Venmo Credit Card
Synchrony
No Annual Fee
Annual Fee
visaGoodno-annual-fee17 days ago
Welcome Offer
No Welcome Offer
OpenCard analysis
Is the Venmo Credit Card right for you?
The Venmo is a no-annual-fee rewards card from Synchrony. Its strongest everyday earning is 3x on Dining & Entertainment, with 1x on most other purchases. With no fee, the question is simply whether 3x on Dining & Entertainment beats what your current card earns there.
Who it's for
- ✓ People who spend steadily on Dining & Entertainment, where it earns 3x
- ✓ Anyone who wants Dining & Entertainment rewards without paying an annual fee
Who should skip it
- — Heavy spenders outside Dining & Entertainment — everything else earns 1x
First-year value estimate
Welcome bonus
$0
Rewards on spending
$180
Annual fee (year 1)
−$0
Year 1, before credits
$180
Year two, without the welcome bonus: about $180 before credits ($180 in rewards minus the $0 fee).
Assumptions
- $3,000 a year in Dining & Entertainment (3x) and $9,000 on everything else (1x) — $12,000 total, about $1,000 a month.
- Rewards valued at 1¢ per point or 1% cash back (cash-equivalent).
- No welcome bonus is listed in our record, so none is counted.
- No annual fee in any year.
An illustration, not a promise of value. Change the spending to match yours; rewards are not cash until redeemed. Card data reviewed 2026-10-02.
How it compares
Citi Strata →
Citi, same $0 annual fee; earns 4x on dining.
U.S. Bank Altitude Go Visa Signature →
U.S. Bank, same $0 annual fee; earns 4x on Dining, Takeout, and Restaurant Delivery.
Amex Cash Magnet →
American Express, same $0 annual fee; earns 1.5x on everything.
Frequently asked questions
- Does the Venmo have an annual fee?
- No. Our record lists a $0 annual fee for the Venmo.
- What does the Venmo earn?
- 3x on Dining & Entertainment, 3x on Paying with Venmo (checkout, businesses, goods & services), and 1x on other purchases.
- Is the Venmo worth it in the first year?
- Using our illustration ($12,000 of yearly spending, $3,000 of it in Dining & Entertainment), the first year comes out around $180 before credits, including a welcome bonus valued at $0. Year two drops to about $180 before credits.
- What credit do I need for the Venmo?
- Our record lists "Good" credit as the typical target for the Venmo. Synchrony makes the final decision based on its own criteria.
Earning Rates
3×Dining & Entertainment3% cash back; +1% (up to 4%) when you split the purchase in Venmo
3×Paying with Venmo (checkout, businesses, goods & services)
1×All other purchases
Insurance
Sources
Last Updated: Oct 2, 2026