[Expired] Venmo Users Can Get $10 Bonus For Creating New Paypal Account

The Offer

Direct Link to offer

  • Venmo users who sign up for PayPal and add a payment method by November 30th, 2020 will get $10 into the new account with PayPal within 72 hours.

Here’s how to go about doing this deal:

  • Sign up for PayPal using the same email address you use for Venmo and add a payment method.
  • Upon receipt, use your $10 to shop anywhere PayPal is accepted or donate to support a charity with the PayPal Giving Fund.
  • This offer is only available for new PayPal users. If you’ve previously opened an account with PayPal, you are not eligible.

The Fine Print

  • Limited to the first 200,000 to redeem the offer.
  • Be sure to click the button above and use the same email address you use for Venmo. 
  • Eligible Participant: Open only to individuals who; (1) are residents of any one (1) of the fifty (50) United States or the District of Columbia, (2) are eighteen (18) years of age or older, (3) have an existing U.S. Venmo account in good standing, (4) create a U.S. PayPal account (including PayPal, PayPal Cash or PayPal Cash Plus) or business PayPal account (“Valid Account”) during the Offer Period (defined below), and (5) receive an authorized email inviting participation in the offer (“Invitation”) (eligibility for/those who receive the Rewards will be determined solely by Venmo) (“Eligible Participant”).
  • Offer Period: Starts the date the Eligible Participant receives the Invitation and ends on November 30, 2020 at 11:59:59 p.m. PT (“Offer Period”).
  • How it works: To qualify for the reward, Eligible Participants must complete the following during the Offer Period: 1) click through the Invitation link, 2) sign up for a new account with PayPal using the same email they use for Venmo and 3) during or after sign up, add a payment method to their new account (“Qualifying Transaction”). After completing the Qualifying Transactions, $10 USD cash will be sent to your Valid Account for you to use (“Reward”). The Reward will be added to your Valid Account within 4 days of completing the Qualifying Transaction. If a Qualifying Transaction does not complete or is not recorded by PayPal’s servers during the Offer Period, for any reason, that Qualifying Transaction will not qualify for the Reward. There are only 200,000 Rewards available during the Offer Period; Rewards will no longer be available once the limit is reached. There is a limit of one (1) Reward per Venmo account.

Our Verdict

This seems to be a public offer for any Venmo user who does not yet have a Paypal account. Easy $10.

Hat tip to reader Proton

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9 Comments
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Dan
Dan (@guest_1092235)
November 16, 2020 17:43

Fuck PayPal. Fuck Venmo. and Fuck everything that fucktard does.

bob
bob (@guest_1092251)
November 16, 2020 18:08

who?

ieatdogfood
ieatdogfood (@guest_1092395)
November 16, 2020 21:33

PayPal went from zero to hero this year.

AndreRamirez
AndreRamirez (@guest_1092180)
November 16, 2020 16:45

Easier to find a leprechaun than a person without a PayPal account these days

HarryTheFirstHarry
HarryTheFirstHarry (@guest_1092146)
November 16, 2020 16:07

Wish it was the other way around as well….without that it looks like Venmo will be folded into Paypal.

GoPack
GoPack (@guest_1092168)
November 16, 2020 16:35

I think it’d be a big mistake for Paypal to get rid of Venmo and the “Venmo” name entirely.
“I’ll Venmo you” has become a common phrase among my peers, throwing that away would be a bad business decision IMO, even if it is technically the same thing.

bob
bob (@guest_1092252)
November 16, 2020 18:09

i hope not. i use venmo to meet the debit requirement on a high-yield checking account. paypal is harder to use, iME…

Bob
Bob (@guest_1092253)
November 16, 2020 18:19

Venmo is absolutely not being folded into Paypal. Zero chance it happens. Quite the opposite actually. Venmo and Paypal are targeting completely different things.

Paypal is a buyer-seller platform. (Buy and sell between strangers, half-assed buyer-seller protections). Venmo is a social P2P payment platform (send money to people you know personally, zero protections). That’s deliberate and it’s what they are marketed as. They just happen to have some overlapping features like in Paypal you can send money to a friend.

Venmo just launched a credit card. They are expanding, not preparing to fold into Paypal.

ieatdogfood
ieatdogfood (@guest_1092398)
November 16, 2020 21:36

Venmo = Instagram = Virgins
PayPal = Facebook = Grandparents

Wonder what will be the next TikyTok? PayMo.