Yes, you can add a second bank account to Venmo, but you can only link one at a time
Venmo lets you connect multiple bank accounts to your profile, but only one can be active for sending and receiving money at any given moment. You can add a second account through your settings, then switch between them whenever you need to. The process takes a few minutes and requires your routing number and account number, which Venmo will verify with two small test deposits.
If you want to use a different bank account for a specific transaction, you do not have to delete the first one — you simply change which account is set as your default before you send or request money. This is useful if you have accounts at different banks, keep a separate account for bills, or want to move money between your own accounts.
Key Takeaways
- You can add multiple bank accounts to Venmo, but only one can be your active account for transfers at any time.
- Adding a second account requires your routing number and account number, and Venmo will send two small test deposits to verify ownership.
- You can switch your default account in settings before each transaction without deleting the first account.
- Transfers from your bank account to Venmo take one to three business days, while transfers out to your bank take one to three business days as well.
- If you remove an account, any pending transfers from that account will fail, so wait until transfers complete before deleting it.
How to add a second bank account
Open the Venmo app and tap the menu icon (three horizontal lines) in the bottom right corner. Select Settings, then tap Payment Methods. Choose Add a Bank Account. You will need to enter your full legal name as it appears on the account, your routing number, and your account number. Venmo will ask whether the account is checking or savings.
After you submit this information, Venmo will send two small deposits (usually between $0.01 and $0.99 each) to the account within one to two business days. Once those deposits arrive, you return to the app, go back to Payment Methods, and confirm the exact amounts of both deposits. This verification step proves you own the account. After confirmation, the account is active and ready to use.
If you have trouble finding your routing number, check the bottom left corner of a check from that bank, or search the bank's name plus "routing number" online. Your account number is usually on the check as well, or you can log into your bank's website or app to find it.
Switching between your accounts before a transaction
Once both accounts are added, you can choose which one to use each time you transfer money. When you initiate a transfer to your bank account, Venmo will show you which account is currently set as your default. Tap the account name or the dropdown arrow next to it to see your other linked accounts and select a different one.
The same process applies when you are adding money to Venmo from your bank. Before you confirm the transfer, check which account is selected. If it is not the one you want, tap to switch. This flexibility means you do not have to remove your first account just because you want to use a different bank for a particular transfer.
What happens if you remove an account
If you delete a bank account from Venmo, any transfers that are still pending from that account will fail. This means if you initiated a transfer out to that bank account and it has not completed yet, removing the account will cancel it and the money will stay in your Venmo balance.
Before you remove an account, check your transaction history to see if any transfers are in progress. Wait until they finish (usually one to three business days) before deleting the account. Once an account is removed, you can add it back later if you need to, but you will have to go through the verification process again with the two test deposits.
Transfer timing and fees
Transfers from your bank account into Venmo take one to three business days to show up in your Venmo balance. Transfers out from Venmo to your bank account also take one to three business days. Venmo does not charge a fee for standard transfers to or from your bank account.
If you want money to move faster, Venmo offers an instant transfer option to a debit card, but that service charges a small fee (usually 1% of the amount, with a minimum fee). This is different from a bank account transfer and is only available if you have linked a debit card to your Venmo profile.
Security and account verification
Venmo uses the two small test deposits as a way to confirm you control the bank account before allowing transfers. This protects both you and the bank from fraud. If someone tries to add your bank account to their Venmo profile without your permission, they will not be able to complete the verification step because they will not receive the test deposits.
If you notice an unfamiliar bank account has been added to your Venmo profile, remove it immediately and change your Venmo password. You can also enable two-factor authentication in your settings for extra security. If you believe someone has accessed your account, contact Venmo support through the app or their website.
Frequently Asked Questions
Can I use two bank accounts at the same time on Venmo?
No. Only one account can be your active default at any time. You can switch between them before each transaction, but you cannot send or receive from both simultaneously. If you need to move money between your own accounts, you can transfer from one to Venmo, then from Venmo to the other.
How long does it take to verify a second bank account?
The two test deposits usually arrive within one to two business days. Once they arrive, you confirm the amounts in the app, and the account is verified immediately. The entire process typically takes two to three business days from the time you enter your account information.
What if the test deposits don't arrive?
Check that you entered your routing number and account number correctly. If they are correct, wait a few more business days — deposits can take up to five business days in some cases. If they still do not arrive after a week, contact your bank to confirm the account is active and can receive deposits. You can also contact Venmo support through the app for help.
Can I add a savings account and a checking account?
Yes. Venmo accepts both checking and savings accounts. When you add each account, you specify which type it is. You can switch between them the same way you would switch between accounts at different banks.
What happens to pending transfers if I remove an account?
Any transfer that has not completed will fail and the money will return to your Venmo balance. Always wait for transfers to finish before removing an account. You can check the status of any transfer in your transaction history.