How To Send Money Back From Venmo Balance

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Venmo Balance Blues: How to Evict Those Unwanted Digital Dollars

Ah, the age-old question that plagues every Venmo warrior: what do you do with that leftover balance mocking you from the app? Fear not, comrades, for I, your friendly neighborhood financial Robin Hood (with slightly better tax planning), am here to guide you through the perilous journey of sending money back from your Venmo wilderness.

Option 1: The Bank Transfer Bonanza (But at What Cost?)

This is the classic, the OG method. You can transfer that Venmo dough straight to your bank account, where it can languish alongside your actual paycheck (because, let's be honest, that Venmo balance probably came from that hilarious group vacation where everyone "forgot" their wallets). There are two flavors to this option:

  • The Speedy Gonzales (with a Fee): For those who need their money like, yesterday (because that next group outing is calling!), there's the instant transfer. Be warned though, this convenience comes with a price tag steeper than your Venmo avatar's most questionable fashion choice (think: neon pink cat ears and a monocle).

  • The Chill Transfer (Free, But Not for the Impatient): If you're willing to wait a few business days (because, hey, who needs that money for actual bills, right?), you can opt for the standard transfer. This option is completely free, so you can save those precious cents for your next impulse purchase on Venmo.

But wait, there's more! Before you embark on this bank transfer adventure, make sure you've linked your bank account to your Venmo profile. If not, it'll be like trying to send a carrier pigeon with a broken wing - not gonna happen.

Option 2: The Pay-a-Pal Palooza (Because Venmo is Owned by Them Anyway)

Did you know that Venmo is basically PayPal's cooler, younger sibling? Well, this little nugget of information unlocks a superpower: you can actually use your Venmo balance to pay directly on PayPal! That means you can finally snag that limited-edition anime body pillow you've been eyeing (we all have our vices).

Just a heads up: This option only works for online purchases on websites that accept PayPal. So, that regrettable tattoo you drunkenly convinced your friend to get with your Venmo balance? Yeah, that's still gonna require cash (or maybe a very understanding tattoo artist who accepts digital payments).

Option 3: The Venmo Shopping Spree (Treat Yourself!)

Let's face it, sometimes the best way to get rid of a problem is to throw money at it. And what better problem to throw money at than yourself? Use your Venmo balance to treat yourself to something you've been wanting, whether it's that fancy coffee you keep skipping or that ridiculously overpriced phone case that lights up. You deserve it, you digital warrior!

Disclaimer: This option is not recommended for those with severe cases of retail therapy. But hey, if you manage to snag a pair of shoes that double as oven mitts, more power to you.

So there you have it, folks! Your comprehensive guide to evicting those unwanted digital dollars from your Venmo balance. Now go forth and conquer the world (or at least buy that bag of gummy bears you've been craving).

2021-12-31T19:30:00.862+05:30

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