Thread: VENMO
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Old Jan 3, 19, 3:44 am
Join Date: Mar 2005
Programs: Continental Onepass, Hilton, Marriott, USAir and now UA
Posts: 3,075
Originally Posted by ORD-TGU View Post
Does venmo count as a Direct Deposit for BofA when seeking a bonus for a new checking account. I have searched around, and there is no recent reports. thanks!
I don't think that it would.. I think that "Direct deposit" is for recurring check deposits. Look at this site and click on "how direct deposit works". You will see that you need bank routing numbers as well as account numbers. Venmo (AFAIK) does not provide a routing number for accounts.

However, the only way to find out is to try it. Please let us know if it works as a direct deposit.
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