Pros and Cons of Using a Credit Card on Venmo

Pros and Cons of Using a Credit Card on Venmo
With Venmo, it is possible to link payments to a credit card, including your favorite rewards credit card. Dreamstime/TCA
Tribune News Service
Updated:
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By Erin Bendig From Kiplinger’s Personal Finance

Like other peer-to-peer (P2P) payment apps, Venmo makes sending money to family, friends or businesses convenient, quick and secure. When setting up an account with Venmo, you link and verify a bank account from which your digital payments will be sent.