Venmo Credit Card
No fee
Synchrony
Venmo Credit Card
3.9
(3,456 reviews)cryptocashback
Reviewed by CardCompare Editorial Board
|CFP-reviewed|Updated April 2026Venmo's credit card automatically tracks your spending and gives 3% back on your top category each month (dining, gas, groceries, etc.) without any enrollment. Cash back goes to your Venmo balance where you can convert it to crypto if you want. The auto-category feature is unique in the market.
Annual Fee
No annual fee
Purchase APR
20.74% – 29.74%
Rewards
1% base rate
Sign-Up Bonus
None
Credit Score
Good (670-749)
Foreign Txn Fee
3%
Who Should Get This Card
The Venmo Credit Card is best suited for established credit users who venmo users who want automatic category optimization. With no annual fee, there's zero cost to keep it in your wallet long-term.
This card is great if you…
- Auto-detects best category
- No annual fee
- Cashback to Venmo or crypto
- Venmo users who want automatic category optimization
Consider another card if you…
- 3% FTF
- No sign-up bonus
- Synchrony bank limitations
Rewards Breakdown
3% on top category, 2% on second, 1% on everything else
| Category | Rate |
|---|---|
| Top Category (auto-tracked)(Auto-detects your highest-spend category each month) | 3% |
| Second Category | 2% |
| Everything else | 1% |
Rewards Distribution
3%
top rate
Top Category (auto-tracked)3%50%
Second Category2%33%
Everything else1%17%
Fees & APR
| Annual Fee | No annual fee |
| Purchase APR | 20.74% – 29.74% |
| Balance Transfer Fee | 5% |
| Foreign Transaction Fee | 3% |
| Late Fee | Up to $40 |
Pros & Cons
Auto-detects best category
No annual fee
Cashback to Venmo or crypto
No action needed for bonus rates
3% FTF
No sign-up bonus
Synchrony bank limitations
Top category can shift month to month
The Bottom Line
The Good: The Venmo Credit Card stands out for its auto-detects best category.
The Not So Good: 3% FTF.
Our Verdict: The Venmo Credit Card scores 7/10 — a solid option for venmo users who want automatic category optimization. With no annual fee, there's no risk in trying it.
Frequently Asked Questions
What is the annual fee for the Venmo Credit Card?▾
The Venmo Credit Card has no annual fee — you'll never be charged just for keeping the card open.
How do the rewards work on the Venmo Credit Card?▾
The Venmo Credit Card earns 1% on all purchases, and up to 3% in select bonus categories. Rewards are earned as cash back credited to your statement.
What credit score do I need for the Venmo Credit Card?▾
The Venmo Credit Card is recommended for applicants with good (670-749) credit. Approval is not guaranteed and depends on your full credit profile.
Does the Venmo Credit Card charge a foreign transaction fee?▾
Yes, the Venmo Credit Card charges a 3% foreign transaction fee on purchases processed outside the U.S.
What is the APR on the Venmo Credit Card?▾
The Venmo Credit Card has a variable purchase APR of 20.74% – 29.74%. If you carry a balance, interest charges can quickly outweigh any rewards earned.
Who is the Venmo Credit Card best for?▾
The Venmo Credit Card is best for Venmo users who want automatic category optimization. A key advantage: auto-detects best category.
Customer Reviews
3.9
3,456 reviews
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