Deal has ended, view more Venmo deals by clicking here.
Update 9/9/22: More targeted now for double cashback for 6 months. Offer valid through 9/30/22. (ht greenzoolu2)
Update 7/11/22: This offer isn’t available publicly anymore, but some people are getting targeted emails with this offer. (ht Shingo)
Update 10/16/21: They’ve removed the $10,000 cap now. Updated below.
Update 8/9/21: Can now sign up by August 15th. Hat tip to veeRob
Update 6/9/21: added a direct link below. Also added $10,000 category limit, below.
The Offer
- Apply for the Venmo credit card by July 31st and get double rewards through December 31st.
You’ll end up getting 6% on your top category, 4% on your second top category, and 2% everywhere else.
Card Details
- No annual fee
- No sign up bonus
- Card typically earns at the following rates:
- 3% cash back on your Top Spend category
- 2% cash back on your Second Top Spend category
- 1% cash back on all other purchases
- The following categories are eligible for ‘Top Spend’: Dining & Nightlife, Travel, Bills & Utilities, Health & Beauty, Grocery, Gas, Transportation, Entertainment
Our Verdict
Lots of people are seeing this offer – not sure if it’s showing for everyone in the Venmo app or it’s targeted to select users via email. The 2% everywhere isn’t very exciting, but 6% and 4% could be interesting, e.g. if you spend a lot on restaurants or grocery stores you can get 6% on that top category with no limit for almost 7 months with no apparent limit.
As noted in the card details, only the following categories are eligible to get the Top Category rate: Dining & Nightlife, Travel, Bills & Utilities, Health & Beauty, Grocery, Gas, Transportation, Entertainment.
