Venmo Credit Card (Visa)
No-Fee Cash Back Card with Dynamic Categories
Annual Fee
$0
Earning Rate
3% on your top spend category each statement period • 2% on your second-highest category • 1% on everything else
Welcome Bonus
No standard welcome bonus at this time
Card Material
Plastic card with matte finish • Five colorways with printed personal QR code
Practical Recommendation
If your spending moves around, this is an easy $0-fee way to have 3% automatically land where you spend most each month. Rewards post to your Venmo balance and can be used to pay the bill, transfer to bank, or (optionally) auto-buy crypto.
Heads-up: person-to-person payments on Venmo earn only 1% and typically incur a 3% Venmo fee—so do not use this card for sending friends money. Bottom line: great "set-and-forget" 3%/2% card for variable budgets.
Perks
- Earning rates (detailed) – 3% on your top monthly category, 2% on your next, 1% on everything else; categories auto-adjust based on where you spent the most. No activation, no caps listed by Venmo. Cash back drops into your Venmo balance after each statement.
- Eligible 3%/2% categories (8 total) – dining & nightlife, groceries, gas, bills & utilities, health & beauty, entertainment, transportation, travel.
- Redemption options – Use cash back in your Venmo balance to: pay the Venmo Credit Card, send to friends, pay merchants that accept Venmo, or transfer to your bank. Optional "Cash Back to Crypto" auto-purchase has no extra transaction fee but includes a spread.
- No foreign transaction fees – Helpful for travel; foreign purchases have a 0% issuer fee.
- QR code on the card + virtual card – The physical card has your personal Venmo QR code for activation and sharing; a virtual card number is available in-app for online use before the physical card arrives.
- Important gotcha – Paying friends via Venmo with a credit card usually triggers Venmo's 3% fee even though it earns only 1% rewards. That math loses.
Protections
- Visa protections (issuer-provided; see your Guide to Benefits) – Includes Visa Zero Liability, Auto Rental Collision Damage Waiver (generally secondary in the U.S.), Purchase Security, and Extended Warranty; exact terms vary by issuer.