Get the Venmo Credit Card to earn 3% cash back on your top spending category, 2% on your second top category, and 1% on the rest of your spending and on peer-to-peer transactions with no annual fee, plus you can opt to use your cash back earnings to automatically purchase your favorite cryptos at the end of every month with no crypto transaction fees.
For a limited time when you apply through September 30, 2021, you can earn a $100 cash back bonus after you spend $1,000 on your Venmo Credit Card in the first 6 months of account opening.
If you are already a Venmo App user, the Venmo Credit Card seamlessly integrates with the app, so that you can keep track of your card activity along with your Venmo spending and crypto purchases.
About Venmo Credit Card
Available in multiple colors, the Venmo Credit Card comes with your own unique QR code on the front, so that when your friends scan your code, your Venmo profile instantly pops up to pay or get paid.
When you use your Venmo Credit Card to pay for purchases, you can split the cost with friends by choosing to apply payments from your friends to your Venmo account or directly to your credit card bill.
You can also use the Venmo Credit Card to shop online everywhere Visa is accepted, and your virtual card details will be available in the app even before your physical card arrives.
Venmo Credit Card $100 Bonus
To get a $100 bonus, apply via this Venmo Credit Card $100 Promotional Link and spend $1,000 within your first 6 months of account opening.
In order to be eligible for the $100 cash back bonus, you must apply for the Venmo Credit Card through September 30, 2021.
Venmo Credit Card up to 3% Cash Back
With the Venmo Credit Card rewards program, you’ll automatically earn cash back on all of your eligible purchases, which are maximized for what you spend the most on during each statement period.
You’ll earn 3% on your eligible top spend category, and 2% on your second eligible top spend category.
The 3% and 2% earnings are applied to eligible purchases in the following categories (up to $10,000 annual spend limit): Dining and Nightlife, Travel, Bills and Utilities, Health and Beauty, Grocery, Gas, Transportation, and Entertainment.
You’ll also earn 1% once you exceed the annual spend limit of $10,000 in your combined 3% and 2% spend categories (beginning the first statement period following your anniversary date).
In addition, you’ll earn 1% on all other eligible purchases and on peer-to-peer transactions when you use your Venmo Credit Card to send money to other Venmo users through your Venmo account.
All of the cash rewards that you earn will automatically be transferred to your Venmo balance at the end of each statement period, and it can be used to make payments, make purchases, pay your credit card bill, send money to other Venmo users, or transferred to your bank account or debit card linked to your Venmo account like any other Venmo balance.
Venmo Cash Back to Purchase Crypto
If you choose, you can use the cash back earned from your Venmo Credit Card purchases to automatically purchase crypto from your Venmo account with no crypto transaction fees.
You can choose from 4 cryptocurrencies to auto-purchase, including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
Once your cash back is added to your Venmo balance, those funds will be used to automatically purchase your selected cryptocurrencies.
You can choose to hold or sell the crypto within the Venmo app at any time, and you can turn the auto-purchase feature on or off at any time via the Venmo app, or even change the crypto that you would like to purchase that month.
If you use the Venmo App, get the Venmo Credit Card to unlock additional features and earn cash back rewards that can be used to automatically purchase crypto.