Venmo Credit Card Review (2026)

Reviewed by Card Pilled Editorial · Last verified 2026-05-09

Key Facts

Cashback

1-3%

Annual Fee

$0

Region

US Only

Type

Credit

Network

Visa

KYC

full

Mobile Pay

Apple Pay, Google Pay, Samsung Pay

Overview

Venmo is a US peer-to-peer payments app founded in 2009 by Andrew Kortina and Iqram Magdon-Ismail. It was acquired by Braintree in 2012, which was then acquired by PayPal in 2013, making Venmo a wholly owned PayPal subsidiary. PayPal added crypto buy, hold, and sell functionality to Venmo in 2021, expanding the app from purely fiat P2P payments into limited cryptocurrency services.

The Venmo Credit Card is a crypto credit card offered by Venmo (PayPal), available in US Only. It offers 1-3% cashback across 3 reward tiers, giving users the ability to earn higher rates as they increase their commitment. There is no annual fee to hold this card.

Best suited for spenders who want a true credit line rather than a pre-funded crypto debit card. It runs on the Visa network and requires full identity verification.

Fees & Costs

FX Fee

0%

Cashback Tiers

Venmo Credit Card cashback tiers and requirements

Tier	Rate	Requirement
All Other	1%	All other purchases
Second Category	2%	2nd highest spend category
Top Category	3%	Highest spend category each month

Pros

• High cashback rate of up to 1-3%
• No annual fee
• True credit card - no need to pre-fund with crypto
• No staking or token lockup required
• Supports Apple Pay and Google Pay

Cons

• Only available in the United States
• Conversion or top-up fees may apply

Note: ⚠️ CRYPTO CASHBACK ONLY, Traditional credit card that auto-converts cash back to crypto (BTC, ETH, LTC, BCH). Does NOT use crypto for payments. Top spend category 3%, second 2%, all other 1% — categories adjust monthly automatically. No annual fee. No conversion fee on monthly auto-purchase (spread applies). Issued by Synchrony Bank. Visa Signature.

Similar Cards

Other crypto cards in the same region or category that may suit your spending profile:

• Gemini Credit Card by Gemini - 1-4% cashback, $0 fee, US Only
• Fold Credit Card by Fold - 1.5-4% BTC cashback, $0 fee, US
• Robinhood Gold Card by Robinhood - 3% all + 5% travel cashback, $50/yr or $5/mo (Gold membership) fee, US Only
• Robinhood Platinum Card by Robinhood - 1-10% cashback, $695/yr fee, US Only
• Coinbase One (Amex) by Coinbase - 2-4% BTC cashback, $49.99-$2,999.99/yr fee, US (NOT NY/HI)
• Crypto.com US Credit Card by Crypto.com - 1.5-6.5% CRO cashback, $0 fee, US (49 states, excl. NY)
• Aven Bitcoin Visa Card by Aven - 2% USD cashback, $0 fee, US
• Coinbase Debit Card by Coinbase - Up to 4% cashback, $0 fee, US (excl. HI)

FAQ

What is the Venmo Credit Card?

The Venmo Credit Card is a crypto credit card offered by Venmo (PayPal). It is available in US Only and allows users to spend cryptocurrency at merchants worldwide.

How much cashback does the Venmo Credit Card offer?

The Venmo Credit Card offers 1-3% cashback. There are 3 tiers: All Other (1%), Second Category (2%), Top Category (3%).

What are the fees for the Venmo Credit Card?

The Venmo Credit Card has an annual fee of $0. Additional fees: FX fee: 0%.

Where is the Venmo Credit Card available?

The Venmo Credit Card is available in US Only. Its availability status is "US".

Is the Venmo Credit Card a credit or debit card?

The Venmo Credit Card is a true credit card, meaning you can make purchases on credit rather than needing to pre-fund the card with cryptocurrency.

Does the Venmo Credit Card support Apple Pay or Google Pay?

Yes, the Venmo Credit Card supports Apple Pay and Google Pay and Samsung Pay for contactless payments.

Visit Venmo (PayPal)

Want to see your annual earnings? Use the ROI Calculator to estimate net cashback at your spending level.