Venmo Credit Card introduces split-to-earn feature with up to 4% cash back on dining and entertainment
Venmo announced an industry-first split-to-earn feature for the Venmo Credit Card, allowing cardholders to earn up to 4% cash back on dining and entertainment purchases: 3% automatically plus an additional 1% when they use the Venmo app's split transaction feature with friends within 30 days of the purchase. The card, issued by Synchrony on the Visa network, has no annual fee, no foreign transaction fees, no limits on daily cash back, and a hard credit inquiry only upon approval. The new rewards structure is ava...
Key takeaways
Venmo Credit Card now earns up to 4% cash back on dining and entertainment (3% automatic + 1% via split-to-earn).
Industry-first split-to-earn feature rewards cardholders who split purchases with Venmo friends within 30 days.
Additional 3% cash back tier for paying with Venmo (in-app/online checkout, Venmo business profiles, P2P purchases).
1% cash back on all other purchases.
Card has no annual fee, no foreign transaction fees, and unlimited daily cash back deposited into Venmo account.
Card issued by Synchrony on the Visa network.
New rewards structure available beginning October 15, 2026 for new cardholders.
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