How to Cash a Check on Venmo (Venmo Mobile Check Deposit)?

How to Cash a Check on Venmo (Venmo Mobile Check Deposit) requires nothing but undemanding pre-requisites, making the process much easier. Never worry again about having to stand in long queues at banks and cash your checks using the Venmo Mobile Check Deposit. 

What Will We Talk About Here?
  • To cash a check on Venmo, it is quintessential that you apply for Venmo Debit Card first. Another option that you can avail of is the Direct Deposit on Venmo.
  • The limits for cashing a check with Venmo range from $5 minimum and $5000 maximum.
  • Venmo mobile check deposit requires a very minute fee which is only 1% for the payroll checks and stimulus checks.

…and Much More!

How To Cash a Check On Venmo Online (Venmo Mobile Check Deposit)

Venmo has been quite a boon for users as it is one of the most convenient ways of sending and receiving money in just a few simple steps. Venmo has the customers one of the most user-friendly and easy-to-navigate apps to perform money management tasks most simply. 

  • One of the most appealing features of Venmo is the check cashing service, where you won’t have to visit any bank physically and wait for an extensive amount of time. 

Whether paying for your essential bills or dividing the bill among friends, Venmo is there to take care of such services. 

Fee-waiver of the check cashing service is quite a promising feature for people who regularly receive government stimulus paper checks. Venmo Cash a Check feature is a great way to waive their fee for a certain time.

Traditionally, Venmo mobile check deposits require a minute fee of only 1% for the payroll and stimulus checks. In addition, Venmo charges a 5% fee on all other types of checks to be cashed here. 

Attention! Through the Cash a Check feature of Venmo, users can easily cash checks and send them to the Venmo account. As soon as your check gets approved, you will receive the amount in minutes.

Venmo Mobile Check Deposit Requirements 

Whether it is applying to acquire a loan or making a Venmo mobile check deposit, every procedure requires certain criteria to abide by. You can avail of that feature as long as you fulfill all the requirements. 

You need to ensure you have these prerequisites because they are required for identity verification on Venmo. To cash a check on Venmo, it is quintessential that you apply for a Venmo Debit Card first. Another option that you can avail of is the Direct Deposit on Venmo. 

As long as you get your hands on either of these, cashing a check on Venmo won’t be a problem anymore. Just set up a one-time confirmation by verifying your information to make a Venmo mobile check deposit. 

You might be interested in reading: Can I Use Venmo In Canada?

Venmo Mobile Check Deposit – Step by Step Guide 

To complete the Venmo mobile check deposit, here is what you must do. 

  1. Go to the Venmo app on your device. 
  2. On the Venmo home screen, you will come across the option of three horizontal lines or the You tab. Click on it.
  3. Once done, click on the Manage Balance option to proceed. 
  4. Next, select Cash a Check from the different options on the screen. Just ensure you have your Venmo debit card to access this option. 
  5. After this, you will have to verify your personal information. 
  6. Accept the terms and conditions of the Venmo privacy policy by checking the box. 
  7. Once done, kindly enter the required personal information, such as your social security number and date of birth. 
  8. You must also approve sharing the information with the partner bank, i.e., Ingo. 
  9. Enter the amount of the check that you want to cash with Venmo. 
  10. Scan the front side of the check through the Venmo app. Ensure you set it right so the check photo fits within the capture box. 
  11. Similarly, scan the backside of the check with your signature endorsed on it. Keep the background and lighting perfect to make all the credentials visible. 
  12. Verify and review the details once more before clicking the Submit option. You will see the amount of the check when you are done with the scanning process. 
  13. Re-check and look at all the transaction details on the Confirm screen. 
  14. Lastly, Submit the check for final review.

There might occur times when you won’t receive a confirmation from Venmo about your check being cashed. This can be due to some technical glitch. Therefore, you shouldn’t write Cashed or VOID on the check to avoid any inconvenience unless you get a confirmation email. 

Does Venmo Cash Handwritten Checks

Currently, Venmo does not accept handwritten checks (checks not printed by computer/check printer).

  • You can only use printed checks issued by businesses or government entities on Venmo. 

Extra Reading

Limits For Cashing a Check with Venmo 

There is a certain check-cashing limit within which you can perform this feature at Venmo. It works similarly to the deposit and transaction limits at various financial institutions.

  • Unlike many other platforms, Venmo does not provide FDIC insurance to the funds in your Venmo account. 

The limits for cashing a check with Venmo range from $5 minimum to $5000 maximum. In addition, the maximum value you can deposit daily is $5000, whereas the maximum limit for one month is $15000. 

Why You Weren’t Able to Cash a Check with Venmo 

Your check can get declined under various circumstances, which can get quite frustrating. Before taking any step further, it would be best to analyze the potential reason first. Some of these may include the following.

  • You did not endorse your check on the back, so Venmo did not process it. 
  • Submission of unclear and blurry check needs to clarify the credentials written on it. 
  • The details on the check, such as your name, do not match the one registered with your Venmo account. 
  • Venmo would decline your check if you wrote it on a closed or compromised account that cannot be detected. 
  • Venmo did not receive a properly voided check image, or you did not abide by the minimum check deposit limit, i.e., $5, or surpassed their maximum amount limit. 
  • In case you submitted the check type not supported by the Venmo platform. These include temporary checks, single-party checks, or credit card checks. 

You should also check if Venmo is connected successfully with the bank and if there are no network issues. This can interfere with check deposits as well.

Once the check you submit is approved, you can get money “in minutes” or “in 10 days”. You can choose either option by clicking “Review Check Details.”

  • Instant Option

You can get the money in minutes in exchange for a small fee. Only in rare circumstances does the process take up to an hour. Typically, the funds will be available within 10-15 minutes. Once your check is approved, the funds will be credited to your Venmo account.

  • Standard Option

If you are in no rush to get the money, you can save the fee and, instead, wait ten days. The funds will be sent to your account in up to 2 weeks.

You should wait for at least 10 to 15 minutes to receive an email, and in some cases, the process can stretch up to 1-2 hours.

You will have to pay a fee to get money instantly. The standard fee is 1% for payroll and government checks with a pre-printed signature.

  • The fee is 5% of the amount for all other types of checks, with a minimum of $5 per check.

However, you will not need to pay any fee if you do not choose to check transfer. In this case, the money will be added to your account within ten days. 

The Bottom Line

All the eligible customers in the United States can say no to visiting traditional banks to carry out such processes.

Perform them at your convenience and by making a few taps on the app. Provide authentic and relevant information and get the funds deposited without any hurdles to your Venmo account.

How To Cash a Check On Venmo is pretty simple as long as you hold a Venmo Debit card or have set up a direct deposit option on Venmo. Ensure you have the latest version of the Venmo app to avoid any inconvenience or unavailability of such features.

Frequently Asked Questions 

Does Venmo show pending deposits?

Yes, you can see the pending deposits in the account history of your Venmo account. Go to the Venmo app > Account > History > Pending Deposit to do so. 

How long does it take to cash a check with Venmo?

You can choose to get the money instantly by paying a small fee. If there is no rush, you can wait up to 10 days to receive the funds. There is no fee for a standard transfer.

Does Venmo accept third-party deposits? 

Unfortunately, you cannot deposit third-party checks on Venmo. To do so, you must pay the check for authenticity and validation. 

When do the Venmo direct deposits hit? 

The Venmo direct deposits hit between 10:00 AM and 04:59 PM Eastern Time every business day. 

Can you cash a personal check on the Igno money?

You can cash personal checks on the Igno money. Also, additional check types that you can cash here include business checks, cash paychecks, and a few others. 

How long does it take to cash a check on Venmo? 

It takes a minimum of 3-5 minutes and a maximum of one hour to cash the check on Venmo. 

Can I cash the check online instantly? 

Yes, you can do so by using the Money Mart app. Go to the Money Mart > Sign-in or create an account if required > Cash a check > Click the picture of the check > Review details > Submit.