conversation: User (OccupyMyBallSack): "I wanted to see how I would live if I didn't have a roommate. I pay all bills and my roommate venmos me his half each month. I've just let it sit there and just recently looked into it and realized I have nearly $5k in my Venmo account. For a little I thought it was a good emergency fund, but it doesn't give me anything back. Is a standard savings account good or should I do more with it?"
  Self: "Not on Venmo, that's for damn sure. Venmo is not a bank, it's PayPal's rebranded app. They can and do freeze money, utilize withdrawal limits, and are not subject to many financial consumer protections. For most people moving a small amount of money around, it's no big deal. But $5k? I'd move that into a bank account ASAP. Probably best to do it on small chunks over a couple months - if your account gets flagged, it'll be six months before you see the money. "
  User (OccupyMyBallSack): "Yeah I didn't really think about it and it stacked up. It was a good experiment because I can very comfortably afford my own place. I did the max $3k and when it clears I will move the rest. No issues yet."
  