I had $50 in venmo, which I used to purchase groceries, because my bank account is currently negative.
Instead of using the $50 in my bank account, instead, a week later the $50 came out of my bank account, not touching the Venmo balance at all.
So now I have an overdraft fee, effectively meaning I paid 1.5 times for those groceries.
I don’t have “overdraft protection,” I’ve told my bank I don’t want overdrafts to go through, but fuck me for being poor I guess.
Yeah, I prefer not using venmo, but I had negative money in my bank and some Venmo money my boss had sent me. I wanted groceries and that was the only money I had “access” to.
I was going to recommend never keeping a balance in Venmo or the like, but understand sometimes waiting a few days for it to transfer to your bank can make things difficult.