Venmo Visa Approved! Worse SL ever

trant3 · ‎12-28-2020

The Venmo credit card popped up in the app today, figured I could use the 3% utility/bills cash back with $10k cap, so gave it a whirl. Yes, was approved, but with only a $2,700 SL which is probably my worst SL, APR is 21%. I have one other card with Synchrony and its the Amazon card which has a $2800, I'm bucketed in this limit range with them for some reason.

-Lots of new cards this year

-TU pulled, 742 FICO

-Cool looking card

-Online card mangement thru the Venmo app, very user friendly, reminds me of the Apple Card

-Instant card number with expiration date shown in the app

Amex Bonvoy Brilliant $9k, Expedia OneKey $30k, Fidelity $23.5k, FNBO $15k, Universal Studios Visa $15k, FourLeaf FCU $35k, US Bank Cash+ 15k, Affinity FCU $10k, Sofi $15k, Venmo Visa $15k, AAA $11.9k, Apple $8.5k, Citi Custom Cash $21k, Citi Custom Cash #2$16k, Chase Amazon $3k, Chase Flex $13.6k, Chase IHG $1k, AMEX Hilton Aspire $28k, Chase Freedom $41.5k, NFCU Plat $50k, NFCU Flagship $30k, Discover IT $36.5k, Discover Miles $20k, BECU Visa $40k, Wells Fargo Active $11.3k, PenFed Promise $15k, PenFed Gold $20k, BoA AmeriCard $14k, BoA Cash $14k, Citi TY $8k

cashorcharge · ‎12-28-2020

Congratulations on your approval! I know this card only came out earlier this year...perhaps like other SYNC accounts, you'll see good CLI's in the future. Seems like lots of members with the Verizon Visa hit up SYNC this last week for CLI's as they were 4-6 months old and several people were successful. I also know they get rather aggressive with their Lowe's card. Certainly not in stone but hope for the future.

Enjoy that new card...and YES, cool looking for sure.

AllZero · ‎12-28-2020

Congratulations on your approval!

CreditAggie · ‎12-28-2020

Congratulations on your Venmo Visa approval!

Current Cards (in order of approval):

Current FICO 8 | 9 (December 2025):

Credit Age:

Inquiries (6/12/24):

Banks & CUs:

BlessedBuilding · ‎12-28-2020

Congrats on the card!

Marz2002 · ‎12-28-2020

CONGRATS @trant3 on your Venmo VISA approval!!

dudefromtx · ‎12-28-2020

Congrats on your approval!

mrcraft · ‎12-28-2020

Congratulations on your approval!!

Affinity Cash Rewards Visa Signature $32,500

American Express Marriott Bonvoy Brilliant $25,000

PenFed Power Cash Rewards Visa Signature $20,000

U.S. Bank Altitude Go Visa Signature $17,000

Chase Marriott Bonvoy Boundless Visa Signature $16,700

Brian_Earl_Spilner · ‎12-28-2020

Could be worse. You could have got $300 like so many people with good credit with the paypal 2% mastercard.

Marz2002 · ‎12-28-2020

@Brian_Earl_Spilner wrote:
Could be worse. You could have got $300 like so many people with good credit with the paypal 2% mastercard.

@Brian_Earl_Spilner , not to change the topic but, I just received my latest PayPal 2% MasterCard CLI Rejection letter stating -

"The requested amount exceeds the limits set by our credit policy." I requested a $5K CLI and didn't even receive a counter offer. I haven't received a CLI from them since May 2019!