If you are a Venmo user, did you know about the Venmo Credit Card? It is only available for select users who sign up for the latest version of the app. They are currently offering cardholders to earn 6% cash back on your eligible top spend category, 4% on the next, and 2% on all other purchases through December 31, 2021. You must apply for the card by July 31, 2021.
After the promotion period, the card will earn 3% back on your top spending category, 2% back in the second highest category each month, and 1% back on all other purchases. For more information, continue reading for a complete review on how you can get tons of unique rewards and bonuses each quarter.
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Table of Contents
Venmo Credit Card Summary
|Bonus Available||6% cash back on your eligible top spend category, 4% on the next, and 2% on all other purchases through December 31, 2021.. To qualify, you must apply by July 31, 2021.|
|Ongoing Rewards/Benefits||Earn 3% cash back on the category in the category you spend the most.
Earn 2% back on the second-highest category.
Earn 1% back on all other purchases.
|Foreign Transaction Fees||None|
- No annual fee
- No foreign transaction fee
- Unique rewards structure
- Only available to select customers
- Limited cardholder perks
Venmo Credit Card Up To 6% Cash Back
For new credit cardholders, Venmo is offering a chance to earn 6% cash back on your eligible top spend category, 4% on the next, and 2% on all other purchases through December 31, 2021.
After the promotion period, you can earn 3% cash back on the category in the category you spend the most, 2% back on the second-highest category, and 1% back on all other purchases.
Redeeming Cash Rewards
Venmo will automatically calculate the rewards you’ve earned based on your top spend categories and transfer them to your Venmo account. After it’s in your account, you are able to use them like a Venmo balance or you can transfer it to your linked bank account.
Venmo Credit Card Benefits
- Personalized cash back rewards – Earn the most cash back for the category you spend the most in.
- Contactless – The card’s contactless design can be used with touch-free terminals for your safety.
- Unique QR code – Make purchases or payments, or give your code to friends to make payments to your account or credit card bill.
- Visa’s Zero Liability – You’re covered by Visa in case of fraud.
Venmo also offers a Visa and Visa Signature version of their card. These perks will be based on which card you sign up for.
- Roadside assistance hotline
- Concierge for booking event tickets, travel, and other services
- Travel and emergency hotline
- Visa Luxury Hotel Collection benefits
- Roadside assistance hotline
All in all, the Venmo Credit Card is good choice for those who are looking to get rewarded on their top spending category. They offer several perks and benefits that might suit your neeeds. However this card lacks availability as it is only available to select Venmo users.