
Venmo 5 cash back is a game-changer for anyone who uses the app regularly. You can earn 5% cash back on your everyday purchases, including groceries, gas, and dining out.
To get started, you need to link a debit or credit card to your Venmo account, which is a simple process that takes just a few minutes. This allows you to earn cash back on your purchases, which can be redeemed for real money.
With Venmo 5 cash back, you can earn up to $200 in cash back per year, which is a significant amount of money. This can add up quickly, especially if you use your Venmo account frequently.
Enrolling in Credit Card Rewards
You'll automatically earn cash back on all eligible purchases with Venmo Credit Card Rewards once you're approved for the card. There's no need to opt in.
To be eligible for the cash back offer, you must be a Venmo cardholder and have received an invitation via email, app, or notification.
Venmo Credit Card Rewards don't require any additional setup, so you can start earning cash back right away.
The cash back rewards are available on all eligible purchases, but you can also sign up for Cash Back to Crypto from your Venmo account for the Venmo Credit Card.
Other Reward Settings
You'll automatically earn cash back on all eligible purchases with Venmo Credit Card Rewards once you're approved for the Venmo Credit Card.
There's no need to opt in, as you'll be automatically enrolled in cash back rewards.
You may be able to sign up for Cash Back to Crypto from your Venmo account for the Venmo Credit Card.
Venmo Offers Rewards
You can earn cash back on all eligible purchases with Venmo Credit Card Rewards, no need to opt in.
To be eligible for the 5% cash back offer on purchases at select retailers, you must be a Venmo cardholder and have received an invitation via email, app, or notification.
New Yorkers with a Venmo card can earn cash back on subway fares from June through July in partnership with Mastercard's Fareback Fridays.
Cash Back to Crypto is an option you may be able to sign up for from your Venmo account for the Venmo Credit Card, learn more about it.
Venmo offers welcome bonuses starting at $10, and has introduced cash back on purchases at select retailers, including CVS, Chipotle, Trader Joe's, and 7-Eleven.
Rewards Expiration
Venmo's 5% cash back offer on purchases at CVS, Chipotle, Trader Joe's, and 7-Eleven is only valid until the end of June.
To be eligible for this offer, you must be a Venmo cardholder and have received an invitation via email, app, or notification.
The cash back offer on subway fares in New York is also time-sensitive, only available from June through July in partnership with Mastercard's Fareback Fridays.
Venmo's rewards program doesn't require any opt-ins, difficult redemptions, or gotchas, making it easy to earn and enjoy the benefits from the start.
The Venmo debit card, which launched last year, allows users to spend money as soon as it hits their Venmo balance, eliminating the need to wait 2-3 days for transactions to hit their bank account.
Consider reading: What Doeswells Fargo Cash Back Credit Offer
Frequently Asked Questions
Is 5% cash back good?
5% cash back is a straightforward and stress-free way to earn rewards, offering a guaranteed value without limitations
Sources
- https://www.theverge.com/2019/10/29/20937189/venmo-rewards-program-cash-back-physical-debit-card-target-sephora-wendys-dunkin
- https://help.venmo.com/hc/en-us/articles/360048703173-Venmo-Credit-Card-Rewards-Program
- https://www.pymnts.com/news/payment-methods/2019/venmo-card-offers-cash-back-rewards/
- https://thepointsguy.com/news/venmo-dabbles-in-rewards-by-offering-cash-back-with-debit-card/
- https://www.retaildive.com/news/venmo-kicks-off-rewards-program-with-offers-at-target-sephora/566158/
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