Cannot Add Bank Account to Venmo Solution (2023)


By FintechHop

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When you’ve been using Venmo for some time, you may have found yourself wondering why you cannot add a bank account to Venmo.

If you cannot connect your bank account to Venmo and proceed with financial transactions, Venmo Won’t Let Me Add Bank Account occurs. While there are many reasons for this, there are also many solutions.

Before I discuss how to link your bank account, let me explain why Venmo won’t let me add my bank account.

Why Venmo Would Not Let Me Add Bank Account?

The bank account cannot be added because your login credentials are incorrect, either Venmo or your bank is having server issues, or Venmo has restricted the action due to security concerns.

Incorrect login information

It is most commonly due to incorrect credentials that you cannot add your bank account to Venmo.

Please ensure that your bank account number is entered correctly. The name and other details should be the same as those associated with your bank account.

You must use the correct username and password to access your bank’s internet banking if you are using the instant verification method to add your bank account.

Bank Account is Already Linked

As you may already know, users can only link one bank account to Venmo at a time. You’re likely to encounter the “Venmo, Your Bank Couldn’t Be Added” error if you’ve already coupled your bank account with a Venmo account.

Bank Account is Not US-Based

US-based peer-to-peer fintech platform, Venmo, facilitates peer-to-peer payments. US-based bank accounts are the only ones that can be used. To make sure your bank account is based in the US, it is always better to ask yourself if your account is based there before asking why Venmo won’t let you add it?

Too many times to link the account

In case you are repeatedly entering the wrong details during the process of linking your bank account, online banking may temporarily freeze. Venmo will refuse to accept the bank or let you add it to your account.

By using the ‘forget password’ option, you can reset your password without entering incorrect details or guessing passwords multiple times.

Venmo Servers Are Down

It’s impossible to predict when server problems will strike. As with any cloud-based platform, Venmo also experiences downtime from time to time. You can’t expect the process to end successfully if your bank account is added to Venmo at a time when its servers aren’t functioning properly.

Bank servers are Down 

Venmo is having problems connecting to your bank’s servers at the moment, which is another reason why you can’t add your bank account.

Venmo Won’t Let Me Add Bank Account How to Fix

Firstly, let’s take a quick look at the steps involved in linking any bank account to Venmo before I explain how to resolve the “Venmo won’t let me add a bank account” problem. There may be users who find it difficult at times to understand, although it may seem elementary.

  • The first step is to launch the Venmo app on your iPhone or Android device.
  • The second step is to select the ”☰“icon located at the top of the app.
  • The third step is to select the “Settings” option and then “Payment Methods”
  • The next step is to select “Add your bank or credit card” from the “Add a bank or credit card” menu
  • The final step is to choose a verification method and conclude the process.

Update Venmo App

It may be possible that you won’t be able to add your bank account to Venmo if you are using an outdated version of the app.

On Android devices, go to the Play Store to update the app, and on iOS, go to the App Store.

Verify the Details you Input

In any case, cross-checking the details we input is always vital, and when we’re dealing with financial transactions, it becomes even more crucial. 

Adding a bank account with incorrect data will result in worse scenarios, as previously discussed in Venmo’s reasons why. So, it’s always better to take an extra minute to ensure that the details you provide are accurate.

Clearing the App Cache

In order to use the app, we store data on our devices. In this case, you will not need to reenter your login credentials next time.

It is important to note, however, that cache can pile up over time, causing issues. Hence, clearing the cache is always recommended to fix issues such as crashing, freezing, and other app-related problems.

  • First, launch Settings on your smartphone.
  • Press the ‘Apps and Notifications’ option. It is possible to find ‘Applications’ on some devices
  • The third step is to scroll and look for Venmo
  • The next step is to click the button for Storage and Cache.
  • Then, tap on Clear cache and wait for it to complete.

Check your Internet

Poor internet connectivity comes with a number of issues. It is common for us to encounter errors when using services that rely on the quality of your internet connection. Before linking your bank account, I recommend checking your internet’s stability.

Depending on what type of connection you’re using, you’ll have to optimize your internet differently. Occasionally restarting your wireless router can help if you have one set up at home. It is worthwhile to try turning off and then re-enabling the mobile data connection several times if that is what you intend to use.

Add your debit card, then Bank account

It has also been reported that several users who had similar issues with Venmo have been able to add the same bank account by adding their debit card first to their Venmo account.

Venmo also allows you to add your bank’s debit card before adding your bank account, so you may want to try that first. You might find it useful too.

Try the Manual Mode of Verification

For instance, suppose you’re trying to verify your bank account instantly but are unsuccessful every time. You may opt for a manual approach then and see if that works. As long as it has a high success rate, it takes one or two days for the process to complete.

Contact Venmo support

Trying everything possible hasn’t resulted in a successful connection between your bank account and Venmo, so the next step is to contact Venmo support. It will be easier for them to understand your problem and provide you with appropriate assistance.

Call (855) 812-4430 (M-F, 10:00 am-6:00 pm ET)

Frequently Asked Questions

Why won’t Venmo let me add my bank?

Bank accounts or credit cards cannot be linked to Venmo for a variety of reasons. Most of these errors have been reported as a result of users entering incorrect bank details. In addition, Venmo’s server failures were also responsible for some issues. 

Does Venmo not work with all banks?

Only US-based banks are compatible with Venmo since it operates strictly in the US. Venmo works with all banks as long as its roots lie in the United States, so if you’re wondering if Venmo works with all banks, the answer is Yes.


It can be frustrating not to be able to link bank accounts to Venmo, but luckily it is not an unresolvable issue. Resolving Venmo’s bank account issue becomes easy once you figure out the reason.

The purpose of this article is to walk you through the probable reasons in the most user-friendly way possible. Furthermore, I’ve listed a few solutions you can use to ease your frustrations and begin using Venmo banking activities quickly.

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