Why You Need The Venmo Debit Card

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When Venmo first became popular, it was a total game-changer when it came to paying people back. Remember when you had to write your roommate a check to pay the utilities? Or go to the ATM to get your friend back for the pizza they bought you? Or keep a list of everyone who owed you money, even though you knew they were never going to pay you back? The Venmo app helped fix those problems, and now the Venmo Mastercard® is working to make your life even easier.

If you don’t understand anything about finance (same), the Venmo card is thankfully very simple to understand. Basically, it’s an extension of the app, but now you can use it in the real world. With this debit card, you can make purchases everywhere Mastercard is accepted using your Venmo balance. So if everyone finally paid you back for brunch last weekend, now you can use that money to treat yourself to a new pair of shoes. And then you can easily keep track of all your transactions in the app. And of course, you can also use the app to split any purchases made with the card.

The Venmo card comes with a Rewards program that puts money directly back into your balance. Venmo Rewards are designed so you can actually start reaping the benefits of all the money you’re already spending. When you shop with Rewards partners like Sephora, Dunkin’, or Macy’s*, the cash back goes directly into your Venmo balance—praise be. Seriously, it’s so easy. Maybe you didn’t need to buy yet another eyeshadow palette at Sephora, but at least with Venmo Rewards, you can get money back to spend on something else, like delivery sushi or maybe your rent—up to you. I’m not exaggerating when I say that Venmo Rewards is basically the best thing to ever happen to me.

The Venmo app also lets you easily switch the card on and off, in case you ever lose it. We’ve all had that moment of panic where a card just goes missing out of nowhere, but the on/off switch will save you from suffering through a phone call with the bank when you find it in the bottom of your purse 30 minutes later. As someone who hates talking on the phone, this is a lifesaver. You can also choose which color card you want, because no one wants their wallet to look boring. And one more time, let me just mention how amazing the Venmo Rewards are.

If you already love using Venmo to make your life simpler, the Venmo card is a no-brainer. You can click here to learn more about the Venmo card, and apply to start earning rewards ASAP when you get your card.

*Each Venmo Rewards Offer Powered by DOSH is available for a limited time only at participating merchants on qualifying purchases (as stated in the particular offer and subject to the full program terms). By participating, you agree that DOSH may create a wallet for you on its system in order for you to earn and redeem Venmo Rewards. Any Venmo Rewards that you earn will be transferred to your Venmo account. All offers made available to you may become unavailable without notice. Additional terms and exclusions apply. See full Venmo Rewards Powered by Dosh Terms of Service and Privacy Policy here.
The Venmo Mastercard is issued by The Bancorp Bank pursuant to license by. Mastercard International Incorporated. The Bancorp Bank; Member FDIC. Card may be used everywhere Mastercard is accepted in the U.S. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
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6 Venmo Rules To Follow When Dating Someone New

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Money is awkward. Whether you accidentally bought a round of shots for the entire bar or you “accidentally” used your mom’s credit card at Whole Foods, paying people back can be complicated. In college, I remember keeping a note on my phone with a running list of all the things I owed people money for, whether it was a piece of furniture or a cab ride. Thankfully, the days of asking your friends for change are over, because Venmo was invented. It finally gave us an easy way to pay people back, but it also created a whole new set of questions about etiquette and what’s okay.

If you’re in the beginning stages of a relationship, the last thing you want to do is make things awkward about money. Luckily, Venmo knows that things can get tricky, and they brought in some outside help to get a better look at how people really feel about using the app. Venmo surveyed their community about proper money manners, and using some of their findings, we’ve come up with some handy rules for requesting money when you’re in a new relationship. We can’t stop men from being idiots, but at least you won’t be the one causing the problems.

1. If You Asked, You Pay

When it comes to dating in 2019, it’s not true that the man always needs to pay. That’s old-fashioned, and the same rules don’t work for everyone. But when it comes to a first date, nearly two thirds of Venmo users surveyed think that whoever initiated the date should cover the bill. If you’re an independent woman who likes to ask guys out, that’s cool, but that also might mean you’re the one paying. That being said, 30% of users prefer to split the bill on a first date, so you can feel out the payment situation once you get there.

2. Split Now, Not Later

Whether you’d rather split the bill or have one person cover the whole thing, you need to decide before you leave the bar/restaurant/wherever your date is happening. 66% of Venmo users surveyed think it’s uncool to send a Venmo request for half the bill after the fact without discussing it, and I’m honestly surprised that number isn’t higher. Men (and everyone, but mostly men)—if you want to split the bill, you need to say something while the date is still happening. Otherwise, as far as I’m concerned, you forfeit your right to recoup any money from your date. Plus, it’s petty.

3. Everyone Needs A Reminder Sometimes

So you’ve finished your date, and decided that you’ll split the bill. Great! Restaurants are annoying about splitting checks, so you just sent a Venmo request for half. (Or you could just apply for a Venmo card, but whatever.) But now comes the awkward phase of waiting for someone to complete your charge. We’ve all felt uncomfortable deciding whether or not to “remind” someone that they still haven’t given you your money, but we shouldn’t. 65% of Venmo users surveyed feel comfortable using the remind feature, and you should too. The whole point of Venmo is that it’s easy to pay people back, so that’s kind of why we’re all here. Everyone forgets stuff all the time, so skip the overthinking and secure your bag.

4. Unfriend Your Exes

We’ve all experienced a little bit of Venmo FOMO—you’re sitting at home paying your roommate back for the Wifi bill, and you notice that two of your friends are paying each other with the wine glass emoji. It only makes it worse when you see that an ex is sending payments to someone new, so just avoid the jealousy and/or curiosity altogether by unfriending your exes! No one is immune to FOMO, and 20% of users surveyed said that seeing their ex’s activity on Venmo is more upsetting than seeing what they post on social media. Most people don’t really make use of the “unfriend” tool on Venmo, but we’d all save ourselves a lot of heartache if we did. You and your new partner will both thank me for this advice, because now you won’t end up stalking some girl you’ve never met at 3am, wondering whether her payment for “office supplies” is code for something else. 

5. Keep It Private

If you finally unfriended your ex on Venmo, congratulations, it’s a big step. But now that you’re seeing someone new, you should probably try to keep things low-key, at least at the beginning. By keeping your transactions with your new partner set to “private” for a little while, you automatically remove yourself from the drama of prying eyes and annoying questions. It can’t hurt to lock it down, at least until you’re Instagram official.

6. Just Talk About It

One of the best things about Venmo is that it has made it so much easier to be open about money and the etiquette surrounding it. Sure, there are awkward moments sometimes, but at least now you never have to go to the ATM to pay your friends or partner back. 95% of Venmo users surveyed agree that Venmo has made it easier to discuss money and IOUs with their friends and family, so don’t let any kind of tension simmer. Especially in a new relationship, communicating openly is the best thing you can do.

Images: Helena Lopes / Unsplash

You can review the Venmo card Cardholder Agreement at any time online or in the Venmo app under Venmo Card > Legal. The Venmo Mastercard is issued by The Bancorp Bank pursuant to license by Mastercard International Incorporated. The Bancorp Bank; Member FDIC. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. The card may be used everywhere Mastercard is accepted in the U.S.