need to perform the same task using the Venmo app then tap on the Settings option after logging in.

After that, click on Payment Methods and choose Add Bank or Card. You can then select Add Bank and provide your Chime account details.

Attention! Needless to say, if you are using Chime card or Cash card, you have to select Add Card in the last step and provide your reloadable card details.

Addition of a bank or a card will not be complete unless you have it verified. This means that you need to attempt a microtransaction.

New to this term? Microtransaction means sending at least $1 to another account to check whether the transfer is successful or not.

Tip! Users should at least have $2 or $3 in their account when they perform a microtransaction. If all the amount in the bank is sent to another account, they would have to pay overdraft charges.

Step 2: Enter The Transfer Amount in Venmo App

Now you have to move to your Venmo app for the rest of the process.

The first step is to click on Manage Balance option given on Venmo home-screen.

You have to tap on the three bars at the top of the screen that present the Main Menu. Then click on Add Money and wait for the next window to show up.

Venmo would first ask you to enter the amount that wish to transfer and then choose the bank or card that you would be sending money from.

Type the amount that you want to send from Chime to Venmo. Recheck what you have entered in the data field and press Proceed.

Finally, you can select Chime from the list of added banks in your Venmo app.

Step 3: Review Details and Confirm Transaction

The last stop would be the confirmation screen that pops up when you have added Chime as verified account and initiated money transfer from this app to your Venmo account.

You have to check again that you are making the right transfer with correct details and the amount.

All good? Press Add Money button to complete the process!

Wrap Up

Transfer of money from Chime account to Venmo application can be completed in just 3 simple steps as we discussed above. Moreover, if you have already mastered the art of using these apps then the transaction would be even easier for you.

Similarly, you can transfer money from Chime to Cash App as well send funds from Chime to PayPal.

Don’t know how? Follow the easy guides that we have linked here to find out!

Frequently Asked Questions About Sending Money From Chime To Venmo

How can I add Chime bank to my Venmo app?

You can perform the same task using the Venmo app by tapping on the Settings option after logging in. After that, click on Payment Methods and choose Add Bank or Card. You can then select Add Bank and provide your Chime account details.

Needless to say, if you are using Chime card or Cash card, you have to select Add Card in the last step and provide your reloadable card details.

How long will it take to send money from Venmo to Chime or vice versa?

The applications promise to deliver the funds within 30 minutes regardless of the day (weekday, weekend, holidays, etc.). However, this is only possible if you choose instant transfer and that comes with additional cost.

If you don’t mind waiting for up to 3 days then it is better to go for Standard transfer instead.

Can Chime be used to send money to Cash App?

Yes! you can transfer money from your Chime account to cash app. Read more about this here!