How To Transfer Venmo To Paypal Without Bank Account

As an avid user of both Venmo and PayPal, I often find myself needing to transfer funds between the two platforms. However, one challenge that I faced was transferring money from Venmo to PayPal without a linked bank account. In this article, I will share with you my personal experience and provide detailed steps on how to accomplish this.

Why Transfer Venmo to PayPal without a Bank Account?

Before we dive into the process, let’s discuss why you might want to transfer funds from Venmo to PayPal without a bank account in the first place. There could be various reasons for this, such as:

  • You prefer to keep your financial information separate and not link your bank account to multiple platforms.
  • You don’t currently have a bank account and still want to enjoy the convenience of transferring funds between Venmo and PayPal.
  • You want to avoid any additional fees or delays associated with transferring funds through a bank account.

The Challenges and Workarounds

Transferring funds from Venmo to PayPal without a linked bank account can be a bit tricky since Venmo primarily relies on bank accounts for withdrawals. However, there are a few workarounds that you can explore:

1. Utilize a Prepaid Debit Card

If you don’t have a bank account, one option is to obtain a prepaid debit card. These cards can be purchased at various retail stores and online platforms. Once you have your prepaid debit card, follow these steps:

  1. Add your prepaid debit card to your Venmo account by going to the “Settings” tab and selecting “Payment Methods”.
  2. Transfer the desired amount from your Venmo balance to your prepaid debit card. Keep in mind that Venmo may charge a small fee for this transfer.
  3. Once the funds are on your prepaid debit card, you can then link it to your PayPal account by going to the “Wallet” section and selecting “Link a Card or Bank”.
  4. Follow the provided instructions to complete the linking process. PayPal may require you to verify your card by providing additional information.
  5. After successfully linking your prepaid debit card to PayPal, you can transfer the funds from the card to your PayPal balance.

2. Use a Peer-to-Peer Platform

Another alternative is to utilize a peer-to-peer platform to transfer funds from Venmo to PayPal without a bank account. One such platform is Cash App. Here’s how you can do it:

  1. Create an account on Cash App and link your Venmo account.
  2. Transfer the funds from your Venmo account to your Cash App balance.
  3. Once the funds are in your Cash App balance, you can then withdraw them to your linked bank account or debit card.
  4. After the withdrawal is complete, you can add the funds to your PayPal account by linking your bank account or debit card.

Conclusion

Transferring funds from Venmo to PayPal without a bank account may require a bit of creativity and patience, but it is definitely possible. By following the steps mentioned above and exploring alternative methods like using prepaid debit cards or peer-to-peer platforms, you can successfully bridge the gap between these two popular payment platforms. Remember to keep in mind any fees or limitations associated with each method and choose the option that best suits your needs.