Want to learn more about the Venmo Credit Card? Check out this page for some FAQs.
What is the Venmo Credit Card?
The Venmo Credit Card is a Visa branded credit card integrated into the Venmo experience you know and love. With the Venmo Credit Card, you can manage your credit card account right from the Venmo app.
The front of the cardis printed with your personal Venmo QRcode whichmakes activation a snap. Your friends can also scan the code to find your Venmo profile.
The Venmo Credit Card allows you to make contactless payments, split your credit card purchases with friends on Venmo, request new virtual card numbers, and earn cash backrewardson your purchases*.
Learn more about terms and rates.
How do I apply for the Venmo Credit Card?
The Venmo Credit Card is now available for eligible users. Learn more about applying for the Venmo Credit Card.
What's the difference between the Venmo Credit Card and the Venmo Debit Card?
The VenmoMastercard®Debit Card is a debit card connected to your Venmo balance. There is no line of credit offered with the Venmo Debit Card.
TheVenmo CreditCard is aVisa® credit cardissued by Synchrony Bank.You cansplit Venmo Credit Card transactions with friendson Venmoandusethe money inyour Venmoaccountto make paymentstowards your bill.
The Venmo Credit Card and the Venmo Debit Card also have unique rewards programs specific toeachcard.
Learn more about the Venmo Debit Card.
What are the benefits and rewards for the Venmo Credit Card?
With the Venmo Credit Card, you can easily split purchaseswith friends on Venmoin the Venmo app,earn cash back*rewards on your purchases*,and pay your bill using the money in your Venmo account.
The front of the cardis printed with your personal Venmo QRcode whichmakes activation a snap. Your friends can also scan the code to find your Venmo profile. Features like contactless payments and the ability to request a new virtual card number make the Venmo Credit Card even more useful. Better yet, there’s no annual fee**for the Venmo Credit Card.
Tell me about Venmo Credit CardRewards
The Venmo Credit Card earns cash back rewards on your eligible purchases*. During each statement period,you will:
- Earn 3% on your top spend category
- Earn 2% on your second top spend category
- Earn 1% on all other eligible purchases and on Venmo person-to-person transactions
Your cash back rewardswill be automatically added to your Venmo account at the end of each statement period. Learn more about the Venmo Credit Card Rewards program.
How do I manage my Venmo Credit Card notifications?
To adjust your Venmo Credit Card notification settings:
- Go to the Venmo Credit Card section of the Cards tab
- Tap Venmo Credit Card notifications
There, you can customize your push notifications and some email notifications for the Venmo Credit Card.
Where can I use the Venmo Credit Card?
You can use your Venmo Credit CardeverywhereVisa credit cards are acceptedworldwide, including within the Venmo app. The card is automatically added as a payment method in your Venmo app for payments to friends and authorized merchants.
I have more questions about the Venmo Credit Card. Who can I contact?
For additional inquiries about the Venmo Credit Card, please call Synchrony Bank at855-878-6462. Agents are available 24 hours a day.
*See Venmo Credit Card Rewards Program Terms. Use of cash back is subject to the terms of the Venmo User Agreement
** See Terms & Rates
The Venmo Mastercard Debit Card is issued by The Bancorp Bank pursuant to license by Mastercard International Incorporated. The Bancorp Bank; Member FDIC. The Venmo Debit Card may be used everywhere Mastercard is accepted in the U.S. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
The Venmo Credit Card is issued by Synchrony Bank pursuant to a license from Visa USA Inc. VISA is a registered trademark of Visa International Service Association and used under license.
FAQs
Can I use my Venmo Credit Card to make payments to other Venmo users? Your Venmo Credit Card is automatically added as a payment method on Venmo. That means you can use your card to make payments to friends and authorized merchants using the Venmo app.
How does the Venmo credit card work? ›
The Venmo Credit Card is a Visa® credit card issued by Synchrony Bank. You can split Venmo Credit Card transactions with friends on Venmo and use the money in your Venmo account to make payments towards your bill. The Venmo Credit Card and the Venmo Debit Card also have unique rewards programs specific to each card.
Why won't my Venmo credit card work? ›
A few common reasons for payments failing on Venmo are: Your bank or card issuer is declining the transaction (outside of Venmo) The payment attempt has triggered one of Venmo's automated security flags.
Does using a credit card on Venmo count as a cash advance? ›
Using your credit card to send money through a money transfer app like Venmo, Paypal and Cash App may be considered a cash advance by your card issuer. Because you're essentially using your credit card to transfer money, it's very similar to withdrawing cash.
Does Venmo charge a fee to pay someone with a credit card? ›
Venmo is free to use for its original function, which was to send and receive money to and from friends and associates. It's also free to use to pay participating merchants. However, if you use a linked credit card to pay anyone, you will be charged a 3% fee.
Can you transfer money from your Venmo credit card to your checking account? ›
You can transfer money from your Venmo account to your bank account instantly if you're willing to pay a 1.75 percent fee to do so (with an $0.25 minimum and a $25 maximum).
What is the limit on a Venmo credit card? ›
The starting credit limit for the Venmo Credit Card is $250 or more; everyone who gets approved for this card is guaranteed this limit. However, depending on your credit standing, you could get a much higher credit limit.
What is the $200 bonus on Venmo credit card? ›
You'll get a higher 2% cash back rate on all purchases and you can earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months. Plus, there's a 0% intro APR for 12 months from account opening on purchases and balance transfers. After that, a 20.24%, 25.24%, or 29.99% Variable APR applies.
How to withdraw money from Venmo credit card? ›
You can get a Venmo Credit Card cash advance at any ATM that accepts Visa credit cards. To do so, insert the card in the ATM, then enter your PIN and choose the cash advance option. After that, input the amount, and collect the cash and your card.
Why does my credit card keep getting declined on Venmo? ›
Why does Venmo continue to decline my payment? The main reason a Venmo account will continue to decline is because of app glitches, unstable internet connection, improper banking information, incorrect personal information, or suspicious activity on your account.
Thus, you can spend no more than $2,999.99 per purchase and no more than $3,000 on purchases for one day (with an overall weekly purchase threshold of $7,000). Venmo transfer limit per day for ATM cash withdrawals is $1,000.
How do I add money to Venmo from my credit card? ›
So, here's how to send money to Venmo from a bank account or card:
- Open the app and click the “Me” tab;
- Find the “Wallet” and select the “Manage Balance” option;
- Click “Add Money”;
- Select the linked bank account or bank card that you want to fund your Venmo from;
- Enter the amount and click “Add”.
There will be a fee if you transfer money to your bank account with an Instant Transfer. If you choose an Instant Transfer, Venmo charges one percent (with a minimum fee of 25 cents and a maximum of $10). Standard bank withdrawals, which take 1-3 business days, are always free.
How to avoid Venmo credit card fee? ›
The 3% fee Venmo charges on payments sent via credit card doesn't apply to debit cards. So, if you're sending money to a friend or family member or a business that doesn't cover the transaction fee, you're better off using a debit card instead of a credit card.
How does Venmo work with a credit card? ›
Payments funded by credit cards are subject to our standard 3% fee. However, making purchases from authorized merchants does not incur a Venmo transaction fee, even if you use a credit card.
Can you send money to yourself with Venmo credit card? ›
While Venmo does not allow users to directly send money to themselves, there are a few workarounds to you can venmo transfer money yourself such as: Use a second Venmo account, use a bank transfer, use a Venmo debit card, and use a third-party service.
Can I pay someone with my credit card? ›
Sending money with a credit card can be convenient, but it typically comes with fees and higher-than-usual interest rates that can add up for big transactions. Apps like Cash App, PayPal and Venmo allow you to send money through their platforms with a credit card, while Apple Cash, Google Pay and Zelle don't.
How do I make a payment on my Venmo credit card? ›
How can I make a payment toward my Venmo Credit Card bill? The easiest way to pay your Venmo Credit Card bill is to make the payment from your Venmo app: Go to the Venmo Credit Card section of the Venmo app. Click View and Pay.
Can you use money in your Venmo to pay someone else? ›
Tap the “V” in the bottom middle of the app to make a payment. Enter the user, amount, a note and then hit “Pay.” It should come up automatically if you have enough in your Venmo balance to cover the payment. Venmo only allows you to pay from your bank if your balance doesn't cover the transaction.
