Two venmo accounts one phone number reddit

Q: Can I have 2 Venmo accounts with the same phone number?

It is not against Venmos policy to own and operate two accounts. However, your Venmo account can only be associated with one phone number. Though it can be linked to multiple email addresses, a unique phone number must be linked to each Venmo account.

You can have two Venmo accounts using different bank accounts or even the same bank account.
Having two Venmo accounts is a great feature if you share a joint bank account with your partner or family member.
When someone else adds the same bank details to their Venmo account, you'll get a notification, which can help you guard against fraud and theft.
Visit Business Insider's homepage for more stories.

If you have a joint bank account, you may wonder if Venmo — the popular money transfer app for iPhone and Android — will let both you and the person you share the bank account with add it to your respective Venmo accounts.

Table of Contents Show

Check out the products mentioned in this article:
How to add a bank account to your Venmo account
Related coverage from How To Do Everything: Tech:
'Does Venmo charge a fee?': A guide to Venmo fees, and how to avoid them
How to receive money on Venmo and transfer funds to a connected bank account
How to send money on Venmo to anyone with an account, and set a privacy setting for payments
'Does Venmo work internationally?': No, you must be physically located in the US — here's what you need to know
Can I have 2 Venmo accounts with the same phone number?
Can you have 2 Venmo profiles?

The short answer: Yes, you can both have that bank account added to your Venmo accounts without causing issues. But it's limited to two accounts at once.

When this happens, the first person to add the account will get a notification when another user adds that bank information to their own Venmo account. This is meant to help protect users who haven't given another person permission to add their bank details.

To take advantage of this option for those with joint accounts, all you have to do is make a new Venmo account and add your bank information.

Check out the products mentioned in this article:

iPhone 11 (From $699.99 at Best Buy)

Samsung Galaxy S10 (From $899.99 at Best Buy)

How to add a bank account to your Venmo account

1. Open the Venmo app on your iPhone or Android phone.

2. Tap the three stacked lines in the top-left corner of the screen to get to the Venmo menu.

3. Select "Payment Methods."

4. Tap "Add Bank or Card..."

Add a new payment method to your account. Devon Delfino/Business Insider

5. Tap "Bank."

Up to two different Venmo accounts can add a single bank. Devon Delfino/Business Insider

6. Select how you want to add your bank account: "Instant" (which requires you to sign into your bank account) or "Manually" (which requires you to input your bank account's routing and account numbers).

If your bank has an online banking portal, you can use "Instant." Devon Delfino/Business Insider

7. Follow the on-screen prompts according to the method you chose to add your bank account to Venmo.

Be aware that when you add a new bank to your Venmo account, the app will process "micro transfers" for that bank account, meaning they will take out (and immediately return) amounts of less than $1 each. This is just to verify that you've added a valid account.

'Does Venmo charge a fee?': A guide to Venmo fees, and how to avoid them
How to receive money on Venmo and transfer funds to a connected bank account
How to send money on Venmo to anyone with an account, and set a privacy setting for payments
'Does Venmo work internationally?': No, you must be physically located in the US — here's what you need to know

Devon Delfino is a Brooklyn-based freelance journalist specializing in personal finance, culture, politics, and identity. Her work has been featured in publications such as The Los Angeles Times, Teen Vogue, Business Insider, and CNBC. Follow her on Twitter at @devondelfino.

Can I have 2 Venmo accounts with the same phone number?

It is not against Venmo's policy to own and operate two accounts. However, your Venmo account can only be associated with one phone number. Though it can be linked to multiple email addresses, a unique phone number must be linked to each Venmo account.

Can you have 2 Venmo profiles?

If you share a bank account with a partner or family member you can have 2 Venmo accounts linked to the same joint bank account or card. In this case, the Venmo user who linked the bank account first will be notified when a second user tries to link the same bank account.