Thoughts on using the VenMo credit card just for VenMo purchases? They are advertising it like crazy lately.

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May 15, 2023·edited May 16, 2023Author

Seemingly not worth the hassle of opening another credit card account. The rewards it offers seem pretty weak and unlikely (when averaged across all of your spending) to exceed a 2% cashback reward card.

Also the fine print notes that the no-fee Venmo policy expires at the end of the year. They might extend it, they might not (and I'd worry about them dropping the policy and not noticing it until after having incurred a bunch of fees).

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