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
Annual Fee
$0
0% on Purchases
Reward Rate
1% to 3%
0% on Balance Transfers
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 | 19.49% to 28.49% (V) APR |
Pros & Cons
- No annual fee
- No foreign transaction fee
- No welcome bonus
- High APR
What Are the Best Alternatives?
Wells Fargo Active Cash® Card
Rating
4.9
Rewards Range
2%
Annual Fee
$0
Citi Custom Cash® Card
Rating
4.7
Rewards Range
1% - 5%
Annual Fee
$0
Chase Freedom Flex(SM)
Rating
4.7
Rewards Range
1% - 5%
Annual Fee
$0