Venmo launches its first credit card

Eight Venmo credit cards lined up in an arc.

Venmo

Venmo has launched its first credit card (the aptly named Venmo Credit Card). It’s rolling out today to “select customers,” according to the company, but it will be available to everyone in the coming months. You can apply through the Venmo app, provided that you’re at least 18, live in the US, and have a Venmo account in good standing that’s been open for at least 30 days.

The Visa card can be managed directly in the Venmo app. You’ll be able to view your spending activity, track your rewards, make payments (you can use your Venmo balance to pay off the card), and split purchases. You can also use a virtual card to shop online, even before your physical card arrives.

Like Venmo accounts, Venmo cards will have a unique QR code on the…

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via The Verge – All Posts

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