The Points Guy believes that credit cards can transform lives, helping you leverage everyday spending for cash back or travel experiences that might otherwise be out of reach. That's why we publish a variety of editorial content and card comparisons: to help you find a great card to turn your goals into reality.
Our site may earn compensation when a customer clicks on a link, when an application is approved, or when an account is opened with our partners, and this may impact how or where these products appear. While we don't cover all available credit cards, our editorial team creates and maintains all of the analysis of these cards, and our content is not influenced nor subject to review by any credit card company, bank or partner prior to (or after) publication. Please view our advertising policy and product review methodology for more information.
Advertiser disclosure
The Points Guy believes that credit cards can transform lives, helping you leverage everyday spending for cash back or travel experiences that might otherwise be out of reach. That's why we publish a variety of editorial content and card comparisons: to help you find a great card to turn your goals into reality.
Our site may earn compensation when a customer clicks on a link, when an application is approved, or when an account is opened with our partners, and this may impact how or where these products appear. While we don't cover all available credit cards, our editorial team creates and maintains all of the analysis of these cards, and our content is not influenced nor subject to review by any credit card company, bank or partner prior to (or after) publication. Please view our advertising policy and product review methodology for more information.
Reviews
Venmo Credit Card review: Bonus cash back for fans of Venmo
Ryan is a former TPG credit cards writer who has been around points and miles for several years and has published content at Miles to Memories, AwardWallet and The Points Guy. His wife joins him on many of his trips, and they enjoy snowboarding, diving, and seeing animals in the wild. When not traveling, Ryan is probably answering questions from his family about how he travels so much and whether this points & miles stuff is illegal.
When Ryan worked as a TPG credit cards writer, he oversaw refreshes of card reviews and card offer stories. He enjoyed racking up cash back and helping readers maximize their points and miles for their next big trip.
also contributed to this story
February 10, 2025 • 8 min read
TOM WERNER/GETTY IMAGES
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don't cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information.
Editorial note: This is a recurring post, regularly updated with new information and offers.
Quick summary
A payment-system-linked card offers seamless integration with its app and adapts bonus categories to match your spending habits automatically.
It provides uncomplicated cash-back rewards, with no annual fee and flexible redemption options including cryptocurrency purchases.
The card stands out for including less common bonus categories, such as utilities and wholesale clubs, and features like a personal QR code for easy payments.
While it offers simplicity and integration, it lacks premium perks like travel credits or insurance protections.
What to consider
Welcome bonuses are not consistently available and may vary based on targeted offers in your app.
Cash-back rewards are not earned on electronic funds transfers, money transfers or wire transfers.
Redemption options include adding rewards to your app balance, purchasing select cryptocurrencies or transferring to a bank account at a fixed value.
What you'll miss from the article
A detailed comparison of how this product stacks up against similar cash-back cards and which user profiles benefit most from its unique features.
Generated by AI with support from our editorial team.
Editorial disclaimer: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
The Venmo Credit Card offers a seamless connection with your Venmo account and has no annual fee. Plus it adapts to your spending habits automatically with its bonus categories. Those looking for uncomplicated cash back without frills will enjoy this card. Card rating*: ⭐⭐⭐
*Card rating is based on the opinion of TPG’s editors and is not influenced by the card issuer.
The Venmo Credit Card is issued by Synchrony Bank, is available in five colors and bears the name of the popular peer-to-peer payment system. However, the card is more than just the name it bears, offering a quality earning structure and a choice of redemption options that will please many people.
It has no annual fee and a recommended credit score of 700.
Despite the uniqueness of choosing which color your card will be, the lack of an annual fee on the Venmo card also leads to a lack of perks you may be looking for in a credit card.
Does the Venmo card deserve a place in your wallet? Here's what you need to know to make that decision.
The information for the Venmo Credit Card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
Venmo Credit Card pros and cons
Pros
Cons
No annual fee
Bonus cash back on your top two eligible spending categories each billing cycle
Multiple color options to choose from
Limited benefits and redemption options
Venmo Credit Card welcome offer
The Venmo card occasionally offers welcome bonuses. However, a bonus isn't available all the time, changing the value attained when you apply for the card.
THE POINTS GUY
Your Venmo account may contain limited-time welcome offers, such as earning $150 or even $200 after meeting certain spending requirements. If you want to apply, we recommend waiting until a similar bonus is available.
The Venmo card can be issued as a Visa Traditional or Visa Signature card. Depending on the card type you receive, you'll enjoy benefits like emergency card replacement and emergency cash disbursement, a zero liability policy, Visa Signature Concierge, access to the Visa Luxury Hotel Collection and roadside dispatch.
FRESHSPLASH/GETTY IMAGES
The Venmo card has your personal QR code on it, so people can scan it and go straight to your Venmo profile to send you money. The card is also integrated with the Venmo app to track activity, and you can apply payments from friends directly to your credit card bill.
You also can access a virtual account number instantly after card approval, meaning you can use the card right away while waiting for it to come in the mail.
As a no-annual-fee card, don't expect perks like travel credits, lounge access or travel insurance. If you're looking for those benefits, consider a travel rewards credit card.
Getting a credit card that earns extra points or cash back in the categories where you spend money regularly is important. However, spending habits change.
What if you have to choose your preferred categories in advance, then a large bill comes up? Cards that adjust automatically to your spending habits — like the Venmo Credit Card — can be ideal for this scenario.
JUSTIN PAGET/GETTY IMAGES
You'll earn 3% cash back in your top eligible spending category each billing period, with the category adjusting automatically based on which of the following categories you use most:
Bills and utilities (including ongoing subscriptions, such as streaming)
You'll earn 2% back on your next-highest spending category and 1% back on other purchases.
There are no earning limits, which is a nice perk of this earning structure. However, you won't earn cash back when sending money via electronic funds transfers, money transfers or wire transfers.
Some of these categories, like utilities and wholesale clubs, are not common on consumer credit cards. That gives the Venmo card an edge over other comparable cash-back credit cards.
Redeeming cash back on the Venmo Credit Card
All rewards from the Venmo card will be added to your Venmo account balance within three days of a statement closing. You have two options for your earnings.
First, you can use the cash back in your Venmo balance to pay bills or send money to friends.
Alternatively, you can redeem your earnings to auto-purchase cryptocurrencies. Options include Bitcoin, Bitcoin Cash, Ethereum and Litecoin. Purchasing automatically has no cryptocurrency purchase transaction fee, unlike standard cryptocurrency purchases with Venmo.
WESEND61/GETTY IMAGES
Finally, you can redeem your cash-back rewards into a bank account.
Since your rewards are redeemed as cash, they have a flat-rate value of 1 cent. With fixed-rate rewards, you'll never wonder what your earnings are worth. This can be a strong part of your overall rewards strategy.
In addition to the Venmo Credit Card, there's the Venmo Debit Card, which can earn cash back from Venmo Offers powered by Dosh. However, if you're looking for a credit card, it's worth evaluating these alternatives to see if they're a better fit for you:
If you want a card from a payment app: The PayPal Cashback Mastercard® has no annual fee and offers 3% cash back on PayPal payments and 1.5% back on other purchases. Depending on your spending habits, you may come out ahead with this earning rate. To learn more, check out our full review of the PayPal Cashback Mastercard.
If you want a higher earning rate by choosing categories in advance: The U.S. Bank Cash+® Visa Signature® Card earns 5% cash back in two pre-chosen categories and 2% back on another category of your choice. However, you'll only earn 5% back on $2,000 of purchases each quarter across your two chosen categories. This card has no annual fee. To learn more, check out our full review of the U.S. Bank Cash+ Visa card.
If you want additional options for using your earnings: The (see rates and fees) earns 2% back on every purchase (1% when you buy, 1% when you pay). You can cash out your rewards or use them for travel. To learn more, check out our full review of the Citi Double Cash.
The information for the PayPal Mastercard and U.S. Bank Cash+ Visa has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
For fans of Venmo, this may be a great card since you'll earn cash back on categories that adapt to you. However, if you don't use the Venmo app often, needing to do so to use the Venmo Credit Card could be a big adjustment. The card also lacks insurance protections or feature benefits beyond its earning rates, which may be a deal breaker for some.
Bottom line
Earning extra cash back in categories that adjust to you (and doing so automatically) can be great, assuming this isn't done at the expense of your everyday purchases. If your purchases are varied, you may do better with a card that earns extra cash back across multiple categories or earns 2% back on every purchase.
However, if you use Venmo frequently and your spending habits are often skewed into one spending category, you could get good value from the Venmo Credit Card.
