How Does Venmo Work With Credit Cards?

How does Venmo work with credit cards? You can either link your credit card to your Venmo account or use it as a funding source when you make a payment. If you use your credit card as a funding source, Venmo will charge a 3% fee.

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In this article, we’ll explain how you can use Venmo to pay with your credit card. While you’re able to connect your credit card to your Venmo account, there are some important things to keep in mind before you do.

When you use Venmo with a credit card, you’ll be charged a 3% fee for each transaction. This is in addition to any fees that your credit card company may charge. Additionally, payments made with a credit card are not eligible for Venmo’s Instant Transfer feature, which means that they may take up to 3 days to process. For these reasons, we generally recommend using a debit card or bank account with Venmo whenever possible.

That said, there are some situations where it makes sense to use a credit card with Venmo. For example, if you’re trying to earn credit card rewards or cash back on your purchase, paying with a credit card can be a good option. Just be sure to keep the 3% fee in mind when making your decision.

If you do decide to pay with a credit card, here’s how to do it:

1. Open the Venmo app and tap the “Pay or request” button at the bottom of the screen.
2. Enter the amount that you want to pay and tap “Pay” in the top right corner of the screen.
3. If you have multiple payment methods added to your account, select “Credit Card” from the list of options. If you have only one payment method added, it will be selected by default and you can skip this step.
4. Enter the email address or phone number of the person (or merchant) that you’re paying and tap “Next.”
5. On the next screen, you’ll be able to add a note about your payment (optional). When you’re finished, tap “Pay” in the top right corner of the screen.
6. On the following screen, review the details of your payment and tap “Confirm & Pay” in the bottom right corner when you’re ready to send your payment

What is Venmo?

Venmo is aet up as a peer to peer payment platform that allows individuals to transfer money to one another using their smartphones. The app Venmo is connected to your bank account, debit card, or credit card so that you can easily make or request payments. You can also use Venmo to make online purchases with select merchants.

Venmo is free for most transactions if you are using your bank account, debit card, or prepaid card to fund the payment. If you are using a credit card, there is a 3% fee per transaction. When you make a payment, the funds are transferred immediately. However, if you are using a credit card, the funds will not be taken out of your account until Venmo settles the transaction with the merchant, which usually takes two to three days.

If you are making a purchase from a merchant that does not accept Venmo yet, you can still pay with your Venmo balance or linked bank account through theVenmo MasterCard® Debit Card. The Venmo card can be used anywhere Mastercard is accepted in the U.S., both in person and online. When you use your Venmo card at a merchant, the funds for your purchase will be drawn from your Venmo account balance immediately.

How Venmo Works with Credit Cards

Venmo is a service that allows you to pay your friends for things like rent, dinner, or concert tickets with your phone. The app is free to download and use, and you can link it to your bank account or a credit or debit card. When you pay someone with Venmo, the money is transferred from your account to theirs immediately. If you’re paying with a credit or debit card, there’s a 3% fee.

When you first sign up for Venmo, you’ll need to add a payment method. You can link your bank account or use a credit or debit card. If you use a credit or debit card, there’s a 3% fee on each transaction.

If you’re paying someone with Venmo who also has the app, the money will be transferred immediately and there are no fees. If you’re paying someone who doesn’t have the app, they’ll get an email letting them know they’ve been paid and they can sign up for an account to claim the money.

Whether you’re using your bank account or a credit or debit card, Venmo is a convenient way to send money to your friends without having to carry cash around.


Venmo charges a 3% fee when you use a credit or debit card to fund your payment. For example, let’s say you want to split dinner with your friends and the bill comes to $30. If you use your credit card to pay your share through Venmo, your total payment will be $30.90 (the $30 bill plus a $0.90 fee).

There is no fee if you choose to pay with your Venmo balance, bank account, or debit card.


Venmo is a service of PayPal, Inc., a licensed provider of money transfer services. When you link your credit card to your Venmo account, we use best-in-class security measures to help protect your information. Your credit card number is encrypted and stored on secured servers, and all transactions are monitored for suspicious activity. You can also add a PIN to your account for additional security.


In conclusion, using Venmo with a credit card is a great way to pay friends back or to split a bill. There are no fees associated with using Venmo with a credit card, and the process is simple and straightforward. All you need to do is link your credit card to your Venmo account and you’re good to go. So, next time you’re wondering how does Venmo work with credit cards, now you know!

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