Venmo App: $5 Sign-Up Bonus + $5 Referral Rewards

The Venmo App lets you pay friends and businesses, get paid by anyone, shop online and in stores, split bills, and share money easily.

Plus, the Venmo Refer-A-Friend Program is currently offering new users a $5 sign-up bonus when you send $5 to anyone using the Venmo App, and current users will receive a $5 bonus for each new user that you refer who completes the qualifications (referral participation may be targeted to select users).

Exchange Venmo Referrals: Please feel free to exchange your contact information in the below comments, so that you can share Venmo referrals with other readers.

About Venmo App

It’s free to sign up for a Venmo account with no monthly fees, plus it’s free to send or receive money using your Venmo account balance or bank account.

While Venmo does not charge for sending money from a linked bank account, debit card, or your Venmo account, there is a 3% fee for sending money using a linked credit card.

There is no fee to move money between Venmo and your bank account in 1-3 business days, although there is a 1% fee ($10 maximum) if you want to make instant transfers.

You can even get the Venmo Debit Card to go shopping everywhere Mastercard is accepted in the U.S.A.

Venmo App $5 Sign-Up Bonus via Referrals

1. To qualify for the $5 bonus, you must join Venmo through a current user’s bonus referral link.

2. To get a $5 Venmo referral link, please feel free to exchange your contact information to share Venmo referrals in the below comments.

3. Click through the Venmo referral link and sign up for a new Venmo account.

4. Add your bank-issued debit card to verify your new Venmo account.

5. Send at least $5 to another user using the Venmo App within 14 days of the referral link creation (the $5 must be funded by a bank account or card).

6. Receive a $5 bonus credit directly from Venmo.

Venmo Refer-A-Friend Bonuses

To earn bonuses for referring your friends to Venmo, you must be targeted for this promotion by Venmo, and they will notify you directly if you are eligible.

If you are targeted, you can share Venmo with friends by giving them a $5 cash bonus reward, and once your friends send money using Venmo, you will also earn a $5 cash bonus reward.

In order to qualify, your referrals must make a $5 minimum payment to another user funded by a bank account or card within 14 days of the referral link creation.

Through the Venmo P2P Referrals promotion, you can earn up to 10 $5 bonuses for a maximum of $50 in total referral bonuses.

The Venmo referral bonus varies, and while it currently provides a $5 bonus to both parties, it has been a $1 bonus in the past as well.

You can view the Venmo Referral FAQs for the latest details on the Venmo “Give $5, Get $5” Referral Program.

If you are targeted for the Venmo referral bonus promotion, please feel free to share your Venmo referral links in the below comments.

You can also try Cash App Referrals and PayPal Referrals to earn a cash bonus for sending money to friends.