Venmo Increases Credit Card Limit To 8 From 6

Venmo allows you to add credit cards (and prepaid Visa/Mastercard/American Express) to make transfers to friends & family. You’re allowed to have six active cards at any one time. Previously you were allowed 6 cards over a 6 month rolling period as well, but this has been increased to 8 cards.

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Venmo isn’t terribly exciting for manufactured spending or meeting minimum spend requirements due to the 3% fee for credit card payments but some people like to use it as a last stop resort (paying 3% fee isn’t something I encourage) and this is something that might be helpful for those people to know. If you’re paying a bill or rent/mortgage you’ll be better off using Plastiq instead.

Thanks to reader Logan C for pointing this out.

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bax
bax (@guest_603896)
June 9, 2018 17:02

Just ran into this limit, or something similar, that my account is limited to 4 cards added or deleted over a rolling 6-month period. They have a KB article about this, so it seems the 4-card limit applies to all accounts, rather than being specific to my account.

Rahul
Rahul (@guest_439987)
July 14, 2017 23:13

Is AGC still dead with Venmo?

SA13
SA13 (@guest_436226)
July 9, 2017 00:22

I think they rolled back to 6.

Doc could you please check and confirm.

LC
LC (@guest_447650)
July 27, 2017 08:49

this kinda infuriates me that they went from 6 to 8 and then back to 6… for people like me that MS this method and therefore plan CC sign ups based on that, pretty unfortunate.

Tom
Tom (@guest_428623)
June 27, 2017 14:09

I wish I had never heard of Venmo or AGC. Venmo suspended me when I originally tried to load my first AGC card. After I sent them ID, they permanently suspended me. I was able to talk my way out of that since I had still not officially used their service.

However, I have tried repeatedly to use my AGC cards online with no success whatsoever. One card is now frozen with pending charges. The other card was just rejected and I can’t get the system to allow me to check my balance.

MarcoPolo
MarcoPolo (@guest_426268)
June 23, 2017 13:32

Question:
If you get banned from Venmo how long does it take to try again?
Any data points on this?

Chuck
Editor
Chuck(@chucksithe)
June 23, 2017 15:10

I was banned but haven’t tried again. Would be interested in hearing DPs as well.

I imagine you can open an unconfirmed account with the low weekly limits, but wonder if it’s possible to open a new confirmed account.

Tom
Tom (@guest_426224)
June 23, 2017 12:09

I am reading on other sites that Amex pulled the plug on Venmo. Do any of the other prepaid cards work?

Chuck
Editor
Chuck(@chucksithe)
June 23, 2017 13:11

Yeah, I think only AGC doesn’t work anymore

Jesal
Jesal (@guest_434986)
July 7, 2017 00:35

Using VGC or MC GC works on Venmo? What about fee?

Chuck
Editor
Chuck(@chucksithe)
July 7, 2017 01:04

I think it has the standard 2.9% fee

Jesal
Jesal (@guest_435309)
July 7, 2017 15:00

what is benefit of using it then by paying 2.9% fee? why would one use this option then unlike AGC which was fee free?

Chuck
Editor
Chuck(@chucksithe)
July 7, 2017 15:37

I’ve never used the option. Maybe some people use it if they literally have no other way of unloading the gift card.

Susan
Susan (@guest_424139)
June 20, 2017 15:36

Anyone having issues making Payment with Amex GC/DC? I tried and it says “Transaction failed, please correct card info and try again’.

This worked fine till yesterday.

Chuck
Editor
Susan
Susan (@guest_424121)
June 20, 2017 15:14

Anyone having issues making payment with Amex GC? I am trying to send payment and it says ‘Transaction failed, correct card info and try again’.

Lc
Lc (@guest_410810)
May 26, 2017 08:01

The 6 card limit is still in effect, unfortunately. Their system isn’t letting me go past that.

Steve
Steve (@guest_411170)
May 27, 2017 11:09
  Lc

Anyone managed to add a 7th card ?

LC
LC (@guest_552140)
January 18, 2018 17:55

yep, they moved it back to 6 cards.

Bob
Bob (@guest_406510)
May 15, 2017 12:24

Can one only pay to other Venmo Account holders via their account or payment can also be made by other modes (mail checks/Bill Pay/Pay to Non venmo account people) just like Serve/BB/RB)?