Venmo Mastercard Debit Card review: rates, pros and cons
Looking for a new debit card? Look no further than the Venmo Mastercard Debit Card! Find out what are its main features! Keep reading to find out what this debit card is all about!
Venmo Mastercard Debit Card: Get cash back rewards on purchases
Now that Venmo has released its debit card, there is a lot of question about it! But don’t worry! In this Venmo Mastercard Debit Card review, we’ll answer all your questions!
Here’s a rundown of everything your need to know about this new debit card, including rates, fees, and pros and cons. So keep reading to find out whether it is right for you!
|No credit check is required;
|No annual fee;
|Enjoy cash back rewards.
All you need to know about the Venmo Mastercard Debit Card
Venmo is a great mobile app that offers a free transfer of funds from linked bank accounts. So customers can receive or send money in a few simple steps.
However, now Venmo delivers one more way to get instant access to your balance! The Venmo Mastercard Debit Card allows customers to purchase anywhere Mastercard is accepted.
Therefore, the spendable limit from this card is the amount available in the Venmo account.
Plus, you can use a linked bank account to cover transactions exceeding your Venmo Debit Card balance.
Additionally, cardholders can make ATM withdrawals for free at a MoneyPass ATM nationwide! This debit card also doesn’t charge any application, annual, or monthly fees.
Customers also can enjoy cash back rewards with Venmo Rewards. The reward is deposited into their Venmo balance when they make an eligible purchase. Great, right?
Nevertheless, clients can only see the cash back offers when they have a Venmo Debit Card.
This debit card also comes with some great Mastercard benefits. It includes Mastercard nationwide acceptance, zero liability protection, Mastercard Global Service, and ID Theft Protection.
Venmo Mastercard Debit Card details
Venmo Mastercard Debit Card is a great product for spending flexibility and accessibility! But the true question is: Is it the right choice for you?
The good news is that we are here to help you answer that question! Below, let’s check the pros and cons of this debit card.
- Enjoy Mastercard’s acceptance in the U.S and its benefits;
- Withdrawal cash for free at MoneyPass ATMs nationwide;
- Get cash back rewards;
- Manage your account through a user-friendly mobile app.
- This debit card cannot be used with international merchants;
- Withdrawing money outside the MoneyPass network in the U.S. will cost you;
- When you cover transactions with a linked bank account, an overdraft fee will be charged.
What is the credit score necessary to apply?
Venmo Mastercard is a debit card that uses the available balance in your account as a spending limit. Therefore, no credit check is required when applying for it!
Learn how to get the Venmo Mastercard Debit Card
Venmo Mastercard Debit Card offers a simple and fully online application process. In a few minutes, you can get your card!
So keep reading if you’re interested in applying. The following post will answer all your questions!
About the author / Beatriz Vieira
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