venmo teen Accounts

Venmo Teen Account – How to Create? Requirements, Limits & Fee

If your child is under 18 and wants to create own venmo account then, you can apply for the venmo teen account from your venmo account on behalf of your child. Keep in mind that only legal guardians and parents can apply for the teen account. Make sure that your child is familiar with all about the account to avoid any type of scam. 

What are the requirements for creating a Teen account on Venmo?

Before creating a teen account on venmo make sure that you read these requirements. 

  • Your age must be from 13 to 17 years old. 
  • You can only create your Venmo teen account with your parent’s sign up. 
  • You must be present in the U.S. to use your teen venmo account. 

How to Create a Venmo Teen Account?

Follow the steps to learn about creating a teen account on venmo. Let’s get started. 

  • Open “Venmo” App:
  • First, parents need to open their venmo account. 
  • There are 2 options to create a teen account on venmo. 
  1. From the “Card” Option. 
  2. From the “Me” Tab. 

How to create a Teen Account on Venmo from the Card Option?

Now, continue your reading to learn how you can create a teen account through the card option. 

  • Open up your venmo account. 
  • Click on the “Cards” option which is present in the 2nd number of the bottom left corner of the screen. 
How to create a Teen Account on Venmo from the Card Option
  • When you click on the cards option, a new interface will open in front of you. From the screen click on “Venmo Teen Debit Card”.
Venmo Teen Debit Card
  • Next, click on “Get Started”.
Get Started
  • Now, you have to choose the color for venmo debit card and click on “Next”.
you have to choose the color for venmo debit card and click on “Next”
  • After that, you have to enter all of the information” such as legal first name, legal last name, DOB, address, and all the other required details. 
you have to “enter all of the information” such as legal first name, legal last name, DOB, address, and all the other required details
  • After entering the details, you have to clarify that you are the legal guardian of this child by ticking it. Lastly, read all the information again to confirm and click on “Done”.
After entering the details, you have to clarify that you are the legal guardian of this child by ticking it. Lastly, read all the information again to confirm and click on “Done

How to create a Teen Account on Venmo from the “Me” Option?

Follow the guidelines to create a Venmo Teen account for your children using the Me tab. 

  • Click on the “Me” tab in the bottom left corner. 
How to create a Teen Account on Venmo from the “Me” Option?
  • After that in the top left corner, click on your profile name. 
After that in the top left corner, click on your profile name
  • A drop-down menu will open in front of you. 
  • Here you can find 2 options: 
  1. Create a Teen Account
  2. Create a Business Profile
A drop-down menu will open in front of you
  • Select “Create a Teen Account” and then click on “Get Started”.
Select “Create a Teen Account” and then click on “Get Started
  • Next, you can also choose a color for your teen’s card and click on “Next”.
Next, you can also choose a color for your teen’s card and click on “Next
  • After that, you have to enter all of your child’s personal details such as legal first name, legal last name, DOB, and address. 
  • After filling out the details you have to clarify that you are the legal guardian or parents of this child and click on “Done”.
you have to enter all of your child's personal details
  • Once the process is complete, they mail you the details of the debit card. Your teen account is created, you can add some money to your child’s account if you want or skip it. 
Your teen account is created

How to Give Access to a Venmo Teen Account to Your Child?

As we know, only legal guardians and parents have access to create a venmo teen account. After creating a venmo teen account, follow the steps to give access to the teen account to your child. 

  • Click on the “Me” tab and then the arrow next to your username. 
  • Tap on “Teen Account” and then on “Overview”.
  • Here, you need to select “Give them access to the app or Resend App Invite”.
  • Add the phone number of your teen and click on “Send Invite”.
  • A text message is sent to your child and they click on it to set up their teen account on venmo. 

How Much is Venmo Teen Account Fees?

There is no monthly or annual fee charged for creating or setting up a teen account on venmo. However, when you use a debit card then other fees might applied. 

How Much is Venmo Teen Account Limits and Bank Transfer Limits?

The amount limits of venmo depend upon whether the teen has access to their venmo teen account or not. In the table below, have a look at the teen account limits without app access and with app access. 

Teen Account Limit Without App Access With App Access
ATM Withdrawals $400 Daily $400 Daily
In-Store QR Code Payments Not possible $2,000Weekly
Teen Debit Card Purchases $1000 Daily$3,000 Weekly$3,000 Daily$7,000 Weekly
Person-to-Person Payments No Possible $2,000 Weekly

What are the Benefits of Venmo Teen Account?

Creating a venmo teen account for your children can give a lot of benefits. Have a look at them. 

  • Legal guardians can give access to their children to use their teen account and keep an eye on their transactions. 
  • Parents can add money to their teen accounts if they want.
  • Teens can pay or request their friends to send money. 
  • Teens can use their venmo accounts all over the U.S.
  • Children can also choose a color for their debit card. 

How do I Access my Teen Account?

Your parents or guardian gives you access to your venmo teen account. After getting access, the teen can open their account, then monitor and view their balance on their venmo account. They can also send or request to their friend to send the amount to their account. 

How Does Venmo Teen Account Work?

First, parents or the legal guardian of the child can apply for the venmo teen account for their child. After creating a teen account for their children they can give access to them and monitor all of your activities from their venmo account and also lock and unlock your Teen Debit Card. after getting access, teens can easily view their balance and monitor their spending. 

Could you be scammed on a venmo teen account?

Yes, there is a chance that you might be scammed on the teen account because your children are not familiar with all the tips and tricks to protect their venmo account. Tell them to avoid clicking on any link they receive regarding the venmo account and do not share their account details with anyone. 

How To Protect Your Venmo Teen Account?

Here are some tips and tricks that you need to know and it helps you to protect your teen account on venmo. 

  • Don’t click on any link and don’t enter your personal details.
  • Enver shares the sensitive information of your account such as password or PIN. 
  • Use strong passwords and two-factor authentication to protect your teen account.
  • Don’t answer any type of venmo company phone call until you make sure that it is the accurate and correct number. 

What Types of Issues Occur in Teen Accounts?

Here are some of the issues that can occur with the teen account. 

  • Your child might not be familiar with the transactions or transfer amount. 
  • There is a chance that they accidentally wrong details while sending the amount. 
  • Some ATMs charge withdrawal fees that your children might not know about it. 

What are the Troubleshooting Tips for Teen Accounts?

If you are facing an issue with your teen account, surely, you have to know some of the troubleshooting tips that will resolve your issue. 

  • Tell your child how they can transfer the amount to another account. 
  • Guide them on how they enter the details of accounts. 
  • Make sure that your child is familiar with all the ATM withdrawal fees. 

Summary

Teen account for your child is the best option where they can transfer the amount to their friends and also pay their own bills by themselves. However, if the teen account has its benefits, it also has some of its drawbacks, so, make sure that your child is familiar with all the ways and tricks of using it. You can also learn about creating a venmo personal account for your personal use and a venmo business account for selling goods and offering services. 

Note: If you have further any query regarding venmo Personal account visit venmo support.

FAQs

Q. Is it illegal to have Venmo under 18?

No, it is not illegal to have venmo under 18. If your age is under 18 then you can create a teen venmo account on behalf of your parents. The venmo teen account age limit is 13 to 17.

Q. Can I set up a Venmo account for my child?

If you are the legal guardian or parent of that child then you can set up a teen account for your child. 

Q. Can you use Venmo if you are 17?

Yes, you can use a venmo teen account if your age is between 13 to 17. 

Q. How do I verify my Venmo account under 18?

Only parents or legal guardians can create or verify the venmo account for their child under 18. First, you can make your account on venmo then you can add the teen account for your child through your account. 

Maximiliano Rojo

Maximiliano Rojo

I am Maximiliano Rojo, Graduate of San Diego State University majoring in Finance and minor in Marketing. On this Blog, I am helping you regarding venmo. As an experienced person, I can understand peoples queries and helping them out from accounts creation, Venmo app use to Transection processes. Its Basically Your Life, Your Money but Our Guidance. Enjoy it!

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