Venmo

Venmo is an application that allows you to easily send and receive money from friends and family for various purposes, such as splitting rent or sending a gift. You can also add a note to each payment to share and connect with your friends.

With Venmo, you can now send a payment request to multiple friends at once and customize the amount each person owes. This makes it easier to split expenses among a group of people.

By using the Venmo credit card, you can earn up to 3% cash back on your eligible top spend category. You can also split card purchases with Venmo friends and use it to shop online, in-store, and worldwide where Visa credit cards are accepted.

Venmo also allows you to buy, hold, and sell cryptocurrency right on the app. You can learn more about crypto through in-app resources, but it's important to note that it is volatile and can rise and fall in value quickly.

The Venmo debit card can be used everywhere Mastercard is accepted in the US, and you can earn cashback from some of your favorite spots. Additionally, Venmo offers teen accounts with a debit card and the ability to send money to trusted friends and family, with no minimum balance or monthly fee.

For those with a side gig or small business, Venmo offers the option to create a business profile under your same account. You can also use Venmo to pay in various apps and online, such as Uber Eats and Grubhub. And with Instant Transfer, you can get your Venmo money in the bank within minutes. For even faster access to your funds, you can try Direct Deposit and potentially receive your paycheck up to two days earlier than your normal payday.

It's important to note that there are terms and conditions for using Venmo, such as being at least 18 years old and residing in the US or its territories. There are also risks associated with buying and selling cryptocurrency, so it's recommended to seek advice from a financial or tax advisor. The Venmo credit card is issued by Synchrony Bank and the Venmo debit card is issued by The Bancorp Bank, both subject to their respective terms and conditions. The Venmo Teen Debit Card is available for eligible users aged 13-17 with parent or legal guardian sign up. Transfer speed and access to funds may vary depending on your bank and employer.