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How to get a Venmo card, which is like a debit card that uses money from your Venmo balance

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How to get a Venmo card, which is like a debit card that uses money from your Venmo balance

Category : entrepreneur

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  • You can get a Venmo Card by applying on the app. You’ll usually receive it in five to seven business days after you’re approved for it. 
  • A Venmo Card is a debit card offered by the mobile payment service that uses the balance you have on the app for purchases made within the United States. 
  • Visit Business Insider’s homepage for more stories.

Venmo, the popular app-based payment service owned by PayPal, launched its debit Venmo Card in the summer of 2018.

The card allows users to use their Venmo balance to make purchases outside of the app and at any vendor across the US that accepts Mastercard.  

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What is a Venmo Card?

The Venmo Card acts as a debit card and operates through Mastercard’s network. As of right now, the Venmo card can only be used in the US. 

With a Venmo Card, you will be able to use your Venmo balance at any and all vendors who accept Mastercard. There is no fee to apply for a Venmo card, and the card even has a handful of cash-back options (for example: 5% cash back on purchases made at Target). 

Like opening any new banking account, Venmo will ask you to enter your personal information, including the last four digits of your social security number and your address. Once you are approved for a Venmo card and receive it, you will be able to track your purchases using the app and split costs with your Venmo friends. 

The Venmo Card also allows you to temporarily disable it if you’ve briefly misplaced it, then re-enable it once its been found. 

How to get a Venmo Card using the app 

1. Open the Venmo app on your iPhone or Android phone.

2. At the top left-hand corner, select the menu icon, resembling three horizontal lines. 

How to get a Venmo card

Select the menu icon at the top.
Isabella Paoletto/Business Insider

 

3. Scroll through the menu and select “Venmo Card.” 

How to get a Venmo card

Scroll to find “Venmo Card” in the menu.
Isabella Paoletto/Business Insider

 

4. A display screen will pop up and describe all the features of a Venmo card. Tap the “Get the Venmo Card” button at the bottom. 

How to get a Venmo card

To start the process to get a Venmo card, tap “Get the Venmo Card.”
Isabella Paoletto/Business Insider

 

5. You will then be prompted to choose a color for your Venmo card. Options include, white, yellow, pink, green, blue, and black. Make your selection then press “Next” in the top right-hand corner. 

How to get a Venmo card

Pick a color for your card.
Isabella Paoletto/Business Insider

6. Next, enter your first and last name. Then, tap “Next.” 

How to get a Venmo card

Enter your name.
Isabella Paoletto/Business Insider

7. Venmo will then ask you to enter the last four digits of your social security number and your date of birth. Once you’ve done so, be sure to read the terms and conditions, then tap “Next.” 

How to get a Venmo card

Enter your information, then tap “Next.”
Isabella Paoletto/Business Insider

8. The next page will ask for your address to ship your Venmo card. Enter it, then press “Next.” 

9. The next page will ask if you want your Venmo card to be automatically reloaded if there is ever a low balance, and from what connected bank account to make the withdrawal. Once you’ve made your choices, and selected an already connected bank account, tap “Next” at the bottom. 

How to get a Venmo card

Select whether or not you want your Venmo card to be reloaded with money from your bank account when your balance is low.
Isabella Paoletto/Business Insider

10. Review your information, then tap “Submit” at the bottom. Venmo will then verify your identity, and if it is approved, your Venmo card will be “in the works” — it will then show you the address the card is being shipped to and when to expect it, which is typically five to seven business days. You will also receive a confirmation email. 

Related coverage from How To Do Everything: Tech:

  • ‘Does Venmo work internationally?’: No, you must be physically located in the US — here’s what you need to know

  • There’s a limit on your Venmo transactions — here’s how much money you can send and receive with each account type

  • How to receive money on Venmo and transfer funds to a connected bank account

  • How to contact PayPal if you have an issue with your account, in 2 different ways

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About Author

Sammy Singh

Global VC, Founder, and entrepreneur extraordinaire as featured in Inc. Magazine, Bloomberg, and Forbes. Sammy Singh is a graduate of UCLA and Wharton School of Business as well as a former student of Loyola University of Chicago. Sammy is best known as a renowned financial technology global entrepreneur and has founded over 26 different firms across industry and all over the world. He is a venture capitalist,a TV/ Film actor, tax specialist, and marketing solutions strategist. Connect with Sammy Singh on social media below! www.linkedin.com/in/cfo www.instagram.com/champagnegqpapi www.facebook.com/officialsammysingh www.twitter.com/cxosynergy www.medium.com/@sammysingh www.crunchbase.com/sammysingh

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