Venmo is a peer-to-peer payment platform owned by PayPal. It enables users to send and receive money, pay for things and more.
On the other hand, Chime is a fintech company that provides a modern, app-based banking experience.
You might be looking to withdraw or transfer money from Venmo to your Chime account.
Here's how to transfer money from Venmo to Chime - step by step.
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The good news is, transferring money from Venmo to your Chime account is a simple process. The first step is linking your Chime bank account to Venmo.
There are two options for this:
You can initiate transfers from Venmo using either your Chime debit card or bank account.
The most common option for linking your Chime account to Venmo is using your bank account and routing number.
Here are the steps:
As an alternative option, you can also link your Chime debit card to Venmo.
Here's how:
Once the accounts are successfully linked, transferring money from Venmo to Chime is simple and straightforward.
Here are the steps:
If you choose a standard transfer at no cost, it should take approximately 1 to 2 business days.
However, if you choose an instant transfer for a fee, your money should arrive in your Chime account within minutes.