Terms and Conditions
Venmo Mastercard® (“Venmo Debit Card”) Referral Program Terms (Updated May 2025)
By participating in Venmo’s Debit Card Referral Program (the "Program"), you agree to the following terms and conditions (the "Terms"). If you are the person inviting friends to join Venmo, you are a "referrer" under these terms, and if you are a person who receives an invitation to join Venmo from a friend, you are a "referee." The Program allows referrers to invite people they know to sign up for a Venmo Debit Card. Referrers and referees can both earn a Reward (defined below) when referees who are invited satisfy the Reward Criteria as defined below.
Venmo may at any time and in its sole discretion, without prior notice, terminate, cancel, suspend, or modify the Program or these terms.
Eligibility and Overview
- You may participate in this Program as a referrer until the Program is terminated or modified by Venmo. If you refer a referee prior to the termination of the Program, you will still be eligible to earn the Rewards described below if the referee fulfills the Reward Criteria (defined below).
- To be eligible to earn rewards through the Program, each referrer and referee must have or sign up for a Venmo Debit Card and a Venmo account in good standing at the time of participation through when his/her reward(s) are issued. Venmo Business Profiles, Charity Profiles and Venmo Teen accounts are not eligible for this Program.
- A referrer must receive an in-app invitation to participate in the Program.
- A referrer may refer a referee by sending them an email, text, or social post that includes an invitation link to participate in the Program, as provided by Venmo (“Invitation”). Referrers will receive 1 Reward for every Qualified Referee (up to 10) they refer who satisfy the Reward Criteria, subject to the terms and limitations herein.
- Only Qualified Referees are eligible referees for this Program. “Qualified Referees” is (1) a person who has never been issued a Venmo Debit Card or (2) has been issued a Venmo Debit Card but has never transacted using the Venmo Debit Card. Each Qualified Referee must complete all the following steps (“Reward Criteria”) within 30 days of the date on which the referrer’s referral link was created.
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- Referee must access the referral link and successfully sign up for a Venmo Debit Card via the Invitation sent by the referrer if the Qualified Referee has never been issued a Venmo Debit Card. Signing up for a Venmo Debit Card may require certain actions, including identity verification, is subject to the Venmo Mastercard Cardholder Agreement; and
- Spend at least $50 in purchases with their Venmo Debit Card. ATM withdrawals and quasi-cash transactions (e.g., funding transactions for digital wallets, person-to-person transfers, travelers checks) do not count toward the $50 purchase threshold.
- If two or more referrers invite the same referee, Venmo will credit the reward to the person who has their Invitation accepted first, as determined in Venmo's sole discretion.
- Referees who have received a referral link for another promotion (e.g., a P2P referral promotion or Venmo Credit Card referral promotion) are not eligible to participate in this Program until they have satisfied the terms of the other promotion.
Limits on Referrals: You may only refer family and personal friends or acquaintances. You represent that you know the potential referees with whom you share your personal message link and that, to the extent any consent is necessary under applicable law or regulation, you have consent to send texts, emails, or other communications regarding the Program, including sending your referral link to those recipients. Additionally, you must not publish or distribute your Referral Link in public locations (online or otherwise) where the audience is likely to include people who are not your family or personal friends/acquaintances. If you do so, Venmo may disqualify you and your referees from participation in the Program and any referrals and Rewards will be voided, in Venmo’s sole discretion. Every time you share your Referral Link; you must tell the referee that you earn an incentive if they create a Venmo account/sign up for a Venmo Debit Card using your Referral Link and then complete the Reward Criteria. Telling people that you earn an incentive is a legal requirement. Failure to comply may result in our voiding any referrals and revoking or declining to issue any Reward or Additional Reward that you or your referees may have otherwise received.
Reward: The reward amount is $10 cash (“Reward”). There is a limit of one Reward per referee for the duration of the Program and a limit of 10 Rewards per referrer. If two or more referrers invite the same referee, Venmo will credit the Reward to the first person who referred the referee, as determined in Venmo’s sole discretion.
Reward Redemption: Rewards will be credited to the Venmo Account of participants within 30 days after qualifying to receive the Reward.
Miscellaneous: Participation is subject to the Venmo User Agreement. Venmo reserves the right to cancel, suspend or modify this offer in part or in its entirety at any time without notice. Similar offers may run at the same time; qualification for this offer does not constitute qualification for any other offer. Venmo is not responsible and/or liable if any e-mail, Reward, or offer-related materials or correspondence are not delivered for any reason. This offer is only redeemable in its originally published form.
The Venmo Mastercard® is issued by The Bancorp Bank, N.A., pursuant to a license by Mastercard International Incorporated. Card may be used everywhere Mastercard is accepted. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. The Bancorp Bank, N.A. is issuer of the Card only and not responsible for the associated accounts or other products, services, or offers from Venmo.