Info about Venmo Credit Card has been collected by WalletHub to help consumers better compare cards. The financial institution did not provide the details.
Rewards%APR32Reviews5Q&AContact
RewardsAPRWalletHub ReviewQ&ACustomer Reviews
Accepted Credit Scores
Accepted Credit Scores
Excellent Credit, Good Credit
Annual Fee
$0
Rewards
Automatically earn 3% cash back on your top spend category and 2% on your second.
Eligible categories for earning 3% & 2% back in rewards: transportation, travel, groceries, entertainment, dining & nightlife, bills & utilities, healthy & beauty, gas.
Can't find what you are looking for? Submit your question about Venmo Credit Card to our community. Editorial and user-generated content is not provided, reviewed or endorsed by the issuer of this 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. The higher your credit score and income are, the higher your starting credit limit is likely to be.
Keep in mind that you can ask to get a credit limit increase by calling (855) 878-6462 or the number you see on the back of your card. But it's best not to do that more than once a year. The issuer will also evaluate your account periodically to determine whether you are eligible for a credit limit increase. Paying on time and keeping your credit utilization low are key for getting unsolicited credit line increases.
You can get a Venmo Credit Card cash advance at an ATM. 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.
The cash advance limit for the Venmo Credit Card is up to 10% of your credit limit, according to customer service. So, the exact amount of cash that can be withdrawn from this card is different for each account.
The Venmo Credit Card reports to the credit bureaus 30 days after your monthly billing period ends. For example, if the billing cycle closes on May 15th, the report will be made on June 14th. The Venmo Credit Card reports the card's credit limit, account balance, payment history, and more...
You can transfer money from your bank account to someone else's Venmo card via an ACH transfer. You will need the routing and account numbers for the recipient's card.
Share your insights and review the Venmo Credit Card
5
69%
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6%
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4.0
16 reviews
16 reviews
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Brandon @Flasher182
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1 Star Rating
They can hold your payment and freeze your available credit with in the first 6 months of opening your card. Also they will not notify you that they did this.
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nate_rnldesigns @nate_rnldesigns
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2 Star Rating
Riddled with issues: 3mo to get my first card to the correct address - twice botched internally. 2. App shows purchase transactions within a day but no returns/refunds until statement end. Not only transactions list, but in available credit balance. 3. 50% of payments total held for weeks plural (no returned payments, major bank), significantly throttling use of card/rewards. 4. Non-receipt of merchandise dispute ended not in my favor sighting "determined to be an authorized charge" (It was a non-reciept of merchandise dispute...). I received a magazine-thick reasoning packet containing *solely* what appeared to be many other people's countless transactions/locations - not one of them my transaction. What a cluster**** this venmo/synchrony bank venture has been for me...
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sdwhite33 @sdwhite33
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5 Star Rating
Verified Customer
One of the best credit cards I have ever owned. The rewards are great and customer service is top tier. I highly recommend this card!
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jeballc @jeballc
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5 Star Rating
Verified Customer
Perfect card. Easy to use. Easy to deal with customer service. Nothing bad to say. Venmo has been a big help for my personal and business life.
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Justin @mckchad27
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5 Star Rating
Verified Customer
This is a great card, easy no hassle billing and rewards. The rewards just go straight into your Venmo account. The billing works the same way, you can pay it out of your Venmo account or the account linked to your Venmo.
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John Hill @jhill1240
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1 Star Rating
User beware! They ran a great promotion where they double your Rewards. However, if they don't like the way you use the card, they will cancel for no logical reason. Once they do that they will not pay Rewards. I used the card at the end of the promotion to prepay utility bills for my business. Because of the credit limit, I had to make four charges of approximately $5,000 each to the utility company. As I made each charge, I paid the credit card within 2 or 3 days so I can make the next charge. Because of this, they cancelled my account due to what they said was a high risk of not paying. Makes absolutely no sense on their reason for canceling as I paid everything I charged. They just wanted to get out of paying me $1,169.38 that I earned on rewards that month. They have yet to pay it. I was planning to continue to use this card for my business even after the promotion. They would have reaped the benefits significantly. Instead, I will go back to Chase card for all my business transactions. I put the blame on Synchrony Bank and Venmo for allowing this to happen. Beware if you deal with either of them.
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Tristan Johnson @Mr.DoRight
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5 Star Rating
Love this card!...Great for families! Eating out gas,groceries traveling etc. cash back cash back cash back!........
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William @williamdesign1
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5 Star Rating
Verified Customer
This is one of my favorite go-to cards. I have a lot of credit on it, and the cash back incentives are very rewarding. APR is lower than other cards that I have. Excellent credit card!
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annapittagarza4 @annapittagarza4
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5 Star Rating
Verified Customer
I have had my Venmo credit card for about 6 months and pay ? off balance owed every month ? it’s a great card for our family ! I was approved for $5000 LOVE VENMO ❤️
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HILDA @hildam_2
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5 Star Rating
Verified Customer
Venmo Credit Card is a Great card. Easy to use. The customer service is very helpful. i love the notes everyone leaves to say thank you.
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