How to Transfer Money From Walmart Money Card to Venmo (2024)

While Venmo, is a P2P payment service that helps its users to send and receive money within the United States in all convenience and safety.

Venmo features among the financial apps that offers financial aid to its customers. For those are already used to with Venmo, they know that eligible users can borrow money from Venmo. This is actually an amazing feature for Venmo users, since it helps them to maintain a healthy financial life.

Sending money via Venmo is quite easy and be done in simple steps. Since Venmo is accepted by many as a payment method, it makes it more popular and convenient way of paying than the Walmart MoneyCard.

What is the Walmart MoneyCard?

If you have a checking account, you will see that many of the features you find on your card are similar to those of your checking account. You can receive payments up to two days early by making use of your card for direct deposit.

If you want to keep track of your prepaid card, you can simply download the Walmart MoneyCard App to your Apple or Android smartphone.

Can You Transfer Money From Walmart MoneyCard to Venmo?

Yes you can transfer money from Walmart MoneyCard to Venmo.

Transferring money from Walmart MoneyCard to Venmo is great example of transferring money to an external account.

Per Walmart MoneyCard Support, you are able to perform external account funding transactions up to $1,500 per month and your Walmart MoneyCard can be used to add money to Venmo within the limit set for external account funding.

The basic step you have to take here is to link your Walmart MoneyCard to Venmo and transfer funds to your Venmo account.

How to Transfer Money From Walmart Money Card to Venmo

Unfortunately, direct transfers from Walmart MoneyCard to Venmo are not possible. This is because the Walmart MoneyCard functions more like a prepaid card than a traditional bank account, and Venmo currently only accepts transfers from linked bank accounts and debit cards directly issued by banks.

However, there are a couple of workarounds you can consider:

1. Transfer to a linked bank account and then to Venmo:

• Link your Walmart MoneyCard to a bank account: Some banks allow you to link the Walmart MoneyCard to a checking or savings account. Once linked, you can transfer funds from the Walmart MoneyCard to your bank account and then use your bank account to transfer to Venmo. This might involve fees from both the Walmart MoneyCard and your bank, so check the specific fees before proceeding.
• Cash advance and deposit to bank account: Use a cash advance from your Walmart MoneyCard at an ATM (fees apply) and deposit the cash into your linked bank account. Then, transfer the money to Venmo. This option is generally not recommended due to high fees and potential interest charges.

2. Sell Walmart gift cards for Venmo cash:

• Purchase Walmart gift cards with your Walmart MoneyCard: This is possible at the MoneyCenter or customer service desk at any Walmart.
• Sell the Walmart gift cards online for Venmo cash: There are websites and apps that allow you to sell unwanted gift cards for cash, which can be transferred to your Venmo account. Remember to be cautious and choose reputable platforms with good reviews.

3. Use an intermediary service:

• Services like BillPay or MoneyGram: Some MoneyGram locations accept deposits from Walmart MoneyCards. You can then send the money from MoneyGram to your Venmo account through their online platform or app (again, fees apply).