How to Delete Venmo Account Permanently in 2024? Full Guide

How to Delete Venmo Account Permanently? The most widely used payment app in the US now appears to be Venmo. Venmo’s data security features and straightforward, user-friendly interface make it the best option for small, regular payments. Despite Venmo’s widespread use, there are other apps on the market that provide comparable security and a large range of features. 

What is Venmo?

Venmo is a mobile app that facilitates easy expense sharing and is a peer-to-peer payment service. For instance, Venmo enables you to divide the tab when you go out to eat with loved ones, coworkers, or friends. Splitting the cost of a cab ride with Venmo makes it easy to share.

After one payment, requests for the remaining participants to pay their share are sent to them via the Venmo app with a few taps. That computation is handled for you by Venmo, which divides the cost equally. If there is a significant disparity in the price of each meal, the amounts can be changed as well.

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About Deleting Your Venmo Account:

After you successfully remove the account, Venmo doesn’t really complicate things. Your transaction history will be included in a final email from the company to you. That’s it for your relationship with Venmo going forward. Unless you attempt to return, that is.

Once you close a Venmo account, you won’t be able to get it back. You will need to register for a new Venmo account, add your banking details, and go through the entire signup process if you wish to use the service once more.

Ensure you’ve moved any money left in your Venmo account to your bank account before closing. The money isn’t automatically transferred to your bank or returned to the senders when you delete Venmo, and you won’t be able to access it afterward. 

Having both a personal and business Venmo account presents another potential problem. Your personal and business profiles are linked, so closing one will also close the other.

How to Delete Venmo Account Permanently?

Although this PayPal subsidiary has been a well-known payment app for a while, its user interface has never quite reached its peak.

  • Venmo even included a social media section on its app to draw in younger users. Considering the abundance of social media apps available, users didn’t really need their financing application to provide them with a different newsfeed.
  • Furthermore, it can take two to three business days to complete a Venmo payment.
  • Moreover, there is a small fee associated with the app for instant payments. 
  • Venmo appears a little antiquated in a time when instantaneous transactions are the standard.

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How to Delete Your Venmo Account on Website?

These are the steps to follow if you’ve already made the decision to delete your Venmo account and are ready.

  • Visit and log in to the website.
  • In the left column, expand the Settings option.
  • Enter your profile.
  • After swiping down, choose Close Venmo account.
  • Choose “Start closing my account.”
  • Click “Confirm.”

How to Delete a Venmo Account on the iPhone App

Be ready for the mobile app to remove your account in advance. Only accounts with a balance of zero will be closed by Venmo. In accordance with these guidelines, check your account balance on the app. If so, the remaining balance can be withdrawn using the iPhone app. How to do it is as follows:

  • Use the app to access your Venmo account.
  • Click or tap “You” (the dollar sign and blue silhouette).
  • Click on the “Add or Transfer” button.
  • Enter the amount you wish to withdraw.
  • Select “1-3 Business Days” or “Instant”.
  • Choose which debit card or bank account you want your money transferred to.
  • Click the “Transfer” button in green to confirm.

How to Delete a Bank Account From Venmo

You can close your current bank account or chosen to use a different one to link to your Venmo profile? If that’s the case, deleting the bank account from your Venmo profile is simple. The instructions below walk you through using the app and a web browser to remove a bank account.

  • On your smartphone, launch the app.
  • Select “You” from the menu (the blue silhouette icon).
  • Click “Settings.”
  • To change an account’s settings, select “Bank” from the list.
  • The bank account you wish to close should be deleted.

Last words

Although the instructions differ, you can delete both accounts using the same procedure. As long as your previous Venmo account is closed properly, you can delete your personal account and open a new one whenever you’d like. You can use a personal account to open a business account, but once it is deleted, there is no way to get it back, even if you keep the personal account linked to it.

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