Posted by William Charles on April 19, 2019
Credit Cards

Published on April 19th, 2019 | by William Charles

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Venmo To Launch Credit Card

Digital payment company Venmo is gearing up to launch a co-branded credit card, it’s expected that they will partner with Synchrony for this deal (Venmo is owned by PayPal and Synchrony also issues the PayPal Extras Mastercard to this makes sense). At this stage it’s not clear what sort of benefits or rewards program will be offered on a Venmo card. Venmo is hoping the launch of this card will help them reach profitability, although that is a lofty goal with expected losses of $400 million for 2019.



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edwin
edwin

can you stack travel credit with an offer on your account?? i have a delta airways 200 dollars off 1k if i spend 1200 can i get the travel credit and the amex offer that i added to my account

Eric
Eric

Yes.

Vic
Vic

Please let it be the backup funding source of the Venmo debit and trigger 3x. I miss that game, damn.

Blake
Blake

Realistically, I really want another 2% card to enter the game.

cowsareverywhere
cowsareverywhere

Why?

Vic
Vic

Just mumbling about the death of an old method.

GL
GL

Fee free Venmo transfers using their credit card to friends will be an amazing benefit 😉

david190810
david190810

An amazing dream

Jay
Jay

Venmo is FRAUD central….. not touching anything to do with VENMO again… lost $4000 receiving a payment with them…that was cleared and then taken back 4 days later.

Jay
Jay

Reaching Venmo customer service is worse than getting a root canal…their frontline customer service phone does not even provide the most basic information…referring you to email…which takes 24-48 hrs for a basic response and even then is impossible to get any information out of.

Snorlax
Snorlax

Never accept venmo as payment for anything.

bax
bax

Paypal/Venmo should be nuked from the orbit. They hide fraudulent buyer chargebacks from you, suddenly freeze your account, merely as precursor to permanently deactivating it, just so they could seize whatever remaining balance you haven’t gotten to withdraw to your bank account, in order to recover their losses from fraudulent chargebacks filed by scamming buyers, because, you know, you agreed to it, per their ToS and EUA.

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