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Old May 10, 2018 | 2:34 pm
  #505  
NBG007
15 Years on Site
 
Join Date: May 2008
Posts: 200
Originally Posted by radonc1
I imagine that attaching your Venmo account to a real debit card is no different than attaching it to the underlying bank account that the debit card covers. The only downside I see is if your debit card has some sort of limit on the amount of funds that can be withdrawn per transaction or per day that is less than Venmo's..

I do not see that there is any benefit to you by using the debit card rather than just using it's underlying bank account. With the bank account, you can move money in and out of Venmo. I am uncertain if that is the case if you have Venmo funded by a debit card. Furthermore, while you have a daily cash limit on Venmo, your debit card limits may be less and therefore more restrictive while an underlying bank account may not have those debit card related cash transfer restrictions.
I only get cash rewards for debit purchases (5c /purchase). So a google pay/Venmo would do. Just want to know if Venmo would shutdown me for doing multiple 10-15c activity.
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