An actual checking account with a real bank or credit union. Venmo is fine for receiving payments, then he can transfer it to his bank account. Money shouldn't be held in Venmo for any longer than it takes to log into the app and initiate a transfer after receiving it. Venmo and other similar apps are not FDIC insured, so if they go tits up tomorrow, any money held in there is gone. Answer from t-poke on reddit.com
Venmo
venmo.com › about › teendebitcard
Debit Card for Teens | Teenager Debit Card | Venmo
Oversee your teen's finances easily with a Venmo Teen Account and debit card with built-in parental oversight. Split bills, share payments, and more.
Venmo
help.venmo.com › cs › articles › teen-account-faq-for-parents-guardians-vhel117
Teen Account FAQ for Parents & Guardians | Venmo
WHAT IS A TEEN ACCOUNT? Venmo Teen Accounts are profiles connected to a parent or guardian's main Venmo account. Teen Accounts have separate balances and en...
Videos
03:19
Venmo Teen Account Details - YouTube
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How Do I Activate My Venmo Teen Debit Card? #venmo #smartphone ...
01:38
How to Set Up Venmo Teen Account - YouTube
03:18
Venmo for Teens: Everything You Need To Know - YouTube
01:00
How Do I Set Up the Venmo Teen Account? - YouTube
Teen Account- Venmo or other?
An actual checking account with a real bank or credit union. Venmo is fine for receiving payments, then he can transfer it to his bank account. Money shouldn't be held in Venmo for any longer than it takes to log into the app and initiate a transfer after receiving it. Venmo and other similar apps are not FDIC insured, so if they go tits up tomorrow, any money held in there is gone. More on reddit.com
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May 16, 2025Teen VENMO account Alert!!! Do not use these online accounts!
Depending on how it was processed (either via the account or via the card) they might not grant the claim. The distance also doesn't matter if it's an online purchase or not. Buying something from California when you live in the midwest isn't fraudulent. However: Buying something IN PERSON in california when you live in the midwest is fraudulent. I would double check what the payment is for, while it's good to trust your kid, sometimes kids buy things they don't want their parent's to know about Source: I was a kid once. More on reddit.com
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August 10, 2025How do I switch my Venmo Teen account into an adult account?
U'll have to start over. There's no way to convert the acct at this time to a regular account. It has to be closed so u can use ur # and email More on reddit.com
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August 8, 2024I can’t create an account for my teen
Have you been verified? More on reddit.com
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September 21, 2024Venmo
venmo.com › about › teendebitcard › teens
Teen Debit Card | Venmo
The Teen Debit Card is linked to the Teen Account, and allows them to spend the balance anywhere Mastercard is accepted · Parents and legal guardians can also grant their teen access to the Venmo app.
White Coat Investor
whitecoatinvestor.com › home › venmo teen account and how to use it
Venmo Account for Teens | White Coat Investor
October 9, 2025 - But it’s important to know how this account works and the pros and cons of setting one up first. The Venmo Teen account gives teens between the ages of 13-17 a way to send and receive money. The account comes with a free debit card and gives ...
Reddit
reddit.com › r/personalfinance › teen account- venmo or other?
r/personalfinance on Reddit: Teen Account- Venmo or other?
May 16, 2025 -
Teen is mowing lawns this summer for some extra spending money.
We started with people paying my Venmo- but he needs some autonomy to learn.
Looked into teen Venmo + debit card. Concern that he can’t really save money from there and will have access to all of it (and the safety of that?)
Other simple ideas that we can help manage and make it easy for neighbors to pay?
Venmo really seems like the easiest person to person payment, just wanting to make sure I’m not missing any potential headaches! Thanks!
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An actual checking account with a real bank or credit union. Venmo is fine for receiving payments, then he can transfer it to his bank account. Money shouldn't be held in Venmo for any longer than it takes to log into the app and initiate a transfer after receiving it. Venmo and other similar apps are not FDIC insured, so if they go tits up tomorrow, any money held in there is gone.
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Zelle with a savings account? Money probably isn't huge, and getting experience moving money in and out of Venmo perhaps isn't the worst idea, either.
Venmo
help.venmo.com › cs › articles › teen-account-faq-for-teens-vhel118
Teen Account FAQ for Teens | Venmo
If you're under 18 and want to use Venmo, today's your lucky day! Venmo offers a Teen Account for anyone 13-17 years old, created by a parent or guardian.
CNET
cnet.com › money › venmo teen accounts aim to offer financial flexibility but keep parents in charge
Venmo Teen Accounts Aim to Offer Financial Flexibility but Keep Parents in Charge - CNET
May 23, 2023 - Venmo, the PayPal-owned mobile-payment service, is introducing a Venmo Teen Account for 13- to 17-year-olds that the company says offers convenience and the chance to learn about money.
PayPal Newsroom
newsroom.paypal-corp.com › 2023-05-22-Venmo-Teen-Account-Essential-Information-for-Parents
Article: Venmo Teen Account: Essential Information for Parents
May 22, 2023 - Today, we introduced the ability for parents and guardians to open a Venmo Teen Debit Card and Venmo Teen Account to give their 13- to 17-year-olds a secure, seamless way to send and receive money.
Venmo
help.venmo.com › cs › articles › teen-account-limits-vhel176
Teen Account Limits | Venmo
WHAT ARE THE TEEN ACCOUNT LIMITS? Venmo Teen Accounts have their own payment and purchase limits, separate from limits on the parent or guardian's account. ...
Money Management Institute
moneymanagement.org › blog › venmo-for-teens
Pros and Cons of Venmo for Teens | MMI
July 26, 2023 - Available to teens ages 13-17, the Venmo Teen Account comes with full Venmo functionality and a debit card connected to the account. Parents must have an existing Venmo account, through which they can create a connected account for their teenage ...
YouTube
youtube.com › playlist
Venmo Teen Account - YouTube
What is a Teen Account? Have you ever wanted to use Venmo? Well, today's your lucky day! Venmo now offers a Teen Account, created by your parent or guardian,...
ZDNET
zdnet.com › home › business
What is a Venmo Teen account? Here's what parents and teens need to know | ZDNET
May 26, 2023 - You can now open a Venmo account specifically for a 13 to 17-year-old. This account comes with a debit card and parental controls. Recently, tech companies have been criticized by parents and government officials for not taking the necessary ...
Investopedia
investopedia.com › venmo-to-introduce-teen-account-with-goal-of-promoting-financial-education-7501222
Here's What Venmo's New Teen Debit Card Account Offers. Do You Need It?
May 22, 2023 - Venmo, the Paypal (PYPL)-owned payments platform, unveiled its Venmo Teen Account, which allows parents to open a Venmo account and debit card for their teenaged kids between 13 and 17 years old.
Venmo
help.venmo.com › cs › articles › using-your-venmo-teen-account-vhel156
Using Your Venmo Teen Account | Venmo
Then, tap the invite link from your parent or guardian and follow these steps in your Venmo app to connect to their account: ... Now it's time to add your info. Enter your legal first and last name, date of birth, and email address, and create a unique username and password for your Teen Account.
KUTV
kutv.com › newsletter-daily › exploring-pros-cons-of-venmo-teen-accounts-as-financial-teaching-tool-in-utah-debit-card-financial-needs-easy-monitor-withdrawal-fees
Exploring pros, cons of Venmo Teen accounts for Utahns
October 12, 2023 - In an era where cash is used less frequently, Venmo Teen offers a practical solution. If your teen needs money for a school event or a social gathering and you don't have cash on hand, you can easily transfer funds to their debit card via Venmo.
Qorus Global
qorusglobal.com › content › 18747-introducing-the-venmo-teen-account
Introducing the Venmo Teen Account - qorusglobal.com
May 30, 2023 - Venmo introduced the Venmo Teen Account, providing parents and legal guardians the ability to open a Venmo account for their teenagers between the ages of 13 to 17-years-old so they can send and receive money.
Venmo
help.venmo.com › cs › articles › using-your-venmo-teen-debit-card-vhel175
Using your Venmo Teen Debit Card | Venmo
ACTIVATE YOUR VENMO MASTERCARD® TEEN DEBIT CARD The teen debit card will need to be activated by the creator of the Venmo Teen Account. Please reach out to ...
PayPal
about.pypl.com › news-details › 2023 › Introducing-the-Venmo-Teen-Account › default.aspx
PayPal, Inc. - Introducing the Venmo Teen Account
May 22, 2023 - SAN JOSE, Calif., May 22, 2023 /PRNewswire/ -- Venmo today introduced the Venmo Teen Account, providing parents and legal guardians the ability to open a Venmo account for their teenagers between the ages of 13 to 17-years-old so they can send ...
PR Newswire
prnewswire.com › news-releases › introducing-the-venmo-teen-account-301830319.html
Introducing the Venmo Teen Account
May 22, 2023 - SAN JOSE, Calif., May 22, 2023 /PRNewswire/ -- Venmo today introduced the Venmo Teen Account, providing parents and legal guardians the ability to open a Venmo account for their teenagers between the ages of 13 to 17-years-old so they can send ...
Venmo
help.venmo.com › cs › articles › managing-my-linked-teen-account-vhel157
Managing my linked Teen Account | Venmo
By default, Venmo Teen Accounts are hidden from in-app search results for users who are not their Venmo Friends.