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Venmo gift options are more than just a way to send money to friends and family. You can use Venmo to gift someone a unique experience, like tickets to a concert or a sporting event.
Venmo allows you to send gifts with a personalized message, making it a thoughtful way to celebrate special occasions.
Venmo gift options include sending money to friends and family, as well as gifting experiences like tickets to events.
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Adding a Gift
Adding a gift to Venmo is a thoughtful way to send money to friends and family. You can use a Visa gift card to add funds to your Venmo account.
To add a Visa gift card to Venmo, follow these steps: open the Venmo app, tap the three horizontal lines in the top left corner, tap "Settings", tap "Payment Methods", and then tap "Add bank or card." You can also add a prepaid card, but it must be network branded and registered under your name.
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You can use the funds from your Visa gift card to send money to friends and family, pay for goods and services online, or withdraw cash at an ATM. To transfer money from your Visa gift card to your Venmo balance, tap "Manage Balance", tap "Add money", select the Visa gift card, and enter the amount you want to transfer.
You can also send a gift-wrapped payment on Venmo, which is essentially an e-card with money that the recipient can use however they'd like. To do this, tap the "Pay/Request" button, select the user you want to pay, type in the amount, and fill out the "What's this for?" field. You can then select an animated design and send the gift.
Some benefits of adding a gift card to Venmo include having a good financial backup and being able to purchase at your favorite retail store.
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Preparing a Gift
To give a wrapped gift on Venmo, start by tapping the "Pay/Request" button on the bottom of the screen.
Select the user you'd like to pay or type in their handle, then tap "Next." This will bring you to the payment details screen.
Type in the amount you'd like to pay and fill out the "What's this for?" field with a message, keeping in mind the 280-character limit. The message will be similar to a physical card.
To add a personal touch, tap the "Gift" button on the right-hand side of the screen. This will allow you to choose an animated design that fits the occasion and recipient.
Here are some steps to follow when selecting an animated design:
- Select the "Cash" section.
- Choose which animated design best fits the recipient and occasion.
- Preview how each design will look with your gift message and cash amount.
- Tap "Continue" to proceed.
Finally, select your payment method for the gift, which may be a current Venmo balance or a linked account.
Giving a Gift
Giving a gift on Venmo is a thoughtful way to show you care, and it's easier than you think. You can send a gift-wrapped payment or a gift card to make it even more special.
To send a gift-wrapped payment, you'll need to tap the "Pay/Request" button on the bottom of the screen in the Venmo app. From there, select the user you'd like to pay and type in the amount you'd like to send.
You can choose from a variety of animated designs to make the gift more personalized. There are 18 different brands that you can send gift cards to, including Amazon, Chipotle, and Sephora.
To send a gift card, follow the same steps as sending a gift-wrapped payment, but select the "Gift Card" section instead. Make sure to choose the correct brand and amount, as each gift card has a different minimum and maximum amount.
Once you've selected the gift card and animated design, you can preview how it will look with your gift message and cash amount. Tap "Continue" to proceed with the payment.
If you have a current Venmo balance that covers the gift amount, this will be the default payment option. Otherwise, choose the linked account that you'd like to pay with.
Note that you can't cancel or change the gift card payment once you've sent it, so double-check that everything is correct before you confirm.
Brands that offer Venmo gift cards:
- Amazon
- Chipotle
- Nordstrom
- Uber
- Lyft
- Sephora
Keep in mind that each gift card has a different minimum and maximum amount, so be sure to check the details before sending.
Wedding Gifts
You can ask for Venmo donations for a wedding gift, and it's becoming more common. People enjoy giving physical gifts, but it's okay to also ask for monetary presents.
Having a traditional registry is still a good idea, as it gives guests a clear idea of what to get you. But if you're one of those people who hate making decisions, or don't want to travel with a gift, a monetary present is perfectly okay.
You can link to your Venmo, Cashapp, or Honeymoon fund on your wedding website, especially if you're live streaming your wedding with LoveStream.
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Wedding Timing
You want to send a Venmo gift, but when is the right time? Sending it during the reception or right after the wedding is a great idea, as it allows the couple to enjoy the celebration and not wake up to a new Venmo transaction the morning after.
Using your phone during a wedding might not be sound etiquette advice, but it's a small price to pay for the happiness of your bestie.
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Wedding Donation Requests
Asking for monetary gifts for your wedding is perfectly okay, especially for those who hate making decisions or don't want to travel with a gift.
You can use digital options like Venmo or Cashapp to make it easy for guests to contribute. It's also becoming more common, so don't feel like you're breaking any rules.
Having a traditional registry is still a good idea, though - people enjoy giving physical gifts and it makes it easier for them to know what to get.
If you're live streaming your wedding, you can link to your Venmo or Honeymoon fund on your wedding website for an easy way to collect donations.
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Transferring Money
Transferring money with Venmo gift is a breeze. You can transfer money from a gift card to your Venmo account, and vice versa.
Typically, these transactions require 3 to 5 days to become successful, so you must wait a few days to reload them. You can link your gift card to your Venmo account and transfer money between both accounts.
For another approach, see: Unfreeze Venmo Account
To transfer money from a gift card to your Venmo account, follow these steps:
- Start by opening the Venmo app on your phone and tapping the Profile or “Me” icon.
- On the next screen, tap on “Manage Balance,” present next to your Venmo Balance.
- Now, type in the amount you want to transfer to your Venmo account. Next, select the gift card you just added to your account to initiate the transfer.
- Venmo will now allow you to change the date of arrival for the funds to your account. Once done, tap “Add Now” to complete the process.
You can also transfer money from your Venmo account to the gift card. To do this, you must verify your card on Venmo. This process is more convenient on the Venmo app on your mobile.
Here's how to reload your gift card from your Venmo account:
- First, download the Venmo app on your device and launch it.
- Log in to your account and navigate the “Me” tab by tapping the profile icon.
- Now, hit the “Add or Transfer” button.
- Tap on the money you want to add to your gift card from the Venmo account.
- Pick the gift card you wish to transfer money to.
- Choose “Instant” to transfer the funds to your gift card in just a few seconds. However, a certain fee will apply to this payment mode. To avoid it, you can choose the “1-3 business days” to transfer the money without any charges.
- Finally, select “Transfer,” and you’re good to go!
You can also transfer funds to your bank account from your Venmo account. Simply add the gift card using the steps outlined above, then go to the “Transfer Money” option and select “Transfer to Bank”.
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Frequently Asked Questions
What happens if you click a gift on Venmo?
When you click a gift on Venmo, you'll see a preview and a notification, and can then unwrap it to view the animation. Unwrapping a gift reveals the gift details within the Venmo app.
Are gifts taxed on Venmo?
No, gifts sent through Venmo are not considered taxable. Personal transactions like gifts, favors, or reimbursements are exempt from taxes
How do I get a Venmo gift card?
To send a Venmo gift card, search for the recipient, enter the gift card amount, and select the desired design. Tap "Purchase gift card" to complete the transaction.
How do I give someone money on Venmo?
To send money on Venmo, open the app and select the payment icon at the top right of your screen, then choose a recipient from your contacts list or add them using their phone number, email, or Venmo username. You can then proceed to enter the payment amount and send the funds.
How do I send money on Venmo without fees?
To send money on Venmo without fees, use a linked bank account, debit card, or Venmo account. Sending money with a credit card incurs a 3% fee.
Sources
- https://www.linkedin.com/pulse/how-add-visa-gift-card-venmo-step-by-step-guide-tebid-beltus-7gdhe
- https://www.bestproducts.com/lifestyle/a45687366/how-to-give-gift-on-venmo/
- https://corporate.hallmark.com/news-article/hallmark-and-venmo-launch-first-of-its-kind-hallmark-venmo-cards/
- https://www.lovestream.io/blog/wedding-etiquette-venmoing-the-couple
- https://www.greenlitcontent.com/how-to/how-to-add-gift-card-to-venmo-step-by-step-with-photos
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