Venmo Credit Card
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The Venmo Credit Card is a Visa card, issued by Synchrony Bank. It might be best for students and others who already use the Venmo app (you need a Venmo account to apply). The rewards structure is simple, you earn rewards on the eligible categories you spend the most on. The card also comes with a QR code that friends can scan to swap money back and forth. This is especially handy if you’re splitting the bill at a restaurant. You can redeem your cash back rewards to your Venmo account, transfer them to your bank account, or use them to buy crypto. We dive into the details and your approval odds in this Venmo Card review.
Our Rating
4.2/5.0
Welcome Offer
None
Annual Fee
$0
0% on Purchases
None
Reward Rate
1% to 3%
0% on Balance Transfers
None
Welcome Offer
None
Features & Benefits
| Security | Zero Liability, Virtual Card Numbers, Card Lock |
| Contactless Payments | Tap to Pay, Apple Pay, Google Pay, Samsung Pay |
| Benefits | 24/7 customer service |
| Travel Perks | Emergency Travel Assistance, Roadside Assistance |
Rewards
Interest Rates & Fees
| Annual Fee | $0 |
| Foreign Transaction Fee | None |
| Regular APR | 20.49% to 29.49% (V) APR |
What Credit Score Is Required to Get the Venmo Credit Card
The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use numerous factors in their underwriting process, and these factors can change at any time.
Lowest Approved Credit Score: 650
Average Approved Credit Score: 701
| App Status | Date | Credit Score | Bureau | Credit Limit |
|---|---|---|---|---|
| Approved | 06/17/2022 | Equifax | ||
| Approved | 06/17/2022 | Experian | ||
| Approved | 01/08/2022 | Equifax | ||
| Approved | 01/08/2022 | TransUnion | ||
| Approved | 01/08/2022 | Experian | ||
| Approved | 04/25/2022 | Experian | ||
| Approved | 04/25/2022 | Equifax | ||
| Approved | 07/03/2022 | TransUnion | ||
| Approved | 06/12/2023 | TransUnion | ||
| Approved | 06/12/2023 | Experian | ||
| Approved | 06/12/2023 | Equifax | ||
| Approved | 06/17/2023 | TransUnion | ||
| Approved | 06/17/2023 | Experian | ||
| Approved | 06/17/2023 | Equifax | ||
| Approved | 06/01/2023 | Not Provided | ||
| Approved | 01/28/2024 | TransUnion | ||
| Approved | 04/25/2022 | TransUnion | ||
| Approved | 07/03/2022 | Equifax | ||
| Approved | 07/03/2022 | Experian | ||
| Denied | 06/10/2021 | TransUnion | ||
| Denied | 06/10/2021 | Equifax | ||
| Denied | 08/04/2023 | Experian |
Pros & Cons
- No annual fee
- No foreign transaction fee
- No welcome bonus
- High APR
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