Back to news

The Venmo Credit Card Now Pays Up to 4% Cash Back When You Split with Friends

PR Newswire•05/10/2026•09:00 ET
0

Key Highlights

  • ➤Venmo Credit Card offers up to 4% cash back on dining and entertainment
  • ➤Split-to-earn adds 1% when purchases are split with Venmo friends
  • ➤Card offers 3% cash back for paying with Venmo
  • ➤New rewards structure begins October 15th for new Venmo Credit Card customers
  • ➤Synchrony issues the Venmo Credit Card on the Visa network

Expert Statements

Alexis Sowa, General Manager of Venmo

“Venmo users have always been social spenders. They go out together, they split the bill, and they settle up in the app.”

Alexis Sowa, General Manager of Venmo

“We built split-to-earn around how customers actually live and spend with friends, and it delivers on something we believe in deeply: the more you do with Venmo, the more you should get back.”

The Venmo Credit Card Now Pays Up to 4% Cash Back When You Split with Friends PR Newswire

The Venmo Credit Card now rewards social spending with an industry-first feature that offers cardholders more cash back for splitting purchases with friends on Venmo

Get started

Create a free account to read the full story.

Sign Up

Already have an account? Log in