Venmo is one of the most popular P2P applications of the moment, its work began in 2009, and by now, it has more than 52 million users. Among its options, you can use Venmo with your Chime bank account and your Chime debit card.
Chime is also a popular application in the country due to its banking benefits despite not being a bank.
How to link Chime with Venmo?
Currently, you have two alternatives to link both accounts. One is using a computer by logging into the Venmo account, and the other is through the Venmo mobile app.
Linking from a computer
You can add Chime to your Venmo account and start making transactions. You must go to the Venmo online page and log in with your username and password.
Go to the settings on the left side of the screen and click “Payment Methods” and “Edit Payment Methods.” On the new screen, you have two options: link directly to your bank account or use your debit card. The appropriate option depends on what you will use Venmo with Chime for.
Just select one and follow the instructions on the page. Enter your Chime account number and routing number. You must ensure you enter all the data properly to avoid rejecting the linking.
Linking through the Venmo app
The mobile app is simpler and faster because you can do it wherever you are. To complete this, you must enter the App and log in. Find the app’s menu at the top right and click on “settings.”
Go to “add a bank or card” and enter the same data mentioned above. After making sure that the account and routing numbers are correct, you can click on “continue” and finish the process.
Are there any additional fees for linking Chime and Venmo?
The procedure is free; this is one of the free services offered by Venmo. You only need to add the appropriate data and ensure they are the right ones to avoid complications during registration.
How to transfer money from Venmo to Chime?
Once you have efficiently linked both accounts, you can easily start making transactions. Log in to your Venmo application and go to the menu in the top-right corner of the page.
In the drop-down menu, find the “manage balance” option and then “transfer to bank.” You will be prompted to enter the amount you wish to transfer from your Venmo account to Chime.
You can choose whether to transfer to your bank account or debit card. To complete the transaction, you must click “transfer,” and you are done.
Advantages of linking both accounts
Transactions are simpler and faster when you link both accounts; you can do any transfer immediately in just a few clicks. Another great benefit is that it does not require different applications to do the procedures.
Both applications are the most popular for financial transactions and where most users have an account. Linking them makes it easy to manage both funds without much complexity.