Venmo has become one of the most convenient and user-friendly peer-to-peer (P2P) payment platforms in the United States. However, many users find themselves confused about how much money they can send on Venmo, especially when it comes to higher transaction amounts like $5000 or more. In this guide, we’ll break down the Venmo sending and transfer limits, address common concerns, and explain what you can do to increase your Venmo limit.

What Is the Maximum You Can Send on Venmo Per Day?

For verified users, the Venmo maximum sending limit is $4,999.99 per week for person-to-person transactions. That’s not a daily limit, but rather a rolling 7-day window. However, if you include authorized merchant payments, the combined weekly Venmo spending limit can go up to $6,999.99.

For unverified users, the limits are significantly lower, and you're restricted to sending only $299.99 per week across all transactions until you complete identity verification.

Can I Venmo Someone $7000?

No, you cannot Venmo $7000 in a single transaction to another person. Even if your account is verified, the Venmo person-to-person limit is $4,999.99 per week. To send $7000, you would need to:

1. Split the amount into two transactions, over two different weeks, staying within the weekly limit.
2. Alternatively, use a different method, such as bank wire transfers or services like Zelle, if immediate full transfer is necessary.

Why Won’t My Venmo Let Me Send Large Amounts of Money?

There are several reasons why Venmo might block or restrict large payments:

• Your account is not verified with proper identity documents.
• You’ve exceeded your weekly transfer limit.
• The transaction appears suspicious or unusual to Venmo’s fraud detection algorithms.
• You are attempting to pay a merchant in a way that violates Venmo’s terms of service.

To avoid these issues, always ensure your account is fully verified and stay within your transaction limits.

Can You Send $10,000 Through Venmo?

No, you cannot send $10,000 through Venmo in one go. Even for verified users, the maximum weekly person-to-person limit is $4,999.99, and the total cap including merchant payments is $6,999.99. To send $10,000, you’d need to break the payment into multiple transfers over two or more weeks.

If you must send $10,000 urgently, consider using alternative payment services such as a bank wire or PayPal Business.

Can You Send $5000 Through Venmo to a Bank Account?

Yes, once the funds are already in your Venmo balance, you can transfer $5000 to your linked bank account. Venmo allows bank transfers up to $19,999 per week, with a per transaction limit of $5,000.

Keep in mind:

• Standard transfers (1-3 business days) are free.
• Instant transfers (within 30 minutes) carry a 1.75% fee, up to a maximum of $25.

To send $5000 to your bank, ensure your Venmo balance has enough funds, and the bank account is verified.

Can You Send $5000 Through Venmo?

Yes, but only if your identity is verified. Venmo allows you to send up to $4,999.99 per week to other users. While you can’t technically send $5000, a single payment of $4,999.99 is permitted. If you need to send the remaining $0.01 or more, it must be done in the next week’s cycle or via another platform.

How Much Can You Send on Venmo for Free?

Standard transfers and person-to-person payments using your Venmo balance or linked bank account/debit card are free. However, using a credit card incurs a 3% fee. Instant transfers to your bank come with a 1.75% fee.

So, if you're using Venmo balance or a bank account, you can send up to your weekly limit for free, assuming you're not opting for instant services.

Venmo Send Limit Per Day

Venmo doesn’t have a daily send limit per se; instead, it uses a rolling weekly limit. The breakdown:

• Verified account: Up to $4,999.99 per week for P2P.
• Unverified account: Capped at $299.99.

So while you could technically send $4,999.99 in one day, you wouldn’t be able to send again until the rolling week resets.

Venmo Transfer Limit Person-to-Person

Venmo’s person-to-person transfer limit is:

• Verified users: $4,999.99 per week
• Unverified users: $299.99 per week

These limits are strict and apply regardless of how long you’ve been using Venmo.

Can You Send $5000 Through Venmo to Wells Fargo?

If you're transferring $5000 from your Venmo account to your linked Wells Fargo account, yes, it is possible. Just ensure:

• You use standard bank transfer (free).
• You keep it within the $5,000 per-transaction limit.
• You don’t exceed the weekly $19,999 transfer limit for banks.

If you're trying to send $5000 to another person using a Wells Fargo account via Venmo, it must still adhere to the P2P limit of $4,999.99 per week.

Venmo Transfer Limit Upgrade to $7,500

You can’t raise your person-to-person limit beyond $4,999.99, but you can raise your total combined spending limit to $6,999.99 per week after verifying your identity. This includes payments to authorized merchants in addition to personal transactions.

Venmo does not currently offer a $7,500 limit for any kind of transfer. If you need to send more, consider:

• Splitting payments
• Using Zelle, PayPal, or bank transfers

How Much Can You Send to One Person on Venmo?

You can send up to $4,999.99 per week to any one person or multiple people, combined. This is not per person—it’s the total P2P limit. If you send $4,000 to one person, you can still send $999.99 to another that week, but not more.

How Much Can You Send on Venmo?

The total amount you can send on Venmo depends on:

• Verification status
• Type of payment

Here’s a breakdown:

Conclusion

Venmo makes it easy to send money, but it's critical to understand the limits and rules that come with large transactions. Whether you're trying to send $5000 through Venmo to another person, to your bank account, or simply want to know how to maximize your limits, the key is identity verification and understanding Venmo’s weekly caps. For large transactions, always plan ahead or consider alternative platforms.

FAQs

Q: Can I increase my Venmo sending limit to $7500?
A: No. The max combined spending limit for verified accounts is $6,999.99.

Q: How do I verify my Venmo account?
A: Go to “Settings” → “Identity Verification” and submit your legal name, address, date of birth, and SSN.

Q: Does Venmo charge fees for sending money?
A: No fees for P2P payments using balance or bank accounts. 3% fee for credit cards and 1.75% fee for instant bank transfers.

Q: What’s the Venmo limit for bank transfers?
A: Up to $19,999 per week, capped at $5,000 per transaction.