Venmo Credit card

cashorcharge · ‎10-05-2020

Venmo will now have their own unique credit card through Synchrony. Appears to only be eligible to active Venmo users within the last 12 months… At first. I know there's a lot of mixed feelings regarding Synchrony. If you're a big Venmo user, this may be valuable to you.
https://thepointsguy.com/news/venmo-credit-card/?utm_source=TPG%20Daily%20Newsletter&utm_medium=emai...

JR_TX · ‎10-05-2020

Yeah read about it. It's probably the best 3-2-1 card as there's no more periodic activation as it's done automatically by the algorithm assigning your most spend as the 3% and 2nd most as 2%!

The only downside is... well it's a Synchrony card. 🤪

New cc TLs : 0/6 ; 0/12 ; 0/24 | HPs EX 3 EQ 3 TU 4 | AAoA 7y10m | UTIL 1% - 4% | $300K+ Total Limits

Brian_Earl_Spilner · ‎10-05-2020

Prequal link, yo!

AllZero · ‎10-05-2020

Thank you for sharing the information.

icednightpaper · ‎10-05-2020

Not a horrible option, although being SYNC is a bit of a problem. Seems like PayPal (company) is continuing to expand its offerings.

notmyrealname23 · ‎10-05-2020

Oooh, a 3% card on the category I use most on that card. That seems useful for someone who can't get a USB Cash+...

notmyrealname23 · ‎10-05-2020

@Brian_Earl_Spilner wrote:
Prequal link, yo!

Only available for applications in the Venmo app, yo.

Anonymous · ‎10-05-2020

@notmyrealname23 wrote:
Oooh, a 3% card on the category I use most on that card. That seems useful for someone who can't get a USB Cash+...

Easy there, some of us are still a little sensitive ....

Brian_Earl_Spilner · ‎10-05-2020

@notmyrealname23 wrote:
@Brian_Earl_Spilner wrote:
Prequal link, yo!
Only available for applications in the Venmo app, yo.

I'm not one of the ones selected, yo

Credit12Fico · ‎10-05-2020

@notmyrealname23 wrote:
Oooh, a 3% card on the category I use most on that card. That seems useful for someone who can't get a USB Cash+...

I think it's most useful for the non-MyFico crowd. The ones who don't have a dozen credit cards from big banks and obscure credit unions alike. Also the ones who find Venmo sufficient for their needs. Paypal is the more fully featured service in my opinion. Venmo seems like the "Happy Meal" with the toy inside.