Venmo Launches A Credit Card; Pandemic Has Changed Our Card Habits

Venmo Launches Its First Credit Card, Offering Up To 3% Cash Back, Personalized Rewards

The Venmo Credit Card is rolling out to select customers. The Visa card offers 3% cash back on eligible purchases, personalized rewards and tools to track and manage finances. What makes the card potentially appealing to Venmo’s younger user base is how the card is directly integrated into the Venmo mobile app. Users can earn rewards from eight spending categories. Users will earn 3% back on their top spending category, 2% from the second highest category, then 1% on all others. [Tech Crunch]

How the Pandemic Is Changing Americans’ Credit Card Habits

Over half of those surveyed in September said that they’ve put money towards a debt as a direct result of the pandemic, or plan to in

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