How Do I Set Up A Second Venmo Account

How Do I Set Up A Second Venmo Account

Are you looking to set up a second Venmo account? Maybe you want to keep your personal and business transactions separate, or you want to create an account for a friend or family member. Whatever the reason, setting up a second Venmo account is quick and easy.

Step 1: Download the Venmo App

The first step in setting up a second Venmo account is to download the app on your smartphone or tablet. The app is available for free on both iOS and Android devices. Once you have downloaded the app, open it and follow the prompts to create a new account.

Step 2: Use a Different Email Address

When setting up your second Venmo account, make sure to use a different email address than the one associated with your first account. Venmo only allows one account per email address, so using a different email address is necessary. You can easily create a new email address for free using services like Gmail or Yahoo.

Step 3: Verify Your Identity

To use Venmo, you must verify your identity by providing your full name, date of birth, and social security number. This is required by law to prevent money laundering and fraud. Venmo will also ask you to provide a valid phone number and address.

Step 4: Link Your Bank Account

In order to send and receive money with Venmo, you need to link a bank account. You can link the same bank account you used for your first Venmo account, or a different one. To link your bank account, enter your account and routing numbers. Venmo will then make two small deposits into your account, which you must verify to confirm your account.

FAQs

Can I have more than one Venmo account?

Yes, you can have multiple Venmo accounts as long as each account is tied to a unique email address and phone number.

Can I use the same bank account for multiple Venmo accounts?

Yes, you can link the same bank account to multiple Venmo accounts.

Do I need to verify my identity for each Venmo account?

Yes, you must verify your identity for each Venmo account you create.

Can I transfer funds between my Venmo accounts?

No, Venmo does not allow transfers between accounts. If you need to send money between your own accounts, you will need to withdraw the funds from one account and deposit them into the other.

Conclusion

Setting up a second Venmo account is a simple process that can be completed in just a few minutes. Just remember to use a different email address and verify your identity for each account. With multiple accounts, you can easily keep your personal and business transactions separate or create accounts for friends and family members.