Venmo Credit Card
Basic Information
Program ID: venmo-credit-card
Issuer: Synchrony
Card Type: Credit
Network: Visa
Card Tier: Standard
Data Complete: Yes
Created: 01/15/2026 11:34
Last Scraped: 01/15/2026 11:36
Fee Structure
| Annual Fee: | $0.00 |
| Year 1 Waived: | No |
| Effective Annual Fee: | $0.00 |
| Authorized User Fee: | $0.00 |
| Penalty APR: | 30.00% |
Additional Fees
| Late Fee: | $40.00 |
| Returned Payment: | $40.00 |
| Balance Transfer: | Either $10 or 3% of the amount of each transfer, whichever is greater. |
| Cash Advance: | Either $10 or 5% of the amount of each cash advance, whichever is greater. |
| Foreign Transaction: | 0.00% |
Interest Rates
Purchase APR Range: 2,124.00% - 2,924.00%
Intro Purchase APR: 0.00%
Intro APR Duration: 0 months
Balance Transfer APR: 0.00%
Intro BT APR: 0.00%
Intro BT Duration: 0 months
Cash Advance APR: 2,999.00%
Sign-Up Bonus
Bonus Amount: $0.00
Spending Requirement: $0.00
Time Period: 0 days
Bonus Timing: The Venmo Credit Card does not typically offer a traditional sign-up bonus (welcome offer) for new cardmembers. Its value is primarily derived from its dynamic cash back rewards structure.
Rewards Program
Reward Type: Cash Back
Base Reward Rate: 0.01%
Bonus Reward Rate: 0.03%
Bonus Categories: Dynamic: 3% on top spending category, 2% on second-highest spending category, 1% on all other spending. Categories are determined by monthly spend across eligible categories (e.g., Dining & Nightlife, Travel, Health & Beauty, Groceries, Gas, Bills & Utilities, Entertainment).
Point Value Estimate: 0.0100 cents/point
Expiration Policy: Cash back does not expire as long as the account is open and in good standing.
Card Benefits
Protection Benefits
Travel Benefits
- No Foreign Transaction Fees
Premium Benefits
Approval Criteria
Recommended FICO Range: 670 - 850
Approval Odds Category: Good
Pre-qualification Available
Soft Pull Supported
Hard Pull Bureau: Experian, TransUnion, Equifax
Issuer Rules
Rules: The Venmo Credit Card does not typically offer a traditional sign-up bonus. Instead, it features a dynamic rewards program: 3% cash back on your top eligible spend category, 2% on your second top eligible spend category, and 1% on all other eligible purchases. Rewards are automatically applied to your Venmo account. Eligibility requirements for 2026 include being an active Venmo user, 18 years or older, a U.S. resident, and possessing a valid Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN). Applicants are generally expected to have a good to excellent credit history. Synchrony assesses an applicant's overall credit profile, including recent credit inquiries and existing credit relationships with Synchrony and other lenders.
Maximum Cards Per Issuer: 3
Minimum Spend Interval: N/A - Rewards are ongoing and not tied to an initial spend bonus.
Shutdown Risk Triggers: Manufactured spending, abuse of dynamic rewards categories, high cumulative credit limit across Synchrony products, excessive credit seeking (too many recent applications), frequent balance transfers without repayment, late payments or defaults on any Synchrony account.
International Friendly
User Analytics & Insights
User Ratings
Average Rating: 3.8 / 5.0
Top Positive Feedback:
Flexible and automatic cash back rewards on top spending categories, no annual fee, seamless integration with the Venmo app for easy management and redemption, customizable card design, and contactless payment.
Top Negative Feedback:
Customer service issues reported with Synchrony Bank, some users experience difficulty with credit limit increases, 3% foreign transaction fees, and rewards are capped at $10,000 spend per category annually.
Approval Experience Score: 75.0 / 100
Recommended Alternatives
- Citi Custom Cash Card
- Chase Freedom Flex
- Discover it Cash Back
Card Value Score: 78.0 / 100
Est. Annual Rewards: $255.00
User Portfolio Metrics
Avg Portfolio Size: 2 cards
Avg Portfolio Age: 36 months
Store vs Co-brand: 100% General / 0% Store
Risk Assessment
Default Risk Group: Medium
Predicted Approval Probability: 85.0%
Terms Version Control
Version ID: v1.0