Venmo has sent out an e-mail to Synchrony Venmo cardholders informing them that there is no longer a $10,000 limit on spend on the 3% & 2% categories. The card has the following structure:
- No annual fee
- No sign up bonus
- Card 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
That makes this card significantly more interesting. I think some sort of cap will be readded if I’m perfectly honestly.
Hat tip to reader fearthez
